It has to be a real company and also has to be a business pr

It has to be a real company and also has to be a business problem with tax or auditing

You can use any company that is a real company and the following is what I need:

Subject of Course Project

Business problem statement

Name of the company or organization

Brief description of proposed solution

General benefits it will provide the organization

Audience to whom you are presenting the recommendations

Solution

NAME OF THE COMPANY:

FedEx

BUSINESS PROBLEM STATEMENT:

FedEx internal audit department is not working as per the expectations and not meeting standards by showing up with poor quality work.

REASONS WHY THE PROBLEM AROSE:

BRIEF DESCRIPTION OF PROPOSED SOLUTION:

The problem highlighted above shows that the department which is responsible to handle the internal audit is not working up to the standards and is not showing the results as expected. Internal audit refers to the act of examining the internal affairs of the business, employee behaviour, internal system, business structure and company’s operations. It is performed by the internal auditor appointed by the company from within the organization and it is dome so that the final external audit goes well.

FedEx is facing this problem of poor internal audit and following is the proposed solution to the problem:

One of the solutions to deal with the problem of low quality internal audit is to maintain a strong workforce strategy. It is known that is very hard to get to the right person with right skills and knowledge and then appoint him in the business as internal auditor. This can be corrected by carefully identifying the skills required to audit effectively, in all the employees working with the organization. By this the best person can be found to be appointed as an internal auditor. The skills that can be hunt for in an individual are business knowledge, good communication skills, analytical abilities, conflict management ability, intellectual ability, integrity and IT skills.

Regaining Trust of the Managers is another way to enhance the level of internal audit is that that FedEx internal audit department maintains transparency in its working, being fair in the judgement, following no manipulations, delivering added values to the organization, keeping a check on the working of the department and by auditing the accounts correctly.

BENEFITS TO THE ORGANIZATION:

The organization can enjoy number of benefits after the implementation of the solution as stated above. The benefits are listed below:

AUDIENCE TO WHOM THE SOLUTION IS PRESENTED:

The solution can be presented to every member of the internal audit team along with the top level management. The solution so found can also be stored in the company data base so that it can be referred in future if in case the problem crops up again.