Case Study 2-Internal Controls 2014 ACCT 504 Table of Contents I) Introduction II) Internal Control Requirements-Sarbanes/Oxley Act III) Internal Controls-Strengths IV) Internal Controls-Opportunities for Improvement Introduction It has come to the attention of the president of LJB Company that an evaluation is needed to determine the reliability and level of compliance of the company’s
Premium Internal control Auditing Corporate governance
2 – Internal Control ACCT504 Elicia Myrieckes October 4‚ 2014 1. New Internal Control Requirements If the Company Decides to Go Public. If the company decides to go public it should include in its annual reports the company’s internal control over financial reporting. This report must include: a statement of management’s responsibility for establishing and maintaining adequate internal control over financial reporting; management’s assessment of the effective of internal control as of
Premium Internal control Management Auditing
Professor’s name: Subject code: Student’s name: Due date: What Lincoln meant when he called United States “a house divided” and how the country was at odds over the economic systems of the south and the principles of the nation? The origin of the phrase is the Bible‚ in the gospel of Mark 3:25 and Mathew 12:25Jesus said the house divided speech was given by Abraham Lincoln in 1958 in Illinois state capitol in Springfield during campaigns. In this metaphor “a house divided” the house stands for the
Premium American Civil War Abraham Lincoln United States
needed to be produced in order to win the war. The U.S. was able to produce 2.3 million portions of penicillin in order to prepare for the D-Day invasion of Normandy. Penicillin soon was known as the “miracle drug” of the war‚ curing diseases and saving the lives of millions. The discovery of penicillin changed the lives of everyone on the globe‚ but it also changed the course of medicine. With the development of penicillin‚ diseases that were once seen as fatal‚ such as bacterial meningitis and pneumococcal
Premium Bacteria Penicillin Antibiotic
my internship I was sent to the Janata Bank Limited (JBL)‚ under the supervision of Ms. Rehana Fowzia‚ Assistant Professor‚ Department of Business Administration Stamford University Bangladesh. My supervisor asked me to prepare a report on internal control system of nationalized banks of Bangladesh in internal auditor’s perspective including a survey questionnaire. I personally was so interested about the topic. That’s way I have chosen the topic “Effectiveness of Internal Control Systems of Nationalized
Premium Bank Central bank
Samurai’s armour? The most important part about the samurai’s life is living by the bushido‚ or the amour Medieval Japan had when they fought in their battles. Armour and bushido were what made a samurai a samurai. They had an honor code‚ which was Bushido‚ and it was the bravery and sacrifice of a warrior. They used the armour to protect themselves when they were in a battle. Samurai are important because of their bravery‚ honor‚ and disciplined training. Samurai are important because of bravery in
Premium KILL Beowulf Samurai
2.1 Questions 1 What changes in the work situation might account for the increase in productivity and the decrease in controllable rejects? Answer: As per the information in the case study‚ the morale of the employee’s involved in the manufacturing of Hotplates is extremely low. Due to this the controllable rejects are almost 23%. The reasons behind lack of employee motivation are analyzed as repetition of work and partial involvement that lack the outcome. To overcome the problem management decided
Premium Management Assembly line Mass production
includes flossing your teeth at least once a day? We know flossing is not something that anyone really enjoys doing because it can be very uncomfortable. Gateway Family Dentistry located in Murfreesboro‚ Tennessee wants you to know what can happen to your teeth when you don’t floss. Don’t you want to have a healthy smile? A vital part of keeping a healthy smile is to floss daily. Not flossing daily hurts your overall oral health a lot more then you may realize. A few things can happen to your
Premium Oral hygiene Dentistry Dental caries
to ask first in order to satisfy any curiosity on the issue or see if they really do share common interests. First of all‚ why are they referred to as the pillars of Islam‚ and what does each signify? Can a transformation really be achieved in an individual’s life by submitting to either Allah or God and observing what the symbol of the pillars might signify within each ones particular religion? Can one find comparable principles and practices that provide proof of a similar comprehensive lifestyle
Premium Islam Christianity
The Mission of Constantine and Methodios to central Europe was one on the most important missions because of the cultural and political developments in the European countries. It was during the time the “Photian Schism” had become a big controversy concerning Christianity between the West and the East of Constantinople. The conflict between the church and the state allowed the Mission of Constantine and Methodios to be a success in the central Europe. The conflict between the church and the state
Premium Roman Empire Christianity Constantine I