...CARIBBEAN EXAMINATIONS COUNCIL Caribbean Advanced Proficiency Examination® CAPE® MANAGEMENT OF BUSINESS SYLLABUS Effective for examinations from May-June 2013 CXC A27/U2/13 Published by the Caribbean Examinations Council All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form, or by any means electronic, photocopying, recording or otherwise without prior permission of the author or publisher. Correspondence related to the syllabus should be addressed to: The Pro-Registrar Caribbean Examinations Council Caenwood Centre 37 Arnold Road, Kingston 5, Jamaica Telephone Number: + 1 (876) 630-5200 Facsimile Number: + 1 (876) 967-4972 E-mail Address: cxcwzo@cxc.org Website: www.cxc.org Copyright © 2013 by Caribbean Examinations Council The Garrison, St Michael BB14038, Barbados CXC A27/U2/13 CXC A24/U2/12 Contents INTRODUCTION .................................................................................................................................. i RATIONALE ......................................................................................................................................... 1 AIMS .................................................................................................................................................. 1 SKILLS AND ABILITIES TO BE ASSESSED .............................................................................................. 2 STRUCTURE...
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...purpose of this executive summary is to outline the outsourcing / contracting process for Travel Magazine. This process will ultimately be used to determine which business processes at Travel Magazine will be outsourced and which will remain in-house. In addition, this summary will include various vendor selection considerations, such as evaluation criteria and performance measurements, for those processes that will be outsourced. GENERAL OUTSOURCING INFORMATION: The following is some general information regarding the outsourcing of business processes: * Outsourcing promises valuable opportunities, but may also pose substantial challenges and risks * One of the top reasons for outsourcing failures is due to the mismanagement of agreements * The outsourcing market is still overall relatively immature (Krell, 2007) OUTSOURCING DECISION MAKING PROCESS: Before deciding whether or not to outsource any of our business processes, we decided to use three evaluations, other than cost, to ensure that a sound outsourcing decision will be made. We want to ensure that our decision ultimately aligns with our overall strategy, objectives, capabilities, and plans. The three evaluations include: * Identify Strategic Drivers – Identifying the company-specific strategic drivers for the outsourcing decision of each business process is essential to keep everyone on the same page throughout the process. * Evaluate the Full Range of Options – A thorough evaluation of the full range...
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...Week 5: Checkpoint: The System Development Life Cycle A system study needs to be performed on an accounting information system. There are four stages of the system development life cycle (SDLC) of a business information system. The cycles are; planning and investigation, analysis, design, and implementation, follow-up and maintenance. A broad view point needs to be used to perform a system study for planning and investigation. A mission, planning goals, and objectives needs to be placed. A team should be set up that will speak with the management continuously. This team can be outside the IT department for that broad view point. Also, management will need to appoint a steering committee to work with the study team. Problems may appear and the study team should do a crucial investigation of the system. Advising the steering committee of the findings will be done. After finding the source the committee will decide what is to be mended. Either, do nothing, do a further investigation, or execute a formal system analysis. The system analysis stage is organized to examine the system in detail. Goals need to be set, such as; general system goals, top management goals, and operating goals. General system objectives show benefits, decisions, access and flexibility to change. Top management goals provide managers with planning data to assist in creating important decisions for the future. Operating management goals provide specific managers with assistance in present decisions. System...
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...Emmerald Known As : Xavier Address : 18 Catherine Road : Salsoneville : Port Elizabeth : 6059 Telephone Number - Work : 041 402 8800 Home : 041 481 7519 * Cell : 0820815140 * E-mail : Xavier.Cooper@autocast.co.za Identity Number : 701018 5211 085 Home Language : English Other Languages : Afrikaans Notice Period : 1 Month Educational Profile Education and Training Schooling High School : Bethelsdorp High School Year Completed :1990 Standard Attained :Matric Subjects Passed :English, Afrikaans, Biology, Geograhy, Business Economics, Accounting. Higher Education Institution :Bethelsdorp Technical College Year Completed :1992 Qualification Attained :N2 Certificate Subjects Passed :Mathematics, Engineering Science Engineering Drawings, Toolmakers Theory. N3 Drawings. Other Studies/Courses :PC Upgrade and repair Employment Profile Most Recent Employer Name of Company : Autocast SA (Pty) Ltd Dates of Service :2004 to date Current Position Held :Quality Receiving inspector Reporting to :Quality Manager Net Salary : R 8890 ...
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...|SEITZ |February 1 | | |2009 | | A vision, obstacle, and a goal can all be found inside every business, but it is how they |Huntsville Plant | |are seen, defeated, and achieved that sets them apart. SEITZ promises that each and every day,| | |whether or not our doors are open or shut, we will stick to our mission and complete it to its| | |full potential. We will conquer the difficulties that are faced in our path, to ensure that we| | |are fair to customers, guests, employees and business. Relationships with our guests and | | |employees are our number one priority since SEITZ bases their success on the happiness of | | |their clients and employees. Service is an action that we will hold to its best and is | | |completely complimentary to everyone who steps inside our institution. | | Tables of Content: Essay Responses to the Questions....................................................….. 3 Project...
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...Forensic Accounting in Practice Brittany Baskin Dr. John Theodore Contemporary Business November 18, 2012 When you think of the term forensics, what comes to mind? For younger readers CSI probably rings a bell, while the elder crowd would probably think of Quincy. Both TV shows glorified the acts of forensics in a medical sense. But a lesser-known form of forensics has been growing in use around the world. In light of recent accounting scandals throughout the world, investors and regulators have searched for various different methods to improve the safety of investors through more diligent accounting reporting practices. Until recently, detecting fraud was thought to be a part of the responsibility of the accountant. Fraud was something the internal or external auditors were expected to guard against by their periodic audits. We now know that auditors can only check for compliance of a company’s books to the Generally Accepted Accounting Principles (GAAPs) and to company policy; therefore, a new category of accounting had to be established, one which revealed the fraud for companies with suspected fraudulent transactions. This new area of accounting is known as forensic accounting. To fully understand the definition of forensic accounting, we can use parts of the definition of forensic medicine and accounting, both taken from Webster’s Dictionary, to produce a clear definition. Forensic medicine is a “science that deals with the relation and application...
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...implementing stages. Each phase of the installation should be looked upon as a separate project within itself. Allowing the ERP (Enterprise recourse planning) system to proper integrated all groups into one. Successful Implementation One of the most importation stages when implementing new software into a large corporation are the planning stage and the installation stage. These stage or phase of a project are very important because of the affect that the change may have on the business network, server environment, production, or employee work. In the planning stage, the analyst spec out all aspects of the implementation. From the hardware upgrade or implementation to the Operating system that new software will be house on, and the type of software that is being used. The accounting software they we are implementing is NetSuit. I had picked the application because of the ERP (Enterprise recourse planning) that it has within the application. It would handle my accounting uses for all departments, like Accounting, Manufacturing, Distribution, Sales, Marketing, Retails, HR, Information System, and more, but it also give me the ability to use it from a Intranet or online stand point. NetSuit has the proper patches needed to be inserted into an ERP network, where the software will be house on a Unix platform and all data is stored in a centralize database. This allows all departments’ access to the data as it is needed. NetSuit is upgradable; if any new features come out in the near...
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...waive the financial reporting requirements if we show our immediate intent to convert.” Crosby Manufacturing was a $250-million-a-year electronics component manufacturing firm in 2005, at which time Wilfred “Willy” Livingston became president. His first major act was to reorganize the 700 employees into a modified matrix structure. This reorganization was the first step in Livingston’s long-range plan to obtain large government contracts. The matrix provided the customer focal point policy that government agencies prefer. After three years, the matrix seemed to be working. Now they could begin the second phase, an improved MCCS policy. On October 20, 2007, Livingston called a meeting with department managers from project management, cost accounting, MIS, data processing, and planning. Livingston: “We have to replace our present computer with a more advanced model so as to update our MCCS reporting procedures. In order for us to grow, we’ll have to develop capabilities for keeping two or even three different sets of books for our customers. Our present computer does not have this capability. We’re talking about a sizable cash outlay, not...
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...Position Information Working Title Administrative & Office Specialist III Role Title Admin and Office Spec III - 19013 Job Open Date 09-16-2013 Job Close Date Jobs close at 5pm EST. 09-20-2013 Job Type Detail Definition Full-Time Salaried - Non-Faculty- FTS-1 Is this position funded in whole or in part by the American Recovery & Reinvestment Act (Stimulus Package)? No Hiring Range Commensurate w/Experience ($24,479 min. - $54,653 max.) Agency Dept of Education (201) Agency Website Click Here for Agency Website Location Richmond (City) - 760 Sublocation Position Number 00183 Job Posting Number 0072369 Does this position have telework options? No Type of Recruitment Definition General Public - G Job Type Definition Full-Time (Salaried) Pay Band 03 Job Description ***Re-Advertisement*** The Virginia Department of Education is seeking a qualified and experienced individual to provide administrative support for the Planning, Administration, and Accountability Unit in the Office of Career and Technical Education Services (CTE). Responsibilities include managing the Web-based system for CTE review teams; verification of state and federal data; preparing routine correspondence; assisting in the coordination of meetings and professional development activities; preparing mass electronic mailings; preparing travel vouchers and other financial documents; and maintaining databases. Minimum Qualifications ...
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...Chapter1: Financial Accting Standards Board (FASB), Supported by the Financial Accounting Foundation, Five full-time, independent voting members, Answerable only to the Financial Accounting Foundation, Members not required to be CPAs -- The FASB undertakes a series of elaborate information gathering steps before issuing an accounting standards update to determine consensus as to the preferred method of accounting, as well as to anticipate adverse economic consequences. //(Internal Revenue Service, Financial Executives International, American Institute of CPAs, International Accting Standards Boards, Governmental Accting Standards Board, Securities & Exchange Commission, American Accting Association) -( GAAP //GAAP (generally accepted accounting principles) are a dynamic set of both broad and specific guidelines that a company should follow in measuring and reporting the information in their financial statements and related notes. It is important that all companies follow GAAP so that investors can compare financial information across companies to make their resource allocation decisions. //Q: The purpose of the conceptual framework is to guide the Board in developing accounting standards by providing an underlying foundation and basic reasoning on which to consider merits of alternatives. Eight Phases: Objective and Qualitative Characteristics, Elements and Recognition, Measurement, Reporting Entity, Presentation and Disclosure, Framework for a GAAP Hierarchy, Applicability...
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...MARISOL Y. SMITH 3612 Elk Horn TRL SW (770) 658-7884 Atlanta, Ga. 30349 A challenging growth-orient it position, utilizing a strong background in clerical, strong computer skills and administrative duties in the management arena. ·*Program Specialist 2007 to 2011 Arapahoe County Department Human Services, Aurora, Co Maintained ongoing cases files for Food Stamp and/or Family Medical Programs Verified continuance on eligibility with documentation provide by the client. Prepared the monthly report. Data entry. Provided support to other areas within the agency included but not limited to other Program Specialist with their cases load in a monthly basis. Processed new applications after verifying if client has been in the system. Performed interview to current clients and new clients. Processed newborn medical assistance with information provided by the hospital. Sent cases suspected of fraud to the Investigation Unit to determine if fraud has been committed. A percentage of 99% of cases submitted for investigation was proven of committing fraud. *Clerk 2007 to 2007 Job Store/Arapahoe County Department Human Services, Littleton, Co Verified the status of each application for Family Medicaid with the used of CBMS. Transferred open cases to the appropriate Specialist. Cases data entry; programs and their status on Family Med Log In also assisted...
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...I am reluctant to write about you raping me. It is the type of thing that puts people so very on edge, edge of their seats, clinging to the edge, need a drink to take the edge off kind of edge. Before you raped me, I was vibrant in the worst kind of way. I moved like I was a dancer and danced like I was terrible in bed. But I was not a walking contradiction because to say that would be cliche and I was no cliche. It's true that most of the time I was being watched, like I was this little vibrant spec in the middle of a sea of black umbrellas and suits. A vibrant spec that was undeniably watched. If you were watching something special, something that rose to the top in a bubble, then you might have been watching me. I wonder now if you chose me for this reason. Those days, I had a smell so very few ever forgot although they never even really knew it. I would try and leave my scent wherever I went, my bakery-sweet sweat to linger in white cotton curtains that blew in gusts, or silk tablecloths spoiled with red wine, or sheets - dirty with sex juice. It was a scent that reminded people of the worst kind of girl, one who lies and cheats and has found the perfect rhythm and swing of her gait because she's figured out the power of her own hips. My scent would collect people like a flies to sticky paper. I would leave them in my wake. That is how it was with me, then. In time they would all get over it, like a death or a birth or all those things that happen in between...
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...Assignment 1: Inventory Management Systems Systems Analysis and Development April 18, 2014 My sister owns a small clothing store. During a conversation at a family dinner, she mentioned her frustration with having to manually track and reorder high demand items. She would like an automated system but has a very small budget. Manually tracking orders is not an effective way to do business. A good example would be if you were tracking inventory using EXCEL you could accidentally delete the file, or a virus could destroy your system. Pen and paper tracking is absolutely not efficient, and it leaves a lot of room for human error. The purpose of inventory management is to provide uninterrupted production, sales, and/or customer service levels at the minimum cost. Since for many companies inventory is the largest item in the current assets category, inventory problems can and do contribute to losses or even business failures (What is inventory management, n.d.). Inventory control is important for the largest companies, but it is equally important for the smallest businesses as well. For instance, my sister’s small clothing store needs to be able to track its best-selling items along with its slow moving items. It needs to keep a higher on-hand count of the best-selling items, so that customers will not be disappointed if the item that they are looking for is not in-stock. A good inventory system creates efficiency and increases profits. My sister’s budget is very limited. So...
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...•GTAG 2: What is it? •Internal Auditor Expectations •Common Change Management Challenges •Wrap Up / Q&A Note: CPE will be offered for those that answer at least 4 (of the 5) polls presented during the webinar. 4 © 2012 ERPRA Introductions Jeffrey T. Hare, CPA CISA CIA: •Founder of ERP Risk Advisors / Oracle User Best Practices Board •Written various white papers on Internal Controls and Security Best Practices in an Oracle Applications environment •Frequent contributor to OAUG’s Insight magazine •Experience includes Big 4 audit, 6 years in CFO/Controller roles – both as auditor and auditee •In Oracle applications space since 1998 – as client and consultant •Founder of Internal Controls Repository •Author Oracle E-Business Suite Controls: Application Security Best Practices •Contributing author Best Practices in Financial Risk Management •Published in ISACA’s Control Journal and ACFE’s Fraud Magazine 5 © 2012 ERPRA Poll 1: Will you be needing a CPE Certificate? • Yes • No • Not Sure 6 © 2012 ERPRA GTAG 2 – What is it? •Global Technology Audit Guide: Change and Patch Management Controls: Critical for Organizational Success 7 © 2012 ERPRA Poll 2: How would you rate your Change Management maturity on a scale of 1 to 5 with 1 being not mature and 5...
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...Version 1 V Genera Certificate of Education (A-lev G al o vel) June 20 J 012 Accou A unting g (Spec ( cificati 21 ion 120) ACCN N1 Unit 1: Intro U oduct tion to Fina o ancial Acco l ountin ng F al Fina Mar S eme rk Sche e Mark schemes are prepared by the Principal Examiner and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all examiners participate in and is the scheme which was used by them in this examination. The standardisation process ensures that the mark scheme covers the candidates’ responses to questions and that every examiner understands and applies it in the same correct way. As preparation for standardisation each examiner analyses a number of candidates’ scripts: alternative answers not already covered by the mark scheme are discussed and legislated for. If, after the standardisation process, examiners encounter unusual answers which have not been raised they are required to refer these to the Principal Examiner. It must be stressed that a mark scheme is a working document, in many cases further developed and expanded on the basis of candidates’ reactions to a particular paper. Assumptions about future mark schemes on the basis of one year’s document should be avoided; whilst the guiding principles of assessment remain constant, details will change, depending on the content of a particular examination paper. Further copies...
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