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12

Point of Watchfulness

NOTES ON INTERNAL CONTROL

 

No two systems of internal controls are identical, but many core philosophies regarding financial integrity and accounting practices have become standard management practices. - Investopedia, www.investopedia.com

 

 

 

 

There would be no idling in a co-operative workshop. Each workman, being an employer, has a spur to his own industry, and has a pecuniary reason for being watchful of the industry of his fellow workmen. - Leland Stanford

 

 

By

 

Gizelle U. Gangano

Jeline C. Legaspi

Sharlyn A. Luna

Regine A. Tapia

Alex L. Saclayan

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