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control

In biology, the process by which a tissue, an organism, a population, or an ecosystem maintains itself in a balanced, stable state. Blood sugar must be kept at a stable level if the brain is to function properly, and this steady state is maintained by an interaction between the liver, the hormone insulin, and a detector system in the pancreas.

In the global ecosystem, the activities of the human race are endangering the balancing mechanisms associated with the atmosphere in general and the greenhouse effect in particular.



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The scope of this definition moved internal control from a focus on internal accounting controls to the role of internal controls for all business purposes, which, in turn, moved the financial executive prospectively to a much broader business role regarding internal controls.
LEVERAGE IT CONTROLS FOR ONGOING PROCESS IMPROVEMENI IT controls have data collection and reporting requirements that often exceed such requirements for general operating processes.
This concept ties into the more recent integrated framework of internal controls for financial operations encouraged by the Committee on Sponsoring Organizations of the Treadway Commission (COSO), a voluntary private-sector organization dedicated to improving the quality of financial reporting.
 
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