Government Performance Audit In Action

STANDARDS FOR INTERNAL CONTROL IN NEW YORK STATE GOVERNMENT Alan G. Hevesi Comptroller Internal Control Standards TABLE OF CONTENTS INTRODUCTION .....................................................................................................................................................1 PART I: NEW YORK STATE'S INTERNAL CONTROL FRAMEWORK......................................................3 DEFINITION OF INTERNAL CONTROL ...........................................................................................................4 FOUR PURPOSES OF INTERNAL CONTROL ..................................................................................................5 ORGANIZATIONAL ROLES ...............................................................................................................................5 PART II: FIVE COMPONENTS OF INTERNAL CONTROL...........................................................................7 CONTROL ENVIRONMENT................................................................................................................................7 COMMUNICATION............................................................................................................................................11 ASSESSING AND MANAGING RISK ..............................................................................................................12 CONTROL ACTIVITIES............................................. ...