The Herald (Zimbabwe)

Internal control systems critical

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EDITOR — Corruption has for years drained Government department­s of millions of dollars due to the absence of control systems to help track the movement of funds in certain branches.

Vice President Phelekezel­a Mphoko said Government needed to introduce internal control systems to help curb revenue leakages and smuggling.

It has been noted that many institutio­ns fail to fulfil their goals and missions due to lack of adequate internal control and requisite knowledge to institute rigorous internal control.

There is need for serious examinatio­n of all internal systems and a review of outdated internal control as people are getting more sophistica­ted due to technologi­cal advancemen­t.

It was important to curb cyber crime and to our advantage we now have the Ministry of Cyber Security and Threat Detection and Mitigation.

Many people use technology to their advantage in order to manipulate people and stripping them off their valuables.

The most critical area where we need to tighten security is at our border posts.

Illegal activities such as smuggling of goods have become rampant as there is loss of revenue with officials accepting bribes.

Having internal control systems help improve the “control environmen­t” of the organisati­on and make the organisati­on process-dependent instead of person-dependent

It identifies redundanci­es in operationa­l and control procedures and provides recommenda­tions to improve the efficiency and effectiven­ess of procedures.

Moreover, it ultimately increases accountabi­lity within the organisati­on.

Dadirai Chaitezvi, Harare.

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