Identify the internal audit issues within this problem

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Question - BRL had a contract with the London Marathon for the use of some of BRL's timing chips. While the chips themselves worked and kept time accurately, there was a flaw in the manufacture of the chip leaving it with a sharp edge. The sharp edge ultimately cut several competitors who subsequently complained to the race organizers. The organizers have sued BRL for $300,000. Bernhart has left the case with one of BRL's corporate lawyers BBJ Law Firm. BRL has paid a $5,000 retainer so far for the case. Identify the internal audit issues within this problem?

Reference no: EM133090079

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