Felisha Castoire March 18, 2012 XACC 280 Internal Controls In any business as well as accounting there is a goal to be reached. In order to reach said goal you must take certain steps to obtain that goal. Internal controls are the steps taken to on a daily basis to achieve a particular goal. These steps are what assure that things run efficiently. Each measure is taken to maintain accuracy and reliability in daily operations.
To aid in the risk assessment process, SterlingCrest will utilize a variety of tools to assess several types of risk with a department and prevent losses from occurring. The risk assessment tools will include questionnaires, location inspections, and employee interviews. In addition, the risk assessment will include a thorough review of the company’s processes, policies, procedure, regulatory compliance, along with historical loss for corporate departments and stores. Once the assessments are complete, efforts can be made to address potential
CONSULTING B ETHICS PROGRAM Confidentiality When working with clients regarding the receiving and giving of personal information we must strive to ensure that all information be kept confidential to ensure a bond of trust with our clients and also a level of expertise and lawful respect to their businesses. This confidentiality of information should be used in all forms of information whither current or past clients with whom we may encounter. Ethics We must always conduct our own services honestly and honorably, and expect our clients and suppliers to do the same. Any information or advice given should reflect our ethical guidelines as well as societal to ensure our clients continue with us. Any information or actions we apply need to comply with in the law and logically with our society we are doing business with.
20.05.2015 3 Principles of Leadership and Management 1.1. Explain the importance of defining the objectives, scope and success criteria of the decisions to be taken. It is important to define objectives of any task to outline to all level colleagues what task needs to be completed, they should be outlined and set out using the SMART guide; Specific Measurable Achievable Realistic Time bound To define the objectives ensures a consistent work effort and will ensure practices adhere to company set policies, procedures and managerial requirements. Defining the scope of a task ensures that all efforts are sufficiently risk assessed and employees remain safe from harm, this will ensure thorough risk assessment takes place as would
The costs for the equipment and security devices are essential to Riordan’s business goals and will ensure the company can function without error into the future. The recommendations provided by Team B are backed with extensive research into the company’s network infrastructure and topology and by studying the current market trends. It is imperative that Riordan Manufacturing implement the recommended equipment and software purchases and upgrades as well as the new network topology provided as this will ensure the corporations safety and productivity now and for years to come. References Kozierok, Charles (2005). The TCP/IP Guide, Retrieved March 15, 2008 From http://www.tcpipguide.com/ Juniper (ND) Leveraging MPLS to Enable Deterministic Services in the Cable Core, Retrieved March 13, 2008, From: http://www.juniper.net/solutions/literature/white_papers/200228.pdf Shinoda, Yoichi.
It is important to keep records which are up to date to provide accurate, current, comprehensive and concise information concerning the condition and the care required for all individuals. All records which are produced weather written or electronic must be signed and dated; they must also be stored correctly in accordance with that data protection act 1998. It is vital that records are kept up to date, as this ensures that the individual’s needs are being met, and may also help to reduce the likelihood of abuse. If an organisation failed to keep up to date records about their service users then this could lead to serious concerns being raised and could also lead to their company reputation being damaged. Service users must be involved and informed about any changes made within their personal records and care plan files; this may also include medical or social service records.
Bv By signing my contract I agree to follow the policies and procedures and codes of practice correctly in the following areas; Data protection, Grievance, Conflict management, anti-discriminatory practice, health and safety, confidentiality, and whistleblowing. And my manager must make sure all the policies and procedures are kept up to date and made available at all times. Bvi My role contributes to the overall delivery of service by working in a
Riordan Corporate Compliance Plan Liam Clifford LAW/531 June 11, 2012 Kim Peterson This memo has been prepared to provide an overview of a comprehensive Corporate Compliance Plan (the “Plan”) to ensure the Company’s compliance with its tax and reporting obligations A full copy has been included in the materials submitted to the Board of Directors for review in connection with the proposed adoption at the upcoming Meeting of the Board of Directors in Lieu of Annual Meeting. Riordan Manufacturing (the “Company”) has facilities in California, Georgia and Michigan in the United States, as well as a manufacturing facility in China. Riordan which engages in commerce domestically, nationally and internationally, must comply with a myriad
Riordan should have a clear understanding of the benefits of operating with integrity and following all ethical guidelines associated with running a successful business. Making a franchise wide commitment to adhering to laws and regulations that govern the management and staff as set forth in the Employee Handbook under Business Ethic and Conduct is also of equal
Under Section 404 of the act, these findings must detail any uncovered control deficiencies or instances of employee fraud, and must also be reviewed and attested by the registered accounting firm. The authors of the report must certify that the report does not contain any false information, misleading statements or significant omissions, and that the financial statements and information included in the report accurately represent the financial condition of the company. Under Section 401 of the act, this representation must account for both balance and off-balance sheet debts, obligations and transactions in order to facilitate maximum transparency for shareholders (Nikolas, Daniel. Nd Effects of the Sarbanes-Oxley Act). The act serves as a guideline and governs what an accountant should and should not do when reporting financial flows.