Evaluating and Improving Internal Control in Organizations
International Good Practice Guidance

The Professional Accountants in Business (PAIB) Committee has issued this new International Good Practice Guidance, which highlights areas where the practical application of existing internal control standards and frameworks often fails in many organizations. The new guidance will assist professional accountants in business as they work with their organizations to continuously evaluate and improve internal control, and ensure that it is an integrated part of the organization’s systems of governance and risk management. Better integrated internal controls can save the organization time and money while helping to create and preserve value.

An Executive Summary of the report is also available.

Evaluating and Improving Internal Control in Organizations (PDF | 625K)
International Good Practice Guidance
Date: Jun 28, 2012

Related Resources

• Evaluating and Improving Internal Control in Organizations
• PAIB Committee Response to COSO on Internal Control over External Financial Reporting
• PAIB eNews May 2013
• Principles for Effective Business Reporting Processes
• Strategic Risk Management in the Face of Uncertainty and Unexpected Risks