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英语翻译WhatInternalControlCanDoInternalcontrolcanhelpanentityachieveitsperformanceandprofitabilitytargets,andpreventlossofresources.Itcanhelpensurereliablefinancialreporting.Anditcanhelpensurethattheenterprisecom
更新时间: 2025-08-31 14:12:06
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英语翻译

WhatInternalControlCanDo

Internalcontrolcanhelpanentityachieveitsperformanceandprofitabilitytargets,andpreventlossofresources.Itcanhelpensurereliablefinancialreporting.Anditcanhelpensurethattheenterprisecomplieswithlawsandregulations,avoidingdamagetoitsreputationandotherconsequences.Insum,itcanhelpanentitygettowhereitwantstogo,andavoidpitfallsandsurprisesalongtheway.

WhatInternalControlCannotDo

Unfortunately,somepeoplehavegreater,andunrealistic,expectations.Theylookforabsolutes,believingthat:

•Internalcontrolcanensureanentity'ssuccess--thatis,itwillensureachievementofbasicbusinessobjectivesorwill,attheleast,ensuresurvival.

Eveneffectiveinternalcontrolcanonlyhelpanentityachievetheseobjectives.Itcanprovidemanagementinformationabouttheentity'sprogress,orlackofit,towardtheirachievement.Butinternalcontrolcannotchangeaninherentlypoormanagerintoagoodone.And,shiftsingovernmentpolicyorprograms,competitors'actionsoreconomicconditionscanbebeyondmanagement'scontrol.Internalcontrolcannotensuresuccess,orevensurvival.

•Internalcontrolcanensurethereliabilityoffinancialreportingandcompliancewithlawsandregulations.

Thisbeliefisalsounwarranted.Aninternalcontrolsystem,nomatterhowwellconceivedandoperated,canprovideonlyreasonable--notabsolute--assurancetomanagementandtheboardregardingachievementofanentity'sobjectives.Thelikelihoodofachievementisaffectedbylimitationsinherentinallinternalcontrolsystems.Theseincludetherealitiesthatjudgmentsindecision-makingcanbefaulty,andthatbreakdownscanoccurbecauseofsimpleerrorormistake.Additionally,controlscanbecircumventedbythecollusionoftwoormorepeople,andmanagementhastheabilitytooverridethesystem.Anotherlimitingfactoristhatthedesignofaninternalcontrolsystemmustreflectthefactthatthereareresourceconstraints,andthebenefitsofcontrolsmustbeconsideredrelativetotheircosts.

Thus,whileinternalcontrolcanhelpanentityachieveitsobjectives,itisnotapanacea.

葛荣雨回答:
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