FIN571 Week4 Something to think about-Internal control system - 18720

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As CFO what are the key internal and external factors that must considered when designing an internal control system for your organization? How have internal control systems been changed by Sarbanes-Oxley requirements?


Explain the basic cash flows that are included in the net cash flow for the initial investment.

Solution Description

The key factor in designing an internal control system in my organization would be to have an operating and strategic planning process , annual budgeting and periodic reporting system , guidelines and limits to a