How to Conduct an Internal Control Process Walkthrough. As part of a financial statement audit, auditors are required to obtain an understanding of a company's internal control system.

CPAs can assess the effectiveness of their organization’s information technology controls by using Principle 11 of the newly updated internal control framework of the Committee of Sponsoring ...

A control can and often is more than one of these categories. Internal controls are often part of the process, especially manual controls. However, your procedures (or process) are not always a ...

The RMIC program is far-reaching, covering multiple domains to mitigate organizational risks. Brown advised, “you have to make sure your internal controls are aligned with what is actually ...