• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Control environment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Control environment

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by Anuja Nair.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • September 7, 2018 at 6:00 am #472007
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    Hi sir, when asked for “failures in internal control”, one way to do so , is to use the COSO
    5 component framework right?

    For control environment:
    We have to assess whether the control environment in the question is weak or strong.

    If top management seems to only care about profits and ignore controls then its likely that that the employees will not take internal controls seriously as well.They will tend to have a mindset that its okay to not follow the controls because as employees, they will definitely follow the lead of their senior managers. This indicates a weak control environment and it could be one of the reasons for failure in internal control.

    Am i right sir?

    September 7, 2018 at 7:43 am #472021
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10611
    • ☆☆☆☆☆

    Yes.

    September 7, 2018 at 9:46 am #472037
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    Thank you sir.

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘Control environment’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Victory-mine on Cost Classification and Behaviour (part 1) – CIMA P1
  • AliMalik on Chapter 6 Tax Adjusted Trading Losses – Individuals TX-UK FA2023
  • John Moffat on Discounted Cash Flow – Internal Rate of Return – ACCA Financial Management (FM)
  • drvoshanovat on Discounted Cash Flow – Internal Rate of Return – ACCA Financial Management (FM)
  • Lost on Presentation of Financial Statements (IFRS18) – ACCA Strategic Business Reporting (SBR) lectures

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in