...Application of Financial Statements: The Balance Sheet Tonesha Gadson Strayer University Financial Accounting (ACC 557) Professor Mary Johnson May 27th, 2012 Abstract Many people may ask why Financial Accounting is needed and is so prevalent in the business world and in personal living. What is its importance and activities involved? Why is it so crucial in commerce performance and individual responsibilities? Most significantly, which financial statements are of great magnitude in work and life? To the point, financial accounting is the process of summarizing financial data taken from an organization's accounting records and publishing in the form of annual (or more frequent) reports for the benefit of people outside the organization. This financial data are then entered into financial statements, which is based on the main accounting equation: Assets = Liabilities + Owners’ Equity. Financial statements show you the money and show you where a company’s money came from, where it went, and where it is now (U.S. Securities and Exchange Commission, 2007). With that said, there are four basic financial statements in calculating an organization’s and one’s own financial stability: -Balance Sheet -Income Statement -Cash Flow Statement -Statement of Owners’ Equity In this report, a major emphasis will be placed on the initial basic financial statements and how it’s applied in the business world and personal use-the Balance Sheet. Not only...
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...Software Applications: Please be guided by the "Guidelines" attached during your Final Presentation. In addition, please photocopy 42 copies of the "Rating Sheet" that will be distributed to your classmates during your presentation. Start of Presentation for MWF Schedule is on Friday, September 28, 2012. For TTH Schedule, October 2, 2012 (Tuesday) Please be on time. (Door closes after the grace period) Thank you and Good Luck!!! Ma'am Casas GUIDELINES FOR FINAL EXAM PRESENTATION: 1. The PRESENTATION IS GOOD FOR 5-7 MINUTES ONLY. SHOULD YOU EXCEED THE TIME LIMIT, YOU WILL BE INSTRUCTED TO STOP THE PRESENTATION. 2. IN CASE OF FILE MALFUNCTION, YOU FORFIT YOUR CHANCE. FOR SPECIAL CONSIDERATION, YOU MAY PRESENT ONLY AFTER EVERYBODY HAS PRESENTED AS LATE PRESENTER. (THIS CONSIDERATION SHALL BE GIVEN IF TIME PERMITS). 3. PLS. PRINT 45 PCS. OF EVALUATION SHEET THAT WILL BE GIVEN TO YOUR CLASSMATES DURING THE PRESENTATION (FINAL EXAM GRADE=50% CLASS’ RATING & 50% PROFESSOR’S RATING). DOWNLOAD FROM YOUR E-LEARNING ACCOUNT. 4. ON THE DAY OF YOUR PRESENTATION, YOU WILL SUBMIT A HARD COPY (POWERPOINT HAND-OUT FORMAT, 4 SLIDES PER PAGE, IN FULL COLOR) AND A SOFT COPY IN CD WITH HARD CASE (PROPERLY LABELED). USE A CLEAR FOLDER, FASTENED WITH 2 SMALL BINDER CLIPS. 5. Bring your checked ms word print out for checking… THANK YOU. GOOD LUCK! Final Exam Rating Sheet Introduction to Computer/Computer Software Application Stu...
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...individual email? YES NO 6. Internet Connection and PC Penetration PerDivision/Office/Department | What is/are the reason/s for not connecting to the internet?(Multiple selections are okay) No available ISP in the area No budget No management support Still in the planning stage and will be set-up on ___________________ Others (Specify __________________ __________________ __________________ | | Division/office/Department Name | Population | Computer (Quantity) | Internet Connection (Quantity) | | | | | | | | | Problems encountered in connecting to the internet(Use separate sheet if needed) | Current problems encountered within the use of internet(Use separate sheet if needed) | | | | | | | | | | | | | Do you have any suggested solution/s to the problem /s that you have encountered? YES NOIf YES, please give your suggested solution/s to the problem/s indicated above. | | | | | | | | | | | | | Is your LGU connected...
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...individual email? YES NO 6. Internet Connection and PC Penetration PerDivision/Office/Department | What is/are the reason/s for not connecting to the internet?(Multiple selections are okay) No available ISP in the area No budget No management support Still in the planning stage and will be set-up on ___________________ Others (Specify __________________ __________________ __________________ | | Division/office/Department Name | Population | Computer (Quantity) | Internet Connection (Quantity) | | | | | | | | | Problems encountered in connecting to the internet(Use separate sheet if needed) | Current problems encountered within the use of internet(Use separate sheet if needed) | | | | | | | | | | | | | Do you have any suggested solution/s to the problem /s that you have encountered? YES NOIf YES, please give your suggested solution/s to the problem/s indicated above. | | | | | | | | | | | | | Is your LGU connected...
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...Description Title of Invention : Sample Application This is a sample text. The description must disclose the invention in a manner sufficiently clear and complete for it to be carried out by a person skilled in the art. It must start with the title of the invention as appearing in Box No. I of the request. Rule 5 contains detailed requirements as to the “manner and order” of the sdescription, which, generally, should be in six parts. Those parts should have the following headings: “Technical Field”, “Background Art”, “Disclosure of Invention”, “Brief Description of Drawings”, “Best Mode for Carrying Out the Invention” or, where appropriate (see paragraph 115), “Mode(s) for Carrying Out the Invention”, “Industrial Applicability”, and, where applicable, “Sequence Listing” and “Sequence Listing Free Text” This is a sample text. The description must disclose the invention in a manner sufficiently clear and complete for it to be carried out by a person skilled in the art. It must start with the title of the invention as appearing in Box No. I of the request. Rule 5 contains detailed requirements as to the “manner and order” of the sdescription, which, generally, should be in six parts. Those parts should have the following headings: This is a sample text. The description must disclose the invention in a manner sufficiently clear and complete for it to be carried out by a person skilled in the art. It must start with the title of the invention as appearing in Box No. I of the request...
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... | | | |JCoSS is committed to safeguarding and promoting the welfare of children and young people and expects all its staff and volunteers to share this | |commitment. All postholders are subject to satisfactory enhanced Disclosure and Barring Service (DBS) clearance. | | | Teaching Staff Application Form |...
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...enlighten you on how each of these departments software function and show you why each are needed. An excellent software application for Accounting is the Formtran application. This application is known for being the fastest data collector. The application offers compliance, consistency, and efficiency. This provides help with purchase orders, credit memos, invoices, physical inventor forms, fixed asset forms, capital expenditure requests, and check requests. The software provides a system that helps with certification testing, applicant tracking, charitable fund drives, employee satisfaction, pre-employment testing, time sheets, training, and pay roll forms. If one works in the Marketing department one would benefit from Customer relationship management (CRM). CRM is used the most in large organizations. The marketing and sales department can capture, store, and organize information with the use of CRM to better improve the quality of service to existing and new potential customers. At one touch of a button key information about a company’s customers can help marketing personal make timely and accurate decisions. In the Human Resources department, software applications such as iCIMS are being used by companies such as Rite Aid, Hershey’s, Continental Airlines and many more. Since HR deals mainly with its people such as employees, this application was designed to meet the customer needs. HR needs such programs to maintain employee records, personal information or disciplinary...
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...scheduling their employees, access to ordering product for the store needs, and access to reports to obtain labor and cost control (Rainer Jr. 2011). There are many organizations that use database to operate their business. Microsoft, Access, DB2, and Oracle are a few database applications available to effectively absorb data. Microsoft is user friendly. It provides the user with the necessary tools to run a successful business. One organization that uses Microsoft is Arby’s. The operational manager at Arby’s organization is responsible for many positions in this company. They must be able to make a schedule, order product, provide reports, and control operations. With Microsoft application, the operational manager is capable of performing his or her duties. Microsoft provide applications for Arby’s organization called menu link and aloha. Menu link is an application to help the operational manager provide cost and labor reports. The labor management uses POS data to store sales in order to make a schedule. The operation manager inputs the amount of sales use for each day to receive a guideline for how much labor to use for the week. This information is saved and sent to the schedule spread sheet. The spread sheet use is Microsoft excel software. This chart is an example of a schedule. Arby’s takes the daily labor cost and the total hours to achieve the store need for staff on day-to-day bases. The ending results reflect how much labor used for the sales produce on...
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...With the rise of the importance of information and of information technology, the range of career opportunities for IS managers has expanded. To illustrate the variety of jobs running in MIS and the importance of IS to other career paths, I have listed four job openings in MIS and four other ones in Accounting, which is an area that heavily relies on information systems. Careers in MIS Job title: Software quality assurance analyst Skills and knowledge requirements: • Education: Completion of high school, completion of college/CEGEP/vocational or technical training • Experience: 3 years to less than 5 years • Languages: Speak English, read English, write English • Specific skills: Confer with clients to identify and document requirements, conduct business and technical studies, design, develop and implement information systems business solutions, provide advice on information systems strategy, policy, management and service delivery, develop and implement policies and procedures throughout the software development life cycle, conduct reviews to assess quality assurance practices • Computer and technology knowledge: Windows, Intranet, Internet, Multimedia software, Word processing software, Spreadsheet software, Presentation software, Office suites, Electronic mailing software • Work conditions and physical capabilities: Fast-paced environment, work under pressure, tight deadlines, repetitive tasks, attention to detail, combination of sitting, standing, walking • Essential...
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...Application Setup Document Internet Expenses Author: Creation Date: Last Updated: Version: 1.0 Release: 11.5.10 Document Control Change Record 4 Date | Author | Version | Change Reference | | | | | | | | | | | | | | | | | | | | | Reviewers Name | Position | | | | | | | | | | | | | Contents Document Control ii Enable Project Expenditure Types for Expense Report Entry 1 AP: Define Expense Report Templates 2 AP: Define Financials Options 3 AP: Set Expense Check Reimbursement Address 3 AP: Define Expenses Clearing Account 3 AP: Define Payables Options 4 AP: Establish Multiple Currencies Setup 4 AP: Defining Expense Report Options 4 Assign Signing Limits 6 Define iExpense Policies 7 Set Up Required Expense Fields 7 Enable Expense Allocations 8 Define Receipt Notification Rule Set 9 Assign Receipt Notification Rule Set 10 Define Mileage Rate Schedule 11 Complete Mileage Expense Type Definition in Payables 12 SA: Define Profile Options 13 System Administration Integration 18 Customize the Internet Expenses Workflow 19 Define a new OIEADMIN Role 19 Define Workflow Notification Performers 20 Change the Find Approver Method 21 Personalize Expense Report Submission Instructions 22 Integrating with Oracle Projects Summary 23 7. Enable the Display of Project and Task. Use the Region Items window to enable the display of project and task information. You need to perform...
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...Decision Support System SYNOPSIS DSS Development 1. General idea of design and development process approaches: a. Traditional systems analysis and design, SDLC approach. b. An iterative, speedy prototyping c. Managers can develop their own personal DSS 2. Investigate alternative designs along with the development process approaches a. Building effective DSS is important matter b. Choose an approach that increases the chances of benefits of DSS c. Building a DSS is a difficult task since different employees have different job responsibilities and take different decisions. 3. Decision oriented Design Approach a. Pre design description and diagnosis of decision making functions b. Diagnosis of current decision making is to be prepared c. Determine how decisions are currently made 4. Decision orientation is the key a. Specify changes in decision process b. Flow chart the process c. Specify what specific improvements in the decision performance are to be made 5. Diagnostic Steps a. Collect data on present decision making b. Use interviews, observations or pervious records. c. Establish a logical description of the same d. Specify a norm as to how a decision should be made 6. Decision process audit plan a. What will be audited and by whom? b. Examine and diagram the process? c. Observe and collect data? d. Evaluate performance e. Reporting and recommendations are done accordingly 1 Decision Support System 7. Reaching a diagnosis a. Focus on identifying...
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...does not include the cover sheet or citation sheet. Summary should be written as a paper, not a question and answer document, uploaded to D2L dropbox. You will have to find an IT professional to interview on your own. Description of this assignment 1. Each student needs to find a candidate for a Post-implementation Review (PIR) report describing an information systems development project. 2. Where can you find an information technology professional to interview? You will have to find an IT professional to interview on your own. 3. If you work for a business or government organization, you should consider interviewing the IT/MIS director for your organization. If you work P/T or F/T in any reasonably sized organization, it is likely that there are some IT workers around (like help desk staff, programmers, analysts, network technicians or even IT managers). It can even be a friend, relative or acquaintance you know who works in such a job. 4. The following is a list of themes that you could address in the interview: Please do not write this paper in question and answer format. Use the questions below to help guide the interview. ▪ What type of job does he/she do? For whom? ▪ What projects is he/she currently working on for the organization? ▪ What projects has he/she recently completed? ▪ What IT applications has the firm recently implemented? ▪ Were the most recently applications developed in-house, were they...
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...Organizations have demanded greater use of newer technologies in recent years to stay competitive. Important issues involving the use of electronic or online commerce include when and how a company incorporates these new technologies. At ERAU Airlines , the Human Resources department is overhauling these systems to offer employees the latest technology to make online transactions easier. The ability to view job postings, apply for jobs and to choose benefits are some of the features of the new system. Theonline application system is cost-effective and straightforward. Candidates applying for a job online don’t need to worry about filling out hard-copy forms or mailing in resumes. Our online application process also allows us to provide a more structured format for applicants. ERAU Airlines HR department is currently using an applicant system. ATS, is a software application that enables the electronic handling of a company’s recruitment needs. This software application will allow our organization to collect and store candidate and job related data, as well as track and monitor the process of the candidates through all stages of the hiring process. We can post job openings on our corporate website, screen resumes, and generate interview requests to potential candidates by email. Other features include pre-screening questions, source tracking, and source effectiveness reports and resume processing tools. Online benefits administration has never been easier. Enjoy the freedom...
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...User Administration |User Administration | | | |Module |Functionality |Integration | | | |Requirement | |General | | | | |System should have one super system administrator | | | |Super system admin shall be able to create roles for all system administrators and override | | | |the privileges created by system administrators. | | | |User credentials shall be communicated to user on the instance of creation and by system | | | |generated email. | | | |System administrators shall be able change their passwords and history shall be saved in | | | |system. ...
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...COMPLETING THE DS-0174, APPLICATION FOR EMPLOYMENT AS A LOCALLY EMPLOYED STAFF OR FAMILY MEMBER ________________________________________________________________________ IMPORTANT INFORMATION ABOUT MISSION EMPLOYMENT AND APPLYING FOR MISSION POSITIONS ________________________________________________________________________ 1. You must apply for Mission positions using the DS-0174, or a resume that provides all the information on the DS-0174. If you submit only a resume and it does not provide all the information requested on the DS-0174, Mission HR has the authority to require that you complete a DS-0174 at some point during your candidacy. Failure to provide all the information requested on the DS-0174 either by completing the DS-0174, or submitting a resume that contains all the information on the DS-0174, means you may lose consideration for the position. 2. Make sure you are eligible to apply. For example, the Mission sometimes restricts recruitment to current Mission employees. 3. The Mission Human Resources office must receive your application package by the closing date on the Vacancy Announcement. Otherwise, you lose consideration for the position. 4. Providing your U.S. Social Security Number (for U.S. Citizens and Legal Permanent Residents of the U.S.), or country identification number (for everyone else), as well as all other personal information, is voluntary. However, Mission HR is unable to process your application if you do not voluntarily...
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