Trimming the nails of a dog and having the right type of nail clippers for the job go hand-in-hand. Keeping the dog comfortable and secure while trimming the nails helps avoid injury to the pet. Tags: Dog Nail Clippers New Dog Nail Clippers Nail Clippers Scissor Nail Clippers Guillotine Nail Clippers.
Types of Internal Controls in Accounting. The Worldcom, Enron and HealthSouth accounting scandals, among others, have heightened the importance of internal controls for companies everywhere. The Sarbanes-Oxley Act mandates that companies develop and maintain adequate internal control systems. In the U.S., internal controls are evaluated in the context of the Committee of Sponsoring Organizations (COSO) framework. There are three types of internal controls: Preventive, Detective and Corrective. In order to gain an understanding of the internal control concept, it is necessary to have a basic understanding of the COSO framework.
Employees who carry out this function are called internal auditors. During an internal audit, internal auditors will evaluate and monitor a company's risk management, reporting, and control practices and make suggestions for improvement. Internal auditing covers not only an organization's finance function, but all the operations and systems in a firm. While internal auditors are typically accountants, this activity can also be carried out by other professionals who are well-versed with a company's functions and the relevant regulatory requirements.