ฉันรักแปลภาษาChapter 11
Introduction to Internal Control
Systems
INTRODUCTION
INTERNAL CONTROL SYSTEMS
Definition of Internal Control
1992 COSO Report—Components of Internal Control
2004 COSO Report—Enterprise Risk Management
2007 COBIT, Version 4.1
TYPES OF CONTROLS
Preventive Controls
Detective and Corrective Controls
Interrelationship of Preventive and Detective Controls
CONTROL ACTIVITIES
Good Audit Trail
Sound Personnel Policies and Practices
Separation of Duties
Physical Protection of Assets
Internal Reviews of Controls
EVALUATING CONTROLS Requirements of Sarbanes-Oxley Act Illustrations of Cost-Benefit Analyses A Risk Matrix
AIS AT WORK—USING THE COMPANY CREDIT CARD AS A NEST EGG?
SUMMARY
KEY TERMS YOU SHOULD KNOW TEST YOURSELF
DISCUSSION QUESTIONS PROBLEMS
CASE ANALYSES
Gayton Menswear
Cuts-n-Curves Athletic Club
Emerson Department Store
REFERENCES AND RECOMMENDED READINGS
ANSWERS TO TEST YOURSELF
After reading this chapter, you will:
1. Be familiar with the primary control frame- works commonly used in organizations.
2. Be familiar with an internal control system and the components of this system.
3. Understand the importance of enterprise-wide risk assessment and the impact this has on inter- nal controls.
4. Be familiar with the importance of COSO and
COBIT with respect to internal control systems.
5. Understand the difference between preventive, detective, and corrective controls.
6. Be aware of some of the control activities that should be included in an organization’s internal control system.
7. Understand the reason an organization might be willing to let customers shoplift some of its merchandise inventory.