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Mr. Karssm working as an accountant presented a financial statement to the auditor at the end of the year. There is no supporting document for
Mr. Karssm working as an accountant presented a financial statement to the auditor at the end of the year. There is no supporting document for petty cash disbursement. Some staff who are separated but still their names appear in the payroll and the attendance sheet is signed by the supervisor at site. The auditor reported the case to the owner of the company and then they will investigate. 1. How would you justify the errors committed Mr. Kareem? 2. Do you think that he would be liable to these errors? 3. Why or whl not? 4. What doable suggestions can you give to the company owner avoid this kind of incidents
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