Internal Control and Control Risk(英文版)(ppt 58頁)

Internal Control and Control Risk(英文版)內容提要：
COSO Report：
COSO Report- related to Treadway commission created to look at problems in fraudulent financial reporting.
Internal control designed to provide reasonable assurance of meeting these objectives:
reliability of financial reporting
compliance with laws and regulations
effectiveness and efficiency of operations
Internal Control：
An on-going process ran by people that can only provide reasonable assurance of obtaining objectives.
Breakdowns occur in internal controls as a result of:
human error
deliberate circumvention
management override
collusion

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