Derek Huhta Micah McKee Natalia Meza Shaun Ripplinger

 No company names should be given during the class presentation.  last a maximum of minutes, not include detailed data flow diagrams, systems flowcharts or matrices, but include the following:  Brief background on the business entity  Overview of the accounting information system you analyzed (start and stop points, internal and external entities)  Overview of internal control environment  Controls present and missing  System strengths  Suggestions for enhancements

 Founded 1987  For profit company  Property Law and Real Estate Legal Services  Cowlitz County, Washington  Estimated yearly revenue $90000  Employs five people

 Start: Client requests services  Stop: Client’s payment on account  Internal Entities: Owner, Bookkeeper, Receptionist, Computer  External Entities: Client and the Bank  Hardware: Apple computer  Software: Time Slips and Quicken

 Effective and efficient operations  Reliable financial reporting  Compliance with applicable laws and regulations  COSO Framework  Control Environment  Risk Assessment  Control Activities  Information and Communication  Monitoring

 Employee Trust  Files available to all employees  Nightly backups  Cross trained staff  Flexible