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Internal Control Weaknesses In The Dodgers Payroll System
175 Words1 Page
Internal controls are the controls and preventive measures that a business should consider adopting in order to prevent and mitigate cash losses from dishonest schemes by employees, customers, and other parties it deals with. Every business should institute and enforce internal controls that are effective in preventing fraud.
Consumer Dummies. Accounting All-in-One For Dummies (p. 572). Wiley. Kindle Edition.
The internal control weaknesses in the Dodgers’ payroll system are as follows:
1- The first weakness in the internal control system is that the company trusted many of its employees more than it should. As mentioned I the case, "Campos was known not only for his work ethic but also for his loyalty to the club and its owners, the Dodgers
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