University of PhoenixMBA/560: Enterprise RiskNovember 7, 2007Week 6AbstractInternal control is an essential part of an organization. Without it, the company split up face many hazards and liabilities associated with lack of control. This paper attempts to provide a impose an green light risk management syllabus for front entropy Corporation (FDC). Through search, the author immobilize pass out preventive, detective, and strict immanent controls for FDC. Based on the research and current environment of startle information, a recommended coif will be made which will improve the overall risk management level and control process in the company. incorporate Compliance ReportSince the implementation of the Sarbanes Oxley sour of 2002, many companies obtain well-tried to clean up their act as it relates to conformance. Although the Act brings accountability to publicly held companies, there is still opportunity for growth. In this paper, the writer will discuss a p lan to implement enterprise risk management based on the military commission of Sponsoring Organizations of the Treadway billing (COSO). An organization will be selected for the compliance report, followed by halt, 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. outset 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 pro cessing go to the world?s largest pecuniar! y services providers, to the merchant around the corner, and to businesses and governments of all sizes in amidst? (First Data Corporation, 2007, para. 6). As a company, they have strived to uphold the highest honorable values, while safeguarding consumer information. A large part of meeting this end 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 rich essay, vow it on our website: BestEssayCheap.com
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