Provide an original and substantive response to the questions posed
in your Assignment in a minimum of 200 words. See Assignment rubrics here.
You read about various internal controls that should be in place for
ensuring sound operations and transaction processing. Internal control
is a favorite topic of auditing students, since a lot of the internal
controls you learned about can be applied to your jobs right now!
Students enjoy bringing these internal control suggestions to their
supervisors to improve processes.
- What are some control weaknesses you now see at your current (or past) jobs that you did not see before?
- What are your suggested improvements?
- If you do not have work experience to apply internal controls to,
what are some controls you learned about that you were not aware of
previously? Explain those controls and how they help prevent errors and
fraud.
