Transcription of Internal Control - fgcu.edu
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Internal Control - fgcu.edu
Internal ControlInternal ControlAn OverviewAugust 2007 Internal Control - An Overview1 Internal Control ?August 2007 Internal Control - An Overview2 Management s Role Management s role is to provide leadership that the organization needs to achieve its goal and objectives. Internal Control is a technique used by managers to help an organization achieve these 2007 Internal Control - An Overview3help an organization achieve these Basic Functions of Management Internal Control is this 2007 Internal Control - An Overview4 Internal Control is this 4thfunction. Adequate Internal controls allow managers to delegate responsibilities with reasonable assurance that what they expect to happen, actually does.
Management’s Role ♦ Management’s role is to provide leadership that the organization needs to achieve its goal and objectives. ♦ Internal control is a technique used by managers to help an organization achieve these objectives. August 2007 Internal Control - An Overview 3
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