Internal Control System (ICS) definition

Internal Control System (ICS) means a separate processing system designed to independently check and verify transactions on the gaming system.
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Examples of Internal Control System (ICS) in a sentence

  • For group producer, in addition to the maintenance Organic Farm Diary by its members, records related to the implementation of the ICS shall be maintained as per the formats prescribed in Internal Control System (ICS) Manual Version II: 2020 of the National Centre for Organic Agriculture (NCOA) Yusipang, Thimphu.

  • For group producer, in addition to the maintenance Organic Farm Diary by its members, records related to the implementation of the ICS shall be maintained as per the formats prescribed in Internal Control System (ICS) Manual Version II:2020 of the National Centre for Organic Agriculture (NCOA) Yusipang, Thimphu.

Related to Internal Control System (ICS)

  • Internal control means the systems of control devised by management to ensure that the council’s objectives and management policies are achieved and adhered to in a manner that promotes the economy, efficiency and effectiveness on the use of resources, that financial and other records are reliable and complete and that the councils assets and interests are safeguarded;

  • Control system means the combination of capture and control devices used to reduce emissions to the atmosphere.

  • Internal Controls has the meaning set forth in Section 4.07(d).

  • Internal combustion engine or ‘engine’ means an energy converter, other than a gas turbine, designed to transform chemical energy (input) into mechanical energy (output) with an internal combustion process; it includes, where they have been installed, the emission control system and the communication interface (hardware and messages) between the engine's electronic control unit(s) and any other powertrain or non-road mobile machinery control unit necessary to comply with Chapters II and III;

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that: