會(huì)計(jì)專業(yè)外文翻譯---內(nèi)部控制透視：理論與概念-會(huì)計(jì)審計(jì)(編輯修改稿)
2025-02-24 07:11 本頁(yè)面
【文章內(nèi)容簡(jiǎn)介】 rol refers to the actions taken to achieve a specific objective (., how to ensure the anization39。s payments to third parties are for valid services rendered.) Internal control procedures reduce process variation, leading to more predictable outes. Internal controls within business entities are called also business controls. They are tools used by manager39。s everyday. discourage theft, and reviewing your monthly statement of account to verify transactions are mon internal controls employed to achieve specific objectives. All managers use internal controls to help assure that their units operate according to plan, and the methods they usepolicies, procedures, anizational design, and physical barriersconstitute. Internal control is a bination of the following： 1. Financial controls, and 2. Other controls According to the institute of chartered accountants of India internal control is the plan of anization and all the methods and procedures adopted by the management of an entity to assist in achieving management objective of ensuring as far as possible the orderly and efficient conduct of its business including adherence to management policies, the safe guarding of assets prevention and detection of frauds and error the accuracy and pleteness of the accounting records and timely preparation of reliable financial information, the system of internal control extends beyond those matters which relate to the function of accounting system. In other words internal control system of controls lay down by the management for the smooth running of the business for the acplishment of its objects. These controls can be divided in two parts . financial control and other controls. Financial controls: Controls for recording accounting transactions properly. Controls for proper safe guarding pany assets like cash stock bank debtor etc 7 Early detection and prevention of errors and frauds. Properly and timely preparation of financial records I e balance sheet and profit and loss account. To maximize profit and minimize cost. Other controls: Other controls include the following: Quality controls. Control over raw materials. Control over finished products. Marketing control, etc 6. Parties responsible for and affected by internal control While all of an anization39。s people are an integral part of internal control, certain parties merit special mention. These include management, the board of directors (including the audit mit tee), internal auditors, and external auditors. The primary responsibility for the development and maintenance of internal control rests with an anization39。s management. With increased significance placed on the control environment, the focus of internal control has changed from policies and procedures to an overriding philosophy and operating style within the anization. Emphasis on these intangible aspects highlights the importance of top management39。s involvement in the internal control system. If internal control is not a priority for management, then it will not be one for people within the anization either. As an indication of management39。s responsibility, top management at a publicly owned anization will include in the anization39。s annual financial report to the shareholders a statement indicating that management has established a system of inte
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