Target Micronics is one of five international companies, which supplies chips to China. Inadequate assessment of internal audit director tips Trust Micronics China Finance to develop a plan to create and implement a new accounting system. People with the right skills to develop, implement and manage it were needed, but the office was chronically understaffed, staff turnover was high and morale was low. The director had no hope to attract people who need it, given the current situation. It should solve the problems created by a system that has outlived its usefulness to the external audit, which is scheduled to happen in nine months. "Hide
by Ann C. Frost Source: Richard Ivey School of Business Foundation 6 pages. Publication Date: July 27, 2000. Prod. #: 900C17-PDF-ENG
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