Page 11 - PowerPoint Presentation

GENERAL PRINCILES OF AUDITING

Components of Internal Control (Continued…)

Monitoring of controls

• Assessment of controls implemented over time

• Are objectives being met?

• Assessment should be performed at all level (directors,

management and departmental heads)

• NB: Independent Assessment from Internal Audit,

External Audit, Customers etc.

• Remedial action and continuous improvement is very

key

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