However, we, as in AOW offer a couple of other types of audits, which is an operational audit, and a compliance audit. An operational audit evaluates all of the operating procedures for efficiency, and can include more than just accounting. The evaluation can include the organizational structure, computer operations, production methods, marketing, and any other area. A compliance audit can be helpful for staying in compliance with the Department of Labor by examining wage rates with wage laws among other areas. The financial statement audit is the one I will be concentrating on by examining the financials to be sure Apollo Shoes in compliance with the required US accounting standards.
Tanglewood Case 1. According to the Tanglewood’s staffing data we know future HR requirements the numbers of employees that the organization will need in the future to produce its goods and services. Based on the data, we can estimate they need 8500 store associate, 1200 individuals to work as shift leaders, 850 individuals as department manager, 150 individuals as Assistant store manager, 50 individuals as store manager for the coming years. There are two parts that the company will concern about; one is internal workforce, other one is external workforce. The numbers of current employees will be available in the future, but the company is concerned with the exit of employees from the organization.
Explain how you would manage an HR technological change. What process might you use (cite theory as appropriate) to implement technological changes in a traditionally people-focused business? Thoroughly explain your process and decision…. HRM 340 Securing Employee Information Discussions 2 Week 7 All Posts 18 Pages DeVry Technology has changed the role and some functions of HR. Have these changes resulted in HR losing sight of its role towards employee relations and support?
The interest charged on the multimillion dollar loan clearly will have a significant impact on the company’s financial reports. Thus, the Financial Accounting Standards Board (FASB) established SFAS No. 34, “Capitalization of Interest Costs,” to provide guidance on how to record this type of interest properly. Basically, this standard explains that the interest on the loan for building your new facility can be capitalized, as part of the costs of the facility because it meets their two criteria, (1) it is not yet ready for use, and (2) it is currently under construction (p.
Financial Statements ACC/290 For a successful business and effective performance of the company is necessary to know basic assumptions of the analysis of financial statements. Financial statements is the understanding that the analysis should be subjected to observation, testing, evaluation and formulation of a diagnosis process that took place in company and that as such, are summarized and embodied in the financial report. Financial analysis is exhaustive research quantification, description and evaluating the financial status and performance of business operations. Companies are required to at the end of each financial year, after all business changes its accounting records locked, in order to determine the exact and final state which has the purpose of compiling the financial statements. This report contains information on the financial position, performance and any changes affecting the financial position of
Kotter’s Eight Stages versus Ivancevich, Konopaske and Matteson Textbook John Kotter’s discussed a process of eight stages that should be used to create change in an organization or business environment. His eight stages will be compared and contrasted with the textbook used in the Organizational Behavior course. While some of his stages correlate with the textbook, there are differences as well. Stage 1: Establishing a Sense of Urgency According to Kotter, a sense of urgency is important to gain buy-in from the employees of the organization. It is essential to reduce complacency and increase urgency by developing a vision that others will encompass.
Research at least one company and describe the strategic management process that the company uses. Format your paper according to APA standards. MGT 498 Week 1 DQs 1 ,2 ,3 Included MGT 498 Week 2 Individual Assignment Ethics Paper Write a 700- to 900-word paper in which you do the following: Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. Include at least one example of a company overstepping ethical boundaries for stakeholder agendas, and what types of preventative measures could be taken to avoid this type of situation. Format your paper according to APA standards.
The responsibilities for the implementation process will be split amongst the staff in Purchasing and Central Services in conjunction with a special team that has been selected which includes the Financial System Project Team. The implantation will be divided into phases to ensure proper roll out of the new system. The first phase will be to get updated vendor information. Since every vendor has been assigned a vendor number through the previous system, we will ask Duns&Bradstreet to supply us with a current file of our 6100 vendors. This file should include the vendor’s DUNS #, Business Name, phone #, Minority or Women owned indicator, Sources of Minority and Women Owned Certification and the vendor’s email address.
If you’re not having any, don’t create them. 6. An outline of your final report (basic format for an outline uses an alternating series of numbers and letters, indented accordingly) Individual Research Paper You will be required to prepare and submit an Individual Research Paper based on a topic of your choice. The primary focus of your paper should be on the business and economic aspects of your topic. This might include areas such as financial issues, marketing aspects, technical considerations, economic impact, etc., depending on the topic selected.
This can be done by creating a worksheet for cash flows similar to the one found in the book on page 274. Table 2.1(found on the following page) shows the worksheet of cash flows for Bethesda if they were to open the new mine. Using the information given in the text about the case as well as additional calculations, the chart was filled out in order to determine the cash flows for Bethesda. Table 2.1 | Year 0 | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | INVESTMENTS: | | | | | | | | (1) Equipment | $ (46,000,000.00) | | | | $ 22,572,752.00 | | | (2) Accumulated Depreciation | | $ 6,573,400.00 | $ 17,838,800.00 | $ 25,884,200.00 | $ 31,629,600.00 | | | (3) Opportunity Cost (land) | $ (7,500,000.00) | | | | | | | (4) Net working capital | $ 2,774,500.00 | $ 3,020,500.00 | $ 3,102,500.00 | $ 2,651,500.00 | | | | (5) Change in net working capital | $ (2,774,500.00) | $ (246,000.00) | $ (82,000.00) | $ 451,000.00 | $ 2,651,500.00 | | | (6) Total Cash flow of investments (1) + (3) + (5) | $ (56,274,500.00) | $ (246,000.00) | $ (82,000.00) | $ 451,000.00 | $ 25,224,252.00 | | | | | | | | | | | INCOME: | | | | |