Qanswer questions Essay Example | Topics and Well Written Essays - 250 words

Qanswer questions - Essay Example She used her position and to fraud the consultancy. Colluding with bricks supplier they defraud the firm a total of $ 100,000. Construction of the houses was halted due to insufficient funds this was five months after the fraud had taken place. The Chief Executive Officer of the firm instructed an auditor to examine what had happened. In his report, he suggested $ 150,000 had been spent and cannot be accounted. An organization should always try to assess the state of its employees who have influential power and monitor their acts (Frederickson, n.d). Domestic problems are hard to control if one has a chance to fraud the organization. For the firm to stop future frauds of this form then it should ensure construction materials are delivered, the foreman signs and a copy sent to the finance director. Inherent risks refer to those risks that can result in the misstatement of the audit if there was no any control at all. On the other hand control risks refer to those risks that cannot be mitigated by the current internal control and would result in the misstatement of the audit. As an auditor, it is expected of you to hand-in a non-bias and sound report. According to Hindson (2011), assessing the inherent risks for the organization will help an auditor have an overview of the anticipated risks in his auditing. The risks are narrowed down when he identifies control risks. The control risks make the auditor aware of the contentious areas where risks are likely to occur and go unnoticed (Tursi, 1989). For instance, there are times when the internal control to prevent fraud cannot detect and control fraud committed by finance director. In such cases, the auditor should be very keen when analyzing any financial activities initiated and authorized by the

Recycled toothbrushes make sense Essay Example | Topics and Well Written Essays - 250 words

Recycled toothbrushes make sense - Essay Example This partnership can strengthen the brand image of the company in front of people who are concerned about the environment and help recycline achieve its mission of preserving the environment. Additional ways the company can market its product is by using alternatives to plastic in its packaging. This will further indicate the company’s willingness to achieve better environmental standards. It can also use trash cans or other disposed material in its production facility to allow recycling. Furthermore, the use of environmental ways of marketing, such as planting a tea accompanied by company branding can also serve the purpose as customers will start to associate green with Recycline. As the company grows larger it will face significant challenges in enhancing its production. In order to maintain its motto of using recycled products, it will have to seek partnership with government and nongovernmental agencies to facilitate them in getting disposed material that can be used as potential inputs for their product. Furthermore they will also have to expand their wind production facility. Marketing will have to take the ATL course more often and spending on marketing will also have to be