Detailed Findings Banking Operations Finding No. 1 Control Objective: 1.1 Clear Policies and Procedures on Banking Operations are not in place Inherent Risk Rating 1-9 Post Audit Residual Risk Rating 1-9 Increase in Residual Risk Finding 1. Policy and procedure manuals help to standardize service delivery and ensure that staffs carry out activities in accordance with how senior management and the Board want things to be done. However‚ although the key staffs at the branch (including
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Dear Hiring Committee‚ I would like to take this opportunity to express my devote interest in the position of Internal Audit Analyst for the Pinal County Office of Internal Audit. As a current Pinal County employee‚ I am excited and intrigued at the possible opportunity to further grow and be a part of our local government. During my time with the Treasurer’s office‚ I have gained a passion for providing for our citizens and the desire to afford heightened knowledge and service to Pinal County
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Haji-loannou has founded the EasyJet Airline Company Limited in 1995. Its theory might affect the perception of air travel with the vision of building a customer focused brand. Due to the research‚ (EasyJet.com 2011) has noticed that over 600 routes across more than 30 countries have been functioned. Over 8000 employees are working for the company which contain 2000 pilots and 4500 cabin crew. More than 29 million passengers carried by the largest airline company EasyJet in the UK. It is corporates
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Despite an increase in operating costs in 2010‚ Easyjet has achieved a remarkable performance compare to 2009. It has reinforced its position in short-haul travel aviation increasing its market share from 6.5% to 7.6%. Additionally‚ its total revenue per seat grew by 5.1&capacity measured in seat flown. Easyjet also managed to lower its underlying pre-tax loss increasing its cash-flow by million to million Table of Content Introduction I/ Easy Jet : General Overview II/ Comparison
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WorldCom: internal audit lessons to be learnt On June 9 2003‚ the U.S. Bankruptcy Court of New York issued a report on the WorldCom accounting fraud that expands on the court’s earlier findings of mismanagement‚ lack of corporate governance‚ and concern regarding the integrity of the company’s accounting and financial reporting functions. Supervised by former U.S. Attorney General Richard Thornburgh‚ the study was commissioned by the court to investigate allegations including fraud‚ mismanagement
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GOOD GOVERNANCE IN PUBLIC INSTITUTIONS OF GHANA: THE ROLE OF THE INTERNAL AUDITOR 5/5/2009 SCHOOL OF BUSINESS‚ UNIVERSITY OF CAPE COAST‚ GHANA ISHMEAL OFORI AMPONSAH (STUDENT) Table of Contents Introduction 1 Background of the Study 1 Problem Statement 2 Management Question: 2 Research Questions: 2 Hypothesis: 2 Objectives 3 Significance of Study 3 Literature Review 4 Definition of Internal Audit 4 Role of the Internal Auditor in governance 5 Methodology 6 Research Design 6 Population
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A baseline definition of internal auditing provides a starting point for understanding the roles and responsibilities of internal audit function. The Institute of Internal Auditors ("IIA") offers the following description: "Internal auditing is an independent‚ objective assurance and consulting activity designed to add value and improve an organisation’s operations. It helps an organisation accomplish its objectives by bringing a systematic‚ disciplined approach to evaluate and improve the effectiveness
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MPhil Internal Auditing IOK 821 – Communication Management Student No:xxxxxx Individual Assignment: Increasing the relevance/value of the internal audit function . Table of Contents 1. Introduction In this assignment will focus on how to increase the relevance/ value of the internal audit function in an organisation through the various aspects of communication. Drent ( 2002)‚ states that on daily basis internal auditors are faced with challenage to state their case
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Dankwa Index Number:-PGDBA/PM/022/0912 EVALUATE THE STRATEGIC IMPLICATIONS OF THE SWOT ANALYSIS MODEL OF AN ORGANIZATION OF YOUR CHOICE. Introduction: Strength‚ Weaknesses‚ Opportunities and Threats (SWOT) Analysis is an important device for audit and analysis of the overall strategic position of an organisation and its environment. It aims to elicit tactics which will generate an organisation specific operational model that will best align an organization’s resources and capabilities to the
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Corporate Governance‚ Internal Control and the Role of Internal Auditors – A Survey of Chinese Managers Author details: Dr. Jane J. Zhang School of Accounting‚ Economics and Statistics Edinburgh Napier University Business School Craiglockhart Campus Edinburgh EH11 1DJ‚ UK Tel: 00-44-131-4554448 Fax: 00-44-131-4554460 Email: ja.zhang@napier.ac.uk -1- Corporate Governance‚ Internal Control and the Role of Internal Auditors – A Survey of Chinese Managers Abstract This study investigates
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