please write a demo 2 pages enough

Case #8 - Knottyville Country Club Asset Misappropriation (page 63) Case Requirements: You have been hired as an expert CPA to evaluate internal control weaknesses and to develop and implement an effective internal control and monitoring system You are to prepare a communication to the Knottyville Country Club Board of Directors that addresses the following items: 1. Evaluate the existing internal controls at Knottyville Country Club and report on internal control weaknesses including the monitoring system. 2. Provide the controls and monitoring system in detail that you recommend for the Country Club to have an effective, functioning internal control system. 3. The Country Club is seeking to build an $8 million addition to the clubhouse. The Country Club has paid you in additional fee to consult with them during their two-year audit. As the consultant, you are to brief the Board on the following: a. Provide the Board with a list of red flags (in detail) that were present for misappropriation in this case. b. Advise the Board as to the audit procedures you expect the auditor to conduct to make sure there is no embezzlement at the Club and the Club's financial position is stated fairly