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The importance of an EFFECTIVE INTERNAL CONTROL SYSTEM is critical to both accurate financial reporting and the audit. Discuss what you believe are the most
The importance of an EFFECTIVE INTERNAL CONTROL SYSTEM is critical to both accurate financial reporting and the audit. Discuss what you believe are the most important components of an effective internal control system and how an effective internal control system can be compromised by a management team intent on overriding the controls. Provide specific examples in support of your analysis.
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