In the case of Goodner Brothers‚ Inc. ‚ the six key control weakness were no proper segregation of duties‚ no proper procedure on recording documents‚ lacking monitoring on performance review‚ low gross profit margin than benchmark‚ no control on accessing to the accounting system and inventory storage and too depends on the honesty of the employees. Woody Robinson know very well that the company have these weaknesses that give him the chances to enter the hole to start the fraud activities. Firstly
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Identifying relevant Malaysian Financial Reporting Standard with Inventory Cycle Referring to have been stated above‚ the selected company was a small sized entity and therefore‚ the processes under its inventory cycle was not complex like those in retailers as well as manufacturers. Figure 1.1 Inventory cycle with shaded area for activities related to MFRS Principally‚ the fundamental issue in accounting for inventories is to define the amount to be recognized as asset as well as amount
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– HOW SECURE IS IT? by Chris Bradley ITT Technical Institute Information Systems Security student November 23‚ 2010 Dr. French: This report on “Wireless Network Security” is submitted in accordance with your assignment for November 23‚ 2010. Sincerely‚ Chris Bradley ABSTRACT For this project‚ I asked the question “is wireless network protection truly safe?” My literature search led me to conclude that‚ if consumers use the most up-to-date and secure wireless
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UNILEVER SECURES ITS MOBILE DEVICES Case Study Questions 1. How are Unilever executives’ wireless handhelds related to the company’s business performance? Unilever is a giant company that operates in several countries throughout the world. This great manufacturer and supplier of fast-moving consumer goods (products) employs managers all over the world. When they are mobile‚ these managers have to have access at any time to their company’s data and need to operate on different wireless
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March 28‚ 2013 Dear Friend‚ I am glad that you are asking for my help to know more about security threats of wireless LAN. I just have learned in my Business Data Communications and Security class about these threats and how they could affect your business. Once you set your wireless network‚ you need to make sure that it is not available to be used by unauthorized people from both inside and outside your company. You can fix such an issue by changing the primary user name and password of
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ASOS PLC 1. Carry out a background research on your proposed client and obtain as much information as possible about your client in particular and about the market sector which your client operates in. ASOS originates from or is an abbreviation for “As Seen on Screen” indicating its method of operating business in other words online retailing. It was founded by Nick Robertson and his business partner Quentin Griffiths and it was incorporated in 2000 by its current Chief Executive Officer Nick
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AUDIT METHODOLOGY A systematic environmental audit consists of 3 main stages: Pre-Audit On-site Audit Post Audit All 3 stages need to be fulfil in order to complete the audit procedure on water quality management which to ensure clean water is to be preserved to be consumed by the end user. Pre-Audit Pre-audit is the first step in the audit procedure. During a pre-audit‚ a company or individual’s financial documents are examined to ensure that all information is correct before the company or individual
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SECURE ATM BY IMAGE PROCESSINg ABSTRACT This paper encloses the information regarding the ‘IMAGE PROCESSING’. And discussed one of the major application of image processing ‘BIOMETRICS’. Biometrics technology allows determination and verification of ones identity through physical characteristics. To put it simply‚ it turns your body in to your password. We discussed various biometric techniques like finger scan‚ retina scan‚ facial scan‚ hand scan etc. Two algorithms have been proposed by taking
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Three attacks in SSL protocol and their solutions Hong lei Zhang Department of Computer Science The University of Auckland zhon003@ec.auckland.ac.nz Abstract Secure Socket Layer (SSL) and Transport Layer Security (TLS) is the protocol above TCP‚ which can protect user’s privacy when they sending data from a client side to a web server‚ this is an important protocol due to the expansion of Internet. In fact‚ it is a long way to make the SSL/TLS protocol perfectly. However there are still
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Role of Internal Audit Function Nano Circuits Inc‚ is a publicly traded company that produces electronic control circuits‚ which are used in many products. In an effort to comply with SOX‚ Nano is in the process of establishing an in-house internal audit function‚ which previously had been outsourced. The company began this process by hiring a Director of Internal Audits. Nano Circuits’ CEO recently called a planning meeting to discuss the roles of key corporate participants regarding the implementation
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