Lbj Company Solution

If LBJ gild wants to go pubic in the future; the novel material thing is they mustiness generate six domestic have activities. They potty train company to reduce their artifice and each department leave alone not overlap their job. It leave play each departments operation to a greater cessation clearly. afterwards they have these six activities, they have on end use management strategy. This system will make the companys goal to a greater extent obvious. Manager target control every(prenominal) the situations. Manager provide soothing organization each process. When Manager finds out most problems, they preempt correct the problem immediately. The system can hold reach fraud also because manager cannot let employee cheating. Management must design policies and procedures to address the specific risks by the company. The president has to attend buy indelible ink machine which restrainer instigate because it can record all the deal. Each recor d can be evidence. When the cash amount is different from the book, we just hornswoggle the record. We can easy to find where is the mistake or who drop off the m peerlessy. After buy indelible ink it will serving to prevent the transaction mistake that have save more than once or never record it. When we have get laid record, it can reduce controller mistake. The accountant can easy separate timely deal. The president can easy deduct companys operation and accredit the companys cash flow. This is buy indelible ink machines benefit. Right now, we are talking rough the defect of this company. The first, they flub principle of control activity of separationism of duties activity. The problem is on the accountant. When they buy ink machine, the accountant is financial officer and controller. The accountant purchases all of the supplies and pays for these purchases. Another thing is the accountant receives the checks and completes the periodic bank reconciliation. When on e person controls whole process, it will ad! d possibility of fraud. The accountant can make false accounting. If the LBJ Company wants to improve their internal system, they...If you want to get a estimable essay, order it on our website: BestEssayCheap.com

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