A-123 Management's Responsibility for Internal Control

A-123 Management’s Responsibility for Internal Control refers to how a company's leadership ensures effective processes are in place to achieve goals, comply with laws, and safeguard assets. It involves establishing policies, procedures, and monitoring systems to identify and manage risks. Management must create a strong control environment, promote ethical behavior, and regularly assess and improve controls to prevent errors, fraud, and inefficiencies. Ultimately, it’s about leadership taking ownership to maintain reliable, compliant, and efficient operations that support the company’s success and accountability.