Internal Control Procedures

This video discusses how to develop an internal control system by using the basic principles of internal control. We talk about the internal control objectives used in developing the appropriate system, particularly as they relate to accounting.

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🕰️Timestamps:
0:00 Introduction
0:28 Control Environment
1:12 Risk Assessment
2:48 Control Activities
6:08 Information and Communication
7:03 Monitoring

💡✔️Helpful Resources

Want to learn more about internal controls? Check out these videos:    • Introduction to Internal Control | Ac...   and    • Internal Controls Explained  

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