Page 93 - Microsoft Word - 00 P1 IW Prelims.docx

Chapter 8

Internal control systems

Outcome

By the end of this session you should be able to:

 define and explain internal management control

 explain and explore the importance of internal control and risk management in
corporate governance

 describe the objectives of internal control systems

 identify, explain and evaluate the corporate governance and executive
management roles in risk management

 identify and assess the importance of the elements or components of internal
control systems

 explore and evaluate the effectiveness of internal control systems

 explain and assess the need for adequate information flows to management for
the purposes of the management of internal control and risk

 evaluate the qualities and characteristics of information required in internal
control and risk management and monitoring.

and answer questions relating to these areas.

The underpinning detail for this Chapter in your Integrated Workbook can
be found in Chapter 8 of your Study Text

87