Chapter 7 – Internal control Internal control – steps taken by business to prevent fraud – misappropriation of assets and fraudulent financial reporting‚ COSO defines IC as means to an end Achievements of objectives in the area of financial reporting‚ operations‚ compliance with law and regulations Foreign corrupt practices act: Transactions authorized with the knowledge of and authorization of management Means of achieving internal control – preventive control – prevents fraud ex: segregation
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Conclusions Recommendations Appendices Bibliography/Reference list A strategic analysis of the industry is being done to determine the attractiveness of the South African Industry. To keep a sustainable competitive advantage over time an external analysis will help to determine the opportunities and threats in the operating environment that influence organizational objectives. Macroeconomic factors have to be looked at because they are part of this operational environment. The country and
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monitor and evaluate customer service to internal customers - Knowledge Questions 1. Understand the meaning of internal customer 1.1 Describe what is meant by internal customer Internal customers are people within your own organisation such as employers or colleagues who you provide a service for‚ e.g. 2. Know the types of products and services relevant to internal customers 2.1 Describe the products and services offered by own organisation to internal customers 3. Understand how to deliver
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Data Security and Regulations SRK Abstract This paper discusses data security‚ its importance and implementation. The way threats are posed to information of organizations is also discussed. There are plenty of leakage preventive solutions available in the market. Few of them are listed in the paper. There is a list of regulations governing data security in financial and healthcare sector at the end. Data Security and Regulations As we are advancing into information age‚ more
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Programme Management Office Project Charter & Scope Statement Project Title: Project ID: Project Sponsor: Project Manager: Charter approval date: Project and Module Data Project Brian Norton‚ President Liam Duffy‚ IS Services Document Control Date 30-01-12 02-02-12 10-02-12 16-03-12 Version V 1.0 V 2.0 V 3.0 V 4.0 Changed by Liam Duffy Liam Duffy Liam Duffy Liam Duffy Reasons for Change Original Document Consultation with Sponsor Consultation with Project
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1) ________ is data that has been organized or presented in a meaningful fashion. 1) _______ A) A number B) Information C) A symbol D) A character 2) Which of the following is NOT one of the four major data-processing functions of a computer? 2) _______ A) storing the data or information B) gathering data C) analyzing the data or information D) processing data into information
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1.16 ECONOMIC ENVIRONMENT The economic environment constitutes to economic conditions‚ economic polices‚ and the economic system that is important to external factors of business. The economic conditions of the country include: • Nature of the economy of the country. • The general economic situation in the region‚ conditions in resource markets like money‚ material‚ market raw material components‚ services‚ supply markets and so on which influence the supply of inputs to the organisation‚
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relational modes‚ cardinality is termed as: (A) Number of tuples. (B) Number of attributes. (C) Number of tables. (D) Number of constraints. Ans: A Q.2 Relational calculus is a (A) Procedural language. (C) Data definition language. Ans: B Q.3 The view of total database content is (A) Conceptual view. (C) External view. Ans: A Q.4 Cartesian product in relational algebra is (A) a Unary operator. (B) a Binary operator. (C) a Ternary operator. (D) not defined. Ans: B Cartesian product in relational algebra is
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Running head: INTERNAL CONTROL Tarsha Jackson Internal Control Walden University ACCT # 6650 Forensic Advance Audit Topics February 10‚ 2013 Internal Control The detection of fraud is depending on what type of fraud and the internal controls that are in place. Rancher‚ Riley and Wells (2011) reported “Statement on Auditing Standards (SAS) No.99 “Consideration of Fraud in
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Executive Summary We recommend a single internal structure that includes all job families‚ and uses the same job point evaluation plan to evaluate all positions. The single structure will allow us to evaluate employees on an equal level and it will be easier for the employees to follow. The job point evaluation consists of a grand total one thousand points with 25% weighted towards Education‚ 20% weighted towards Experience‚ Technical‚ and Creativity/Innovativeness‚ and lastly 15% weighted towards
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