Accounting Beyond Figures - ABFi

Accounting Beyond Figures - ABFi To discuss salient issues of accounting, taxation, auditing and consulting issues. Ask questions and receive answers. Join us today and let's talk Accounting.

Discussing topics, tips, points and ideas about accounting at all levels. This development is bound to bring participants into the new realm of IFRS era of reporting. Ask your questions, make your contributions. Together let's make the subject of accounting simple and interesting. JOIN US TODAY.

27/09/2025

Shout out to my newest followers! Excited to have you onboard! Jennie Dagohoy Calape, Teddy Baligasa

10/09/2024

Accounting Beyond Figures - ABFi

Join me, let us discuss salient areas in accounting, in today's business language.

19/01/2024

What is the accounting treatment for PROVISION FOR SALARIES?
Waiting for your response.

25/11/2023
10/09/2022

ACCOUNTING BEYOND FIGURES

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10/09/2022

Accounting
Auditing
&
Tax..
Accounting Beyond Figures

Job vacancy for fresher accountant
09/09/2022

Job vacancy for fresher accountant

08/09/2022

According to Wikipedia, A control environment, also called "Internal control environment", is a term of financial audit, internal audit and Enterprise Risk Management.
It means the overall attitude, awareness and actions of directors and management (i.e."those charged with governance") regarding the internal control system and its importance to the entity. They express it in management style, corporate culture, values, philosophy and operating style, the organisational structure, and human resources policies and procedures.

In a lay man's language, a CONTROL ENVIRONMENT is beyond documentation of policies and procedures; it is rather represented in the body language of those in actual topmost management of the organisation concerned. This body language is expressed in their management style, actions and inactions and reactions to a given situation or approach to issues of concern, etc.
It is a key determinant of internal control performance of the organisation.

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