• Fraud prevention
• Other professional assurance (e.g. compliance)
• Internal Control and Corporate Governance/King III

Internal control is a broad concept that involves internal controls that controls risks to an organisation. The process assures an organisations accurate financial reporting, effectiveness and efficiency in operations and statutory compliance’s.

It is a means by which an organisations resources are monitored, measured and directed playing an important role in preventing fraud and protecting the organisations resources.

Internal Control
Risk Management