Internal Control is about managing the network of business policies, practices and procedures to achieve corporate goals and missions as well as minimizing the impact of risks and uncertainties along the way. Internal control, governed by Public Financial Management Law 5018, is enacted to ensure that Public Agencies comply with the laws and regulations, prevent corruption and fraud in financial decisions and transactions, receive regular, timely and reliable reports and information to support decision making and follow-up, and protect public assets against misuse, waste and loss.