Recommendation Brief For An Internal Auditor

Internal control is a process aimed at achieving objectives cerebrate to (1) effectiveness and efficiency of operations, (2) reliability of fiscal reporting, and (3) compliance with germane(predicate) laws and regulations. Internal auditing is responsible for evaluating the controls and making recommendations for improvement when controls are non workings as intended(Keith, 2005). Control environment At my received place of employment the state has implemented a all-encompassing form to control payments made to Day sympathize with Centers, Registered provides, and position providers. This strategy is called the Eppic scheme, which allows me to make adjusted payments to the Providers who allow a screen contract. Cards were issued to all invitees who are eligible for frycare benefits such(prenominal) as financial aid. The cards are used for the clients to scam and sign their children in and out. This helps the state keep track of distributively child receivin g assistance and it alike help monitor the providers payments if they do not have a valid contract the client will not be able to swipe their child in and out. The system helps eliminate fraud and allow the independence of providers to stay on top of their payments. The system will also show how honorable the Daycare organizations are.

Risk assessment The state ran a pi hole broadcast in a small county examination out the new Eppic system, which appeared to be a success for the program. The risk the state face is the fact that my county is very large and the system is not working to well. The state created th e program based on one program that we use w! hich is called New Jersey take for Kids program that provides financial assistance. The State did not consider the afoot(predicate) program I currently work in which is called the spiel archetypical New Jersey program this program is utilized by clients who need government assistance like regimen stamps and immediate payment benefits. The system is supposed to eliminate a lot of manual payments but instead it created more. Clients...If you want to get a amply essay, order it on our website: OrderCustomPaper.com

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