High quality and proportionate internal control systems will
help organisations achieve their aims. The Statement on Internal
Control (SIC) is a public accountability document that describes
the effectiveness of internal controls in an organisation and is
personally signed by the Accounting Officer. To help Audit
Committees add value to their organisations in this area, the guide
identifies good practice in corporate governance, risk management
and internal controls, as well as the disclosure of these within
the SIC.