2011 I was asked to give my recommendations on LJB Company’s internal control system before the company decides to go public in the future. Based on my review of the information that I have been given‚ the following are my recommendations for new internal controls: 1. Establishment of Responsibility 2. Segregation of Duties 3. Human Resources Control 4. Independent Internal Verification 5. Physical controls It is good to see that LJB recognizes the efforts of its long term employees
Premium Employment Responsibility Internal control
Case Database: Loss of self-control Case Facts Legal point Clinton (2012) D suffered from depression. Was on medication. Killed his wife. Found out she was having affair. V taunted D about committing suicide. V&D argued. Convicted of murder. Appealed on basis of loss of self-control. Should have been left to the jury. CA quashed the conviction and agreed. Dawes and Others (2013) D found his wife and V asleep on the sofa‚ legs entwined. Was altercation. D stabbed V‚ killing
Premium Jury Law Court
Infection Control Case Study If it is suspected tuberculosis then Mr. Vargas should be isolated. Tuberculosis is an airborne disease transmitted by suspended droplet nuclei or residue in air during coughing or sneezing‚ talking or come in contact with a susceptible host. He needs to be placed in a private room with negative-pressure airflow through a high-efficiency particulate air (HEPA) filter. Since he would be under airborne precautions‚ when he is being transported he would have to wear
Premium Respirator Infectious disease Hygiene
Here again‚ I will offer the choice to the patient to disclose his/ her gender so I could give appropriate recommendations about the medication. However‚ if any of my patient need counseling about any types of birth control (condoms‚ plan B)‚ I will use the occasion to educate them on sexually transmitted diseases and how to avoid them. I will focus on the fact that anyone that is sexually active‚ no matter their sexual orientation is at risk. I will point out that they
Premium Health care Medicine Patient
Pierce Control Systems case 1. Based on the 10 percent compensating balance requirement‚ how much would Pierce Control Systems have to borrow to acquire $10 million in needed funds? Solution: Compensating balance = 10% → 0.10 Amount needed = $10‚000‚ 000 [pic] [pic] Check: Loan = $11‚111‚111 Compensating balance = 10% → 0.10 = loan ∙ 0.10 = $11‚111‚111 ∙ 0.10 = $1‚111‚111 Available funds = Loan – Compensating Balance Available funds = $11‚111
Premium Interest Finance Time
LJB Company’s Internal Control Recommendation Report February 2012 Prepared for: LJB Company President Finance Department Prepared by: Cauretta Bell Recommendation Report 2012 It is my immense pleasure to report and evaluate the findings of the internal control procedures to the President of LJB Company regarding recommended changes for the organization to utilize internal control requirements. We will provide useful recommendation so that LJB Company will be fully prepared to go public
Premium Internal control
The often quoted second amendment‚ as supported by the US Supreme Court‚ upholds the right for a civilian to own firearms‚ however‚ this was not always the case. It was not until 2008 that the Supreme Court recognized the individual’s right to bear arms as opposed to restricting the right to the government and military (US SC 2008). The 1994 "assault weapon" ban is also often cited as a reason why guns should not have regulation. The logical flaw in this is that the "ban" only stopped the manufacture
Premium Firearm Gun politics in the United States Gun
|You are assigned to work in the local office of a birth control clinic. You are instructed to work with a nurse who is teaching Ms. J about| |the use of combination oral contraceptives. Ms. J‚ who is 20 years old‚ travels frequently in her position as a computer analyst. She tells| |you that her menstrual periods are regular and 28 days apart and that her last period started on January 30. The date today is February 2. | |At the end of the talk‚ Ms. J tells you that she has a seizure disorder
Premium Combined oral contraceptive pill Menstrual cycle Pregnancy
An Investigation of Auditor Decision Processes in the Evaluation of Internal Controls and Audit Scope Decisions 1. Introduction Over the past decade numerous studies have focused on auditors’ judgments. With few exceptions these studies have found that when auditors are given the same task‚ they frequently make different decisions.’ This result has been obtained for relatively simple tasks (e.g.‚ Joyce [1976]) and relatively complex tasks (e.g.‚ Reckers and Taylor [1979] and Mock and
Premium Audit Internal control Decision making
President of LBJ Re: Internal Controls My Recommendation Impact of going public Public companies‚ as the result of the passing of Sarbanes Oxley Act of 2002‚ are necessary to document their controls‚ assess the documented controls and have their external auditors examine their testing of controls and note down a report about the efficiency of controls surrounding financial reporting. As a result‚ there will be supplementary work on designing‚ testing and auditing of controls if you come to a decision
Premium Auditing Audit Internal control