Internal controls and risk assessment
Do your internal control systems (financial and other) help you run your business more efficiently?
Are your internal controls sufficient to prevent and detect fraud, as far as is reasonable, and safeguard the assets of the business?
Do they cover such areas as health and safety, data protection and IT?
Do you have a formal system of assessing the risks facing your business and concluding how they can be managed or reduced?
Do your internal control systems (financial and other) help you run your business more efficiently?
Are your internal controls sufficient to prevent and detect fraud, as far as is reasonable, and safeguard the assets of the business?
Do they cover such areas as health and safety, data protection and IT?
Do you have a formal system of assessing the risks facing your business and concluding how they can be managed or reduced?