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ID number:426698
 
Evaluation:
Published: 01.12.1996.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Internal control programs are important because they help managers and accountants organize and operate their businesses more effectively. Companies who fail to implement a control program often find themselves with a disorganized mess on their hands; often leading to financial troubles. For a control program to be developed effectively, administrators must design the plan of the organization which includes all of the methods and procedures preformed. This gives accounting controllers a better understanding of how the organization functions, so that they are able develop a plan of tra…

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