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Accounting-establishing internal controls

Accounting-establishing internal controls

Who is responsible for establishing internal controls in the organization? What are some examples of effective internal controls? Looking for an answer in about 125-150 words please

 

 

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Senior- level executives are usually the one responsible for establishing, implementing as well as maintaining internal controls within the organization. They ensure that the integrity in regards to accounting and financial reporting within the organization comply with policies together with other safeguards. Auditors normally play a vital role in internal control system by performing evaluations and make any recommendation for…

APA

168 words