The role of internal control in achieving organizational goals

Internal control is an integrated system of policies and procedures designed to protect the organization's resources, ensure the accuracy of financial and administrative information, increase the efficiency of operations, and ensure that the organization is operating in accordance with approved laws, instructions, and plans. Accordingly, does internal control contribute tangibly to achieving the organization's strategic objectives (operational, financial, and regulatory), Protecting assets and reducing waste through an integrated system for risk management, not just accounting procedures, as well as raising the reliability of financial and accounting reports that decision-makers rely on and submitting proposals to senior management. It is used to diagnose the level of internal control within its units. Therefore, it is considered a system governing daily organizational behavior and defining responsibilities within the organization. It contributes to reducing risks within the organization by activating continuous monitoring to ensure sustainable oversight, investing in training to protect the organization and its employees, and improving the flow of information in a safe and rapid manner to senior management.