Internal Controls Essay Example for Free

Internal Controls EssayThe Company that held the or so appeal and most oerall steady growth of success was Amazon. com Inc. This company has had losses recently, but overall it has held firm among its management and profitability. The annual report for Amazon in the e-campus library showed phenomenal coverage for over the last fifteen years of reporting financials. In 2013, it has been ranked number 49 and the reason behind it is the technology factors of creating the give the axe Fire, which sold tremendously. The companys earnings in 2013 has been in the billions. In 2012, the company made over $61 billion.That was a 27% increase payable to the technology software that the smaller Kindle Fire introduced. Prime Instant television set Selection among Amazon which originated in 1998 has been steady with its growth. Now, as the Prime Video Selection makes its way into the spotlight within amazon. com for consumers, the results or profits are estimated to be outrageous for the company. Amazon. com not only has a company in the join States, but as well internationally. Electronic technology has allowed Amazon. com to start out as a small company and skyrocket and become a tether seller and company in America today.Digital media has expanded over 23 million people in television, books, and magazines. The company is doing exceptionally well. The company has over 88, 400 full time employees and shareholder numbers are at 3,075. ( University Library, Phoenix University XACC/210 May 29,2013 ) The company is an electronic shopping catalog cause of demarcation and its Internal Controls extend from management to data entry sophistication. I would think that since the website doesnt give a precise use of how internal controls are conducted I would have to go with Enterprise Risk Management.This Internal Control is a type of software that links accounting and administrated functions into a total record retentiveness and reporting system that rear end be overl ooked by management as well as the board of directors in that company. Often the board of directors, whose indebtedness it is to oversee the ethical and commercial operations of a company and set policy, will access the ERM through their own intranet that allows them a secure online venue where they can review the companys books and operations, upload their own documents, make notes and discuss the company in private.Securities and Exchange Commission Managements Report on Internal Control Over financial Reporting and Certification of Disclosure in Exchange Act Periodic Reports) Overall I think that Amazon has cracking management internal controls pertaining to the type of business that it is. There are quite a few of employees, so management within this type of internal control can establish good reliability.