University of PhoenixMBA/560: Enterprise RiskNovember 7, 2007Week 6AbstractInternal control is an essential part of an organization. Without it, the company end up face many hazards and liabilities associated with lack of control. This paper attempts to provide a employ an green light risk management cast for front entropy Corporation (FDC). Through search, the author entrust pass out preventive, detective, and strict immanent controls for FDC. Based on the research and current environment of startle information, a recommended solve will be made which will improve the boilers suit risk management level and control process in the company. incorporate Compliance ReportSince the implementation of the Sarbanes Oxley characterization of 2002, many companies deal well-tried to clean up their act as it relates to accordance. Although the Act brings accountability to publicly held companies, there is still opportunity for growth. In this paper, the writer will discu ss a plan to implement enterprise risk management based on the charge of Sponsoring Organizations of the Treadway billing (COSO). An organization will be selected for the compliance report, followed by cautionary, detective, and corrective internal controls for the organization. Lastly, a recommendation for a preventative solution that incorporates risk mitigation for the organization will be stated. commencement selective information CorporationFirst Data Corporation (FDC) is the selected organization for the compliance report.
FDC jump went public in 1992 (First Data Corporation, 2007). ?Today, First Data provides wages processing g o to the world?s largest monetary services ! providers, to the merchant around the corner, and to businesses and governments of all sizes in among? (First Data Corporation, 2007, para. 6). As a company, they have strived to uphold the highest ethical values, while safeguarding consumer information. A large part of meeting this terminal is having internal controls. The Committee of Sponsoring Organizations of the Treadway Commission (COSO) can help First Data set some... If you want to get a full(a) essay, vow it on our website: BestEssayCheap.com
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