
Internal Control - Integrated Framework
The Internal Control - Integrated Framework is a set of guidelines designed to help organizations ensure their operations are effective, reliable, and compliant with laws. It emphasizes five components: control environment, risk assessment, control activities, information and communication, and monitoring. Together, these components create a systematic approach to safeguarding assets, preventing fraud, and achieving strategic goals. Essentially, it helps organizations establish processes that support integrity, accountability, and accurate reporting, creating a strong foundation for trustworthy and efficient management.