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What according to you constitutes a right approach towards the ICFR program? What are the activities that should be part of the risk assessment of

  1. What according to you constitutes a right approach towards the ICFR program? What are the activities that should be part of the risk assessment of any company?

  2. What are the attributes that you would consider in conducting risk assessment while designing ICFR for your company?

  3. What is the biggest root cause for deficiencies in audits of ICFR? Why do you think so?

  4. Based on the articles, why do you think the auditors need to strengthen audits of internal control?

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