2 Pages 717 Words Mitsubishi Materials Corp And Toray Industries Inc

| March 17, 2019


TOPIC: Internal controls in organisations QUESTION In the second half of 2017, Kobe Steel Ltd, Mitsubishi Materials Corp and Toray Industries Inc – all key suppliers of products to global manufacturers have admitted to product data fabrication. Fretting about the impact of a string of falsification and compliance scandals, nearly half of Japanese firms have either taken steps to strengthen internal controls or are planning to do so, a Reuters poll showed. (Adapted from Nasdaq.com, 7 Dec 2017) Critically evaluate the importance of internal controls in organisations, quoting relevant examples if necessary. Your essay should NOT EXCEED 2,000 words in length and should be double spaced and word processed.

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