internal control :

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internal control


  • n  an accounting procedure or system designed to promote efficiency or assure the implementation of a policy or safeguard assets or avoid fraud and error etc.
News & Articles

  • COSO Explains Transition to New Internal Control Framework
    The Committee of Sponsoring Organizations of the Treadway Commission, which provides guidance on internal control, enterprise risk management, and fraud deterrence, has issued a new article to help public companies make the transition to COSO's recently updated internal control framework.
    June 7, 2013 - Accounting Today

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