Where Internal Controls are concerned, 1 +1 > 2.
Where Internal Controls are concerned, 1 +1 > 2.
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Category: Control Self Assessment
5 consideration for organisations implementing whistle blowing
Tips for organisation want to implementing a whistle blower system
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How to create Internal Control Framework for your company
Companies are required to create internal control framework to ensure that things are working. Company while creating internal control framework want to have number of control as less as possible to ensure that they don’t get red flagged in reviews. Auditors are required to certify that internal controls are working. Auditors while reviewing controls want to have […]
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Internal Controls for eCommerce Companies
Note: This is an extract from another article to focus on eCommerce Companies. Indian companies act 2013 has mandated that CEO and CFO to certify that “internal financial Controls are adequate and operating effectively”. This is also required to be confirmed by external auditors. In my opinion this is what companies / auditors should do: […]
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Internal Controls: Companies Act 2013 and Control Catalogues
Background: I got the opportunity to attend a meeting organised by ISACA and ICAI. The meeting was for launching “Guidance note on Corporate Governance, ERM and Assurance for COBIT 5”. Indian companies act 2013 has mandated that CEO and CFO to certify that “internal financial Controls are adequate and operating effectively”. This is also required to be confirmed […]
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