During the financial year, the Programme Manager, Henry Smith, decided to obtain additional computers for the customers, yet there was no need for additional computers. These computers are of high value, and the board of directors granted no approval for the acquisition. There is a budget for property plant and equipment, or capital expenditure, which is increased by $5\%$ annually to account for inflation. However, no true analysis is performed year on year to determine whether the budget is effective. No authorisation for the purchase was provided, as employees are allowed to spend capital expenditure as long as it remains within budget. No documentation is completed or kept by the ordering department.

REQUIRED:

$$Identify the weaknesses in the acquisition of property, plant and equipment and provide recommendations to ensure proper controls are inplace for the acquisition of property, plant and equipment.