ENGLISH 226 COMPANY

AUDIT REPORT

OCTOBER 5, 2017
FINDINGS NARRATIVE RECOMMENDATION PERSON RESPONSIBLE TIMELINE

 Resigned employees  The HR  In order to  HR October 30, 2017

were still paid the bi- Department avoid PERSONNEL
monthly payroll. does not able unnecessary
to monitor payroll the HR
the payroll department
system. should monitor
the employee’s
records and
that they will
conduct an
investigation to
solve the
problem.
 Unauthorized released  The marketing  The marketing  MARKETING October 30, 2017
of commission. The department depart should PERSONNEL
quota was not met, does not able strictly provide
but commission was to comply commission
released. what is only to those
imposed by sales agent if
the they meet the
management required quota.
 Undelivered  The operating  The operating  OPERATIONS October 30, 2017
purchases. Materials department department PERSONNEL
ordered were paid but does not able should always
were not delivered to monitor monitor their
the suppliers if all
undelivered their items
inventories. being
purchased are
already
delivered and
also they
should always
ensure and
monitor those
inventories
that are not yet
delivered.
Prepared By:

Diana Faye S. Caduada

Internal Auditor

Checked By:

Estella Teresita Lonzaga

General Manager/CEO

Date: October 5, 2017