Nelson's Pharmacy

The following report offers our initial findings from our review of the Operations, Internal Controls and indite up Information dusts at Nel boys Pharmacy. We have reviewed Nelsons Pharmacys procedures and have conducted antecedent interviews with yourself and the employees. Our findings ar detailed below. Identified Issues/Problems While thither were several clienteles with respect to the operations, accounts collectible and learning placements, three important areas for improvement have been identified. The depicted object system requirements, method of score procedures and internal controls are the areas where improvements would bear the most benefits to your store. Information System Requirements We assure that Fast-Books is actually existence hire to manage the companys accounting data needs. There is no stir of whether or non backups of the randomness stored in this computer are being do and how frequently. If the computer were to come across down and the information was non retrievable, alone the accounts receivable information would be lost and it would be up to Mrs. Nelson to determine salient balances if no backs up were available. As your current information system is a single user system, the rundown of an superfluous computer in the office would non support more than than one individual to access or arousal information at a time. This could be a concern disposed(p) the varying nature of the duties Mrs.

Nelson and your son Gordon complete. It was also noted that the stop over chart of accounts is currently being utilize. Further review and discourse with Mrs. Nelson and Gordon would determine if the chart of accounts could be modified to better confinement the needs of the company. Removing accounts that are not currently being used could attend to clear up statements and reduce the risk of preposterous entries. Additions of accounts to separate department inventories, for example, could help in evaluating purchases and inventory... If you want to lay a full essay, disposition it on our website: Orderessay

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