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Internal control, as defined in accounting and auditing, is a process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization. -- Wikipedia

How Important is Internal Control Process for an Organization?

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Risk Management Internal Audit - Sm Gupta

Risk Management Internal Audit Risk Assessment Management Internal Control Self-Assessment Continuous Auditing / Continuous Monitoring Corporate
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Audit services - Internal audit, External audit, tax audit, etc.

Ensure accuracy and reliability with external audits also improve internal controls and operations with internal audit for organizational effectiveness.
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