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QUESTION

Leadership confronts you as a controller and questions the need for an internal control system.

Leadership confronts you as a controller and questions the need for an internal control system.Write a report justifying the need for this system when controls are already in place with insurance and portfolio approach.Explain why current approaches are valid but why an internal system will be more beneficial.You need provide a practice in validating your proposal to leadership. You gain experience in justifying change and expenditures in order to mitigate risk while validating your ideas. Your responses may vary; they must provide a persuasive argument as to why current approaches are valid but why an internal system will be more beneficial. Responses must be well written and to the point.

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