Abstract
Chapter 1 explained that auditing is a core function for any company, no matter the business it is in. Chapter 2 made the point that internal control, too, is core to any enterprise. It was also stated that fraud has been one of the first reasons why a company needed a reliable internal control system, but today a more important background reason is exposure to credit risk, market risk, operations risk, and other risks.
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© 2001 Dimitris N. Chorafas
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Chorafas, D.N. (2001). Internal Control Implementation Must Focus on Core Functions. In: Implementing and Auditing the Internal Control System. Palgrave Macmillan, London. https://doi.org/10.1057/9780230597860_7
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DOI: https://doi.org/10.1057/9780230597860_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-42552-5
Online ISBN: 978-0-230-59786-0
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