About the Paper
About the Paper
About the Paper
The first page of Dr. Frazer's Paper as published in the Journal of Accounting and Finance in 2020.Abstract
This paper demonstrates that internal control can be successfully applied to any company to foster accurate financial reporting, non-financial information, compliance with laws and operational efficiency. Furthermore, it bolsters the assurance process, in that it helps to give credibility and authenticity of information. The paper asserts that an effective internal control system reduces inherent, control and detection risks. This leads to less substantive audit procedures and lower audit fees. It also reduces compliance audits from federal, state and local authorities and garners less unethical behaviors. The paper concludes that companies that have effective internal control systems solicit more respect from stakeholders.
Originally Published on:
Journal of Accounting and Finance Vol. 20 No. 1 (2020)
Read the Article:Follow this link to read the article. https://articlegateway.com/index.php/JAF/article/view/2739
The first page of Dr. Frazer's Paper as published in the Journal of Accounting and Finance in 2020.
Abstract
This paper demonstrates that internal control can be successfully applied to any company to foster accurate financial reporting, non-financial information, compliance with laws and operational efficiency. Furthermore, it bolsters the assurance process, in that it helps to give credibility and authenticity of information. The paper asserts that an effective internal control system reduces inherent, control and detection risks. This leads to less substantive audit procedures and lower audit fees. It also reduces compliance audits from federal, state and local authorities and garners less unethical behaviors. The paper concludes that companies that have effective internal control systems solicit more respect from stakeholders.
Originally Published on:
Journal of Accounting and Finance
Vol. 20 No. 1 (2020)
Read the Article:
Follow this link to read the article. https://articlegateway.com/index.php/JAF/article/view/2739
Meet the Author
Meet the Author
Meet the Author
Linval Frazer, Ph.D.
Linval Frazer, Ph.D.
Dr. Frazer is an associate professor at the State University of New York in Old Westbury.
He is a certified public accountant in the state of New York. He is also a Certified Fraud Examiner (CFE) and Chartered Global Management Accountant (CGMA).
He received his Ph.D. from Walden University, his MBA & MS degree from Keller Graduate School of Management,
and his BBA from Berkeley College.
Follow Dr. Frazer on Google Scholar