INTERNAL CONTROL


It is the new old field that no entity can live and achieve its dreams (goals) without it. Unfortunately, too many business decision makers, educators and even practicing professionals in related fields do not appreciate its importance and even do not seek to understand why most of the catastrophes they face in conducting their duties is directly or indirectly has a relationship with the status of their company’s internal control systems. Transparency, corporate governance, risk management, to name a few of these illuminating and currently used concepts rely to a great extent of the design and the operating effectiveness of the internal controls.

Is not it the time to shake up the dust and start an immediate act that let us be proud about our starting point to look seriously into this issue!