Risks That Internal Controls Help to Avoid

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Levers of Control > Forum > Risks That Internal Controls Help to Avoid

Risks That Internal Controls Help to Avoid
Anneke Zwart, Student (University), Netherlands, Moderator
Internal controls are important in every organization, as they support organizations in achieving the objectives that have been set.
Internal controls are also an important component of Enterprise Risk Management. Without proper internal controls, the chance of several business risks increases:
1. Business Interruption: internal controls help to avoid system breakdowns and errors, and therefore it helps to prevent excessive re-work to fix errors.
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