what is the internal control system of Nigerian churches
An internal control system is a mechanism set in p[lace to check or manage the environment in an organization. This system is in place to control issues like corruption and quality.
no
Unlike other components of an internal control system, humans are subject to judgment errors which can create weaknesses in an otherwise strong internal control system. As a result, faulty human judgment is an inherent limitation of any system of internal control.
Unlike other components of an internal control system, humans are subject to judgment errors which can create weaknesses in an otherwise strong internal control system. As a result, faulty human judgment is an inherent limitation of any system of internal control.
In 1992 COSO issued Internal Control--An Integrated Framework for companies, their managements, and their auditors.
good environment control
An internal control system aides in ensuring financial statements are free from material misrepresentation and assets are sufficiently protected from misappropriation.
What is nigeria's economic system? What is nigeria's economic system?
no
The board of directors and its audit committee have responsibility for making sure the internal control system within the organization is adequate
It control and coordinate the body system by maintaining internal homeostasis.
Control environment, risk assessment, control activities (procedures), communication, and monitoring