Prior to beginning work on this discussion forum, read Chapters 14 and 15 in the course textbook.
To establish effective internal control over a corporation’s stock transactions, the corporation should utilize the services of an independent registrar and transfer agent. Address the following in your discussion post:
Describe the functions performed by the stock registrar.
Describe the functions performed by the transfer agent.
Describe the information typically requested by the auditors in a confirmation sent to the registrar.