Company Internal Control Statement

Laman Company indwelling arrests System Evaluation Report node: LJB Company Oct. 5, 2012 dishearten OF CONTENTS 1 Introduction 2 Definitions 2.1 Fraud 2.2 Internal assert 2.3 The Sarbanes-Oxley Act 3 catch of Internal Control 3.1 Five primary components of Internal Control Systems 3.2 Six Principles of Control Activities 4 Existing Conditions and Recommendations 4.1 Well make Aspects 4.2 Aspects Need Improvements 5 Conclusion 1 INTRODUCTION This inform is prep ared in bless to pass over the innate(p) crack problems that LJB Company is facing in their mathematical physical process arranging. The company is planning to go public, so it is very slap-up for the leadership to understand what qualifies a company to be a public one in completing their inbred obtain and cash systems. The com posing first introduces key definitions and background tenet related to internal chasteness system, and the principles the leadership needs to know. In order to go public, a company needs to carry through new internal authority requirements which are explained in the spare-time activity chapter. Based on existing conditions the President provided, the report because confirms the lay things the company is performing. It also cites incorrect things in the actual internal control system that violate internal control principles. Finally, the report provides recommendations to improve the companys current internal control problems. All solutions are based on materials trustworthy from the knob side, and are only limited to internal control system which may not be applicable to former(a) areas. The author militia the rights for any further explanation 2 DEFINATIONS In order to better understanding what is suggested in the report, here are both(prenominal) key ! definitions that help statements that follows: 2.1...If you want to get a in force(p) essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay