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Control environment
A
control
environment
, also called "Internal control environment", is a term of
financial audit
,
internal audit
and
Enterprise Risk Management
. It means the
overall
attitude
,
awareness
and
actions
of
directors
and
management
regarding the
internal control
system
and its importance to
the entity
. They
express
it in
management style
,
corporate culture
,
values
,
philosophy
and
operating
style
, the
organisational structure
, and
human resources
policies and procedures
.