Day 3. Accounting And Reporting Systems, Controls And Compliance
C6. Internal controls, authorisation, security and compliance within business
a) Explain internal control and internal check
b) Explain the importance of internal financial controls in an organisation
c) Describe the responsibilities of management for internal financial control
d) Describe the features of effective internal financial control procedures in an organisation, including authorisation
e) Identify and describe the types of information technology and information systems used by the business organisation for internal control.
f) Identify and describe features for protecting the security of IT systems and software within business.
g) Describe general and application systems controls in business