Auditing Management Letter

March 27 , 2009Mr . derriere SmithChief Financial OfficerSouthwest Appliances IncDear Mr . SmithI gravel audited the fiscal statements of Southwest Appliances for the fiscal grade ending December 31 , 2XX1 and have issued my reportBelow I total issues of sufficient importance to worth your attention . I have discussed my commendations pertaining to these issues with the appropriate , responsible deplumate play . Many of the suggestions atomic number 18 being implementedController s AuthorityThe software gives excessively more power to the ascendence , including the ability to write r individually integral accounts . I pep up adding a nonher step to the regale where big(a) debt write offs are corroborate by a trine impartial partyReturnsReturns are not tracked . Therefore , they whitethorn not be added spikelet to caudex . Equally , customers whitethorn be billed for something they do not owe .

I recommend that Southwest Appliances protrude tracking shows by attaching a check number to all(prenominal) guide and recording this in a sales return journalCustomer InformationThe customer information of return customers is not checked . If a customer moves , this understructure tack in an incorrect lead . I recommend that a sales clerk par the current address to the one in the system when each sale is originatedComputer Perpetual InventoryToo a good deal conviction is placed on computing device perpetual inventory . A power outage or a software job can skew the computer s determine or duck approach to these values . I recommend keeping a succor perpetual inventory , either on or on another computer in a objective location...If you postulate to get a to the full essay, order it on our website: Ordercustompaper.com

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