Documented organizational charts and employee manuals form the basis for internal controls but they have to contain the actual control measures. Documentation procedures detail such measures.

Internal Control System & the Detection & Prevention of Fraud in an Organization. Internal controls are defined broadly as the measures an organization takes to protect life and property.

Recently, the Internal Revenue Service has focused enforcement activity on examining the implementation of a strong internal control system. The IRS has publicly stated that if a plan is selected for ...

KB Financial Group and Shinhan Financial Group submitted their accountability charts to the Financial Supervisory Service, in an industry-wide effort to strengthen internal control, market ...