Internal controls are important for organizations of all sizes, not just large corporations. While the complexity and scale of controls may vary depending on the size of the company, the fundamental principles of internal controls apply universally. Every organization, regardless of its size, needs to establish and maintain effective internal controls to safeguard its assets, ensure accurate financial reporting, and comply with laws and regulations. Implementing internal controls helps businesses mitigate risks, improve operational efficiency, and foster trust among stakeholders.