A question of theft

Evidently, there is a puzzle in the management of shifts and the auditing of the funds accordingly the front office manager named Chad refuses to take action of the situation. When conflict arose, the gold registrars earnings were found out to be before long Chad tried to look for the culprit. Critically analyzing the situation, how did Chad found out that there has been an heart and soul missing?He was so certain of the amount missing scorn of his non-presence in the area and to a fault the lack of eagerness to monitor the finances. knowledgeable Control is the process to achieve the objectives with effectiveness and efficiency, reliable financial statements and inflexible compliance to the law. In this case, Chad can be classified as an powerless leader for efficient workers.His managerial skills would have taken care of the problem hence he neglected the idea because he was confident active his employees. Another problem is that there is no consistent financial hide fo r every employee who dwells in the counter. For example, for every end of a shift the notes should be counted and audited so that there would no discrepancies for the next employee to work and also it would be much easier to determine if there is a shortage in the finances.For this instance, the manager must have the control over his employees and authoritatively compel the rules such that the employees would develop loyalty and honesty among the system.I think the managerial go under must be filled by a person that is experience and also has tidy interpersonal skills so that the firm would not yen from these small lapses.Also I would like to point out that there should be a financial report on every change in shift so that the manager can monitor the movement of the money in the cash registrar. What is needed is the end amount after individually shift. Lastly, the effectiveness and efficiency of a working group must behave from both the leader and its subordinates, with thi s, there are limitless endeavors and opportunities for a good working system.ReferencesUniversity Business Practices (2007). Understanding Internal Control. on-line Retrieved from http//www.ucop.edu/ctlacct/under-ic.pdf on March 5, 2008Comptrollers Handbook (2001). Internal Control. on-line Retrieved from http//www.occ.treas.gov/handbook/intcntrl2.pdf on March 5, 2008