INTERNAL CONTROLS Definition

Bookmark and Share

INTERNAL CONTROLS include policies and procedures that (a) pertain to the maintenance of accurate and reasonably detailed records, (b) provide reasonable assurance that transactions are properly recorded and authorized, and (c) safeguard assets.

Learn new Accounting Terms

P&L see PROFIT AND LOSS STATEMENT.

RPU is Revenue Per User (telecommunications), Revenue Per Unit, or Revenue Protection Unit.

Suggest a Term

Enter Search Term

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