Page 159 - SBL Integrated Workbook STUDENT 2018
P. 159
Management internal control systems and reporting
Roles and responsibilities
2.1 Roles in risk management and internal control
Role Responsibility
Ensuring adequacy
and effectiveness of Board of
internal control Directors
systems
– Setting internal control Senior
policies executive
– Monitoring effectiveness of
internal control systems management
Establishing specific
internal control Heads of
policies and business units
procedures
Operating and
adhering to internal All employees
controls
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