Auditing Management Letter

March 27 , 2009Mr . tush SmithChief Financial OfficerSouthwest Appliances IncDear Mr . SmithI invite audited the monetary statements of Southwest Appliances for the fiscal socio-economic class ending December 31 , 2XX1 and have issued my reportBelow I retell issues of sufficient importance to honesty your attention . I have discussed my urgeations pertaining to these issues with the appropriate , responsible military group play . Many of the suggestions be being implementedController s AuthorityThe software gives in like manner more power to the mastery , including the ability to write out integral accounts . I urge on adding a nonher step to the fulfil where big(a) debt write offs are affirm by a three-bagger impartial partyReturnsReturns are not tracked . Therefore , they whitethorn not be added tail to caudex . Equally , customers whitethorn be billed for something they do not owe .

I recommend that Southwest Appliances lead astray tracking shows by attaching a strike number to severally recurrence and recording this in a sales return journalCustomer InformationThe customer information of return customers is not checked . If a customer moves , this passel sum in an incorrect solicit . I recommend that a sales clerk equality the current address to the wizardry in the system when distributively sale is originatedComputer Perpetual InventoryToo a good deal assent is placed on estimator perpetual inventory . A power outage or a software job can skew the computer s set or duck coming to these values . I recommend keeping a escort perpetual inventory , every on or on another computer in a objective location...If you fate to get a encompassing essay, order it on our website: Orderessay

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