Dear President

Dear President If LBJ family decides to go public, than you take away to set oppose register your compevery with the SEC. It also whitethorn be give to refine the tax inwrought control team to more(prenominal) than educated employees who know the public sector. In terms of this it may be best that you began to segregate the duties of your employees. In terms of interior control, the only thing right that I can denounce that LBJ is doing correctly is safeguarding the checks when the day is over. Also, the pre numbered checks is great because the checks pull up stakes be in order which will stick out you to allocate for any miss checks. I think it is a good melodic theme to ornament in the indelible ink machine because it will let in the company to assist in reconciling and imperious items that may have been used or non. This will allow you to keep company the documentation procedures of the internal controls. thither be many things this company is doing wro ng. For unrivaled, you need to segregate your employees. There should be more than star accountant and each one should have its primary focus.

There should be someone who orders the supplies and someone to authorise of the order. This will help oneself control and proctor that nothing is being order off of the company expenses. Each employee to have their duties effected to the T. Also, you need to ladder on the physical control of your assets; checks should not be remaining out for pick up. This should be wear monitored and should be locked up and only go into by one employee to distribute them as neede d. Giving all employees access to the subal! tern cash wind does not allow proper monitor of cash. Sincerely Sade WalkerIf you exigency to get a in force(p) essay, order it on our website: OrderCustomPaper.com

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