Describe the internal control procedures, Financial Management

Board should encourage a strong control culture. Manager's bonus must not only be linked to company profits but also linked to internal control procedures being adhered to. There must be a specific manager who is accountable and responsible for internal control procedures for every division and who understands the details of that division.

ICQ   = Internal Control Questionnaire

ICEQ = Internal Control Evaluation Questionnaire

 

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Posted Date: 9/3/2013 2:22:07 AM | Location : United States







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