INTERNAL AUDIT 1 Internal audit ‘Internal audit’ is an appraisal activity established by management for the review of accounting and internal control systems as a service to the entity. It reviews‚ monitors and make recommendations for the improvement of systems. Other activities include: Examination of financial information Review of economy‚ efficiency and effectiveness (‘value-for-money’ audits) Review of compliance with external laws and regulations Review of internal policies Review
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Executive Summary We recommend a single internal structure that includes all job families‚ and uses the same job point evaluation plan to evaluate all positions. The single structure will allow us to evaluate employees on an equal level and it will be easier for the employees to follow. The job point evaluation consists of a grand total one thousand points with 25% weighted towards Education‚ 20% weighted towards Experience‚ Technical‚ and Creativity/Innovativeness‚ and lastly 15% weighted towards
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EMPLOYMENT LAW Introduction The aim of this Assessment is to demonstrate an understanding of employment regulation and how it is enforced. Other areas covered include; how to manage recruitment‚ manage issues relating to pay and working time lawfully and how to ensure that staff are treated lawfully when they at work. Finally it will cover managing performance and disciplinary matters lawfully. Activity 1 The purpose of Employment Law is to provide legal protection to employees and employers. Employment
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Employment –At – Will Doctrine Alicia Marie Bing Law‚ Ethics & Corporate Governance – LEG 500 Dr. Demetrius Abraham 26 January 2014 TABLE OF CONTENTS Title Page i Certification of Authorship ii I. Abstract 5 II. Summarization: Employment-At-Will Doctrine 6 II a. Allowable Exceptions to Legally Fire 6 II b. Decision and Reasoning to Limit Liability and Impact Operations 7 III. Position Recommendation;
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Preparation Resources Module 1: Introduction to internal auditing Overview The first module in this course sets the stage for your study of internal auditing (also known as “management auditing”). You consider the definition‚ development‚ and scope of internal auditing. You also consider the business environment and identify and analyze its accompanying risks. The various types of internal audits and the relationship between internal auditing and performance measurement are explained. Finally
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The impact of Political‚ Legal and Social factors on a business Describe how political‚ legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. Political factors: ‘’Political factors are how and to what degree a government intervenes in the economy.’’ (http://en.wikipedia.org/wiki/PEST_analysis) Political factors include: * Environmental regulation and protection * Taxation ( corporate: consumer) * International
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usually based on perceived value and cost are external factors that influence price. These factors are precipitated on reference prices either from previous purchases‚ reference from other users‚ real or perceived quality of a good or service amongst others. Internal pricing factors are the firms pricing objectives which eventually lead to adoption of price method or methods. The organization has some measure of control over the internal pricing factors. Kotler & Keller buttress this point by emphasizing
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Internal communication is the epoxy that holds an organization alongside one another. Devoid of it‚ you’re just a collection of disconnected individuals each working individually at her own job. With it‚ you’re a unit with power far beyond the sum of your parts. So Internal Communication‚ in an enterprise perspective‚ is the dialogic course of action between employees and employer‚ and employees and employees. The research shows that a excellent internal communication can generate many positive
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Business Law Notes! ! 1. Employment! Definitions:! Employee‚ Employer‚ Contract‚ Contract of Employment‚ contract of service‚ contract for service! ! Cases:! Ferguson v John Dawson & Partners 1976! - Builder Labourer - no deduction of NIC and Income Tax - worked as self-employed contractor! - employer could dismiss‚ decide on which site to work and direct him about the work - provide tools! - Injured - resultantly sued employer on the basis of his legal duty as employer! - Decision
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THE INTERNAL ASSESSMENT OUTLINE | The Nature of an Internal Audit | | Integrating Strategy and Culture | | Management | | Marketing | | Finance/Accounting | | Production/Operations | | Research and Development | | Management Information Systems | | The Internal Factor Evaluation (IFE) Matrix | OBJECTIVES After studying this paper‚ you should be able to do the following: 1. | Describe how to perform an internal strategic-management audit. | 2. | Discuss
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