ACC 562 WEEK 6 DISCUSSION

Internal Control"  Please respond to the following:

• From the e-Activity, support or critique the idea that the Committee of Sponsoring Organization of the Treadway Commission (COSO) transition would strengthen internal controls over financial reporting in publicly traded companies. Provide a rationale to support your response.
• From the case study, determine the fundamental control deficiencies associated with the credit function. Next, propose at least one (1) control improvement that the credit department management could make in the process. Provide a rationale to support your response