...university is approximated by using a focus group, consisting of four learning team members. Constructs, such as tuition cost, travel expense and resource expense data from each subject will be explored. In order to effectively measure the information obtained from the focus group, controls are implemented on the data. This study assumes that each student travels to and from the campus twice a week. The first trip is made to attend class and the second trip is made so that each student can participate in a physical learning team meeting. Since the duration of each class is five weeks in length, the analysis used is based on 10 trips to the University of Phoenix campus. Each student will complete 10 courses per calendar year. The distance involved in traveling to the campus will be measured by mileage, price of gasoline, and tolls. Another measurement is tuition cost per course. The constructs for the tuition cost include tuition reimbursement and out-of-pocket expense. Travel expenses were calculated based on current gasoline average cost of $2.69 per gallon. Mileages per gallon calculations were based on 17 miles per gallon of gasoline from participant’s home to the University of Phoenix’s Bucks County campus and their return trip to home. Subject one, Tyra, travels round trip from New Jersey to Pennsylvania twice per week for school. That travel translates into 25 miles per day or 250 miles per course. Tyra’s gasoline expenditure is $3.95 per day which equates into $39...
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...TO: File FROM: RE: Helen Hanks Facts Helen Hanks, who lives in San Francisco, California, has just been promoted to manager of the divisional office. However, the divisional office is located in Portland, Oregon. Helen’s significant other, Tom Hunt, will be moving with her to Portland. Helen’s children from a previous marriage will also be joining her in Portland. The children have been living with their father in Spain for the past year. Helen easily sells the San Francisco house in which she and Tom live. Helen is the sole owner of the house. However, she has a harder time finding the right home in Portland. Helen has to make several trips to Portland before buying a house under construction. It will not be available for occupancy for at least 20 days after she arrives in Portland. Tom accompanied Helen on the house-hunting trips to give his opinion on the houses and to look for a new job. The actual move takes place as follows. The movers arrive on Wednesday to pack up Helen’s and Tom’s household items. Thursday, the movers pack up Helen’s items from a storage unit located outside of the city along with her sailboat. The movers then leave for Portland. Helen hires a college student to drive her car to Portland; the driver leaves on Friday. On Saturday, after dropping Helen at the airport for her flight to Portland, Tom leaves to drive his car to Portland via Salt Lake City, Utah, where he also visits his brother. Helen and Tom stayed in a hotel from Wednesday to Friday...
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...Lehlohonolo Nthontho Unit 129, Wonderpark Estate, Karenpark, 0182, Pretoria, RSA +27 73 132 6140 lnthontho@gmail.com OBJECTIVES, AMBITIONS AND ASPIRATIONS ❖ To pass all the exams in November 2011 and May 2012 leading to qualification as a Chartered Management Accountant by December 2012 with the Chartered Institute of Management Accountants (CIMA). ❖ To be a Leader and drive positive change, enhance efficiency, effectiveness and productive use of organisational resources in the quest to increase profitability and return on investment to owners of organisations. ❖ To uphold ethics in execution of my professional duties and in my social affairs. EDUCATIONAL HISTORY Qualifications in progress, to complete in November & December 2011 examinations ❖ Advanced Diploma In Management Accounting - CIMA (to complete May 2012) ❖ Diploma in Management Accounting – CIMA (also to complete in May 2012) Completed Qualifications ❖ Certified Accounting Technician (NQF 5) - ACCA ❖ Certificate in Business Accounting (NQF 5) - CIMA EMPLOYMENT HISTORY Urban Genesis Management January 2012 to Current Revenue and Debtors Controller- CID Management Finance ❖ Supervise and Manage Revenue collection department(staff complement of 3 people) ❖ Run, analyse and interpret monthly debtors and revenue collection reports( Debtors and Management Accounts) ❖ Assist CID Managers with presentation of Management Accounts at the Quarterly...
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...SITUATION ANALYSIS Background Nitish, a BTech and MTech from IIT Madras has worked for two years at Infosys, Bangalore as senior programmer. Nitish soon got bored of endless hours of programming and decided to do an MBA in Finance and joined XLRI Jamshedpur for the same. After completion of his MBA he joined a consultancy firm in Jamshedpur only. After having worked for two years with firm, on a number of projects Nitish decided to make a switch as he felt that he was not learning anything new .So he started looking for jobs. The Job at Solutions Unlimited Arvind, a batch mate of Nitish suggested him to join his company, Solutions Unlimited, a company looking to realign itself as a Management Consultant to be able to position itself as an IT consultancy firm. Mr Kapoor, Director Marketing interviewed Nitish and this was followed by an interview with Venkat, Assistant operations officer-level 4 at the Hyderabad office. Nitish was offered a package of 2.55 lakhs p.a. at level of Developer 3 however he was not satisfied with this offer and wanted them to revise the offer to 4 lakhs p.a. Nitish told Meena his boss about this and she proposed to change the offer to 3.1 lakhs p.a., However Nitish was still not ready to accept this offer. Meena told Nitish that she will inform him the next morning regarding possibilities of a revised job offer however she never did .When Mr Kapoor came to know about this he rebuffed Meena’s offer and gave her a mouthful about her incompetence...
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...Case Study 13 Analysis Elizabeth Sapp University of North Carolina at Charlotte The situational analysis of Emanuel Medical Center (EMC) reveals a not-for profit independent hospital located in Turlock, California that is encountering financial troubles as it struggles to remain open. Changes in federal regulations such as the implementation of the EMTALA (Emergency Medical Treatment and Active Labor Act) laws and lower reimbursement rates for federally run insurance programs, changes in service area demographics, and the evolution of the services that locally competing hospitals offer have all contributed to five consecutive negative operating margins for EMC. (Harris, Vogt, & Gilinsky, 2004). Strategic Options Strategic issues are those events that affect an organization and its position within its environment. In the case of EMC the President and CEO, Robert Moen will need to discuss the options available to the hospital with other leaders through strategic planning. This is a process of developing steps for an organization to accomplish its mission and vision through strategic strategies. To make this process a success analyzing and understanding the situation is done by performing an external and internal environmental analysis along with refining the organizations’ directional strategies. In the end, EMC has five possible strategic options including, merging the hospital, selling the hospital, closing the ED, closing the hospital, or doing nothing and trying to...
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...from company purchased business trips Facts: Latrell recently used his Delta Skymiles to purchase a free roundtrip ticket to Milan, Italy (value $1,200). The frequent flyer miles used to purchase the ticket generated from Latrell’s business travel as a CPA. Latrell’s employer paid for his business trips, and he did not get taxed on the travel reimbursements. Issue: How much income, if any, does Latrell have to recognize because of the purchasing an airline ticket with Skymiles earned from business travel? Authorities: IRS Announcement 2002-18 Conclusion: According to the IRS Announcement 2002-18, Latrell does not need to recognize any of the frequent flyer miles ($1,200 value) used when he purchased his round trip ticket to Milan, Italy. The miles redeemed were for a free airline ticket and he did not convert the miles to cash; so there is no taxable income from the transaction. Analysis: The IRS Announcement 2002-18 states “these promotional benefits may generally be exchanged for upgraded seating, free travel, discounted travel, travel-related services, or other services or benefits. Inquiries centered on the taxability of frequent flyer miles or other promotional items that are received as the result of business travel and used for personal purposes. There are numerous technical and administrative issues relating to these benefits on which no official guidance has been provided, including issues relating to the timing and valuation of income inclusions and the...
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...Submitted to : Maa’m Asmaara Human Resource Managment Assignment # 1 Hrm Functions Of Unilever Submitted by: M. Qamar Adeel FA09-MBA-105 Comsats Institute Of Information Technology Islamabad ACKNOWLEDGEMENT All the praise is for Allah, the most merciful and beneficent, who blessed me with the knowledge, gave me the courage and allowed me to accomplish this task. I am especially indebted to my teachers for instilling in me enough knowledge to be able to carry myself efficiently during my studies. DEDICATION I dedicate this report to my parents and friends especially Shamra teacher in recognition of their worth and to my teachers who are the guiding force for me and it is their effort and hard work that showed me the path of success and prosperity which would be there for me for the rest of my life. “Keep your dreams alive. Understand to achieve anything requires faith and belief in yourself, vision, hard work, determination, and dedication. Remember all things are possible for those who believe.”- Organizational Chart of Unilever Human Resource Management at Unilever: On the entry level the HR Department is mostly taking MBA graduates. According to Unilever their belief is that "Their people are their greatest asset”. The HR team takes great pride in acknowledging the contribution of each employee. Unilever focuses a lot on HR Development and for that the HR team ensures: • Staff of Unilever consists of world class Professionals and ensures...
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...BAO1107 Accounting Information System School of Accounting & Finance Faculty of Business and Law Revision from Topic Four Special journals Special ledgers General ledgers Current Assets and Internal Control Reading & References Textbook Chapter 7 and 11 PowerPoint presentation by Anne Abraham,University of Wollongong ©2009 John Wiley & Sons Australia, Ltd Current Assets and Internal Control Learning objectives Define the term cash as it is used in accounting ; Explain internal control procedures relevant to the control of cash receipts and cash payments; Identify the purpose and control features in maintaining a bank account and prepare a bank reconciliation statement; Explain the purpose of a petty cash fund, understand how one operates, and account for petty cash; Identify the purpose and control features of a cash budget and prepare a cash budget; Explain the essential principles of cash management; Understand and interpret measures of cash adequacy Contents Internal Control Cash and Cash Control Bank Reconciliation Petty Cash Fund Internal Control Internal Control is a means to enhance the reliability of the accounting information to be used by dependent users in making economic decisions. Hoggett & Edwards (1996, pp. 353) define Internal Control as a system that “…consists of all measures employed by a business to safeguard its resources against waste, fraud and inefficiency; promote the reliability of accounting...
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...Section 1 of the Capital Project Lori Winter HCS/571 July 29, 2013 Ralph Gigliotti Section 1 of the Capital Project St. Anthony’s Memorial Hospital, an affiliate of Hospital Sisters Health System is a fully accredited not-for-profit acute care health facility with 146 licensed beds. It has been decided that a capital expenditure of sixty new in-patient beds is important for patient safety and comfort. “A capital expenditure is a commitment of resources that is expected to provide benefits during a reasonably long period, at least two or more years,” (Cleverly & Cameron, 2007, p. 397). The cost of the new Stryker beds will be approximately $646,381.36. This cost will include bed software training, 1 year parts, labor & travel of bed service cost, and Isogel Air mattress. This student will discuss how the purchase of Stryker beds supports the organizational goals, management goals, and enhance the economic environment of the organization. The Management Goal The management goal is risk management. Risk management is problem focused, a component of quality management. The goal of risk management is to identify, analyze, and evaluate risks, and then develop the plan to reduce the frequency and severity of accidents and injuries. A review of the current patient bed revealed, outdated mattress, lack of bed alarms on patient movement, and limited patient bed controls for communication with staff. An intensive review of current incident reports revealed an...
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...Assembly, Website, Shipping, Inventory, Customer Service, Technical Services, Purchasing and other multi-disciplinary team members, with which I will interface. Set up communication/data network (phones, pagers, fax, computer, office, business cards). Submit all HR paperwork as required by Quintiles. * * Meet with (manager, team mate, sales trainer, etc.) to establish expectations and to review travel and forecast, plan and review weekly and bi-weekly requirements and processes. Understand first 90-day opportunity. Have ALL requested info from manager delivered on or ahead of schedule. * * Travel with manager or designee to learn South Jackson territory and major accounts. * * Begin to meet with members of the team of sales people personally in this region (where applicable) to get to know them and become familiar with sales process: - Discuss successes - Discuss challenges/competitive threats reimbursement/managed care issues - Discuss their expectations of me - Discuss each of his/her...
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...sought a refund for an overpayment for the tax year 2009 (he paid more tax in the original joint return than he owed on a separate return). Issue: Can Doug and Darlene change their filing status in 2009 from married filing jointly to married filing separately two years after their original return was filed to receive a refund for over payment Authorities: Reg. Sec. 1.6013-1(a)(1) J.A Haigh v Commr, 97 TCM 1794, Dec. 57,858(M), TC Memo. 2009-140 Conclusion: Doug and Darlene cannot amend their 2009 return to change their filing status. When a couple files a joint return they can amend the return until their original due date. Analysis: Reg. Sec. 1.6013-1(a)(1) states “For any taxable year with respect to which a joint return has been filed, separate returns shall not be made by the spouses after the time for filing the return of either has expired”. James Haigh went to court to argue that he should be allowed to amend his return from married filing jointly; to married filing separately because he signed the return under duress. The court found Mr. Haigh was not under duress and therefore would not allow him to amend his return per Reg. Sec. 1.6013-1(a)(1). Tax Memo Facts: Latrell recently used his Delta Skymiles to purchase a free roundtrip ticket to Milan, Italy (value $1,990). The frequent flyer miles used to purchase the ticket were generated...
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...THE NONPROFIT SCANDAL OF THE YEAR: THE FIESTA BOWL Bill Jones EXECUTIVE SUMMARY – The overriding failure of the Fiesta Bowl’s Board of Directors (BoD) was its abrogation of its Duty of Care in managing the Nonprofit Organization (NPO). The Duty of Care requires directors of an NPO be reasonably informed about the organization’s activities, participate in making decisions, and do so in good faith with the care an ordinary prudent person would exercise in similar circumstances. This duty requires the individual BoD members pay attention to NPO activities and operations. Per a New York Times summary, top executives at the Fiesta Bowl funneled campaign contributions to local politicians, flew other Arizona elected officials to various points around the country at the bowl’s expense, racked up a $1,200 bill at a strip club and even spent $30,000 on a birthday party for the chief executive, according to an investigative report commissioned by the Bowl’s BoD. Lessons on internal controls from the scandal are important to sports programs’ cultures throughout the country. This scandal could determine how an NPO’s tax exempt status is overseen. The scandal also had implications for political contributions and NPO governance. FACTS OF THE SCANDAL Known in Arizona as the "Nonprofit Scandal of the Year," the Fiesta Bowl, the umbrella organization for four Section 501(c)(3) organizations the Arizona College Football Champion, the Arizona Sports Foundation, Fiesta Events, and the...
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...average Senator worked only seventy-two of those eighty-three days. Senators made an average of approximately $150,000, with additional amounts paid to Senators with particular roles, such as Speaker of the Senate. When compared to the average salary earned by an university-educated Canadian of approximately $60,000, the compensation earned by a Senator seems far too high. The Senate is not fiscally responsible and other parts of our country could certainly better use these resources/funds. Consider how many underfunded schools, hospitals and other programs exist which could certainly make much better use of the money spent on the Senate. It is a huge injustice to spend so much money on an obsolete part of government. On a purely cost/benefit analysis, there can be no argument posited for the continued existence of the Senate. Senate Appointments A basic requirement before obtaining any political office in Canada is to be elected by the constituency. The only instance in Canadian politics where this is not the case is the Senate. Senators are not elected. Senators are appointed by the Governor General on the “advice” of the Prime Minister. Fifty-one of fifty-seven Senators appointed by the Conservative government led by former Prime Minister Stephen Harper were donors to the Conservative Party. [find another cite for this instead of this NDP cite] This might suggest that there is a link between providing funds to the presiding government and becoming a senator. If the stated role...
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...vacation experiences at an outstanding value. In this paper, I focus on a crisis of Carnival Cruise Lines, which happened in 2013, and I will also give an analysis about how Carnival handled the crisis. In addition, I will give my own suggestions to this crisis management. Introduction of the crisis On February 7, 2013, the Triumph, one of Carnival’s ships, left Galveston, Texas, with 3143 passengers and 1086 crew aboard for a cruise, which was supposed to last 4 days. However, on February10, a fire broke out in an engine room on the Carnival Triumph, which was sailing in the Gulf of Mexico. The blaze was extinguished quickly and no one was injured, but propulsion systems were knocked out. Although the ship had two engine rooms, shared cabling between the two was damaged by fire, leaving only emergency backup power available. Triumph floated helplessly until the ship was towed back to Mobile, Alabama on February 15, which means Passengers had spent five uncomfortable days on the Triumph. The last five days for the people on Triumph were suffering because of limited water, cold food and dirty toilets. Stakeholder Analysis As a leading cruise company with the aim to provide best cruise trip to customers, this accident led to a crisis. The main stakeholders include customers (especially victims and cruise loyalists), travel agents, media and shareholders. The passengers on the Triumph are victims, so they are an important group of stakeholders in this case....
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...CASE STUDY #2 INTERNAL CONTROLS: WILLIAMS OIL SERVICES SCOTT SALES SERVICES HUMAN RESOURCE ASSISTANT ACCT FIN: MANAGERIAL USE, ANALYSIS PROFESSOR JENNIFER COLEMAN February 7, 2016 Naomi M. Duncan INTRODUCTION Every business has a need for (and should be mandated to implement) Internal Controls. From a mom and pop storefront to a global corporation, fraud and errors (unfortunately rears its ugly head). As defined in businessdictionary.com, Internal Control is a “systematic measure instituted by an organization to conduct its business in an orderly and efficient manner, safeguard its assets and resources, deter and detect errors, fraud and theft, ensure accuracy and completeness of its accounting data, produce reliable and timely financial and management information and ensure adherence to its policies and plans.” Internal Controls are important in the strength of any business, because it is the end result of the bottom line….PROFIT! In order to succeed, we will show how each situation has a need for compliance to run orderly, the difference in how the President currently guards his checks and the correct procedure, how easy it is steal and have errors (if there is no separation of duties) and how important it is to be accurate and complete in your data and financial reports. In this project, we will discuss the five (5) objectives of Internal Controls. It will reflect how each situation has need of either (1) proper separation of duties, (2) comparison...
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