Reporting Script
Uploaded by
TaniyaReporting Script
Uploaded by
TaniyaI.
Identification It was found Since there are Lack of due The party
of Premintel that there is a no reports on diligence and involved was
and D- related party previous professional due given the
Merton relationship engagements, care in opportunity to
transactions between performing continue the
they were only
and Pimentel and inquiry and bribery and
obtained
relationship the CEO and investigation even indirectly
more frequent during the regarding the involved
payments current audit issues because another and
made to The reviewer they did not has led them to
Pimentel than of reports was check the be arrested.
the last checking late reports
engagement. at night, so he carefully. who is the head
did not of the IT
complete it and And there’s also department to
gave false a possibility of buy from
ethical breach suppliers
assurance.
when the audit recommended
partner omitted by Tom. This
the enables them to
representation make more
of no related payments to
party continue the
relationship in bribe which
the report. causes the party
involved to be
arrested.
Not disclosing
this issue will
make the
shareholder’s
loss confidence
in the company.
Vulnerability Initially, there Since there is a Negligence on Since there is a
of their new was already a cost constraint, the part of audit flaw, the
systems self-review they choose an committee to system will be
threat present option that is allow the self- susceptible to
where the review threat to cyberattack
less costly
designer was happen and which will cost
instead of
the one ignorance loss to the
checking. choosing one regarding the company.
that will fix underlying
The test this threats on the
immediately. flaws.
