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Principle Of Internal Control
A framework designed to provide reasonable assurance regarding the achievement of objectives in effectiveness and efficiency of operations, reliability of financial reporting, and compliance with applicable laws and regulations.
Fraud
Fraud is a deliberate act of deception intended for personal gain or to cause a loss to another party, often involving financial transactions.
Cash Equivalents
Investments of a short-term nature that are both easily converted into precise cash amounts and carry a minimal risk of fluctuating in value.
IFRS
Stands for International Financial Reporting Standards, which are designed to make company accounts understandable and comparable across international boundaries.
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