Technology Strategy of a Firm Case Study: Hyflux Company Profile Founded in 1989 by CEO‚ Ms. Olivia Lum‚ Hyflux’s initial business activities revolved around providing water treatment through purchase of traditional membrane technology(MT) from other companies. However through intensive research and development (R&D)‚ Hyflux moved to designing‚ manufacturing and selling its own membranes. Today Hyflux is considered a leading regional player in the water treatment industry and ranked by Forbes Global
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Information Technology Act Vivian Pearson BIS/220 June 10‚ 2013 Daina Scott There are several advances in information technology that resulted in new ethical issues necessitating the creation of certain acts. The two acts which will be discussed in my paper are the Children’s Online Privacy Act of 1998 and The Children Internet Protection Act. Children’s online Privacy Act COPPA‚ 1998 The Children’s Online Privacy Act is a federal law constructed to limit the collection and
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explains how AISs operate and is therefore a vital part of any accounting system. For example‚ documentation describes the tasks for recording accounting data‚ the procedures that users must perform to operate computer applications‚ the processing steps that AISs follow‚ and the logical and physical flows of accounting data through the system. This chapter explains in greater detail why accountants need to understand documentation and describes some tools for diagramming complex systems. Accountants can
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When developing an information management strategy within an organisation‚ it is useful to consider information needs on three levels: corporate team‚ division‚ business unit‚ etc individual The needs of each of these three levels must be met if a coordinated and effective solution is to be maintained in the long-term. Failure to address any one of the levels will lead to areas of the business or individuals finding their own solution‚ which may not fit well within the strategic goals of
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Re Kingston Cotton Mills Auditors are watchdogs not bloodhound Entitled to trust the officers and employees of the co being audited Entitled to rely on the figures presented to them Have any reason to be suspicious‚ should personally make enquiries or checks APPOINTMENT Approved co and consent to act as auditor S8 appoint approved co auditor applied to Minister to Finance satisfied Minister of good character and competent to perform the duties of auditors i) granted with approval to act or ii)
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with media professionals and organizing events for the media as a group. Internal communication strategy There are two sides to strategy in internal communications. In the first instance there is the organization’s strategy — what it hopes to achieve and how it plans to go about achieving it. That strategy will be supported and‚ to some extent‚ delivered through effective internal communications. In this context internal communication can help on several different levels: Tell: simply informing
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Statistical Sampling for Testing Control Procedures 1. Statistical Sampling for Testing Control Procedures 2. MULTIPLE CHOICE 3. 1. Auditors who prefer statistical sampling to non-statistical sampling may do so because statistical sampling helps the auditor 4. a. Measure the sufficiency of the evidential matter obtained. b. Eliminate subjectivity in the evaluation of sampling results. c. Reduce the level of tolerable error to a relatively low amount. d. Minimize the failure to detect a material misstatement
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advancement in information and communication technology has significantly affected the banking industry. The banking sector has embraced the use of technology to serve its client’s faster and also to do more with less. Emerging technologies have changed the banking industry from paper and branch based banks to “digitized and networked banking services”. Unlike before‚ broadband internet is cheap and it makes the transfer of data easy and first. Technology has changed the accounting and management
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Analysis of LJB Internal Control Procedures and Recommendations Table of Contents Introduction 3 Internal Controls Before Going Public 3 Correct Internal Control Procedures 4 Internal Control Discrepancies 4 Indelible Ink Recommendation 6 Summary 6 Works Cited 8 Analysis of LJB Internal Controls and Recommendations Introduction Assigned to review the internal control procedures for LJB‚ I will
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USERS OF ACCOUNTING INFORMATION AND THEIR NEEDS ACCT101 [Assignment 1] - Accounting Information‚ Users and Uses Abdul Samad Mustafa [1283] Course: ACCT101 [Dr. Naim Hassan El-Sayed] NYIT – Abu Dhabi‚ U.A.E. CONTENTS Abstract 3 Users of Accounting Information and their needs 4 Introduction 4 Users of accounting Information and responsibilities of accountant 4 External Users 6 Internal Users 7 The needs of accounting information 7 Conclusion 8 References 9 Abstract External users of accounting information
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