1.control, security, audit

1.control, security, audit

1. INTERNAL CONTROL SYSTEMS

   • CONSISTS OF POLICIES/PROCESSES/TASKS/BEHAVIOURS
     • TURNBULL REPORT SAID - THESE PROVIDE REASONABLE ASSURANCE BUT NOT A CAST IRON GUARANTEE AS LOTS OF OTHER THINGS CAN GET IN THE WAY

2. LINKED TO ORGANISATIONAL OBJECTIVES & MAIN ORGANISATIONAL RISKS

3. INTERNAL CONTROL ENVIRONMENT AND PROCEDURES

   • THIS IS THE ATTITUDE & AWARENESS OF DIRECTORS & MANAGERS TOWARDS CONTROL. IF THEY ARE UNTIDY THIS WILL FILTER DOWN THE ORGANISATION. THEY MAY NOT SEE THE VALUE OR POINT OF CONTROLS. THIS IS BAD NEWS AS IT ENCOURAGES FRAUD
     • CLEAR STRATEGIES, AUTHORITY AND RESPONSIBILITY
     • ADD CLEAR CONTROL PROCEDURES FOR BEST RESULTS
   • TYPES OF FINANCIAL CONTROL PROCEDURE
     • SPAMSOAP
       • SEGREGATION OF DUTIES
         • PHYSICAL- AUTHORISED PERSONEL
         • AUTHORISATION & APPROVAL LIMITS
           • MANAGEMENT CTRL -VARIANCE ANALYSIS INTERNAL AUDIT
             • SUPERVISION
               • ORGANISATION & RESPONSIBILITY CLEAR
                 • ACCOUNTING ACCURATE . RECONCILLIATIONS TRIAL BALANCES
                   • PERSONNEL - RIGHT PERSON FOR THE JOB
     • INTERNAL CHECKS- IMPORTANT.- DIVIDE WORK FOR EASY CHECKING, REDUCES FRAUD, SEGREGATE TASKS FOR EASY TRACKING & CULPABILITY, PRESERVES CURRENT RECORDS
       • GOOD INTERNAL CONTROL SYSTEM

4. INTERNAL AUDIT & CONTROL

   • PART OF THE INTERNAL CONTROL SYSTEM
   • OBJECTIVES

5. EXTERNAL AUDIT

6. BUILDING CONTROLS IN TO AN INFORMATION SYSTEM

7. IT SYSTEMS SECURITY & SAFETY

Imagens e arquivos do mapa