EFFECTIVE INTERNAL CONTROL Definition

Bookmark and Share

EFFECTIVE INTERNAL CONTROL is reasonable assurance that operational objectives are achieved, that published financial statements are reliably prepared, and that the entity complies with applicable laws and regulations.

Learn new Accounting Terms

EFO see EARNINGS FROM OPERATIONS.

CASH FLOW PROJECTION is a forecast of the cash (checks or money orders) a business anticipates receiving and disbursing during the course of a given span of time - frequently a month. It is useful in anticipating the cash portion of your business at specific times during the period projected.

Suggest a Term

Enter Search Term

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