Reference no: EM13563

Write a report on Internal Controls.

Include the following:

• An introduction to internal controls, explain the two primary goals of internal control
• A description of how the Sarbanes-Oxley Act of 2002 has affected internal controls
• An explanation of why a company that announces deficiencies in its internal controls could probably experience a fall in the price of its stock
• A synopsis of what you consider to be the limitations of internal controls - Cite specific examples.
• A comparison of the internal control principles of (1) establishing responsibility, (2) using physical, mechanical, and electronic controls, (3) segregation of duties, and (4) independent internal verification.

Report inhibits:

• An Overview
• Limitations of internal controls
• References

Word count : 1,050

Reference style: APA format