I would like to discuss the Post with some basic concepts based on the research about the "Classic affinity scam" or "Ponzi Scheme" also called as "Madoff Investment Scandal".This Scam was estimated worth of $64.8 Billion which resulted in collapse of Investments in the global community and effected from the prominent celebrities to the veteran pensioners. Bernard Madoff the founder of Bernard.L.Madoff Investment securities LLC in the early 1960’s was it chairman and also had some prominent positions
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Pyramid schemes are very harmful towards investors‚ and are hard to watch out for unless you know exactly what they are‚ why they fail‚ the effect of the failure‚ common victims‚ how to avoid them‚ and how to prevent them from spreading. More individuals are hurt than are helped when dealing with these scams. Individuals should be more informed about pyramid schemes‚ because they can be easily disguised. Participating in scams‚ will more than likely lead to a loss in money. “A pyramid scheme is a get-rich-quick
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Payroll System Implementation This report will first examine the Testing Process Summary. This will include a definitive test plan which will identify the major functions of the systems software and hardware to be tested as well as the required system outcomes. Secondly‚ the installation process and training plan summary will be identified. For this portion of the writing‚ a Gantt chart will be used to identify the steps and related resources needed to implement the system. A narrative explanation
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HR Payroll Systems HR Payroll Systems was created to assist HR Professionals with the identification‚ evaluation and selection of an HR payroll software solution (HRIS/HRMS). Whether you’re looking to automate a manual process or replace vendors‚ we are here to help you identify HR payroll software solutions that will best fit your organizational needs. We have partnered with several of the leading HR payroll vendors on the market. Our pledge is to be your vendor-neutral resource for everything HRIS
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Nowadays some company using a Computerized Payroll System so that they can work much easier. All establishment are becoming modernized‚ they use modern technologies to make their transaction fast‚ easy‚ and accurate in order to avoid waste of time and for the sake of safety and security. Payroll is one of the difficult work things to do‚ because they are the one handling the reporting‚ salary for the employee‚ wages‚ bonuses‚ deduction and depositing payroll taxes to the appropriate agency in an accurate
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TABLE OF CONTACT I. PROJECT PROPOSAL 1.1 Cover page……………………………………………………………page 1 1.2 Table of content……………………………………………………page 2 1.3 Introduction…………………………………………………………page 3 1.4 Aim……………………………………………………………………… page 4 1.5 Problem definition…………………………………………………page 5 1.6 Hypothèses……………………………………………………………page 6 1.7 Objective……………………………………………………………….page7&8 1.8 Justifications…………………………………………………………page9&10 1.9 Expectation…………………………………………………………..page11&12 1.10 Conclusion…………………………………………………………
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An employer uses a payroll system to process its payroll. Consequently‚ payroll cannot be processed without a payroll system. A payroll system allows the employer to pay employees on time and accurately‚ plus comply with other statutory regulations. Employers with non-exempt workers‚ those not exempt from overtime pay‚ therefore must keep a record of hours worked for each employee. Any timekeeping system is fine‚ but it should be accurate‚ complete and compatible with the payroll system being used
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Problem Statement The study specifically seeks to answer the following problems in manual payroll process: • Speed in processing payroll tends to be slow. • Prone to mathematical errors that could consume much time than it should and could cause financial or legal trouble. • Tallying of time cards is done manually. • Time consuming in double checking the consistency of all the reports. • Difficult and time consuming in keeping up-to-date in taxes and other deductions.
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INTRODUCTION Payroll System is an important application that should be used by business of any transactions. This system is a guaranteed way to make sure that the payroll is done on time and in agreement with all the taxing authorities and the salary of the employee. Payroll systems are simple to use and easily affordable. These systems can be programmed to calculate taxes and deductions of each employee’s to specific area. Most systems have a database that can be accessed for updating. Payroll system
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My Payroll Design My Payroll is a web based payroll application capable of doing a basic payroll. This project tries to encompass all the learning you have had during the course of the last few weeks. At the end of this project‚ you would have applied your Object Oriented Concepts‚ Database understanding‚ and use of a modern language‚ clean and structured code. Page 1 of 25 Contents 1 2 3 4. Summary ................................................................................
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