Posted: February 8th, 2015

Implement and Maintain Internal Control Procedures (4 Assessment Tasks)

Paper, Order, or Assignment Requirements

Implement and Maintain Internal Control Procedures (4 Assessment Tasks)

There are 4 Assessment Tasks in the PDF file (Learner’s Guide_FNSACC506A Imp&Maintain Int Control Procedures.pdf) attached.

Assessment Task-1 page-13, Assessment Task-2 page-15, Assessment Task-3 page-17, Assessment Task-4 page-19.

These tasks are need to be done by Microsoft Word and Excel.

Detail information will be found in the PDF file (Learner’s Guide_FNSACC506A Imp&Maintain Int Control Procedures.pdf) attached.

Assessment Task 1- Review an Internal Control System.

         Submission Guidelines

Submit:

• Word processed review paper in hard and electronic copies
• Copies of legislations, guidelines or other reference documents

Assessment Task 2- Case Study Analysis: OneTel Collapse.

         Submission Guidelines

Submit:

• Word processed case analysis in hard and    electronic copies
• Copies of legislations, guidelines or other reference documents as attachments if used

Assessment Task 3- Develop Internal Control and Governance Guidelines.

         Submission Guidelines

Submit:

• A formal word‐processed guide in hard and electronic copies
• Signed group statement
• Group portfolio containing meet records, communication and draft work/references
• Copies of legislations, guidelines or other reference documents as attachments if used

Assessment Task 4- Portfolio.

To do this, go to page-8 in the PDF file (Learner’s Guide_FNSACC506A Imp&Maintain Int Control Procedures.pdf). You will see a table. Look into the column called Activities. Do the activity from Lesson 1, Lesson 2-3, 1^st activity from Lesson 7-8 and Lesson 9. The names of the activities, need to be done, given below (for less confusion):

1. a) Research and develop your understanding of corporate governance: Share with the group
2. b) As a group discuss and write down procedures to control handling of cash receipts and payments for your company in order to prevent fraud and errors in handling of cash
3. c) Group discussion: Types of internal control processes that would exist in the public companies and objectives of such a system
4. d) Research and download an internal control system/framework: Discuss its features

       Submission Guidelines

Submit

• Complete portfolio

You can make the Assessment Tasks answers short (use less word) where possible or necessary, but everything needs to be covered. So organize first, in which part you will use how many words.