Business letter
Your firm has been hired by a local ballpark vendor supply company, Dogs N’ Thangs, to perform an audit. Soon you become aware of a major internal control problem: One employee keeps accounts receivable and payable records, pays the bills, and does the bank reconciliation each month. When you mention the problem to Buster Gutt, the owner and manager, he tells you that he trusts all his employees, has never had any problems, and can’t afford to hire another employee to deal with a technicality small as this one.
Write a letter to your client explaining why this problem is more than a “small technicality.” Clearly explain the ramifications if the issue is not handled, both in terms of the audit and asset protection. Invent any information you think is necessary to make the letter complete.
A successful letter will:
- Use proper block format, including headings, spacing, an introduction and closing
- Demonstrate effective organization for clarity
- Completely explain the control issue and how it might be resolved
- Employ an appropriate tone
- Be error free and concise
20190320022950sample_business_letter_template
20190320022948bus_125a__lesson_6
Solution Preview
[Your Street Address]
[City, State Zip]
March 22, 2019
John Diggle
Finance Manager
Dogs & Thangs Co.
[Address]
[City, State Zip]
Dear Diggle:
Based on an analysis of your company’s audit, it remains clear that a challenge exists with the separation of responsibilities among people in charge of maintenance of the company’s financial records. Although the decision to have one employee
(426 words)