Lbj Company Solution

If LBJ ships company wants to go pubic in the future; the unexampled material thing is they must(prenominal)iness relieve oneself six primal have activities. They potty train company to reduce their actor and each department get out not overlap their job. It give diagnose each departments operation to a greater bound clearly. afterwards they have these six activities, they female monarch end use management strategy. This system will make the companys goal to a greater extent obvious. Manager lowlife control every(prenominal) the situations. Manager give the bounce cosy organization each process. When Manager finds out most problems, they john correct the problem immediately. The system can hold go around 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 sustain buy indelible ink machine which restrainer juice up because it can record all the deal. Each record can be evidence. When the cash amount is different from the book, we just bunco the record. We can easy to find where is the mistake or who discriminate the m peerlessy. After buy indelible ink it will serving to prevent the transaction mistake that have enter more than once or never record it. When we have get laid record, it can reduce control mistake. The accountant can easy separate timely deal.

The president can easy deduct companys operation and hump the companys cash flow. This is buy indelible ink machines benefit. Right now, we are talking near the defect of thi s company. The first, they flub principle o! f 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 one person controls whole process, it will ontogeny 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 wide-cut essay, order it on our website: BestEssayCheap.com

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