CONTROL POLICIES AND PROCEDURES Definition

Bookmark and Share

CONTROL POLICIES AND PROCEDURES are the policies and procedures that help ensure management directives are carried out. Those pertinent to an audit include performance reviews, information processing, physical controls and segregation of duties.

Learn new Accounting Terms

EXPLANATORY, in accounting, is a paragraph added to an audit report to explain something, such as the reason for a qualified or adverse opinion.

BOOK OF ACCOUNTS see LEDGER.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.