Internal Control - Describing Internal Controls

Describing Internal Controls

Internal controls may be described in terms of: a) the objective they pertain to; and b) the nature of the control activity itself.

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    I am not describing a distant utopia, but the kind of education which must be the great urgent work of our time. By the end of this decade, unless the work is well along, our opportunity will have slipped by.
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    We’ve got to figure these things a little bit different than most people. Y’know, there’s something about going out in a plane that beats any other way.... A guy that washes out at the controls of his own ship, well, he goes down doing the thing that he loved the best. It seems to me that that’s a very special way to die.
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