A question of theft

Evidently, in that location is a difficulty in the management of ex throws and the auditing of the notes and then the front office carriage named Chad refuses to stupefy action of the situation. When conflict arose, the cash recorders earnings were found come verboten of the closet to be short Chad tried to relish for the culprit. Critically analyzing the situation, how did Chad found out that in that location has been an amount missing?He was so certain of the amount missing contempt of his non-presence in the area and besides the deprivation of eagerness to monitor the finances. Internal cut back is the process to achieve the objectives with specialty and efficiency, sure financial statements and strict compliance to the law. In this case, Chad can be classified as an ineffective drawing card for efficient workers.His jitneyial skills would have taken care of the line of work hence he neglected the appraisal because he was confident about his employees. some other problem is that there is no invariable financial report for every employee who dwells in the counter. For example, for every leftover of a shift the money should be counted and audited so that there would no discrepancies for the next employee to work and also it would be much easier to determine if there is a shortage in the finances.For this instance, the manager must have the control over his employees and authoritatively impose the rules such that the employees would expose loyalty and honesty among the system.I think the managerial position must be change by a person that is see and also has good interpersonal skills so that the firm would not suffer from these baseborn lapses.Also I would like to point out that there should be a financial report on every change in shift so that the manager can monitor the movement of the money in the cash registrar. What is needed is the end amount after each shift. Lastly, the effectiveness and efficiency of a working sort out must come from both the leader and its subordinates, with this, there are limitless endeavors and opportunities for a good working system.ReferencesUniversity Business Practices (2007). judgement Internal Control. on-line Retrieved from http//www.ucop.edu/ctlacct/under-ic.pdf on March 5, 2008Comptrollers Handbook (2001). Internal Control. on-line Retrieved from http//www.occ.treas.gov/handbook/intcntrl2.pdf on March 5, 2008