Internal Control Crap Backwards (Chapter 1)

Question 1

Commitment to ethical values and integrity

Answer 1

Control Environment (EBOCA)

Question 2

Board independence and oversight

Answer 2

Control Environment (EBOCA)

Question 3

Organizational structure

Answer 3

Control Environment (EBOCA)

Question 4

Commitment to competence

Answer 4

Control Environment (EBOCA)

Question 5

Accountability

Answer 5

Control Environment (EBOCA)

Question 6

Specify objectives

Answer 6

Risk Assessment

Question 7

Identify and analyze risks

Answer 7

Risk Assessment

Question 8

Consider the potential for fraud

Answer 8

Risk Assessment

Question 9

Identify and assess changes

Answer 9

Risk Assessment

Question 10

Obtain and use information

Answer 10

Information and Communication

Question 11

Internally communicate information

Answer 11

Information and Communication

Question 12

Communicate with external parties

Answer 12

Information and Communication

Question 13

Ongoing and/or separate evaluations

Answer 13

Monitoring

Question 14

Communication of deficiencies

Answer 14

Monitoring

Question 15

Select and develop control activities

Answer 15

Existing Control Activities

Question 16

Select and develop Technology controls

Answer 16

Existing Control Activities

Question 17

Deploy through policies and procedures

Answer 17

Existing Control Activities