What do you understand by the term it governance

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Question 1. Using the definition of Internal Control, discuss what you understand by the term 'Internal Control.' What are management's and internal auditor's responsibilities concerning internal controls? Give suitable examples.

Question 2. What do you understand by the term IT Governance? Why is it important for Internal Auditors to consider IT Controls in assessing a firm's control environment?

Reference no: EM133474169

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