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    bettyboop13's Avatar
    bettyboop13 Posts: 6, Reputation: 1
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    #1

    Jul 24, 2008, 04:57 PM
    Accounting controls
    What is the purpose of internal control? Why is internal control important? How can internal controls help or hinder a company's success?
    plonak's Avatar
    plonak Posts: 742, Reputation: 117
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    #2

    Jul 24, 2008, 05:05 PM
    Internal control is to protect a company from fraud. To deter their workers from stealing from them in essence. They can help because they stop people from stealing and causing harm to the business and it can hinder because internal controls can be costly and timely..

    Why don't you do a search on the internet.. I'm sure it's all over the place
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