Set up an internal control system

 

Assume that you are given an assignment to set up an internal control system for your new, small but rapidly growing, company.

Tell what type of company you are designing this system for.
Using the information in the text chapter readings, in your own words discuss the objectives of this system, the elements you would use, and how you would use them.
Describe at least 3 risks and specific procedures to deal with them. How do they meet the objectives you established?
What might tell you if the system is not working correctly?
Support your answers with examples and research and cite your sources using the APA format.

 

 

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