Internal control in small business

In theory, management should maintain adequate internal control regardless of the size of the enterprise. However to many people, it is perceived that small businesses do not have and even do not need such a control. This project aims to look into the possibility of effective internal controls in...

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Bibliographic Details
Main Authors: An, Li Hui, Lee, Kai Nee, Lim, Lay Choo
Other Authors: Tay Kok Leong
Format: Final Year Project (FYP)
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/63023
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author An, Li Hui
Lee, Kai Nee
Lim, Lay Choo
author2 Tay Kok Leong
author_facet Tay Kok Leong
An, Li Hui
Lee, Kai Nee
Lim, Lay Choo
author_sort An, Li Hui
collection NTU
description In theory, management should maintain adequate internal control regardless of the size of the enterprise. However to many people, it is perceived that small businesses do not have and even do not need such a control. This project aims to look into the possibility of effective internal controls in small business given its inherent limitation of being small and the role internal control plays in the efficient, effective and economical running of the business. The case studies show that internal controls do exist in small businesses except for the really small ones and such controls aid in the running of the business from the owners' point of view. However benefits of such a control may be at times underestimated.
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spelling ntu-10356/630232023-05-19T06:24:05Z Internal control in small business An, Li Hui Lee, Kai Nee Lim, Lay Choo Tay Kok Leong Nanyang Business School DRNTU::Business::Operations management In theory, management should maintain adequate internal control regardless of the size of the enterprise. However to many people, it is perceived that small businesses do not have and even do not need such a control. This project aims to look into the possibility of effective internal controls in small business given its inherent limitation of being small and the role internal control plays in the efficient, effective and economical running of the business. The case studies show that internal controls do exist in small businesses except for the really small ones and such controls aid in the running of the business from the owners' point of view. However benefits of such a control may be at times underestimated. ACCOUNTANCY 2015-05-05T04:30:29Z 2015-05-05T04:30:29Z 1994 1994 Final Year Project (FYP) http://hdl.handle.net/10356/63023 en Nanyang Technological University 55 p. application/pdf
spellingShingle DRNTU::Business::Operations management
An, Li Hui
Lee, Kai Nee
Lim, Lay Choo
Internal control in small business
title Internal control in small business
title_full Internal control in small business
title_fullStr Internal control in small business
title_full_unstemmed Internal control in small business
title_short Internal control in small business
title_sort internal control in small business
topic DRNTU::Business::Operations management
url http://hdl.handle.net/10356/63023
work_keys_str_mv AT anlihui internalcontrolinsmallbusiness
AT leekainee internalcontrolinsmallbusiness
AT limlaychoo internalcontrolinsmallbusiness