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The Pros & Cons on Requiring Reports on Internal Control

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Creating reports on the effectiveness of your company‚Äôs internal controls is a way to promote accountability among employees and managers and encourage ethical behavior within the organization. Like all other business activities, the reviewing of and reporting on internal controls uses up valuable resources, and the benefit derived from this activity should outweigh its cost. Despite its many positive and negative aspects, reporting on internal controls can provide valuable information… Read More »The Pros & Cons on Requiring Reports on Internal Control