Explain the principles of internal control

Assignment Help Managerial Accounting
Reference no: EM131253146

Question:

Write a 750- to 1,050-word paper in which you:

Explain the principles of internal control.

Explain the use of cash and internal controls to prevent fraud.

Explain why corporations invest in stocks and debt securities.

Explain how debt and stock investments are reported in financial statements.

Format your paper according to APA guidelines.

Cite 3 peer-reviewed, scholarly, or similar references to support your paper.

Verified Expert

Cash control is essentially a critical financial function in any organization. The current discussion presents the internal controls, principles of budgeting, classification of assets etc.Also there is discussion to investigate the reasons for why organizations invest in stocks and bonds.

Reference no: EM131253146

Questions Cloud

Organizational development and human resources : Write a 175- to 350-word short paper that explains how Human Resource functions relate to organizational development. Click the Assignment Files tab to submit the assignment.
The information technology outsourcing business : What recommendations would you give to the Brazilian government and its outsourcing industry in order to improve their prospects for success in building a strong international competitive position in the information technology outsourcing business?
Analyse and reflect on given three interrelated scenarios : you are tasked with researching the impact of introducing performance management initiative on the motivation of staff in your location. You are to make recommendations to the board, specifically on how the proposed initiative will impact on their..
Implementation of an integrated delivery system : Determine a key aspect of a health care facility's culture that is necessary to support the implementation of an integrated delivery system. Support your response.
Explain the principles of internal control : Explain the principles of internal control - Explain the use of cash and internal controls to prevent fraud.
Database for a new point of sale : Your team has been asked by a small retail client, SmallMart, to create the underlying database for a new point of sale (POS) system. You will be going through the Database Development Life Cycle, beginning with the analysis of requirements and e..
Use of an enterprise software systems : Analyze the use of an Enterprise Software Systems (ESS) in a health care organization with regard to its effects on operational outcomes. Select one of the following applications, and recommend three specific ways that the application you selected..
Prepare a business profile for a hospital in your area : Choose a Hospital in your area and research their website to prepare a business profile. Using the items outlined in your text, do enough research to provide at minimum the information.
How to draw latimer diagrams for oxygen : how to draw Latimer diagrams for oxygen, nitrogen, manganese and copper in acidic medium and for chlorine in both acidiic and alkaline medium. Please sir help me.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

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