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CORRECTION - Correction Notice

Internal Auditor, Dec, 2000

The graphic titled "Dimension and Levels of Internal Control" on page 43 of David Crawford's "Levels of Control" (October 2000) contains a color-coding error in the "Time" dimension. The colors in this portion of the chart should have been reversed to correspond to the levels of internal control as follows:

Real time [right arrow] Operating controls

Soon after [right arrow] Monitoring controls

Periodically [right arrow] Oversight controls

Annually [right arrow] Internal audit controls

We regret the error and apologize for any confusion.

COPYRIGHT 2000 Institute of Internal Auditors, Inc.
COPYRIGHT 2002 Gale Group

 

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