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Topic: Miscellaneous
Number of pages / Number of words: 2 / 415
Essay's paper body

The five elements are control environment, risk assessment, control activities, information and communication, and monitoring.

Control environment is the organization??s first line of defense to reduce the risks of financial reporting errors and it consists of the following principles: Integrity and ethical values, importance of board of director, management??s philosophy and operating style, organizational structure, commitment to financial reporting competencies, authority and responsibility and human resources...


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The five elements are control environment, risk assessment, control activities, information and communication, and monitoring.

Control environment is the organization??s first line of defense to reduce the risks of financial reporting errors and it consists of the following principles: Integrity and ethical values, importance of board of director, management??s philosophy and operating style, organizational structure, commitment to financial reporting competencies, authority and responsibility and human resources...


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General points of the essay

Assessment of Flamholtz and Management Control Systems Environmental Scanning is the monitoring, evaluating, and disseminating of information from the external and internal environments to key people within the corporation. INFORMATION CONTROL Management systems: Behavior control and Output control Managment Accounting, Financial Control, Management Control, Strategic Management Accounting (Sma) Risk Control 1984: The Control Of Reality For Control Of The Masses Effects of Economic Activities on the Environment Gun Control Is Not Crime Control Monitoring and Assessment in Early Years Risk Assessment Core Elements of Health Education and Risk Reduction Activities Common Sense Control, Not Gun Control Gun control or people control Should the government control access to information on the internet?"

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