Scribd
Upload
9 views4 pages

Components and Principles of Functioning Operations

The document outlines the components and principles necessary for an effective operational framework, emphasizing the importance of design and functionality. It identifies compliance objectives that include operational aspects and fundamental concepts like fraud. Additionally, it discusses the objectives of operations and reporting, focusing on effectiveness, efficiency, and both internal and external financial and non-financial reporting.

Uploaded by

chenik75
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
9 views4 pages

Components and Principles of Functioning Operations

The document outlines the components and principles necessary for an effective operational framework, emphasizing the importance of design and functionality. It identifies compliance objectives that include operational aspects and fundamental concepts like fraud. Additionally, it discusses the objectives of operations and reporting, focusing on effectiveness, efficiency, and both internal and external financial and non-financial reporting.

Uploaded by

chenik75
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Present & functioning = 5 components + 17 principles

Present = exist + design + operational


Functioning = function during the time

Compliance objectives : operational + ?

Principal = fundamental concepts (ex : fraud)

Operation objectives = effectiveness + efficiency of operation

Reporting objectifs = internal/external + financial / non financial

You might also like