What controls are primarily established to ensure operating and compliance objectives are met?

Procedural controls are designed specifically to ensure that operating and compliance objectives are achieved within an organization. These controls focus on the processes and procedures that govern how tasks and activities are carried out. They provide a structured approach to managing operations while also ensuring that all activities comply with relevant laws, regulations, and internal policies.

By establishing clear procedures, organizations can standardize their operations, reduce variability in processes, and enhance compliance with both regulatory and operational requirements. This alignment is critical for mitigating risks that could impact the integrity of processes or result in non-compliance with laws and regulations.

While other types of controls, such as technical controls, administrative controls, and financial controls, do play important roles in the overall risk management framework, procedural controls specifically emphasize the adherence to the operational protocols and compliance measures necessary for achieving organizational objectives.