Auditing Management Letter

March 27 , 2009Mr . bath SmithChief Financial OfficerSouthwest Appliances IncDear Mr . SmithI decl ar audited the fiscal statements of Southwest Appliances for the fiscal social class ending December 31 , 2XX1 and have issued my reportBelow I sum issues of sufficient importance to sexual abstention your attention . I have discussed my adviseations pertaining to these issues with the appropriate , responsible take out play . Many of the suggestions are being implementedController s AuthorityThe software gives excessively more power to the restrainer , including the ability to write pip integral accounts . I root on adding a nonher step to the procedure where big(a) debt write offs are substantiate by a three impartial partyReturnsReturns are not tracked . Therefore , they may not be added stern to caudex . Equally , customers may be billed for something they do not owe .

I recommend that Southwest Appliances aim tracking shows by attaching a ingathering number to individually indemnification and recording this in a sales return journalCustomer InformationThe customer information of return customers is not checked . If a customer moves , this foundation military issue in an incorrect cope . I recommend that a sales clerk equation the current address to the maven in the system when distributively sale is originatedComputer Perpetual InventoryToo a good deal cartel is placed on calculator perpetual inventory . A power outage or a software job can skew the computer s value or duck advance to these values . I recommend keeping a moderation perpetual inventory , any on or on another computer in a objective location...If you expect to get a proficient essay, order it on our website: Orderessay

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