You have been recently employed as an accountant for Bucks Phyz.

You have been recently employed as an accountant for Bucks Phyz. The CEO has tasked you with reviewing the sales processes of the company and has provided you with key information based on interviews with key staff relating to the sales process (available in Interact).

The CEO is also considering the introduction of corporate credit cards for the purchase of smaller items for the business. At present, all purchases require a purchase order to be raised and sent to a supplier. This process was an issue when they recently tried to book a training course for two team members and the bookings needed to be completed on line. The staff needed to book the course themselves and seek reimbursement from Bucks Phyz. The CEO would also like advice regarding the impact of the introduction of corporate credit cards and who should be issued with a card.

Using the information provided to you, you need to prepare a business report to the CEO including the following:

  1. A summarised overview of the Sales Process for Bucks Phyz (1 mark). [This should be no longer than one (1) paragraph and need to focus on the key relevant facts. The CEO is already aware of this information, but this overview helps bring your report together for other readers]
  2. Identification of;
  3. internal control weaknesses in Bucks Phyz sale process; (2.5 marks)
  4. the impact these weaknesses could have on the organisation; (2.5 marks)
  5. specific internal controls which could be implemented by Bucks Phyz in the coming weeks to mitigate the risks posed by the internal control weaknesses you have identified. The CEO does not want theoretical controls suggested. They want practical controls that they can implement. (5 marks) [Note: all three (3) parts of question two (2) must be included as a table in your report]
  6. A review of the impact of the introduction of corporate credit cards. This needs to include:  
  7. a detailed review of the benefits and potential risks associated with the introduction of corporate credit cards within Bucks Phyz. (3 marks)
  8. the specific Internal Controls which should be implemented by Bucks Phyz to minimize the impact and occurrence of the risks you have identified? (3 marks)
  9. a recommendation to the CEO regarding who should be issued with a corporate credit card and why? (1 mark)

2 marks will be awarded for the presentation of your report. This includes use of appropriate grammar and spelling, application of APA referencing and a report prepared in line with the presentation requirements below.

Rationale

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more