Motorola Inc.: Standards of Internal Control

ensures that unnecessary services are kept to a minimum. Secondly it requires a determination of

The design and implementation and objectives of company controls are not adequate to meet the control objectives. The control environment control objective is ineffective. This control objective lacks a written policy on ethical conduct, is lacking oversight from the board of directors and audit committee, lacks a consistent style and philosophy from management, and lacks a strong commitment to competence. The risk assessment control objective is effective but lacks any antifraud program and controls. The information and communication control is ineffective. A virus has been detected and is affecting the files of the company. This control is lacking a strong IT department. The general controls financial reporting control objective is effective but is weak in detecting or preventing material misstatement. The monitoring control objective is ineffective; this control has need of an internal auditor.

Overall Strength: in general, the article provides structure to a concept that is very intangible by: (a) describing the nature and the functions of control; (b) segregating the MCS into categories: core control system, organizational structure, and organizational culture; (c) illustrating how to apply the control model (satisfied my approach) (d) provides a basis for designing and evaluating the system. The manner, in which the model is presented, with its use of figures, further emphasizes the structure of the model. See below on further emphasis on parts (a) -(c).

The second aspect of management used to investigate the issue is Controlling. Control is a concern that is facing every manager in every organisation today. Many businesses continually look to improve relationships between all levels of staff in order for a healthy working environment. To effectively control a business the organisation requires information about

2) (1 point) What kind of control is this control procedure – a preventive or detective control? Explain.

It adds value to the business i.e. it enhances the business operations which would inturn have a positive impact on the business

that upholding the highest standards within our company will result in the optimal value for our customers, employees, company, and stakeholders

the interests of human dignity and human rights. This is done by transparent business dealings

9-16. Identify one or more control procedures (either general or application controls, or both) that would guard against each of the following errors or problems.

of internal controls are (1) to safeguard assets and (2) to ensure reliability of the financial

Controls 1-4 remove human error and involvement with the risk, whereas 5,6 require human note/action

There have to many factors that have to be consideration before it is decide if it is appropriate or not for a

Internal controls prevent errors and irregularities from happening. If errors or irregularities do happen to occur internal controls will help ensure that they are detected in a timely manner. Internal controls also encourage adherence to prescribe policies and procedures. Internal control are also put into place in order to protect employees by outlining tasks and responsibilities, providing checks and balances, and also from being accused of misappropriations, errors and irregularities.

They establish controls in the early stages of a system that will ensure quality is controlled

Controlling – What I think is controlling can be all about controlling quality of project, controlling the cost or cash flow, and controlling wastage of resources.