
Ethical Obligations and Decision-Making in Accounting 2nd Edition by Steven Mintz, Roselyn Morris
Edition 2ISBN: 0078025281
Ethical Obligations and Decision-Making in Accounting 2nd Edition by Steven Mintz, Roselyn Morris
Edition 2ISBN: 0078025281Step 1 of 2
Audit:
The audit is the process of checking the financial statements of a company `to ensure that it is 100% authentic and free from any kind of bias or fraud.
Internal control:
Internal control is the process designed by the management to achieve the following objectivities:
• Effectiveness of the operations and rescue the risk of assets loss.
• Reliability of financing and non-financing external and internal reporting.
• Follow the applicable rules, regulations, and laws.
Corporate governance:
It is a set of rules, laws, and regulations under which business organizations operate. It helps the organization to work smoothly. It ensures transparency between management and shareholders.
Step 2 of 2
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