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Who is responsible for the internal control ?

who is responsible for the internal control in the firms?

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Question added by Abdu Elshahir CMA Dipifr , financial manager , Alrasail For communication
Date Posted: 2018/05/22
Marwa Abed
by Marwa Abed , Investment Analyst , Caisse de Dépôt et Consignation

All workers in the company (managers and employees. The managers are responsible for defining, promoting and monitoring the system and the activity of the company. Employees must have the knowledge and information necessary to establish, operate and monitor the internal control system in relation to the objectives assigned to them.

Kirankumar Patil
by Kirankumar Patil , Sr Engineer , The Indian Hume Pipe Co Ltd

Internal control is total responsibility of floor manager or middle level management.

 

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