Before we answer the question “What is the difference between PDCA and DMAIC?” let us define each‚ discover what these acronyms translate to‚ and how they are used in modern manufacturing technology. PDCA cycle is defined as: A simple process for implementing continuous improvement changes in four steps: plan‚ do‚ check‚ act. PDCA is used to improve a process in order to improve quality. Plan-First‚ identify an improvement and ideas to bring it to fruition. Anticipate problems to save time and
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Yongho Cho 8/26/2012 Weekly Memo #1: Should external/internal auditors be responsible for detecting client fraud? In 2001 Enron‚ the seventh largest energy company in 2001‚ filed for bankruptcy. The event named “Enron Scandal” is considered to be the most shocking incident in American economic history. Bring the country to the edge of disaster‚ the scandal was basically caused by securities fraud which Enron was charge with. The irrationality of accounting and auditing system encouraged U
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BADM 713 Thursdays LEADERSHIP COMMUNICATION CASE STUDY 2 KAREN CARLIN Same format as Case #1 There are several problems in this case. Your assignment is to read the case and identify the problems that‚ in your opinion‚ Karen Carlin and the firm of Hepplewhite and Boyce will have to confront‚ and suggest solutions to those problems in a five page‚ double-spaced
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Inventory Chicanery Tempts More Firms‚ Fools More Auditors A Quick Way to Pad Profits‚ It Is Often Revealed Only When Concern Collapses A Barrel Full of Sweepings By LEE BERTON Staff Reporter of THE WALL STREET JOURNAL December 14‚ 1992 Why do so many accountants fail to warn the public that the companies they audit are on the verge of collapse? Increasingly‚ experts are blaming inventory fraud. "When companies are desperate to stay afloat‚ inventory fraud is the easiest
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The arrangement of elements is problematic in itself‚ and is only worse by the lack of differentiation between types of elements. For example‚ different listing headings( “job”‚ “housing”) and other types of headings (“other nearby cities”) look very similar and placed side by side on columns‚ despite the fact that they are very different types of information. Another glaring discrepancy between craigslist and most current sites is the lack of a global navigation header. Labelling: The current
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contemporary culture life of the island. In studying intercultural communication there are many philosophies and theories that define\ intercultural communication. Ting-Toome (1999) describes intercultural communication as the communication process between members of different cultural communities. Intercultural communication takes place through an individual’s interaction with dissimilar cultures. Culture and communication requite each other but they are characteristics that define and determine
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Audit Committee Quality‚ Auditor Independence‚ and Internal Control Weaknesses Yan Zhang‚ Jian Zhou‚ and Nan Zhou* * All authors are from SUNY – Binghamton. We thank two anonymous reviewers for detailed and insightful suggestions that have significantly improved the paper. We also thank workshop participants at the 2006 American Accounting Association Auditing Midyear Meeting and the 2006 American Accounting Association Annual Meeting for comments‚ and Raj Addepalli‚ Shanshan Chen‚ Yujing
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Auditor’s Role The Internal Auditor’s Role in MIS Developments By: Larry E. Rittenberg Charles R. Purdy The MIS manager in many organizations is encountering a new group concerned with the data processing function — the internal EDP auditor.’ These auditors often have a broad role ranging from evaluating data processing controls to reviewing data security and new system developments. However‚ in many organizations‚ the auditor’s role is not clear. This article integrates the results of our own
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American Presidents and their Military Experiences President | Service | Rank | Active Service | Barack Obama | None | None | None | George W. Bush | Texas Air National Guard | First Lieutenant | Stateside service during Vietnam War (1698-1973) | Bill Clinton | None | None | None | George H. W. Bush | United States Naval Reserve | Lieutenant | World War II (1942-1945) Distinguished Flying Cross | Ronald Reagan | United States Naval Reserve‚ Unites States Army Air Corps | Captain | Stateside
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The relationship of audit techniques‚ audit procedures and assertions Audit technique - are the basic tool or means employed to obtain audit evidences. Audit procedures - are the application of audit techniques. Assertions – are representation of management as to the fairness of the financial statements. Audit Techniques Audit Procedures Assertions Count Counting of inventory‚ cash securities‚ unmatured‚ promissory note (to establish existence and where applicable‚ ownership
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