 In this discussion we will discuss the discussion question of list and describe the principles of internal controls. Now when we talk about internal controls we're talking about a specific list of activities or some activities or some system that we're going to put together in order to achieve objectives. Now we can talk first about what those objectives are a little bit in terms of the internal controls and then go over the types of principles that we're going to put in place in order to achieve those objectives. The idea of internal control seems pretty simple at first glance but it can get very complicated very quickly as we start to look through different techniques and then list out the principles we're going to in order to get to the ultimate goals of the internal controls. So the goals of internal controls are going to include things like safeguarding the assets, making sure that we have a system that is set up that's going to be in compliance with policies and regulations and be in compliance with laws and