Internal Control

Zara Resources Inc is a mineral’s company focusing its main effort on its forge lack gold project in Ontario, Canada.

Based on our group discussion, we think that Zara Resources Inc is quite good in implementing the internal control, it’s proved by the financial report which has no fraud detection and misstatement. Moreover,  the other evidence is this company use the accounting policy which is IFRS in making the estimation and assumption on reported their amounts of assets, liabilities, revenue, and expenses for the period. This company is established in 2012, and this audit report is produced in 2014, so it means that the company is basically good since its established.

All of Zara Resources data we get from Abraham chan LLP. The chartered accountants firm on Ontario Canada







This is group assignment.

My group consist of:

Lintang Maharani               C1L014028(Me)

Junika Pentarosa                C1L013025

Lalita Nadya Amalia           C1L014014

International Accounting

Jenderal Soedirman University