Explore BrainMass
Share

This post creates a sample document for a business.

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Create a financial statement or document that a business might use to account for losses, damaged goods, and stolen inventory. How does it work?

© BrainMass Inc. brainmass.com October 17, 2018, 4:46 am ad1c9bdddf
https://brainmass.com/economics/finance/this-post-creates-a-sample-document-for-a-business-477848

Solution Preview

Sample report in the attached Word Document:

Loss Report for Damaged Goods, Stolen Inventory, and other Losses
Inventory Item____________________________ Date Discovered_____________________
Inventory Tag/ID# __________________________ Investigated By ___________________
Related Police Report/Corporate Report #__________ Purchase Date of ...

Solution Summary

The solution creates a sample document that a business might use to account for losses, damaged goods, and stolen inventory.

$2.19
Similar Posting

In order to help us pursue this topic, let first consider thr following question: Why is it important to identify and assess IT risk before developing IT internal controls?

For effective control, management must also develop, enforce, and adhere to the control systems in place. We noted in previous weeks that companies can reduce the risk of compromising information captured in their AIS through control systems. As discussed in Hunton, Bryant and Bagranoff, in recent years, there is an increased emphasis in risk based audit model in contrast to control-based models. This is a very interesting shift.

In order to help us pursue this topic, let first consider the following question: Why is it important to identify and assess IT risk before developing IT internal controls?

Please search for a filing on Diagnostics Inc at http://sec.gov/edgar/searchedgar/companysearch.html, I also attached their k10 locate the most recent 10k report and share your thoughts on the independent auditor's assessment of the internal controls of the company.

View Full Posting Details