Go To Industries Limited (GTIL) is a short-run manufacturer of metal components. A short run manufacturer makes prototypes and samples. They also make replacement parts that are no longer stocked by major manufacturersGTIL is listed on the Major Stock Exchange GTIL has a Board Directors. The president of Varun Krishnan, is also Chairman of Board. His wife, Priti, also sits on the board. Each owns 20% of GTIL Varun's sister Anjana Patel, is a lawyer whose firm advises GTIL She also sits on the Board of Directors along with her father-in-law, Deepan. The law firm does not permit holdings in businesses Deepan owns roughly 3% of GTIL through shares purchased on the open market. The other three members of GTIL's board are all outside directors not related to the family Sandi Maidment, CPA, heads the audit committee and recently retired from a bankShe has recommended an internal control department be created once GTIL's sales reach 100 . Sales for the current year are expected to be $96 million. The accounting department has sixteen personnel. Ron Landry, CPA, is VP Finance and has sixteen years of post- qualification experience. The Controller, Lucy Nguyen, is also a CPA and has five years of post- qualification experience. She directly supervises Adam Valeri who is completing his work experience requirement to become a CPAAdam passed his CPA exams fall and is the Assistant Controller One of Adam's duties is to revise control procedures and accounting manuals. Many of the procedures and manuals refer to paper systems that are no longer used. With the expansion of 3-D scanners and CADCAM software , most orders are now placed through a secure web portal. Unlike the past, GTIL's personnel may never meet their clients. Plans are sent electronically, parts are made, then shipped to wherever the client wants them. Electronic transmission of data and financial information may also mean a reorganization of accounting staff. Transaction recording duties have given way to a need for analytics. Due to high fixed costs relative to production runs, some contracts have resulted in losses. Varun is adamant that no current personnel lose their jobs during the transition. Neither Ron nor Lucy are certain that the clerks who are competent in their current roles can turn into analysts Lucy is also concerned that a shift away from transaction recording removes the need for segregation of duties. How can staff both collaborate to identify complex problems while having limited access to information systems? Meanwhile, what about the traditional clients who still walk in with a part and only deal with paper. What happens while GTIL trying to fully revarap their accounting systems? Required As the external auditor for GTIL, evaluate the general and environmental controls