Internal Control System
Evaluation
Prepared for
Mr. John Doe, President
LJB Company
Prepared by
Dane Durham, CPA
June 3 rd, 2012
, MEMO
TO: Mr. John Doe, President
FROM Dane Durham
DATE: June 3rd, 2012
SUBJECT: Internal Controls
Enclosed is the formal report regarding Internal Control and its governing principles as it relates to a
publicly traded company.
The report highlights internal control, particularly from a regulatory standpoint; the principles involved
and recommendations to assist your organization with compliance. The document also covers the
necessity for sound internal control policies given the fact that many companies have been victim to
fraudulent activities, received unfavorable reports from independent auditors and in some instances
also penalized by the regulatory bodies such as the SEC (Securities and Exchange Commission).
I trust that you find the report beneficial for your purposes as it was a pleasure putting this together for
you and the LJB company. Please feel free to contact me at (906)-869-0235 for any further assistance or
discussion on internal controls.
Enclosure
2
Evaluation
Prepared for
Mr. John Doe, President
LJB Company
Prepared by
Dane Durham, CPA
June 3 rd, 2012
, MEMO
TO: Mr. John Doe, President
FROM Dane Durham
DATE: June 3rd, 2012
SUBJECT: Internal Controls
Enclosed is the formal report regarding Internal Control and its governing principles as it relates to a
publicly traded company.
The report highlights internal control, particularly from a regulatory standpoint; the principles involved
and recommendations to assist your organization with compliance. The document also covers the
necessity for sound internal control policies given the fact that many companies have been victim to
fraudulent activities, received unfavorable reports from independent auditors and in some instances
also penalized by the regulatory bodies such as the SEC (Securities and Exchange Commission).
I trust that you find the report beneficial for your purposes as it was a pleasure putting this together for
you and the LJB company. Please feel free to contact me at (906)-869-0235 for any further assistance or
discussion on internal controls.
Enclosure
2
