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The internal control system of an organization is an important factor in audit risk assessment and resultantly audit planning. Strong internal control system significantly contributes
The internal control system of an organization is an important factor in audit risk assessment and resultantly audit planning. Strong internal control system significantly contributes in reducing the audit risk. Internal control system varies in size and design according to the nature of business, size and type of organization. For a geographically diverse but centrally administered business entity what kind of internal control system you suggest?
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