Internal Controls Addressing Internal Controls Discussion Chapter

As, they will quietly establish different security procedures and tools (i.e. surveillance cameras) to determine what kind of actions staff members are engaging in. This will help EP, to see where are: the biggest weaknesses inside the organization. At which point, they can begin to identify which employees are contributing to the problem. This is important, because one of the biggest issues facing EP is: not having any idea of the overall scope the challenges they are facing. If they can increase their surveillance, they will be able to know how big the problem really is. Once this occurs, they will have identified those individuals that are making the situation worse and can deal with them accordingly. (Kilby, 2005, pg. 41)

Clearly, the biggest problems facing EP is a lack of accountability and transparency. This is troubling, because it means that managers are unaware of the various challenges that are facing the nonprofit. Over the course of time, this can have an adverse impact on their ability to: provide different services to stakeholders.

To address these issues a new kind of approach must be taken that will offer increased internal controls. This will be accomplished using a number of different tools to include: creating an inventory system and providing added amounts of security. These elements are important, because they are highlighting how EP can be able to rectify the situation. As, both of these tools will tell them: how many frames they are receiving, where they are going and who are the employees that are contributing to the problem. Once this occurs, it will help executives to begin to address these challenges by: increasing accountability and transparency.

Bibliography

Hightower, R. (2009). Internal Controls. Hoboken, NJ: Wiley.

Kilby, J. (2005). Casino Operations…