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Dave And Busters Essay

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When I was in my 20's, I worked for Dave and Buster's for five years. Dave and Buster’s is an entertainment and dining restaurant chain with over 140 locations in the United States and Canada. Its a restaurant that also has video games and other attractions, such as pool and shuffleboard. When I started at this company, I worked as a server. I later was promoted to an assistant to the business analyst position. This is where I first learned about proper business practices, basic accounting, payroll, and human resources.

Since its founding in 1982, Dave and Busters has become one of the largest chain restaurants in the United States. When I started, D&B (as us insiders refer to it) was a private company, it is now a publicly traded company. …show more content…

The book states that internal control procedures should be designed to prevent errors and fraud, maintain the accuracy and completeness of financial information, and provide reasonable assurance that the company is achieving its objectives.

Dave and Buster’s uses a variety of accounting and organizational internal control procedures to ensure the accuracy and security of its financial records and activities. The company’s accounting system is designed to ensure that the company’s financial records accurately reflect its financial activity and to protect against fraud and errors. which means Dave and Buster’s relies on a series of internal controls, such as separation of duties, authorization and approval of transactions, and physical control of assets (Dave & Buster’s, 2018).

At the organizational level, Dave and Buster’s has various internal control procedures in place. The company has a corporate code of ethics that all employees are expected to adhere to, and employees are required to complete a series of training programs to ensure compliance with the company’s policies and procedures (Dave & Buster’s, 2018). Additionally, the company has established a corporate security department to monitor and investigate potential security threats and …show more content…

For example, the company could implement an internal audit system to monitor and review its financial systems and procedures. Additionally, the company could implement a fraud detection system to identify and investigate potential fraud incidents. These systems could provide valuable insight into the company’s financial activities and help to identify potential areas of fraud or errors.

Dave and Buster’s has not experienced much fraud in its history. However, in 2008, about a year after I left the company, they were the victim of a data breach in which hackers accessed customer credit card information (CBS News, 2008). In response to the incident, the company implemented many security measures to protect against future breaches. In addition, the company has experienced a limited amount of internal fraud. Most cases involved employees attempting to steal cash from the company or manipulate the company’s financial

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