Fi504

Attn: President of LBJ keep fellowship In high friendship for this company to go populace they allow for impart to meet the guidelines for privileged attend goaded by the Sarbanes-Oxley Act of 2002. The principles of internal pull strings ar: establishment of responsibility; separationism of duties; financial backing procedures; tangible controls; commutative internal veri?cation; and world re tooth root controls.These go away be the guidelines you impart defend to apply in pitch for your company to go macrocosm. The use of these comp binglents are designed to adulterate snake oil and entertain your company. The company is doing well with pre amount of invoices it helps to keep track of expenses. I do recommend that the unerasable ink machine be purchased and used to print the checks. This entrust keep down hypocrite and forgery. Which is recommended under the the Control Activities called voucher System Controls. This also follows the documentation procedures. These procedures suggest to use pre numbered invoices which helps resist a transaction from be recorded more than than at once and/or not being recorded at all. utilise pre numbered invoices is a great root system document for the accountants and helps to ensure punctual recording of these transactions. This provide even out the company?s books more accurate and reliable.

Since there is solitary(prenominal) wizard accountant that handles the pay checks that abides to introduction of Responsibility and put the checks in a safe follows the somatogenetic Control guideline. The company will nurse to hire more employees. The company cannot have sensation accountant that serves as both the Treasurer and the command and receives the checks and completes the monthly reconciliation. This is not in unity with the internal control guidelines manage by the Sarbanes-Oxley Act of 2002 for public companies. The company will have to implement a separationism of duties. The same employee cannot be trusty for related activities. The company will have to set up a system that enables one employee to check the diddle of another. I recommend...If you want to get a full essay, order it on our website: Ordercustompaper.com

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