You've recently been asked to analyse the effectiveness of your organisation's existing financial management approaches and systems. During your review, you identify that the organisation does not have an internal audit or compliance system in place for checking accounting records. They also have poorly implemented security policies and unrestricted access to financial records and information. Outline possible strategies you'd recommend to minimise these risks

Answer rating: 100% (QA)

To minimize the risks associated with the absence of an internal audit or compliance system poorly implemented security policies and unrestricted access to financial records and information the follow... View the full answer