Financial Statement Analysis, Internal Controls, And Audit Readiness: Best Practices For Pakistan Army Financial Management Officers - Info and Reading Options
By Malik, Muhammad Sadiq
"Financial Statement Analysis, Internal Controls, And Audit Readiness: Best Practices For Pakistan Army Financial Management Officers" and the language of the book is English.
“Financial Statement Analysis, Internal Controls, And Audit Readiness: Best Practices For Pakistan Army Financial Management Officers” Metadata:
- Title: ➤ Financial Statement Analysis, Internal Controls, And Audit Readiness: Best Practices For Pakistan Army Financial Management Officers
- Author: Malik, Muhammad Sadiq
- Language: English
“Financial Statement Analysis, Internal Controls, And Audit Readiness: Best Practices For Pakistan Army Financial Management Officers” Subjects and Themes:
- Subjects: ➤ financial statement analysis - financial health of a contractor - financial ratios - bankruptcy - fraud - internal controls - COSO framework - importance and effectiveness of internal controls - U.S. auditing standards - DOD audit readiness - best practices for Pakistan Army
Edition Identifiers:
- Internet Archive ID: financialstateme1094555650
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"Financial Statement Analysis, Internal Controls, And Audit Readiness: Best Practices For Pakistan Army Financial Management Officers" Description:
The Internet Archive:
Pakistan has the world's sixth-largest standing army, which requires numerous goods and services supplied by contractors to maintain its efficient operation. To ensure the effectiveness of the contract award process, the Pakistan Army financial management officers need further education regarding how to conduct a financial statement analysis on potential contractors. Furthermore, although the Pakistan Army follows its own internal controls and has an audit system, Pakistan Army financial management officers may benefit from the latest research in these areas for better strategic and financial management of the overall military organization. The purpose of this research is to create a best practices educational guide that includes a framework for the processes of conducting a financial statement analysis of a potential contractor, instituting effective internal controls for an army outfit, and assuring the audit readiness of an army organization that will serve to assist Pakistan Army financial management officers. This research concludes that the four steps of financial statement analysis should be adopted, including vertical and horizontal trend analysis, ten financial ratios, bankruptcy analysis, and fraud analysis. This research also recommends implementing the Committee of Sponsoring Organizations of the Treadway Commission internal control framework and the U.S. Department of Defense Financial Improvement Audit Readiness strategy. An educational guide is created as a reference for Pakistan Army financial management officers to enhance their knowledge of financial management matters related to financial statement analysis, internal controls, and audit readiness.
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"Financial Statement Analysis, Internal Controls, And Audit Readiness: Best Practices For Pakistan Army Financial Management Officers" is available for download from The Internet Archive in "texts" format, the size of the file-s is: 350.35 Mbs, and the file-s went public at Sat May 04 2019.
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