Organisation
INTRODUCTION
Just as organisations have goals describing their primary business objectives, they also have goals with respect to controlling how these objectives are met. These are the control goals of an organisation which are enforced through a system of internal control. Such a system enables them to adhere to external laws and internal regulations, prevent and detect fraud and continuously enhance the overall quality of the business. Independent of the type of organisation, these internal control systems use common underlying principles to establish and achieve control over business activities.
What is required is to provide a unifying representation of control principles allowing for their extended analysis and exploration. This thesis presents a framework suitable to express and analyse a set of selected control principles.
ORGANISATION
The term organization has often been used in a two-fold sense. Firstly, organization may refer to the function of organizing and secondly it may refer to the structure of individuals and facilities by means of which a manager of an organization has plans carried out.
According to Louis A. Allen : "Organisation is the process of identifying and grouping the work to be performed, defining and delegating responsibility and authority, and establishing relationship for the purpose of enabling people to work most effectively together in accomplishing objectives."
CHARECTERISTICS OF ORGANISATION (a) It is group of individual, which may be small or large. (b) The group in the organization works under the direction of executive leadership. (c) It is a function of management. (d) It consists of some directing authority, which controls the collective efforts of the group. (e) It refers to a structure of duties and responsibilities. (f) It is established for the accomplishment of common objectives. (g) It is a continuous function and is performed in varying degrees by all level of management. From the
Just as organisations have goals describing their primary business objectives, they also have goals with respect to controlling how these objectives are met. These are the control goals of an organisation which are enforced through a system of internal control. Such a system enables them to adhere to external laws and internal regulations, prevent and detect fraud and continuously enhance the overall quality of the business. Independent of the type of organisation, these internal control systems use common underlying principles to establish and achieve control over business activities.
What is required is to provide a unifying representation of control principles allowing for their extended analysis and exploration. This thesis presents a framework suitable to express and analyse a set of selected control principles.
ORGANISATION
The term organization has often been used in a two-fold sense. Firstly, organization may refer to the function of organizing and secondly it may refer to the structure of individuals and facilities by means of which a manager of an organization has plans carried out.
According to Louis A. Allen : "Organisation is the process of identifying and grouping the work to be performed, defining and delegating responsibility and authority, and establishing relationship for the purpose of enabling people to work most effectively together in accomplishing objectives."
CHARECTERISTICS OF ORGANISATION (a) It is group of individual, which may be small or large. (b) The group in the organization works under the direction of executive leadership. (c) It is a function of management. (d) It consists of some directing authority, which controls the collective efforts of the group. (e) It refers to a structure of duties and responsibilities. (f) It is established for the accomplishment of common objectives. (g) It is a continuous function and is performed in varying degrees by all level of management. From the