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Transcript
SWOT Analysis
- Strenght
- Weakness
- Opportunities
- Treats
Weakness
PTL Club has a very weak internal control
Strenght
a
PTL Club is a religious Christian TV talk show where the majority of communities in the United States is a Christian and would support the PTL Club in financial and non financial
Opportunities
PTL Club has a huge potential to grow because it is one of a talk show aimed at overcoming homosexual which in the United States prohibits homosexuality, and will have a lot of help and support from the community.
Central Problem
A secret salary account used to fund Bekker and associates
Laventhol ignored the account and broke the professional ethic to gain more money
Alternative
Treats
Due to poor internal control system, there is a tendency to faked financial statements for personal gain.
Jim Bakker does not have to do fraud. If he wanted money, he should be patient and gain clean money which he would get consistently if PTL Club did not bankrupt
View of Point
Time of Context
Jury Trial of United States of America
Kelompok 1
- Timothy
- Septia
- Mauren
- Coci
- Joshua
- Rianto
- William
- Maria
- Floren
- Elton
- In 1974 started to operate
- In 1985 Deloitte was dismissed by PTL club for classified reason and hire Laventhol as their new CPA
- In 1986 Bekker received almost $ 2 million from PTL Club
- In 1987 Bakker and close associates faced intense scrutiny later on resign from PTL Club
- In 1989 Jury Trial sentenced Bekker serve 45 years in jail and fined $500.000 and bankrupt
History
- was founded by Jim and Tammy Bakker in 1974 at Charlotte, USA
- also known as Praise The Lord, People That Love, The Jim and Tammy show, PTL today and Heritage today
- a Christian TV program showing talk show to solve homosexuality problem
Conclusion
- Proverbs 22:1 A good name is more desirable than great riches; to be esteemed is better than silver or gold.
- Matthew 6:33 But seek first his kingdom and his righteousness, and all these things will be given to you as well.
Recomendation
- PTL Club needs to impove on internal control system
- Make more effective control activities
- Enhance and build a culture of honesty in the organization.
PTL CLUB
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