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Internal Controls Paper
FIN/324
University of Phoenix
November 2, 2005

Internal Controls Paper
When it comes to the internal controls of firms and enterprises, executives are constantly keeping a close look on the accuracy and effectiveness of these controls along with seeking ways to better them. According to COSO (2004) the implementation of internal controls helps guide companies in reaching towards their profitability goals, the accomplishment of their mission statement, and helps minimize any unexpected events that may occur. This analysis will: (1) describe the importance of internal control programs, (2) identify effective internal control techniques, (3) illustrate the relationship between ethics and internal control techniques, and (4) describe the importance of the Sarbanes-Oxley Act.
The Importance of Internal Control Programs
Effective internal controls are the foundation to a safe, sound, and successful enterprise. A properly designed and consistently......

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Approximate Word Count: 735
Approximate Pages: 3 (250 words per double-spaced page)

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