The 5 components of internal control
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The Committee of Sponsoring Organizations has identified five components of internal control, namely: (1) the control environment, (2) the organization's risk assessment process, (3) the control activities, (4) information and communication, and (5) the organization's monitoring activities.—
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Edspira is the creation of Michael McLaughlin, an award-winning professor who went from homelessness as a teenager to earning a PhD. Edspira's mission is to make high-quality business education available to the world for free.
—
SUBSCRIBE TO A FREE 53-PAGE GUIDE TO FINANCIAL REPORTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO US TAXATION
• A 75-PAGE GUIDE TO ANALYSIS OF FINANCIAL STATEMENTS
• MANY MORE FREE PDF GUIDES AND CHARTS
* http://eepurl.com/dIaa5z
—
SUPPORT EDSPIRA ON PATREON
*https://www.patreon.com/prof_mclaughlin
—
Get certified in the areas of balance sheet analysis, IFRS 16 and asset-liability management
* https://edspira.thinkific.com
—
LISTEN TO SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725
* Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc
* Website: https://www.edspira.com/podcast-2/
—
GET TAX TIPS ON TIKTOK
* https://www.tiktok.com/@prof_mclaughlin
—
ACCESS TO THE VIDEO INDEX
* https://www.edspira.com/index
—
CONNECT WITH EDSPIRA
* Facebook: https://www.facebook.com/Edspira
* Instagram: https://www.instagram.com/edspiradotcom
* LinkedIn: https://www.linkedin.com/company/edspira
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CONNECT WITH MICHAEL
* Twitter: https://www.twitter.com/Prof_McLaughlin
* LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin
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ABOUT EDSPIRA AND ITS CREATOR
* https://www.edspira.com/about/
* https://michaelmclaughlin.com
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