Internal control as an instrument to support risk management within business plan

Today, companies operate in very turbulent circumstances. They are exposed to complex influences to which they must react in order to protect themselves and survive. Risk exposure must be taken into account when creating a business plan but also we must count on it during the business plan implementation. Internal control is exceptionally important because only timely identification of problems and timely action can amortize risk situations. Considering that the business plan includes all planned steps towards realization of business idea, changes and aberrations at any stage of its implementation have implications on the final result.