Controlling is a function of management that really brings the whole company together.
Controlling is defined as any mechanical (or others) system used to keep one or more
variable parameters constant, or within specified bounds (Wikipedia, 2008)… The process
of controlling is very important aspect of Wal-Mart goal of maintaining ethical accounting
practices. The most important part of the control mechanism is Wal-Mart accounting and
the way it practiced everyday at the store level and also at the corporate level. It is set forth
that documents in accordance with all applicable laws, regulations, or court orders and in
compliance with all internal retention policies and directives, as well as all complaints
received regarding accounting, internal audits controls or auditing matters shall be
controlled(Wal-Mart Audit Committee, 2007). Just as important, all employees, officers,
directors, etc are instructed not to withhold or suppress any information relevant to
financial accounting matters (Wal-Mart Audit Committee). Wal-Mart main objective is
safeguarding against internal control
s, Wal-Mart tends to be alert to many attempts to circumvent the internal control. Any
person or team that is trying to go around the policies and procedures that are meant to
protect assets, business information, and information is reported to the internal control
auditing team. Wal-Mart strongly believes in protocol so; the company has a clear process
of handling accounting ethics concerns. The initial report by an associate is done by means
of open door or ethics hotline.The open door is the most direct way to voice any concern to
a supervisor. If an employee believes his immediate supervisor is involved in the
