Скачать или смотреть Four Actions Control Model: Finance DPro (FMD Pro)

Internal control systems make sure that an organization’s financial resources are protected. They protect these assets from misuse and manage internal risks. Internal controls ensure that an organization’s resources are used for the purposes intended and are utilized effectively and efficiently.

An effective internal control system also protects staff involved in financial tasks. If an organization and a project have strong internal controls, it helps remove any suspicion of misuse, and temptation or opportunity to misuse resources.

FMD Pro recommends the four-actions internal control model. This guides a team as it establishes a system of internal control, including policies, procedures, and practices that control fraud, theft and errors before, during and after they occur.

The four components of the model – direct, prevent, detect and correct – provide a framework for designing internal controls to minimize the risk of errors, omissions, fraud and theft

Direct actions – set clear guidance and expectations for good financial practice in advance of project activities being implemented.
Prevent actions – establish systems and processes that will reduce the opportunity for theft and minimize the risk of losses due to errors or incompetence during project implementation.
Detect actions – implement processes and procedures to identify where things have gone wrong after an activity or process has taken place
Correct actions – update and improve internal control systems as the team learns from experience, correcting errors and providing continuous improvement to reduce risks.

Download the Finance DPro (FMD Pro) guide for free and read more: https://pm4ngos.org/methodologies-gui...

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