الفهرس 
General Framework of the researchOnly 14 pages are availabe for public view
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Abstract
This chapter illustrated that the existence of an effective control environment is considered as a healthy, needed atmosphere which support the impact of all previous-mentioned factors in chapter two that determine the effectiveness of internal audit function. As discussed through this chapter, there are features which guarantee an implementation of an effective control environment. A good set of control also would encourage efficient and effective use of company’s resources. Every single process and operation would be developed with reasonable control to ensure all resources would be used at optimum level, manage to produce high quality product or services and at lower cost. In addition to that, adequate control is considered to be present if administrative management has planned and organized in a manner, which provides reasonable assurance that the organization’s objectives and goals will be achieved efficiently and economically. Besides, when the management set outs the company’s objectives, the next important step is to identify risks that may occur in order to achieve those objectives as the ability to identify risk would assist the management to design needed control. Moreover, an effective internal control system is achieved when it can cater and mitigate the risk. The ability to manage the risk will be occurred through having an appropriate control which leads organization to achieve its objectives by effective manner. The assessment of risk should be in a form of systematic process and continuously because risk is constantly evolved. In assessing risk, management not only considers the likelihood of the risk occurrence but also predicts the effect and its consequences and plan for preventive and corrective action. Effective internal control not only depends on its design, but also how the people inside the organization implement and comply with it.