Overview: Internal control is a process designed to provide reasonable assurance of the achievement of objectives relating to operations, reporting, and compliance during an audit of internal controls

Overview: Internal control is a process designed to provide reasonable assurance of the achievement of objectives relating to operations, reporting, and compliance during an audit of internal controls. Auditors are chiefly concerned with those controls that impact financial statements and cause a risk of material misstatement.

Prompt: For this first milestone, you will begin creating your audit plan for Robbins Network Services (RNS), the company in your final project scenario. You will analyze RNS’s business environment, including the standard business transactions performed by the company, business risks, impact of current events, and potential ethical issues, and determine the types of internal control that may be needed.

Specifically, the following critical elements must be addressed:

I. In a concise memo, evaluate the internal controls of RNS.

Describe the major financial business transactions of the company. Include appropriate research to support your answer.

Evaluate the highest business risks associated with this company. What makes you believe these specifically are the highest risks? Provide

appropriate research or data to support your reasoning.

What would you suggest are the appropriate types of internal controls for this industry? Why?

Describe ethical issues involved with this company and industry that would have a direct effect on the outcome of a financial audit. How could

these issues be addressed?

Analyze current events for their impact on this company’s risk and internal control in the future. Include documentation of these current events.

Rubric

Guidelines for Submission: The memo should follow these formatting guidelines: approximately 3-4 pages, double spaced, with 12-point Times New Roman font, one-inch margins, and citations in APA style. Be sure to make revisions to your final project based on the feedback you receive from your instructor on this milestone.







Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Enjoy 10% OFF today with the coupon code: save10