External fixation

Today, many non-profit organizations mistakenly assumed that their employees and volunteers wouldn’t steal from them. Several organizations have been misguided in setting up controls with regards to safeguarding funds. Many non-profit organizations become breeding ground of fraudulent activities because of this lax control (Yetman, 2008) Implementing and monitoring good internal control management will help to guarantee that nonprofit organization reach their objectives, for example by providing…

Out-of-state offenses are automatically applied to customer records in STARS based on the AAMVA Code Dictionary (ACD) code entered. However, no control exists to ensure that the correct offense and point value are recorded when processing with ACD codes. A review of ACD descriptions and point values compared to Indiana offenses resulted in the following errors: • 8 of 386 (2%) of the partnered ACD offense descriptions did not match the description of the Indiana offense they were tied to • 14…

What do you think is causing Braddock's problem? I believe the underlying problem lies with Braddock’s new metal supplier. Ms. McCarthy believes that one of her employees, Shorty McCune is behind the incidents but I don’t believe so. Her concerns about McCune are only stipulations. If Shorty McCune was in fact drinking on the job, then that should be handled. Braddock’s problem is product quality control when it comes to inventory. Efficient product quality control was not present when Braddock…

Here are the compliance concerns/questions that I think we need to investigate (You may have already done this): How did anyone know of Ms. Preston’s compliance link? Does the sales person on the account have a history of compliance issues? Who wrote the letter? The client or the Sales Rep.? Did Jeanne forward you the letter from the client? Who are the BRLI players invovlved? My questions for each BRLI employee involved would be (including Gail Colon): Confidentialy --Did you ever…

Executive Summary This report examines the Role of the Auditor General in Canada. The Auditor General of Canada is Michael Ferguson and serves Parliament. The Auditor General and the Office of the Auditor General (OAG) perform legislative audits, which include: financial audits, performance audits and special examinations. The OAG audits the federal government, crown corporations and territorial governments. Within the OAG is the Commissioner of Environmental and Sustainable Development. The…

As the youngest of five, and of those siblings, three are brothers, I can relate to Sally from the chapter 14, Busybodies and Other Fact Tattlers. I always enjoyed tattling on my older brothers, no matter what it was. From the Focus on the Family story, I believe stating that whether Sally had the right intentions of tattling or not was a fantastic point to bring up. Looking back to why I tattled was more for the reasons of making myself look superior to my parents, or in some cases, because…

Part C. Monitoring, Auditing, Reporting Excellent management requires an organization to recognize that their ethics and compliance guidelines affect every decision and activities of the company. Therefore, it will guide the train of thought and action that will help develop the culture of the business in a subtle manner. An important factor for an ethics and compliance program is to include processes to measure its performance. The following will explain the processes AlphaTech will use to…

1) At Peregrine, the risk factors, especially those aligned with control environment factors and the “tone at the top” are discussed. The risks included having a paper based confirmation system for the entire business; no segregation of duties, which meant that only one or very few people were working on the financial statements, and in this case Mr. Wasendorf was the only one and had altered all bank documents using only Photoshop, excel, scanners, and printers. Continuing on, time off was not…

there were errors in the external validity in the article. For example, the title used testing ability to generalize the GRE reading and working memory increments which was incorrect because they were not appropriate operationalizations of the conceptual definition of testing ability. Nevertheless, the article adequately described the participants as undergraduates and stated the partial findings properly. Thus, the article reported the construct validity and external validity of the study with…

1. The issue of auditor liability is detrimental to the profession and requires serious examination by regulators and lawmakers alike. Any one of the Big 4 could easily collapse should the full amount of any one of their lawsuits be awarded. Auditor liability becomes an even more poignant issue if new auditing standards are enacted that permit ranges of balances on the financial statements. This would highlight the inherent limitations of financial reporting. As a profession, we need to…