If specific page numbers are unavailable for some other reason, please leave those items blank. After the department head and internal control officer have read and approved these statements, enter their names and official titles in the spaces. This is the first time we have used this method to collect internal control information. Thank you in advance for your time and cooperation in promptly completing this questionnaire. Internal controls are the structure, policies, and procedures put in place to provide reasonable assurance that management meets its objectives and fulfills its responsibilities.
Internal control begins with written goals and objectives.
Internal controls must make sense within each organization's unique operating environment. Internal controls are not stand-alone practices. They are woven into day to day responsibilities of managers. Internal structures and controls should be cost effective. The internal control process has five components, control environment, risk assessment, control activities, information and communication, and monitoring.