Family and early life [edit]. Edward, Jr., was the son of Edward L. and Lucille (Lewis) Moyers. He was born on October 3, 1928, near Meridian, Mississippi. Moyers graduated from Louisiana Tech University with a business degree in 1955.amily and early life [edit]. Edward, Jr., was the son of Edward L. and Lucille (Lewis) Moyers. He was born on October 3, 1928, near Meridian, Mississippi. Moyers graduated from Louisiana Tech University with a business degree in 1955.
Some of the benefits of having a good system of internal controls are: 1  Helping protect assets and reduce the possibility of fraud. 2  Improving efficiency in operations. 3  Increasing financial reliability and integrity.  Ensuring compliance with laws and statutory 1  regulations. Establishing monitoring procedures.
Internal controls are the methods and procedures designed by management to safeguard assets and to manage resources. Itâs the system of checks and balances. A system of internal control serves to minimize errors in the accounting records and to deter fraud, embezzlement and theft by employees, customers and vendors.our Role in Internal Controls. 1  Establish the âtone at the topâ and promote an ethical business environment by providing structure, feedback, and discipline. 2  Assess risks specific to your operations and develop a control system to address risks that could prevent achieving established goals.