Control principle definition including break down of areas in the definition. Analyzing the definition of key term often provides more insight about concepts. Control principle can be defined as: Information system principle that prescribes an accounting system to aid managers in controlling monitoring business activities. Control principle include the concept of internal controls, methods and procedures allowing managers to control and monitor business activities. Control principle can be used to direct operations toward common goals. Control principle is about procedures to ensure reliable financial reports. Control principle is about safeguarding to protect company assets and control principle is about methods to achieve compliance with laws and regulations.
