The owner of a small school of motoring has come to you for advice. She has a number of other business interests which make it impossible for her to spend more than one day of each week at the school’s offices. She is concerned that the accounting records may not be properly maintained by the staff. Her two biggest concerns are that income fram the sale of lessons could be understated and that the running costs of the learner cars could be overstated.

Prepare a list of possible problems and suggest controls which could prevent them from occurring. This should be laid out as follows:

Transcribed Image Text:

What could go wrong? Control