ABSTRACT
This study examine the effects of internal control system on risk management. The researcher consider employee of Nigerian television authority, Lagos centre as the population of the study. This research adopted descriptive design and quantitative approach. The data collection instrument used was questionnaire. The population of the study were staff of Nigeria Television Authority in Lagos state. Data was collected from the entire population. The study discovered that NTA has adopted a hybrid control framework (COSO, CoCo, and CobiT frameworks) and that the Board of Directors and Management of NTA only are responsible for formulating internal control policies. It was revealed that the control systems of NTA are highly strong and effective. The study found out that: the inability of the control system to detect people who do not comply with control policies; inadequate physical control measures and procedures over the organization‘s assets to protect those assets against theft and unauthorised access are some of the challenges of NTA‘s internal control systems. It was also discovered that the control system had led to positive financial and non-financial performance at NTA. Some of the major recommendations made include: NTA should involve staff in the formulation of control policies and also, the organization should conduct regular control system reviews
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