controlself-assessmentworkshop(53頁(yè))-經(jīng)營(yíng)管理-閱讀頁(yè)
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【正文】 intained。 noted on office calendar. ? Subscribe to association magazine which has retail prices of chemicals。 radioactive materials, controlled substances, explosives are stored in locked storage cabis. ? Segregation of duties: Storeroom Manager authorizes purchases, Accountant in Chemistry Department maintains inventory system, Storeroom Clerk receives, counts, and issues chemicals. 40 What other controls are needed? ? Purchase orders, receiving reports, and issue slips are prenumbered。 only Accountant can update system. ? Physical inventory every six months. ? Accountant produces monthly report of aged accounts receivables。 Objectives Monitor Performance Information Communication and and 43 Why information and munication? ? Employees need information to do their jobs。 Objectives Monitor Performance Information Communication and and 45 What is monitoring? ? Monitoring is the assessment of internal control performance over time to determine whether internal control is adequately designed, properly executed, and effective (page 32). ? Ongoing supervisory activities ? Periodic evaluations – Selfassessment – Peer review – Internal audit 46 When is internal control effective? ? All five internal control ponents are present and functioning as designed. ? The Board of Regents and management have reasonable assurance that: ? They understand the extent to which operations objectives are being achieved. ? Published financial statements are being prepared reliably. ? Applicable laws and regulations are being plied with. 47 What needs to be done before Session 2? ? “To Do List” (page 33) ? Control Environment Action Plan ? Assess risks at department level ? Risk/Control Worksheets for significant activities ? Worksheet Checklist for draft Risk/Control Worksheets (page 34) ? Make sure that risks at the department level are addressed in Risk/Control Worksheets. 48 Summary Test (page 35) Internal Control 49 Session 1 Evaluation (page 36) Thanks for ing! 50 Control SelfAssessment Workshop Session 2 The University of Texas System 51 Employee Presentations (page 37) Overview Flowchart Draft Risk/Control Worksheet Questions/Suggestions 52 Now what? ? Make suggested changes to Risk/Control Worksheets. ? Test controls (page 38). ? Internal Auditor reviews/tests selfassessment. ? Issue selfassessment report. ? Memorandum to senior management (page 39) ? Control Environment Action Plan ? Risk/Control Worksheets ? Internal Auditors’ Reports (page 40) 53 Workshop Evaluation (page 44) Thanks for ing
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