Lbj Company Solution

If LBJ beau monde wants to go pubic in the future; the piercing material thing is they mustinessiness put one over six indispensable have activities. They potty train company to reduce their machination and each department bequeath not overlap their job. It go out hold each departments operation to a greater close clearly. afterwards they have these six activities, they sissy end use management strategy. This system will make the companys goal to a greater extent obvious. Manager sight control every(prenominal) the situations. Manager back snug organization each process. When Manager finds out most problems, they suffer correct the problem immediately. The system can hold clear-cut fraud also because manager cannot let employee cheating. Management must design policies and procedures to address the specific risks by the company. The president has to get together buy indelible ink machine which restrainer actuate because it can record all the deal. Each record can be evidence. When the cash amount is different from the book, we just pick up the record. We can easy to find where is the mistake or who fall away the m peerlessy. After buy indelible ink it will serving to prevent the transaction mistake that have put down more than once or never record it. When we have get laid record, it can reduce restrainer mistake. The accountant can easy separate timely deal.

The president can easy deduct companys operation and survive the companys cash flow. This is buy indelible ink machines benefit. Right now, we are talking roughly the defect of this compa ny. The first, they flub principle of contr! ol activity of separatism of duties activity. The problem is on the accountant. When they buy ink machine, the accountant is financial officer and controller. The accountant purchases all of the supplies and pays for these purchases. Another thing is the accountant receives the checks and completes the periodical bank reconciliation. When one person controls whole process, it will add possibility of fraud. The accountant can make false accounting. If the LBJ Company wants to improve their internal system, they...If you want to get a rich essay, order it on our website: BestEssayCheap.com

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