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Internal control policy and procedure of 2GO Group Incorporated pertaining to cash management practices / by Mary Rose P. Fuentes.

By:

Fuentes, Mary Rose P [author]

Contributor(s):

Hernandez, Iluminada R [adviser]

Material type: Text

TextLanguage: English Publication details: Indang, Cavite: Cavite State University - Main Campus 2013.Description: xiii, 46 pages : illustrations ; 28 cmContent type:

text

Media type:

unmediated

Carrier type:

volume

Subject(s):

DDC classification:

657.45 F95 2013

Online resources:

Click here to view thesis abstract and table of contents

Production credits:

College of Economics, Management, and Development Studies (CEMDS)

Abstract: FUENTES, MARY ROSE P., Internal Control Policy and Procedure Pertaining To Cash Management of 2G0 Group, Inc. A Case Study. Bachelor of Science in Business Management major in Financial Management, Cavite State University, Indang, Cavite. October 2013. Adviser: II uminada R. Hernandez. This case study was conducted to determine the internal control policy and procedure pertaining to cash management of 2G0 Group Inc. located at 15/F Times Plaza building, U.N. Avenue, corner Taft Avenue, Ermita, Manila. It was conducted from July 22 to September 9, 2013. Specifically, it analyzed the organization and management, services offered and history of the company, determined and analyzed the internal control policy and procedure used by the firm in order to properly manages and protect cash, identified problems encountered by the company in relation to internal control policy and procedure pertaining to cash management and recommend feasible solutions beneficial to the firm. Internal control by its very nature is essentially a managerial responsibility. Internal control consists of all the related method and measures adopted within a business to safeguard assets, and enhance the reliability of accounting records and related activities. Effective internal controls include segregation of responsibility, management of multiple bank accounts, use of check as payment, daily consolidation of funds, cash forecasting and cash positioning. The SWOT analysis used in the study showed that the company exercised best practices of internal control that lead to security of cash. However, proper monitoring should always be practiced to avoid poor cash management decision. The company, in its pursuit of attaining corporate objectives and goals, commits itself to the principles and best practices of internal control policy and procedure pertaining to cash management. These controls are directed towards building a company that adopts bgt practices in the area of systems and discipline. Improvement in the internal control system and proper inventory was recommended to the company.

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Holdings ( 1 )
Title notes ( 5 )

Holdings
Item type	Current library	Collection	Call number	Materials specified	URL	Status	Notes	Date due	Barcode
Theses / Manuscripts	Ladislao N. Diwa Memorial Library Theses Section	Non-fiction	657.45 F95 2013 (Browse shelf(Opens below))		Link to resource	Room use only	CS-463		00008895

Case Study (BS Business Management--Financial Management) Cavite State University

Includes bibliographical references.

College of Economics, Management, and Development Studies (CEMDS)

FUENTES, MARY ROSE P., Internal Control Policy and Procedure Pertaining To Cash Management of 2G0 Group, Inc. A Case Study. Bachelor of Science in Business Management major in Financial Management, Cavite State University, Indang, Cavite. October 2013. Adviser: II uminada R. Hernandez.
This case study was conducted to determine the internal control policy and procedure pertaining to cash management of 2G0 Group Inc. located at 15/F Times Plaza building, U.N. Avenue, corner Taft Avenue, Ermita, Manila. It was conducted from July 22 to September 9, 2013. Specifically, it analyzed the organization and management, services offered and history of the company, determined and analyzed the internal control policy and procedure used by the firm in order to properly manages and protect cash, identified problems encountered by the company in relation to internal control policy and procedure pertaining to cash management and recommend feasible solutions beneficial to the firm. Internal control by its very nature is essentially a managerial responsibility. Internal control consists of all the related method and measures adopted within a business to safeguard assets, and enhance the reliability of accounting records and related activities. Effective internal controls include segregation of responsibility, management of multiple bank accounts, use of check as payment, daily consolidation of funds, cash forecasting and cash positioning. The SWOT analysis used in the study showed that the company exercised best practices of internal control that lead to security of cash. However, proper monitoring should always be practiced to avoid poor cash management decision. The company, in its pursuit of attaining corporate objectives and goals, commits itself to the principles and best practices of internal control policy and procedure pertaining to cash management. These controls are directed towards building a company that adopts bgt practices in the area of systems and discipline. Improvement in the internal control system and proper inventory was recommended to the company.

Submitted to the University Library
04/24/2014 CS-463