Scribd
Upload
9 views1 page

Internal Control System

The document outlines a mind map of an Internal Control System, highlighting key components such as Integrity and Ethical Values, Commitment to Competence, and the role of the Board of Directors. It emphasizes the importance of Risk Assessment, Control Activities, and ongoing monitoring to ensure effective internal controls. Additionally, it covers aspects like organizational structure, reporting, and human resource policies.

Uploaded by

Prince Jitendra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
9 views1 page

Internal Control System

The document outlines a mind map of an Internal Control System, highlighting key components such as Integrity and Ethical Values, Commitment to Competence, and the role of the Board of Directors. It emphasizes the importance of Risk Assessment, Control Activities, and ongoing monitoring to ensure effective internal controls. Additionally, it covers aspects like organizational structure, reporting, and human resource policies.

Uploaded by

Prince Jitendra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

Internal Control System Mind Map

Integrity and Ethical Values

Commitment to Competence

Board of Directors and Audi…

Management's Philosophy … Control Environment

Internal Control System

Organizational Structure Internal Reporting

Information and …

Assignment of Authority an… External Reporting

Human Resource Policies an… Ongoing Monitoring

Monitoring Activities

Identification of Risks Separate Evaluations

Risk Assessment

Analysis of Risks

Policies and Procedures

Security Measures Control Activities

Documentation

1/1

You might also like