Auditor

Exploring Other Categories of Internal Control: A Comprehensive Analysis In addition to the traditional categories of internal controls such as accounting, administrative, preventative, detective, and corrective controls which has been discussed earlier, organizations often classify controls based on other criteria to address specific needs and requirements. In this in-depth exploration, we…

Objectives and Responsibilities of Internal Controls Internal controls form the backbone of an organization’s governance framework, playing a crucial role in achieving various objectives that collectively contribute to the efficient, ethical, and secure conduct of business. In this article, we delve into the primary objectives of internal controls, highlighting their…