SUMMER-2015 Get solved assignments at nominal price of Rs.120 each. Mail us at: subjects4u@gmail.com or contact at 09882243490 Master of Business Administration- MBA Semester 3 MF0013–Internal Audit & Control-4 Credits (Book ID: 1733) Assignment (60 Marks) Note: Answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Each Question carries 10 marks 6 X 10=60. Q1. Describe & explain the term auditing. “Personal qualities of an auditor are
Premium Internal control Auditing Internal audit
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
Premium Employment Responsibility Internal control
The los Angeles Dodgers will win the world series in 2013 because of a few reasons: yasiel Puig‚ number 66 Clayton Kershaw‚ number 22‚ Era at 1.83‚ lead the national league in strikeouts and era‚ will win Cy Young Amazing Fielders Orioles rock because of Weiters‚ davis‚ Hardy‚ jones‚ machado‚ markakis‚ and mclouth‚ and Roberts and Valencia. George Washington (1732-99) was commander in chief of the Continental Army during the American Revolutionary War (1775-83) and served two terms as the
Premium George Washington
nothing to be found. There were no programs and no backup tapes. The manager then made a decision to run the machines with programs that already had been loaded the day before and the machines run like that some‚ for days‚ some for weeks until they choked inventory or exhausted their raw material (Gaudin‚ 2000). During the crash Tim Lloyd‚ a former employee‚ who had been fired just three weeks ago‚ have been called‚ as he was the one responsible for the security of the system and maintenance the back
Premium Backup
Payroll In a company‚ payroll is the sum of all financial records of salaries for an employee‚ wages‚ bonuses and deductions. In accounting‚ payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll plays a major role in a company for several reasons. From an accounting perspective‚ payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and they are subject to laws and regulations. Definition
Premium Time
IN/LOG OUT WITH PAYROLL SYSTEM FOR FH COMMERCIAL INC.” 2. AREA OF INVESTIGATION: The proposed topic “Biometric Fingerprint Scan Log In/Log Out with Payroll System for FH Commercial Inc.” will be created using Code Gear Delphi2010 and Seagate Crystal Report. The Payroll System will be connected with the Biometric Fingerprint Scanner. The scanner‚ aside from providing accurate and efficient monitoring of the employees’ time and attendance‚ will also make payroll computation faster. The
Premium Biometrics
Risks and Internal Controls for Kudler Fine Foods ACC/542 June 3‚ 2013 Jana L. Highwort‚ MBA University of Phoenix Risks and Internal Controls for Kudler Fine Foods Internal controls are policies and procedures a company uses to ensure the accuracy and validity of their data. Risks are threats to that data that could be internal or external of the company (Hunton‚ Bryant‚ & Bagranoff‚ 2004). The following paragraphs will identify and analyze the risks and internal controls as they relate
Premium Internal control Audit Security
STANDARDS OF INTERNAL CONTROL Issued April 2007 Table Of Contents I. II. III. IV. V. VI. VII. 1.0 2.0 3.0 4.0 5.0 Preface Objective Scope Process Responsibility Fraud Revisions Introduction General Control Requirements Quick Reference Revenue Cycle 2.1 Order Entry/Edit 2.2 Loan/Financial Aid 2.3 Billing 2.4 Accounts Receivable 2.5 Collection 2.6 Cash Receipts Procurement Cycle 3.1 Supplier Selection and Retention 3.2 Purchasing 3.3 Receiving 3.4 Accounts
Premium Internal control
Report: Control Measures | February 14 2013 | Grade 12- Accounting | | Stock holding and security Brittany Fashions is an international company which supplies young women with modern clothing and accessories. In order to make sure this business will be successful in South Africa a criteria has to be met to ensure the businesses stability. Brittany Fashions will be importing their clothing and accessories from a supplier in China‚ this is due to the high costs involved when selecting
Premium Inventory Asset Depreciation
“ What a beautiful day for some Dodger baseball‚” Commented Vin Scully‚ with this legendary saying you knew that it was indeed a good day for baseball. The Commissioner of Baseball was driving down the highway on his royal blue Ferrari‚ casually listening to any baseball game that was on the radio. Normally a Cubs‚ Braves‚ or dodgers game is broadcasted. Thankfully the commissioner got in his car right as the first pitch was thrown. Knowing the Hall of Fame induction was tomorrow‚ The commissioner
Premium Automobile English-language films Debut albums