The 5 Components of Internal Control

The Committee of Sponsoring Organizations has identified 5 components of internal control, which are: (1) the control environment, (2), the organization's risk assessment process, (3), the control activities, (4), information and communication, and (5) the organization's monitoring activities.—
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[ambergreene]

This video just summed up a really long chapter I didn't want to read. Thank you!

[gzimrama]

I have to say. I've watched a lot of your videos, and they've helped me a lot in understanding and summarising long textbooks and articles. Thank you!

[zwalid]

Great explanation and straight to the point. Thank you.

[simangelembatha]

I was really having difficulty making sense of these components however this video just summed up everything and now I have a better understanding even reading from the textbook.

Thank you so much.

[adequatequality]

Thanks so much! Had an interview for a job position in Internal Control and your video helped me get a brief introduction. 😀

[jescelcasas]

I have watched a lot of your videos! They're really perfect for me since they are short and very well-explained (as I have a very short attention span). Thank you so much :)

[mandisadlamini]

Thank you so much, perfect explanation straight to the point

[brighteyedsmiles]

Love your videos, thank you for them!!!

[mohamedadamsbarrie]

Thank you very much for uploading this video

[msafiriramadhani]

Thank you so much, very clear to the point

[paulacesana]

Very clear explanation. Thank you so much!

[ntcuongct]

Dear Friends, I have a question: 1/ Which department will be responsible for implementing compliance functionality in the GRC?. Thank you.

[ntcuongct]

Hello friends,
I have a few questions:
1 / What is the difference between COSO internal control and ERM ?.
2 / Why and When a company should implement ERM instead of internal control ?.

[imthatguy]

How is types of internal control different from components?

[wazeer]

Thanks for your time.
Could you please change the font size and colors .