What are the five interrelated components of internal control? Briefly discuss them. The five interrelated components of

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What are the five interrelated components of internal control? Briefly discuss them.

The five interrelated components of internal control are:

1. Control environment,

2. Risk assessment,

3. Control activities/Control procedures,

4. Information and communication

5. Monitoring.

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Principles of Auditing An Introduction to International Standards on Auditing

ISBN: 978-0273768173

3rd edition

Authors: Rick Hayes, Philip Wallage, Hans Gortemaker

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Question Posted: May 23, 2018 04:32 AM

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What are the five interrelated components of internal control? Briefly discuss them. The five interrelated components of

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Principles of Auditing An Introduction to International Standards on Auditing

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