In a discussion with the controller of GEMMA, a nonpublic company, the topic of limitations of internal control arose. Relatedly, the Professional Standards acknowledge that internal control has certain limitations that affect financial statement audits. For this assignment, research the Professional Standards to find the section at which several limitations are discussed together. For this assignment, prepare a PowerPoint presentation for the accounting department to discuss the limitations that might exist in the organization and your recommendations for fixing these limitations$.$

Length: $10-12$ slides, not including APA cover and reference slides.