Control at S&S Case
S&S’s success was outstripping their accounting information system. The consulting firm they hired made two recommendations. Before they changed to a new system, they needed to fix some of the problems encountered in the current system. It is not a good idea to rely on a new system to fix old problems. The second major recommendation was to hire an internal auditor to ensure that controls are developed that could then be incorporated into any new system. Susan Green and Scott Parry, the owners, decided that it would be a good idea to hire an internal auditor and give him or her the tasks of identifying solutions to problems in purchasing due to S&S’s growth while establishing controls.
That is how Jason Scott joined S&S as the internal auditor after a search for the right person by the consulting firm headed by Maria Pilinger. Jason had five years’ experience in a mid-sized accounting firm and had specialties in auditing and information systems. His family used to own and operate a number of retail stores and he grew up working in the family business throughout his high school years and while he was at university. His supervisor, Ashton Fleming, S&S’s accountant, asks him to trace a sample of purchase transactions from purchase requisition to cash payment to verify that proper control procedures have been followed. Jason is frustrated with this task, and for good reasons:
Yates has a logical answer for every question Jason raised and advises Jason that the real world is not as tidy as the world portrayed in university textbooks. Ashton also has some concerns:
After talking to Maria, Jason ponders the following issues:
how to write these three question? From which part?
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