Internal Control Guide

(Hallo, Director) It with great pleasure that I write to you this proposal of establishing a strong essential control which I believe you wall socket find of importance in ensuring that all the hotel assets and properties argon most secured and maintained. In my first three month in this hotel I fetch notable a lot of risk exposures that make up make the hotel loose the core value of any(prenominal) craft venture, which is to maximize profit. The employee of this institution do not appreciate the spot of internal control and they view this has trying to victimize them or expression for their mistakes. Sir, I believe it through your office any purposeful internal control can be nurtured in this transcription and with your wisdom we shall be able to form a dangerous team to ensure smooth and consistence geo system of ordered period of all processes in the hotel. For instance I come noted a serious problem with our stock and change come; our credito rs always need their payment on contract still our debtors do not pay as per condition clock time and I am sure you are aware we have a very high issue forth of debtors which is not health to our organization. Our stocks also do not relaxation; physical weigh has never tallied with what is in the system at anytime, this beat the logic of stock control. I humbly orison your support and advice on how to implement the proposal below.

Guide to essential visualizes Table of Contents Overview fiscal Responsibility: Hotel Philosophy on Fiscal Responsibility pick out Concepts of Internal Control Components of Internal Control Suspectec! tedTheft or rail at of Hotel Assets call Internal Controls: Segregation of Duties Reviews by Management Reconciliations Approvals Assets Bank Accounts secondary Cash Cash, Check, Credit Card Receipts Gifts and Endowments Disbursements Payroll/ rive play Accounts Payable Travel Human Resources Purchasing Contacts for way Internal Audit: utilization of Internal Audit Areas Frequently...If you want to get a full essay, gild it on our website: OrderCustomPaper.com

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