Internal control: Test your knowledge
RIS ID
36166
Abstract
The article presents a quiz aimed at helping companies improve their understanding of internal controls. Question topics include controls for faith-based organizations, the aim of internal control, enterprise risk management, controls for preventing duplicate payments, whether external auditors need to be familiar with a client's internal controls, risks associated with financial reporting, the definition of control activities, and the monitoring component of the Committee of Sponsoring Organizations of the Treadway Commission.
Link to publisher version (URL)
COinS
Publication Details
Schaefer, J. & Peluchette, J. V. (2010). Internal control: Test your knowledge. Journal of Accountancy, 209 (3), 46-49.