This second stage should be completed and a meeting held within 14 days of the complaint being logged. Third stage, Review: The investigating officer and the Home Manager will meet with a senior member of staff (Operations Manager or above) who will review the complaint and the findings of the investigation. They will look again to see if the complaint could be dealt with through negotiation, arbitration or mediation, they will also decide whether an independent advocate needs to be introduced to examine the complaint and its investigation. The Operations Manager or independent advocate will then meet with the complainant and discuss
I recommend the company should respond to the former employee’s charge of constructive discharge by first apologizing. This former employee has had a negative impact on their life do to our company, and an apology would not hurt the situation. The government has various laws and statues pertaining to constructive discharge, management needs to avoid anything that could be misconstrued as discrimination in the work place. Alternative Dispute Resolution (ADR) refers to processes and techniques of resolving disputes that fall outside of the judicial process (Alernative Dispute Resolution Law & Legal Definintion, 2011). Legally, this could save the company bad publicity, a great amount of stress, and money that isn’t necessary to spend.
The responsibilities of an audit partner in an accounting firm is to review the accounting actions performed by their client and notify them of any corrections that are required. The CFO of a large public company should oversee all of the company’s finances so that it is steered in the right direction. The audit partners role is weighted heavier in that their responsibility is to the public, not just one company. If the CFO is unable to do his/her duties, then the audit partner should find and report those inaccuracies. The stress of the audit partner is tremendous and choosing that profession is one that I would prefer not to undertake.
Since the Walton Work Wear line is in the production stage, its accumulated development costs should be capitalized. The Carroway Cool Top has not started it commercial production which would allow the development costs not to be amortized yet. Also interest costs on loans to generate financing for the R&D activates of a product can be capitalized rather than expensed. The capitalization of interest would allow CCL to reduce taxable income in the future when it is more profitable. I would recommend that CCL make the above changes immediately so that the financail statements are not incorrect.
Week 4 Individual Assignment for Scott Equipment Organization Paper Ray Barsamian FIN 419 John Jabbour October 19, 2011 This paper will show how the Scott Equipment Organization will profit from different aspects of risk trade off and how the company’s debt and assets will be affected by this. It will also include my recommendation on various degrees of profitability with regards to this risk. A proper investment strategy will also be shown with regards to the data involved. By evaluating which investments the company will have to adapt to the determination will be made on which one will best the company’s financial needs. These could range from aggressive investment strategies to
Many companies are creating ADR teams with the sole duty is to settle differences. One of the main goal of ADR is to keep the parties involved ending up in litigation. ADR saves valuable time and saves the company from the expenses of long court battles. Government agencies, and organizations, such as the United States Air Force are looking to institute a formal ADR process or even create an ADR division to handle conflict resolution and contract disputes (Tolan, 1996). Accord might want to implement changes at a slower pace.
If sonali doesn’t plan her spending and savings then she will be in debt. No one wants to be in debt because it leads to unnecessary pain and stress and also she will have to pay higher interest. Having a spending plan and savings one will help sonali to make sure she doesn’t more than her income and won’t get into debt. Having a spending plan means you can study where you spend your money and how much you’ve been left with. Having a spending plan also helps you judge your spending and savings you could study it and see if you can improve and reduce you spending.
As a manager, my responsibility is to provide executive management with in-depth analysis reports detailing any adverse trends that could expose the credit union to potential risk. My career goal is to become a senior vice president of lending. A senior vice president would be responsible for additional departments within risk management. Other career goals include, gain experience and knowledge in secondary marketing, mortgages and treasury. Promotional Opportunities for Career Growth Until approximately two months ago before changes were made in risk management, promotional opportunities for my career growth at TWCU were foreseeable.
The CPA or CPA firm would at least have reputational interest in the financial report that it “managed”. This human nature will impair the CPA or CPA firm’s independence, and will decrease the reliability of the audit report. Second, self-interest focuses on the interest of decision makers. The CPA or the individual partner of the CPA firm would probably increase his own compensation by serving as both the entity’s consultant and auditor. On the other side, for the entity, hiring the same firm as both consultant and auditor can save it audit expense, since the CPA or CPA firm has already known a lot about it when performing consulting, thus decreasing its audit hours.
Laura Adams was subject to a written reprimand from Jerry Forrest as outlined in the remedial action plan. Dean Frederick could suggest that Laura Adams pay the fines and penalties as outlined in the University’s guidelines but not document a formal written reprimand and tarnish her record. Dean Frederick should utilize his negotiation skills in an effort to find a solution that benefits all the parties involved.