internal control
Internal control refers to the system, policies, and procedures established within an organization to safeguard assets, prevent fraud, maintain accurate financial records, and ensure compliance with laws and regulations.
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Related Concepts (1)
Similar Concepts
- accountability and control
- auditing and external control mechanisms
- auditing and internal controls
- automatic control
- control issues
- information control
- internal control systems
- internal controls
- internal validity
- inventory control
- quality control
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