Controls and Processes

Review the article entitled, "Who's in Control of the Ark? A Study of Internal Controls in Operating and Auditing A Small Preschool."

Explain two internal controls the school is implementing well, two internal controls the school could improve on$,$ and two internal controls that could open the door to fraud.

Make sure all internal controls are from the accounting information system $($AIS$)$ framework.

Be sure to respond to at least one of your classmates' posts.