Financial Systems and AuditingUNIVERSITY OF TECHNICAL EDUCATIONBTEC HND IN BUSINESS (MANAGEMENT)ASSIGNMENT COVER SHEETNAME OF STUDENTREGISTRATION NO.UNIT TITLEUnit 11: Financial Systems and AuditingASSIGNMENT TITLEAccounting and Management Control SystemsASSIGNMENT NO1 of 2NAME OF ASSESSORNguyen Thi Thuy TrangSUBMISSION DEADLINEAugust 11th, 2012I, __________________________ hereby confirm that this assignment is my own work and not copied or plagiarized from any source. I have referenced the sources from which information is obtained by me for this assignment.

Signature DateAssignment Received By: Date:Unit OutcomesOutcomeEvidence for the criteriaFeedbackAssessor’s decisionInternal VerificationFirst AttemptRe-workEvaluate the effectiveness of accounting systems within a businessExplain the purpose and use of the different accounting recordsExplain the importance and meaning of the fundamental accounting conceptsAssess the factors which influence the nature and structure of accounting systemsAnalyse the managementcontrol systems of a businessIdentify the different components of business riskDescribe and evaluate the control systems in place in a businessAssess the risk of fraud within a business, and suggest methods for detection of fraudMerit

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