Audit of Cable Co. The video was a summarization of several steps that usually take place during an audit of a firm. Within the video Gail Bennett, who is a manager at Putnam, Rhodes and Shafer accounting firm, expresses an immense desire to pursue Cable Co. as the accounting firm’s potential client. It is quite evident within the video that Gail Bennett had been following and researching Cable Co. through several sources such as newspapers and research journals. The accounting firm’s partner Bill Stewart instructs Gail Bennett to acquire further information of the company, so that they can validate the authenticity of Cable Co. before striking a deal with the company.
People tend to reject new ideas that entail the modification of their routine behavior or job responsibilities, oftentimes due to terrifying thoughts of the unknown and the uncertain yet to come. Change has
-No, Len was not doing a very effective job of bringing his objectives about during the first exchange. Len wasn’t focused on looking at their similarities, he wanted to challenge Marilyn. Len was focused on his personal goal and using a distributive approach; win-lose. • What do you project the outcome of the first exchange to be? -A trip to Joe’s office because these two aren’t going to be able to resolve this issue.
Although roles are clearly defined, CanGo often succumbs to a centralized form of decision-making, with Elizabeth Bennett micromanaging to such a degree that the decision-making process almost becomes paralyzed. Poor communication has also proven to be an issue at CanGo, resulting in staff members unclear in terms of goals and deadlines to be met for projects. In short, CanGo is operating neither effectively nor efficiently. As the online entertainment industry
Because the company must produce all financial information to the SEC many businesses find it to be very stressful and time consuming which takes time and money away from a company that is thriving like Kudler Fine Foods. Legal liability is important when conducting an IPO and those offering the shares can be personally sued. The expenses continue after the company goes public with the SEC reporting requirements. Kathy Kudler will not only lose control of some of the decision making for Kudler Fine Foods with an IPO, but she will also lose some of the profits, as a portion will go to the
Ethical Issue: Before even beginning the project, Mr. Allison couldn’t keep his commitment in regards to meeting the temperature requirement. Mr. Allison was dishonest and to make matters worse he failed to voice his concerns. It was apparent that Gary was not truly on board with the project plans from the beginning and lack confidence to get the job done. Everyone on the team also did not communicate these issues with the client or stakeholders of the organization. Legal and Contractual Issues: SEC is guilty of legal and contractual issues in regards to the Orion Shield Project.
One of the problems is booking in and putting away of the stock, as this is new the guns do not seem to be fully compatible with the Duty Management system in place already, this in turn is causing system errors, stock not recording correctly, Po’s (which are programs that allow you to see what stock has been delivered and enable you to correctly book in stock onto the duty management system, these are generated by the customer) not being excepted on the Guns, not being able to shut down Po’s once opened. This has made booking in very difficult and long winded. Also one major problem as well is that the Guns are losing signal strength due to either all the metal in the building as we have mezzanine floors or the signal boxes are not in the correct place and not the correct
So many issues came up right from the start of the contract. This could have been due to the fact that, the contract was hard to make in the first place, whereby both parties fiercely negotiated every clause of the contract and worse still could hardly reach any consensus. The contract became more complicated because software requirements were not very clear to either party. The contract was ambiguous and both parties went ahead and signed it anyway. Lack of clarity of purpose can be a risk and a legal issue leading to disputes.
When beginning the project, an Implementation plan was not made, and followed through. The change in leadership further effected the project success. The leadership that was chosen to finish caring out the project was not supportive, or inspiring of the team. This caused the development of the project to fail. The progress reports were not accurate, so rebuilding of the project was not
How is it possible to work an area where it already feels impossible to work in? Another issue and this mistake was on my part mainly, is that my perception about Alex was wrong. But the actual bigger mistake is letting it known to Alex that my perception about him was not what I expected, therefore he responded the same way leaving an uncomfortable feeling. Hence, I already created an awkward feeling and sort of a bad first impression between the person who is supposed to be my supervisor and myself. I quickly learned that presuming is not a good idea, with what I expected of the Island and my superior.