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Internal control is a crucial component of an organisation’s internal governance structure and is important for preventing and managing business risks in the current contemporary business environment. For instance, global economic slowdown, digital transformation, Environmental, Social and Governance (ESG), and et cetera.
To conduct research in the area of internal control, select a local business/company which you are familiar with or interested in. It is advisable for you to do some preliminary study on the business/company to get some insights into the background and their internal controls, before selecting your business/company of choice.
COMPANY CHOSEN: OLDTOWN WHITE COFFEE MALAYSIA
Note: Prepare your points using two columns headed ‘Direct Controls’ and ‘Tests of Controls’.
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