"Indicate the weaknesses in internal accounting control in the handling of collections" Essays and Research Papers

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    Grievance Handling

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    GRIEVANCE HANDLING PROCEDURE IN ABC COMPANY [pic] Prepared By: S.A.D.H.Maduranga CCHRM 10/WE/01/06 Course: Certificate Course in Human Resource Management INSTITUTE OF PERSONNEL MANAGEMENT SRI LANKA (IPM) CONTENTS 1. ACKNOWLEDGMENT 2. EXECUTIVE SUMMARY 3. INTRODUCTION OF THE ORGANIZATION 3.1 Background of the Organization 3.2 Objectives of the Organization 3.3 Main Business Process

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    Justification for an Internal Control System ACC/544 April 22‚ 2013 Christine Errico Justification for an Internal Control System Over the past years many organizations have fallen because of inadequate financial reporting and ineffective controls. To overcome this dilemma‚ the creation of the Sarbanes Oxley Act (SOX) of 2002 requires corporations to take full control over its financial reporting and accounting by placing internal controls within its organization. Internal controls not only establish

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    Week 5 Case Study 2‚ Internal Control System. By Elias Hane Ehane2000@yahoo.com Cell: 786-488-8109 ACCT 504: Financial Accounting Submitted To: Professor Mario Perez Keller Graduate School of Management DeVry University - Miramar Campus Miramar‚ Florida MPEREZ@devry.net December 5‚ 2012 Table of Contents Page Presentation………………………………………………………………………………….1 Introduction Overview of the situation….……………………………………………………………

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    Association of Tourism and Hospitality Executive (ATHE) ATHE level 5 Extended Diploma in Management Unit name: Finance for Managers Unit no: 4.9 Assignment title: An investigation report on accounting and financial control Submission date: 21st September 2012 Submitted by: Ahmed Shahir ATHE registration number: Table of contents Introduction 2 Purpose and requirements for keeping financial records 3 Techniques for recording financial information

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    Grievance Handling

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    A STUDY ON EFFECTIVENESS OF GRIEVANCE HANDLING MECHANISM SUMMER PROJECT REPORT Submitted by R.GAYATHRI REGISTER NO: 27348310 Under the guidance of Mrs.R.HEMALATHA‚ MBA Faculty‚ Department Of Management Studies in partial fulfilment for the award of the degree of MASTERS OF BUSINESS ADMINISTRATION DEPARTMENT OF MANAGEMENT STUDIES SRI MANAKULA VINAYAGAR ENGINNERING COLLEGE PONDICHERRY UNIVERSITY PUDUCHERRY‚ INDIA SEPTEMBER 2007 SRI MANAKULA VINAYAGAR ENGINEERING

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    Coal Handling

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    GENERAL WORKING AND DESCRIPTION OF COAL HANDLING PLANT In thermal power station‚ Coal is a principal fuel and hence a careful thought is given to the design and layout of the coal handling plant. As the consumption of coal is very large‚ the design and layout of a coal handling plant should be simple but robust with a view to reduce the maintenance and running cost to the lowest possible figure consistent to reliability. Mode of Coal Transportation : Coal is brought to the power station by three

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    Checklist for Evaluating Internal Controls ACC 544 CHECKLIST FOR EVALUATING INTERNAL CONTROLS Introduction “In response to the number of major corporate accounting scandals rocking the financial world (e.g.‚ Enron‚ WorldCom‚ Xerox‚ KMart‚ etc.)‚ on July 30‚ 2002‚ Congress passed the most wide-sweeping financial reporting legislation since the 1930s (when it established the Securities and Exchange Commission). The Sarbanes-Oxley Act is intended to strengthen corporate

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    the control environment sets the tone of an organization‚ influencing the control consciousness of its people. It is the foundation for all the other components of internal control‚ providing discipline and structure for the whole organization. It is important to an entity in the overall attitude and actions of managements. To overcome the weaknesses for the internal control system over sales‚ the company should have separation of the duties. The company should assign separate cash handlings and

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    As part the celebration of the 50th Anniversary of the OECD‚ OECD Internal Audit and the OECD Public Governance and Territorial Development Directorate‚ in partnership with the Institut Français de l’Audit et du Contrôle Internes (IFACI)‚ the French Chapter of The Institute of Internal Auditors (The IIA) organised a Seminar on: Internal Control and Internal Audit: Ensuring Public Sector Integrity and Accountability‚ which was held on 13 April 2011 at the OECD Conference Centre in Paris. Fostering

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    776‚036 = 1.5974 iii. Times Interest earned ratio = (165‚234 + 119‚658) / 119‚658 = 2.3808 c. Operating Ratios i. Avg. Inventory turnover = 2‚625‚340 / [(627‚853 + 568‚421) / 2] = 4.3891 ii. Avg. Collection Period = 3‚897‚564 / 507‚951 = 7.6731 = 365 / 7.6731 = 47.59 days iii. Avg. Payable Period = 2‚565‚908 / 241‚881 = 10.61 = 365 / 10.61 = 34.4 days iv. Net sales to total assets = 3‚897‚564 / 2‚015‚677 = 1.9336

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