Accounting Information Systems

1. Identify and briefly discuss five (5) factors at BTL you would need to consider in your assessment of the effectiveness of BTL’s control environment? (10 Marks)
2. Identify five (5) effective internal controls in the system and determine for each internal control, the risk that the control would/could mitigate. (10 Marks)
3. Identify and briefly discuss ten (10) weaknesses in internal control for sales and trade receivables that you would bring to BTL management’s notice in your management letter. (10 Marks)

Sample Solution