Background of the business

Moonleaf Tea Shop, an Asian tea brand, is one of the leading and fastest expanding milk tea brands in the Philippines, with o
This tea shop is a franchise retail with a POS system to keep track of sales.

Sales Order Processing

Risk Controls
System automatically provides
Orders are not accurately procesed or fulfilled customer/product/price information based on
with agreed upon terms. the masterfile.

Sales Return Processing

Risk Controls

Cash Receipt and AR Processing

Risk Controls
tea brands in the Philippines, with over 90 branches placed in key locations nationwide.

Nature Type
Application Prevent

Nature Type

Nature Type
Background of the business
Ohana's Pizza and Cafe, a Resto/Cafe is the most famous cafe in our province Siocon, Zamboanga del Nor
served and eaten inside the cafe however they also offer take out and deliveries.
This cafe is owned by a sole proprietor with a POS system to keep track of sales.

Sales Order Processing

Risk

Orders are not being registered/tracked or processed in timely

manner.

Client's needs are not met or there are delays in delivery.

Orders sometimes become duplicate due to wrong input of
quantities of the cashier.

Sales Return Processing

Risk

Segregation of Duties in Returning.

Inadequate Records and Documents for Sales Return.

Improper authorization of transaction.

Cash Receipt and AR Processing

Risk
Employees not assigned responsibility for the opening and
closing accounts.

Does not maintain log books on cash receipts.

Does not provide safeguard cash and does not keep

cash/checks in a secure area.
ous cafe in our province Siocon, Zamboanga del Norte. Their business is to prepare and serve food and drinks to custo
er take out and deliveries.
em to keep track of sales.

Controls Nature
Verify that for manual order processing,
sales orders are sequentially numbered
and sequence checks are completed by
responsible manager. Manual
Manual

Verify that the system ensures orders

are completed fully, with data validation
controls on items such as order date.
Review orders for confirmation. Application

Controls Nature
Manual
The employee who prepares the debit
memos should not also be responsible for
performing duties in the custody or
authorization functions of the purchasing
process. They should divide their works to
avoid confusion.
Manual
Debit memos must include thorough
descriptions regarding the items being
returned, including quantities and prices,
as well as reference to the original
purchase invoice. 
Manual
All debit memos must be approved by a
member of management or other
designated individual within the company
before the goods are physically returned
to the vendor.

Controls Nature
Separation of duties are required. Manual

Application
All cash receipts should be recorded
immediately by use of a cash register,
data entry into a computing system, pre-
numbered receipt book, or handwritten
log. 
Manual

Keep cash/checks in a locked and secure

area until they can be deposited. Access
to the area should be restricted to only
designated individuals.
d serve food and drinks to customers. Foods are

Type
Preventive

Preventive

Detective

Type
Preventive

Preventive

Detective

Type
Detective

Preventive

Preventive