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New England College High Risk Transactions in Business Organization Discussion

 

TASK 1

Topics :

  1. Decentralized organizations
  2. Ways of creating statement of cash flow

From 1 and 2. Based on the two concepts, produce a lecture video using Power Point. You lecture video should contain at least 10 slides. Provide numerical example(s) to support your explanations.

I’m attaching 2 lecture Power Point which you need to Write a critical analysis of the lecturevideos provide reply’s with 250 to 300

TASK 2

A fundamental component of internal control is the separation of duties for high-risk transactions. The underlying separation of duties concept is that no individual should be able to execute a high-risk transaction, conceal errors, or commit fraud in the normal course of their duties.

You can apply separation of duties at either a transactional or an organizational level. For example, payroll has access to employee financial records, but only payroll managers can approve raises.

Answer the following question(s):

  1. do you define a high-risk transaction?
  2. If you were a security professional in a company, what are four roles (two sets of two related roles) you would separate and why? Provide examples not mentioned in the description for this discussion.

Need Primary post – 350 -400 words.

Once you send primary post. I will attach 2 secondary post which you need to provide reply’s with 150 to 250 words