User Account

All Pages

Compare existing internal control environment at microsoft

Assignment Help Accounting Basics
Reference no: EM131154670

THE ANSWER FOR EACH OF THE 2 QUESTIONS NEED TO BE AT LEAST 1 PAGE. PLEASE USE THE INTERNET AS A REFERENCE.

DISCUSSION

1. Compare the existing internal control environment at Microsoft to management's responsibility for designing effective internal controls outlined in the textbook, and identify the deficiencies that existed. Speculate on what types of internal controls could have been designed to detect the accounting irregularities, and provide at least two reasons why the internal controls that were in place at Microsoft were not effective in detecting the accounting errors. Provide specific examples.

2. Discuss the importance of senior management in setting the tone at the top for honesty and integrity within a company. Identify at least two consequences of management not establishing a code of ethics, and describe the impact on the internal control environment. Provide examples.

Reference no: EM131154670

Questions Cloud

Bolts and fasetners in the assembly process : Problem: How does a company that produces a finished product which uses nuts, bolts and fasetners in the assembly process plan its activities?
Douglass speech what to the slave is the fourth of july : Consider Douglass's speech "What to the Slave is the Fourth of July?"- does his anger take away from the effectiveness from his argument?
Principle of unity of command : In the context of management, what is the mean of the term, 'Principle of Unity of Command'?
Corrective action procedure to predict : Journal Post: Evaluate an organization's corrective action procedure to predict its effectiveness and to determine if improvement has been made when a change is put into practice.
Compare existing internal control environment at microsoft : Compare the existing internal control environment at Microsoft to management's responsibility for designing effective internal controls outlined in the textbook, and identify the deficiencies that existed.
Assignment-qualitynet website : Search the QualityNet website, click on "Hospitals - Inpatient." On the left hand column find "Data Validation" and "Specification Manual." (You will have to scroll down to find "Specification Manual".)
Terrorism stack against other manmade and natural threats : How does terrorism stack against other manmade and natural threats? Should the United States continue its approach to counterterrorism? How would you optimize the homeland security enterprise for the challenges and threats of the 21st century?
How can operational executor skills : How can Operational executor skills bring fresh perspective to the organisation?
A brief description on mental health : Explain how a lack of access to health insurance or transportation may have an effect on health disparities for this health issue and why.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Developing a capacity plan for a health care operation

ISO audits result in certifications that are done by first, second, or third parties. Which of the following result in the best certification of a firm?

  Spend on security analysis

You are an investment manager who is currently managing assets worth $6 billion. You believe that active management of your fund could generate between an additional one tenth of one percent return on the portfolio. If you want to make sure your a..

  Outram corporation is presently making part i14 that is

outram corporation is presently making part i14 that is used in one of its products. a total of 8000 units of this part

  Phelps corporations comparative balance sheet for the

phelps corporations comparative balance sheet for current assets and liabilities was as followsnbsp nbsp nbsp nbsp nbsp

  This overhead cost will be shared by the purchasing

tylers consulting company has purchased a new 15000 copier. this overhead cost will be shared by the purchasing

  Balance of the stock investments-king account

On January 1, 2010, Daley Corporation purchased 30% of the common stock outstanding of King Corporation for $600,000. During 2010, King Corporation reported net income of $200,000 and paid cash dividends of $100,000. The balance of the Stock Inves..

  An investor bought a stock this morning for 50 and plans to

an investor bought a stock this morning for 50 and plans to sell the stock one year from today. the investor believes

  Carlyon company listed the following equity items

Dec 28 retained earnings (debit), dividends payable;preferred and dividends payable;common as a credit, but am having trouble with the amounts.

  How the problem might be resolved.

Express your personal opinion. Identify those arguments from part (a) or part (b) that you found most persuasive. If you believe that the firm's independence has been impaired, make suggestions about how the problem might be resolved.

  Locate recent reports of sanctions imposed on accountants

locate recent reports of sanctions imposed on accountants including instances of at least one of each of the following

  Issued par value common stock for cash at par value

Issued the shares of common stock required by the stock dividend declaration in item no. 4 above.

  If brian sells property to lbc for a 6000 loss what amount

jbc corporation is owned 20 percent by john 30percent by bryan 30 percent by charlie and 20 percent by zcorporation. z

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd