Internal Control

Topics: Management, Accountant, Bookkeeping Pages: 4 (1079 words) Published: May 15, 2013
4. Organisation background

Inkwell Limited is a manufacturer of re-cycle inkjet and laser toner printer cartridges.

Inkwell Limited printer cartridge is widely applicable. The main commercial focus is on strong retail market that demand cheaper and greener products

Inkwell Ltd has a couple of small main suppliers that produce

4.1 Inkwell Limited is a limited company, established in 2003. The head office and Warehouse is based in Birmingham West Midland.

4.2 Their business model is to offer a part exchange facility whereby customer either post used cartridge to the company’s on the line shop or physically take them onto one of over 60 shops in the company’s chain that are situated in all major UK cities, and many large towns. If customers do bring their old cartridge in they are then given a 10% discount against the cost of a replacement cartridge.

4.3 Its mains mission is to save customers money by not compromising quality and at the same time help ensure a greener environmental future by better use of inkjet and toner cartridge.

4.3 Inkwell is a company, mainly owned by shareholders. The managing director own the most numbers of share, while both the sale director and the finance director own equal shares.

4.4 The three directors and the company accountant are the main decision makers in the company with the help of managers and supervisors.

4.5 The shop managers are responsible for their own staff by preparing rotas and ensuring adequate staff coverage for all of the opening hours of their shop.

4.6 Finance, Marketing and Sales are the main departments In Appendix a there are a organisation Chart.

5. Structure and Function...
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