2. What information would you like to analyze? The economic view of behavior suggests that a review of the incentives for employees. Upper management, the corporate finance employees, have a strong incentive to want accurate reporting for auditing and grant purposes. Review and analyze a strategy to carry that same incentive down ward to the data entry employee, for more accurate data entry.
Employees can use this statement to estimate if the company will be able to afford compensation. Externally, investors and creditors can utilize a company’s cash flow statements to assess the liquidity position of a company and estimate the financial strength of the organization (SEC,
They work for the business directly and if something happens to the company their wages and job stability will be affected. This has created a vast interest by employees and their representative groups in information about the stability and profitability of their company. They are also interested in information which enables them to assess the ability of the enterprise to provide compensation, retirement benefits and employment opportunities. Additionally, managers may obtain bonuses when they exceed business standards, so they develop an interest in the successful advancement of the business. Investors, the providers of risk capital and their advisers are concerned with the risk inherent in, and return provided by, their investments.
How would the financial statements be useful to managers and employees? How would the financial statements be useful to investors and creditors? ACC 290 Week 1 DQ 2 What are debits and credits? How are debits and credits used to record business transactions? Why
Cash Flow 1 Cash Flow Steven Harris 8/16/15 XACC/291 Thomas Ruth Cash Flow 2 Cash Flow Companies are required to prepare a statement of cash flows, because there is information contained within these statements that are beneficial to those who may be interested in investing in the company, stockholders who are interested in the performance of the company, and lenders who are considering giving the company a loan and cannot be sure they are able to fulfill their contractual obligation Financial Accounting
Describe the competitive environment in which the firm operates, the distribution of market power, and the strategic behavior of the firm and its competitors. Apply your knowledge of the theory of this company’s market structure. How does the company make pricing and production decisions? Is your observation supported by the theoretical models? Refer to the financial reports for illustration.
Organizing and directing is thinking of ideas and putting into effect. The established plans will help run the company in a better financial future. The managers have to decide help to organize the information and direct employee to follow the right concept to better the company. Last elements is the decision making is the deciding which choice is right and see if there are any alternatives for the company financial
Week 8 Assignment Shannon Parks Marilyn Fitzpatrick BUS 409 May 27, 2012 1. Describe the differences between job analysis and job evaluation and how these practices help establish internally consistent job structures. Job analysis is a way for a company to gather, document and analyze different information so that the company can describe the different jobs that are within the company. A job analysis will tell the content of the job duties the requirement of the workers and what the conditions that the worker will be in. Job evaluation is what a company uses to recognize the differences in the relative worth between jobs and by using this it will help establish pay differentials.