Accounting Internal Control Development Assistance – Third Generation Automobile Dealership

  • Client’s Objectives: Investigate client’s Office Manager/Controller to determine if inappropriate activities or embezzlement of funds had occurred
  • Project: Selected higher risk focus areas, conducted accounting transaction process walk-throughs, and investigated further activities that seemed out of the ordinary
  • Results: Identified significant accounting internal control and segregation of duties weaknesses
  • Value: The client received:
    • Comfort regarding their embezzlement suspicions
    • Accounting internal controls/segregation of duties improvement recommendations
    • Business process improvement/simplification suggestions
    • Implementation assistance