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Internal Control Essay

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Below is an essay on "Internal Control" from Anti Essays, your source for research papers, essays, and term paper examples.

Xiangyu Fang
Acct 310
8/2/2015
Internal Control
Dell was founded in 1984 by Michael Dell and it’s headquarter is located in Round Rock, Texas. Dell Inc develops, design, manufactures, markets, sells, supports computers and related products and services. It is the one of the largest technological corporation in the world. Almost 48% of employment is in United States and rest of 52% of its employment in other countries. Dell offers its services to almost all kind of market such as corporate businesses, government, education, healthcare organizations, law enforcement agencies, small and medium-sized businesses, individual customers, and retailers. Its product line include personal computers, servers, data storage devices, network switches, software, computer peripherals, HDTVs, cameras, printers, MP3 players and other electronics built by other manufacturers. 
Dell organizational structure consists of nine people of board of directors elected by shareholders. Board of directors put in place five committees which will oversight explicit matters. These five committees are consisted of Audit Committee, Compensation Committee, Finance Committee, Governance and Nominating Committee and Antirust Committee. The Audit Committee handles issues related to accounting, auditing and financial reporting. The Compensation Committee gives compensation to its employees as well as CEO. The Financial Committee handle issues related to mergers and acquisitions. The corporate matters or issue is governed by Governance and Nominating Committee. The Antitrust Compliance Committee prevents any violation against antitrust law in the company. 
The Board and management are mutually responsible for managing and operating Dell’s business with the maximum standards of responsibility, ethics and integrity. The Board anticipates each director, as well as each member of senior management, to lead by example in a culture that underline trust, integrity, honesty, judgment, respect, managerial...

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