There are three main forms of internal control which are: Accounting control This ensures correct and

reliable records of transactions in conformity with normally accepted accounting principles. It is concerned with safe guarding the assets and liabilities financial records. Accounting controls deals with the process of recording of transactions, safe guarding the assets and adherence to prescribe managerial policies. Administrative Control This control comprise of the plan of the organization that is concerned mainly with operational efficiencies. These included the plan of the organization, procedures, record keeping, distribution of authority, and the process of decision making. It is important to note that an auditor should carefully review the accounting controls as they have a direct bearing on the reliability of financial statements. Internal Control & Auditor The auditor is concerned only with the evaluation of the internal control to know its strengths and weaknesses. After review if the auditor finds that the internal control system is inadequate, he should then plan to carry out detailed examinations of the areas where the system is weak. That is why it is vital that an auditor acquaint their self with the internal control in force and their actual operation. The auditor may bring to the attention of management any shortcomings of the internal control system.