The managing director of the firm is concerned about the effectiveness of the current business cycle procedure of the firm, where do the weaknesses of the system lie, so that necessary actions can be taken to make the internal control system robust and work better. This report comprises of the present state of efficiency in the systems, namely cash disbursement system, purchase system, and payroll system of the firm, discussion about their weaknesses and some corrective actions necessary to make the internal control system robust.