ABSTRACT
A well designed internal control system, operated with dedication and commitment can still mal-function. The system may not be perfect into design and operation, as it is unlikely to be. It becomes necessary then that a mechanism for performance continuously, appraise IL and would require the evaluation results control system to test its efficiency and effectiveness. It need not sound strange that internal control is the oldest branch of modern accounting. It is older than double entry system of book-keeping L which itself arose out of the desire to ensure better control of business assets. History has it that some earliest written books known to man are accounting records of the ancient Egyptians, Mesopotamian, Cretin, Mycehaen, and other early civilizations. They show that accounting records then were kept on the charge and discharge principle (a kind of receipt and I. payment account) and were meant to serve two main purposes; to assist in keeping track of assets (in current terminology safeguard of assets); and to make it easier to exercise control over those entrusted with other people's property (stewardship and internal check), these and purely internal control purposes.
MOHAMMED, H (2021). Evaluation Of Internal Control Measures For Effective Corporate Governance In Quoted Companies In Abia State, Nigeria. Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/evaluation-of-internal-control-measures-for-effective-corporate-governance-in-quoted-companies-in-abia-state-nigeria-7-2
H., MOHAMMED. "Evaluation Of Internal Control Measures For Effective Corporate Governance In Quoted Companies In Abia State, Nigeria" Mouau.afribary.org. Mouau.afribary.org, 28 Jun. 2021, https://repository.mouau.edu.ng/work/view/evaluation-of-internal-control-measures-for-effective-corporate-governance-in-quoted-companies-in-abia-state-nigeria-7-2. Accessed 01 Nov. 2024.
H., MOHAMMED. "Evaluation Of Internal Control Measures For Effective Corporate Governance In Quoted Companies In Abia State, Nigeria". Mouau.afribary.org, Mouau.afribary.org, 28 Jun. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/evaluation-of-internal-control-measures-for-effective-corporate-governance-in-quoted-companies-in-abia-state-nigeria-7-2 >.
H., MOHAMMED. "Evaluation Of Internal Control Measures For Effective Corporate Governance In Quoted Companies In Abia State, Nigeria" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/evaluation-of-internal-control-measures-for-effective-corporate-governance-in-quoted-companies-in-abia-state-nigeria-7-2