Since 2014
Efficacy of internal control and controlling business risks
Annals of Spiru Haret University. Economic Series
View Archive Info| Field | Value | |
| Title |
Efficacy of internal control and controlling business risks
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| Creator |
IONESCU, Luminiţa
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| Subject |
internal control, business risks, control framework, efficacy of internal control
H83, M41, M42 |
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| Description |
Companies can gain additional efficiency in designing and implementing or assessing internal control by focusing on only those financial reporting objectives directly applicable to the company’s activities and circumstances, taking a risk based approach to internal control. It is important for any organization to have reliable financial data for internal decision-making purpose. Financial information is often useful in many internal decisions such as product or service pricing. This is why the most important function of the controller is to create and maintain the corporate financial control system. Today’s corporation operates in an increasingly complex environment and the controller’s role is to advice the management of current or future problems of the business environment or to prevent the fraud.
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| Publisher |
Editura Fundatiei Romania de Maine
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| Contributor |
—
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| Date |
2010-06-30
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://anale.spiruharet.ro/index.php/economics/article/view/1023
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| Source |
Annals of Spiru Haret University. Economic Series; Vol 10, No 2 (2010); 29-37
2393-1795 |
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| Language |
eng
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| Relation |
http://anale.spiruharet.ro/index.php/economics/article/view/1023/pdf
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| Coverage |
—
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| Rights |
Copyright (c) 2010 author
http://creativecommons.org/licenses/by-nc-sa/4.0 |
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