Chic Paints Aat

A report investigating the payroll system and analysing the internal controls of Chic Paints Ltd.

Name:
Date:
AAT Number:
Centre:
Company: Chic Paints Ltd

Word Count:

The following report is my own unaided work and a true reflection of the organisation stated above.

Signed…………….
Date …………..

Contents

  1. Terms of Reference
  2. Executive Summary
  3. Methodology
  4. Introduction to Organisation
  5. Structure
  6. Review of the Accounting System
  7. Internal Controls and Analysis of Fraud
  8. Sustainability and Ethics
  9. Recommendations to improve
  10. Cost Benefit Analysis.
Appendix 1 – Bibliography
Appendix 2 – Organisation Chart
Appendix 3 – Detailed Analysis of payroll procedures
Appendix 4 – SWOT Analysis
Appendix 5 – Fraud Matrix
Appendix 6 – Technical Notes

STAKEHOLDER INFO AND COST BENFIT CAN GO IN APPENDIX TO HAVE MORE WORDS

Terms of Reference

      1.1. The following ICAS report has been prepared to investigate the payroll system at Chic Paints Limited and to help improve this function.
      1.2. The report will follow the requirements of Internal controls and accounting system module, a work based project for the completion of the AAT Level 4 Diploma in Accounting.
      1.3. This report will not only look at the payroll system, but also will also look into the internal controls of the business and the commitment to sustainability and highlight any potential ethical issues that may be present.
      1.4. The report will also help to highlight any risks of fraud within the organisation as well as looking into which aspects could be changed to mitigate these risks whilst also taking into consideration the cost benefit involved.

Executive Summary

2.1.   TO BE DONE AT END OF PROJECT.

Methodology

3.1. For this report information has been obtained from the Internet, as well as obtaining information from reference books.
3.2. A Swot Analysis has been carried out on the...