assessment requirements of AAT Learning and Assessment Area ‘Internal Control and Accounting Systems.’ | |The objectives of this report are to: | |a)analyse accounting system and effectiveness of its internal control | |b) to identify the strengths and weaknesses of accounting system and to recommend necessary improvements
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When does employee fraud occur? It is commonly accepted that the presence of the three elements of the “Fraud Triangle” increases the risk of employee fraud: Motivation: The employee is somehow motivated to commit a fraud. Economic factors such as personal financial distress‚ substance abuse‚ gambling‚ overspending‚ or other similar addictive behaviors may provide motivation. The current national economic recession may serve to increase the incidence of such financial motivations. Opportunity:
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Throughout my educational career‚ I have always disliked group work. To me‚ group work is only beneficial to those individuals that normally do poorly on projects and who view the opportunity of working in a group as a chance to improve their own grades at the cost of the other individuals in the group. When working on a project on my own‚ I strive for perfection by watching every detail closely—from the font on a page to the alignment of sentences on a PowerPoint presentation. But‚ since I am not
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Being reliable means to be able to be trusted. There are very few reliable people in this world. Thomas Spears exhibits great characteristics of being reliable. If asked any questions‚ you can count on him to think of a clever response. He can be trusted with important information. Thomas Spears can also be relied on for support. Thomas can be relied on for questions‚ related to sports and music. For instance‚ at the start of the basketball preseason‚ people were very curious about which team drafted
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Internal Control and Risk Evaluation Accounting Information Systems 542 October 10‚ 2011 Analyze the risks in the systems that your team analyzed An Accounting Information System is an integral part of the new design of Kudler’s computer system. Accountants do not necessarily need to understand completely how computers process data of the accounting application‚ but it is essential for them to understand the flowcharts and documentation that shows how this processing works. The purpose
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Strengths: Fast introduction of new products Powerful performance in non-soup product lines Increased revenue from strong performance in international sectors A leader in many brand categories Weaknesses Declining performance in the core domestic soup category Increasing expenditures on marketing / promotions Heavy dependence on United States market Technological Impact Technological advances in the canning industry accelerated after the Civil War. The invention of the
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Accounting for Managers Discuss the strengths and weaknesses of the accounting concepts and conventions and of the regulatory framework (SSAPs and FRSs) that govern published financial statements. Do the criticisms of the concept and the regulatory framework mean that published financial statement do not provide investors with useful information? Introduction Strengths Weaknesses Information needs of investors Conclusion Discuss the strengths and weaknesses of the accounting concepts and conventions
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People are people no matter when or where they live‚ they still have the same problems Alice Walker reveals Maggie’s character by revealing her actions‚ strengths and weaknesses and priorities. In the story “Everyday Use” First‚ the story shows Maggie’s actions. Maggie is shy around her sister because she mistreats her. According to the story “Maggie will be nervous until her sister goes” (109). That lets the reader know that Maggie gets nervous around her sister. The fire changed something in Maggie
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Strengths and Weaknesses of Neorealism‚ Neoliberalism and Constructivism Introduction Our world since its origination has been a ‘hotbed’ of activity. Activity in the sense‚ we humans have been showing activeness both mentally and physically‚ which have transformed our globe from an archaic one to an advanced one. That advancement is evident in every sphere of our life‚ as well as in the ‘sphere’‚ we live in. In addition‚ that advancement or development is seen in one of the important activities
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different to the table. This brings to to discuss personal strengths and weaknessess within myself and my everyday living. Personal strengths are areas where we tend to excel‚ and seem to express above average. Personal Weaknesses to me are areas where we would like to excel but seem to still need improvement. If I can‚ let me share with you my strengths and weaknesses and see how they effect my everyday being. Lets begin with my personal strengths. To me these are areas where I think I excel and have
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