It Internal Control

IT privileged Control Report Joe Gish ACC/544 November 5, 2012 Elizabeth S. Thornton November 5, 2012 To: Senior Management From: Joe D. Gish, restraint RE: Internal Controls practiced Senior Management: Our inseparable controls here at Apollo, I believe need to be ascertained once more. Internal controls ar vital to our organizations success, as we progress to an elite distributer of shoes in a globalized market. If our internal controls are deficient, and so we go forth suck severe problems and adjustments to be done at audit time, which pull up stakes be detrimental to the whole company. The auditors will test us vigorously to down the state of our organization. The biggest landing field of tinge I see is in our gross hertz. I inclination to do a full investigation on how our invoices go, and to pick up the monies billed are being collected on a timely fashion. This directly affects our: bottom line, cash collections, and equipo ise sheet. I need to coordinate with Ms. Ramirez in Internal examine to cursorily devise a plan to test these controls. In addition, I feel a need to trace the invoices, proceeds to see how they exactly fit in on the financials. If the internal controls are lacking in this area, our: sales, cash, and accounts receivable figures could be grossly all told over/understated. If this is the case, the upcoming audit will prove to be dispiriting to us and our shareholders. If material misstatements are found in our financials our demarcation price will also plummet. Our report essential be accurate, because this is going to be filed with the Securities Exchange Commission (SEC). Because a managerial report on internal controls is mandated by conventionality 404 of Sarbanes Oxley, ergo we have to be certain our controls are up to par. I will work with Ms. Ramirez to identify the problems in the revenue cycle by checking approval on the invoicing side. We need to ensure all invoices are properly approved by! the conterminous executive program and each invoice is checked by the compliance...If you emergency to strike a full essay, order it on our website: OrderEssay.net

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