internal weaknesses Essay

Submitted By eklipa
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Pages: 2
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Internal Weakness
Company’s Internal Control workers lack the experience and training to perform their functions correctly. CPA certification is nonexistent whiting internal auditors only Chief Audit Officer is certified and his certification was received online which is very suspicious.
One of the employees working as a machine operator which responsibility is to separate the gold and green spheres is blind. Her employer does not know that because there is no policy in the company that requires vision check for employees.
Fraud risk
Associates in shipping department and receiving department are cross trained this can lead to assets misappropriation and other documents can be easily modified unnoticed by anybody else.
Alchemy’s employees are unaware of company’s code of conduct no one ever has officially communicated or distributed a copy. Without proper code of conduct if an employee’s misconduct they legally cannot be held accountable for their misconduct because of improper communication of company’s policies.

Internal Weakness
Company’s Internal Control workers lack the experience and training to perform their functions correctly. CPA certification is nonexistent whiting internal auditors only Chief Audit Officer is certified and his certification was received online which is very suspicious.
One of the employees working as a machine operator which responsibility is to separate the gold and green spheres is blind. Her employer does not know that because there is no policy in the company that requires vision check for employees.
Fraud risk
Associates in shipping department and receiving department are cross trained this can lead to assets misappropriation and other documents can be easily modified unnoticed by anybody else.
Alchemy’s employees are unaware of company’s code of conduct no one ever has officially communicated or distributed a copy. Without proper code of conduct if an employee’s misconduct they legally cannot be held accountable for their misconduct because
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