Case Study 2 Internal Control

Case Study 2 Internal Control 1. Inform the scorching seat of any forward-looking national control requirements if the ac smart set decides to go public. The interest of the lodge passage public impart be having a successful outcome, if every the required tests atomic number 18 mightily administered. The Sarbanes Oxley Act of 2002, requires enumerationation of controls and outside(a) auditors to test controls, they ingest to mystify out a trace of the effectiveness. The importance of design, testing, and auditing of controls ar indispensable to physical body the dress hat product. 2. Advise the chairman of what the follow is doing right (they are doing many things well) and also recommend to the hot seat whether or not they should demoralize the indelible ink shape. When you give notice the President, please be certain(p) to reference the applicable native control dogma that applies. The smart set has been doing well by having great term employees that shows we hand a great work environment. The commit put into employees will assure a lodge. They are an addition; the buss have a great balance in keeping control of the company intern everyy. The indelible ink machine will be a great benefit to have. Pre-numbered checks are best considered, to have all the checks be printed accounted for.

Paychecks should be unploughed in a safe box in the major power for only a music director to have access to. small-minded cash should not be laid around or easily accessible. There should be a cashier or each employee can cook up turns each hebdomad to keep a document on who took what and when. 3. Advise the President of what the company is doing wrong (they are by all betting odds doing some things poorly). Please be sure to include the home(a) control principle that is being violated along with a recommendation for improvement. For the hiring of new employees a screened and background check unavoidableness to be mandatory. It allows the hiring process to be properly considered to prevent the company form harm. Because of the recant fortuity passwords and screen names should be given to...If you want to view a full essay, Indian lodge it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper