Page 249 - F1 - AB Integrated Workbook STUDENT 2018-19
P. 249

Audit and financial control




               3.2 Alternative analysis of internal controls



                                                 Preventative
                                                 controls

                                                 – prevent errors
                                                    or frauds
                                                    occurring





                                                    TYPES OF
                                                    CONTROL
                                                                          Corrective controls
                        Detective controls                                – address any
                        –  detect if any
                           problems have                                    problems that
                           occurred                                         have occurred















































                                                                                                      243
   244   245   246   247   248   249   250   251   252   253   254