One of the key controls over transactions is adequate separation of duties. This means that the record keeping aspect must be controlled in a different area than the physical aspect of the asset. Research and find a company that had a major control failure because they failed to implement this control and write a paper on it.

Answer rating: 100% (QA)

Enron scandal Overall poor corporate governance and a dishonest culture that nurtured serious conflicts of interests and unethical behaviour in Enron are identified as significant findings in this pap... View the full answer