I have started to to watch all the videos on this RU-vid channel. I highly appreciate the two experts for their efforts and time to do this. Thank you Herman and Kathleen.
Dear Friends, I have a question about internal control: 1/ I think internal control (IC) are activities that identify risks and frauds occurring in business processes and financial reports. After the IC (internal control) department detects risks, it will propose to management levels or the Board of Directors to identify risks and handle them. Question: Am I understanding this correctly?, I hope you can answer and add more. Thank you.