Guidelines for Internal Control Standards for the Public Sector

0,63

MB

81

stron

6150

ID

Belgian Court of Audit

2004

rok

Contents

Preface 1

Introduction . 3

1 Internal Control 6

1.1 Definition . 6

1.2 Limitations on Internal Control Effectiveness 12

2 Components of Internal Control . 13

2.1 Control Environment . 17

2.2 Risk Assessment . 22

2.3 Control Activities . 28

2.4 Information and Communication . 36

2.5 Monitoring 40

3 Roles and Responsibilities 43

Annex 1 Examples . 49

Annex 2 Glossary . 57