answersLogoWhite

0

Violations in the internal control involves not going according to the laid down procedure that has been designed by the organisation .Thus not following the rules that governs the activities within the organisation as well as dealing with external parties .

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Difference between internal audit and internal control systems?

Distinguish between internal audit and internal control.


Which is a type of detective internal control?

Which of the following is a type of "detective" internal control


There are GAO internal control standards?

there are how many GAO internal control standards?


What is the objective of Internal Control System and explain briefly internal control framework?

In 1992 COSO issued Internal Control--An Integrated Framework for companies, their managements, and their auditors.


Internal control system in nigeria ECWA Church?

what is the internal control system of Nigerian churches


What is internal control?

In 1992 COSO issued Internal Control--An Integrated Framework for companies, their managements, and their auditors.


What are the elements of internal control?

An organization establishes a system of internal control to help it manage many of the risks it faces, such risks are classified as follows:- * Inherent Risk * Control Risk * Detection Risk Establishing an internal control is the responsibility of the management, the elements (components) of internal control framework are the following:- * Control environment * Risk Assessment * Control Activities * Information & Communication * Monitoring


How many GAO internal control standards?

The Government Accountability Office (GAO) has established a framework of internal control standards known as the "Standards for Internal Control in the Federal Government," often referred to as the Green Book. This framework outlines five key components of internal control: Control Environment, Risk Assessment, Control Activities, Information and Communication, and Monitoring. Each component is essential for effective internal control and governance within federal agencies.


What are theProspects of accounting internal control departments to banks?

Prenumbered printed checks are an example of which internal control principle


Internal Audit is similar to that of internal control true or false?

false


What is internal control of an organization?

strategies,thus survival of business since business survival is a mere dream of internal control


What is an animal that can't control its internal body temperature called?

The animals that control it internal body is called indpendent animal