Question Three

You are hired as a fraud management accountant for the Fusia import company. Fusia Imports specialty ceramics from all parts of the world. It has warehouse in all major regions of the Africa. It has been a very successful company, but success has come with weak control, with the focus instead having been on sales and growth. Fusia recently went through its first major financial statement audit. The auditor declined to render an opinion, due to excessive problems with control, further the auditor discovered internal frauds in several areas, including inventories, payroll and sales.

Required.

What would recommend for Fusia?