Internal Controls

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Dictionary Says

Definition of 'Internal Controls'

Methods put in place by a company to ensure the integrity of financial and accounting information, meet operational and profitability targets and transmit management policies throughout the organization.
Investopedia Says

Investopedia explains 'Internal Controls'

Internal controls work best when they are applied to multiple divisions and deal with the interactions between the various business departments. No two systems of internal controls are identical, but many core philosophies regarding financial integrity and accounting practices have become standard management practices.
Search results for

'Internal Controls'

  • Examining A Career As An Auditor

    http://www.investopedia.com/articles/financial-careers/08/career-auditor-auditing.asp
    ... below these thresholds). Internal auditors are employees dedicated to
    assessing the company's internal controls. They can serve ...

  • Introduction To Accounting Information Systems

    http://www.investopedia.com/articles/professionaleducation/11/accounting-information-systems.asp
    ... systems generally consist of six main parts: people, procedures and instructions,
    data, software, information technology infrastructure and internal controls. ...

  • How The Sarbanes-Oxley Era Affected IPOs

    http://www.investopedia.com/articles/financial-theory/09/how-sox-affected-ipos.asp
    ... Management, under the watchful eye of external auditors, now must ensure adequate
    internal controls are in place and that accurate financial numbers are spit ...

  • What are the GAAP standards for digital document storage?

    http://www.investopedia.com/ask/answers/09/gaap-standards-digital-document-storage.asp
    ... When documents are stored digitally, it is required that proper internal
    controls be exercised. Some required internal controls ...

  • On The Record: Communications With The Public

    http://www.investopedia.com/articles/financialcareers/07/rule_2211.asp
    ... Sales Literature NASD Rule 2211 states that most of the standards and guidelines
    require a significant level of internal controls to ensure compliance. ...

  • Why Public Companies Go Private

    http://www.investopedia.com/articles/stocks/08/public-companies-privatize-go-private.asp
    ... of the Enron and Worldcom corporate failures in 2001-2002, SOX requires all levels
    of publicly traded companies to implement and execute internal controls. ...

  • CFA Level 1 Study Guide - Financial Statements - The Auditor and ...

    http://www.investopedia.com/exam-guide/cfa-level-1/financial-statements/auditor-audit-opinion.asp
    ... 2.6 Net Present Value and the Internal Rate of Return; 2.7 Money Vs. ... 11.10 Payback
    Period; 11.11 Net Present Value (NPV) and the Internal Rate of Return (IRR); ...

  • Accounting Basics: The Basics | Investopedia

    http://www.investopedia.com/university/accounting/accounting3.asp
    ... They establish the internal controls to protect resources, apply the principles
    of standards-setting organizations to the accounting records and prepare the ...

  • A Look At Entry-Level Careers In Finance

    http://www.investopedia.com/articles/financialcareers/11/beginner-careers-in-finance.asp
    ... Read Trading Systems Coding: The Coding Process, and Style Matters In Financial
    Modeling.) Internal Controls When Wall Street draws the ire of Main Street ...

  • Series 63 Study Guide - Business Practices - Anti-Money Laundering ...

    http://www.investopedia.com/exam-guide/series-63/business-practices/anti-money-laundering.asp
    ... transactions. Establish and implement policy procedures, and internal controls
    that comply with the Bank Secrecy Act. Provide for ...

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