Quality assurance and product perfection is what every organization is aiming to achieve to attract and maintain customers for long in the business industry. To achieve these objectives proper planning and concentration by top management should be established to enhance effectiveness and efficiency of every individual. The success of any business is because of combined efforts among different departments and the commitment of every employee in the organization.
Essays on Internal Control
Essay on Internal Control
Internal controls are processes and procedures put in place by any organization to ensure that its objectives are met. It consists of all the measures undertaken by the business in protecting its resources against waste; enhancing efficiency, reliability and accuracy in financial reports; compliance with the laid down regulations; and evaluation of performance at all levels.