INTERNAL CONTROLS SYSTEMS Name Institution Course Lecturer The company I choose is Warren Company department of finance. The finance department is responsible for maintaining the company accounting system providing financial statements for the internal and external uses. The finance department also deals with monitoring training of new accounting staff and making best finance recommendation in order control access by employees’ hence ensuring security and safety of company information and property. References GTAG G. (2012). Global Technology Audit Guide (GTAG) Information Technology Risk and Controls 1(2) 1-8. Retrieved from chapters.theiia.org S. & Nadeem M. (2010). Risk Management and Internal Control 1(1) 1-12. Retrieved from www.diva-portal.org Internal Controls. (2017.). UNDERSTANDING INTERNAL CONTROLS 1(1) 1-5. Retrieved from http://www.asu.edu/fs/documents/standards_of_internal_controls.pdf [...]
Consider your workplace (current or former) and identify any internal control procedures that you have seen implemented. Were they effective? Why, or why not? (If you do not have current or prior work experience, identify a place that you have observed internal controls in place, such as a store where you shop.