Categorisation of Internal Controls

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  • Avatar of f2010
    f2010
    Participant
    • Topics: 1
    • Replies: 1

    SPAM SOAP
    S= Segregation of Duties
    P= Personnel
    A= Arithmetic & Accounting
    M= Management
    S= Supervision
    O= Organizational/ Operational
    A= Authorization
    P= Physical


    Avatar of MikeLittle
    MikeLittle
    Keymaster
    • Topics: 0
    • Replies: 6676

    Is this meant to be in the mnemonics string – and, incidentally, its the same as OAP SPASM !!!!!


    Avatar of jackchitan
    jackchitan
    Participant
    • Topics: 3
    • Replies: 31

    Are the below also categories of internal controls
    C-Comparison
    A-Authorisation
    R-Reconciliations
    C-Computer controls
    A-Arithmetic accuracy
    P-Physical


    avatar
    kolaayoola
    Participant
    • Topics: 0
    • Replies: 2

    SPAM SOAP

    is most appropriate


    avatar
    kenneth2011
    Participant
    • Topics: 0
    • Replies: 7

    Is ACCAMAP one

    A – Authorisation
    C – Comparison
    C – Computer Control
    A – Arithmetical Accuracy
    M – Management Control
    A – Account Reconciliation
    P – Physical Safeguard

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