Write a report on internal controls

Assignment Help Accounting Basics
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

Reference no: EM13563


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