Simply defined, internal controls are mechanisms, rules or procedures designed to promote the proper functioning of accounting processes in a business.

When a new book was recently published about internal controls, I wondered about its benefits or use.

Policies designed to control a demonstrable level of control in accounting systems can be defined narrowly.

Internal controls play an integral role in a company’s success, but many young accounting and finance professionals enter their careers without a clear understanding of their importance. I ...

Regulatory actions and programs Globalization efforts to improve internal controls June 19, 2005, 11:00 p.m. EDT 15 Min Read ...

Internal controls are a major part of any modern-day entity, but many of us don’t know if we have a control in place or only a process.

5 missteps to avoid when evaluating internal controls Understanding a client’s internal control gives auditors insight into the testing needed to assess management’s assertions.

White & Case attorneys discuss the changing scope of the internal accounting controls provision under Section 13(b)(2)(B) of the Exchange Act. They analyze recent developments and highlight ...

The USS North Carolina Battleship Commission says it is working to strengthen internal controls over financial reporting to ...

Internal accounting controls govern your financial system. "Management is responsible for developing and maintaining effective internal control," reports the U.S. Whitehouse Office of Management ...