...Internal Control Procedures For Petsmart Jayla West University of Phoenix August 31, 2014 I chose Petsmart as my topic for my paper. Mainly because I have pets and that is where I purchase all my necessities for the animals that I truly treat like my kids. I thought it would be interesting to see what the internal procedures for this company are. Petsmart has an audit committee which is selected by the Board of Directors, and is comprised of at least three board members who remain independent of the company and the management team. This is mainly because of the NASDAQ National Market rules that are in place and must be followed. By following these rules outlined, all committee members will meet the financial literacy requirements of the NASDAQ, and at least one member will meet the financial expertise required by the NASDAQ. The purpose of the Committee is to assist the Board in fulfilling its oversight responsibilities relating to the integrity of the Company’s financial statements and accounting and financial reporting processes; the audit of the Company’s financial statements; the compliance by the Company with its systems of internal accounting and financial controls and legal and regulatory requirements; the independence of the Company’s external auditors and the performance of the Company’s external and internal auditors. The committee is allowed access to all financial books, records, facilities, and personnel of the company in order to properly...
Words: 1140 - Pages: 5
...CHAPTER-2 REAEARCH DESIGN TITLE OF THE STUDY A Study on internal control procedures of HR management towards employees with reference to Advik Hi-Tech Pvt ltd Kolar STATEMENT OF THE PROBLEM There are various controls within the organization that betterment the behavior of the employees for best results. Controls on personal career, development etc is not being given prime importance in many organizations. This may lead to damages to the working of the organization thereby affecting image, reputation and goodwill of the organization. The problem lies in organization not making a sincere attempt to concentrate on such problems. The aim of this study is to analyze and find solutions to these burning issues REVIEW OF LITERATURE A literature is...
Words: 1484 - Pages: 6
...Term |a) A bank lockbox system | |Which of the following controls would most likely reduce the risk of | |diversion of customer receipts by a client's employees? | |a) A bank lockbox system | |b) Prenumbered remittance advices | |c) Monthly bank reconciliations | |d) Daily deposit of cash receipts | Term |b) Stamped "paid" by the check signer | |To provide assurance that each voucher is submitted and paid only once, the | |auditors most likely would examine a sample of paid vouchers and determine | |whether each voucher is: | |a) Supported by a vendor's invoice | |b) Stamped "paid" by the check signer | |c) Prenumbered and accounted for | |d) Approved for authorized purchases | Term |d) Is responsible for mailing the checks | |In testing controls over cash disbursements, the auditors most likely would | |determine that the person who signs checks also: | |a) Reviews...
Words: 3263 - Pages: 14
...University of Wolverhampton Staff Exit Procedure Staff Exit Procedure Introduction This document is intended to provide guidance to line managers for the actions required and issues to consider when a member of staff leaves the University. These arrangements apply to all staff-type accounts, including affiliates, temporary staff and work placements. Activities can broadly be split into five categories: Admin Procedures & Forms Planning Complete paperwork to ensure correct administration on Payroll and HR systems To think about the impact that the member of staff’s departure will have on departmental operations and plan accordingly Important physical documents and files are identified and handed over to a nominated individual. Ensure data stored electronically is weeded and retained if appropriate. This includes arrangement for email and the member of staff’s IT account Ensure any University property assigned to the member of staff is recovered Documents IT Account – (Data Storage & Email) Property 1. Admin Procedures & Forms 1.1 If the member of staff is leaving the university, upon receipt of written notice, a PERS025 Termination form must be completed and passed to the Dean/Head of School/Service before being forwarded to the Personnel Department. 1.2 If available, the original PERS039 form created when the member of staff commenced employment should be obtained from the member of staff’s file or a new (revised 2009) form created. The PERS039 form should be...
Words: 2051 - Pages: 9
...Medical Billing and coding compliance is very important to the billing world. Billing management starts at the first patient contact and ends only when the account has been paid in full. . In between, there are a series of important steps, each of which is critical for accurate billing and proper reimbursement. In this essay we are going to discuss the importance of the linkage code, implications of incorrect medical coding, and how physicians and payers fee are related to the billing compliance. We are also going to discuss what steps we can take to meet the compliance standards. When claims are filed correctly they will show the connection between the service being billed and the diagnosis code. The linkage code helps determine which procedure goes with which diagnosis code. If the linkage codes are not correct this will cause the claim to be denied. Linkage codes help the payer to determine the medical necessity for the service provided. Payers will determine the coverage by medical necessity. Services that are considered to be of nonmedical necessity are not covered under an insurance policy. It is important that the billing specialist be aware that different payers will have their own set of medical necessity edits. The implications of incorrect medical coding can cause issues for both the medical provider and the patient. Coding incorrectly can cause denial of claims. Providers would lose their patients trust, causing them to seek health care elsewhere. Providers can...
Words: 854 - Pages: 4
...WEEK 6 - Interpersonal skills and resolving conflict ------------------------------------------------- BAA7411 Workplace Attributes… Key Session Outcomes * Understanding interpersonal skills * How to resolve conflict * Decision-making and communicating ideas. WEEK SIX - Introduction… This week we will look at how interpersonal skills (coupled with all the previous attributes learned) will be very effective in a conflict situation (and, of course, many other workplace environments). WEEK SIX - Reading(s)… All relevant readings will be placed on MyLO. ------------------------------------------------- Ex 1 - Debating the options In small teams you are going to debate an issue (you may not necessarily agree with the argument you are to present - but you must present it convincingly!). You may search the Internet to assist in your debate. Your company has recently added new technical products to its sales line. The CEO has communicated that all employees are to complete a skills audit to find out who has knowledge and skills with the new products. The CEO expects all personnel to be fully au fait with the new products within 4 weeks (and asks you to decide how this will happen!). OPTION 1 - Your team decides that training employees is time consuming and costly and that the CEO should offer redundancy to unskilled employees - then recruit for people who already have the skills and who can start work immediately. Write notes to support...
Words: 2197 - Pages: 9
... Accordingly, no accrual was recorded in the financial statements, and CPAsR-Us issued a standard unqualified opinion on Fast Eddie’s 2006 financial statements. Fast Eddie’s fiscal year-end is March 31. The government commenced its investigation into the allegations in late 2005 by obtaining a subpoena for all of Fast Eddie’s corporate records (both hard copy documents and computer files) related to government sales during the period in question. In 2006, the government provided Sweet Lou with a report detailing the allegations of defective pricing. At that time, Sweet Lou alerted the other officers at Fast Eddie of the manner in which he had prepared the documents in question. Fast Eddie immediately began an internal investigation to ascertain whether proper procedures had been followed when completing the governmental sales forms. Fast Eddie also retained an expert legal counsel in the field of procurement law in an attempt to determine whether the company had any legal exposure as a result of Sweet Lou’s actions. Fast Eddie determined that the sales forms had been...
Words: 2320 - Pages: 10
...before the court of law) are very complicated and the parties do not know them. As a consequence, they must be assisted by lawyers before the court of law and lawyers are very expensive. Due to these disadvantages, the merchants prefer alternative ways for the settlement of disputes, such as the arbitration. The commercial arbitration represents a jurisdictional way of settling commercial disputes. It means that the hearing and the settlement of the dispute between parties is performed by a person or persons chosen or agreed to by them. The parties to a commercial contract may choose the arbitration in order to settle the dispute only if the procedural law of their country allows them to do so. For example, in Romania, the Code of civil procedure allows the parties to choose the arbitration in order to settle disputes. The commercial arbitration may be classified according to several criteria, as follows: A. According to the elements used by arbitrators...
Words: 2212 - Pages: 9
...ALTIBASE Administration Administrator’s Manual Release 5.5.1 January 12, 2012 ALTIBASE Administration Administrator’s Manual Release 5.5.1 Copyright © 2001~2010 Altibase Corporation. All rights reserved. This manual contains proprietary information of Altibase Corporation; it is provided under a license agreement containing restrictions on use and disclosure and is also protected by copyright patent and other intellectual property law. Reverse engineering of the software is prohibited. All trademarks, registered or otherwise, are the property of their respective owners Altibase Corporation 10F, Daerung PostTower II, 182-13, Guro-dong Guro-gu Seoul, 152-847, Korea Telephone: +82-2-2082-1000 Fax: 82-2-2082-1099 E-mail: support@altibase.com www: http://www.altibase.com Contents Preface ............................................................................................................................................................................. i About This Manual ....................................................................................................................................................................................ii Audience........................................................................................................................................................................................ii Software Environment............................................................................
Words: 160935 - Pages: 644
... Accordingly, no accrual was recorded in the financial statements, and CPAsR-Us issued a standard unqualified opinion on Fast Eddie’s 2010 financial statements. Fast Eddie’s fiscal year-end is March 31. The government commenced its investigation into the allegations in late 2009 by obtaining a subpoena for all of Fast Eddie’s corporate records (both hard copy documents and computer files) related to government sales during the period in question. In 2010, the government provided Sweet Lou with a report detailing the allegations of defective pricing. At that time, Sweet Lou alerted the other officers at Fast Eddie of the manner in which he had prepared the documents in question. Fast Eddie immediately began an internal investigation to ascertain whether proper procedures had been followed when completing the governmental sales forms. Fast Eddie also retained an expert legal counsel in the field of procurement law in an attempt to determine whether the company had any legal exposure as a result of Sweet Lou’s actions. Fast Eddie determined that the sales forms had been...
Words: 1256 - Pages: 6
...Florida Statutes, chapter 245.06 states, Unclaimed dead bodies; disposition, procedure.--All public officers, agents or employees of every county, city, village, town or municipality and every person in charge of any prison, morgue, hospital, funeral parlor or mortuary and all other persons coming into possession, charge or control of any dead human body which is unclaimed or which is required to be buried or cremated at public expense are hereby required to notify, immediately, the anatomical board, whenever any such body or bodies come into its possession, charge or control. Notification of the anatomical board is not required if the death was caused by crushing injury, the deceased had a contagious disease, an autopsy was required to determine cause of death, the body was in a state of severe decomposition, or a family...
Words: 1789 - Pages: 8
...A Little Bit of Laches Goes a Long Way: Notes on Petrella v. Metro,Goldwyn,Mayer, Inc. Samuel L. Bray* I. II. III. VI. V. INTRODUCTION ...................................................................... 1! LACHES IS AND SHOULD BE AN EQUITABLE DEFENSE ............ 2! LACHES IN AN AGE OF STATUTES OF LIMITATION ................... 8! A MIDDLE COURSE IN PETRELLA ......................................... 17! CONCLUSION ....................................................................... 18! I. INTRODUCTION The famous Martin Scorsese movie Raging Bull and an ancient doctrine of equity will make a joint appearance later this month at the U.S. Supreme Court. On January 21, 2014, the Court will hear arguments in Petrella v. Metro:Goldwyn:Mayer, Inc.1 The case involves copyright infringement claims about the movie, and about the extent to which those claims are barred by the doctrine of laches. Laches is a defense that was developed by courts of equity, and it is typically raised in cases where a plaintiff has delayed her suit without good reason. Petrella raises two big questions about how laches fits into contemporary American law. One is whether it applies to all claims or only to equitable ones.2 The other is how it is affected by a federal statute of limitations. Is laches displaced, on the theory that Congress has spoken by enacting the statute of limitations, so that it would violate the separation of powers for a court to substitute its own equitable doctrines? Or does laches...
Words: 8584 - Pages: 35
...VIRGINIA PROCEDURE OUTLINE CHAPTER I: EXTRA-JUDICIAL PROCEDURES Note: These Procedures take place without the participation of a judge or the court 1) Self Help a) Predates existence of the organized state b) Now greatly discouraged because police power of state more effective i) Discouraged, superseded in practice, and restricted by law now. c) Situations when available: i) Available in debtor-creditor situations where debts are voluntarily paid when they are due (most pay when get into financial position to pay) ii) When possession of goods bailed are returned to the Owner when the period of the bailment ends. iii) When debtor intentionally refuses to pay or neglects to pay creditor may resort to self-help to get paid. 1) May be independent or in conjunction with litigation. d) Usually attempt to get debtor to pay voluntarily before seeking assistance of the court. e) Repossession i) Allowed at common law where it can be accomplished without breach of peace. ii) Person disseised and dispossessed of land an reenter w/o a court order unless would involve breach of peace iii) Repossession of chattels is allowed where they have been: 1) Loaned, hired, bailed, lost and found, or stolen and wrongfully detained from the O provided it is done w/o ab reach of the peace. 2) Person may recover own chattels from land of the wrongdoer, but to do so from the land of a 3P would be trespass 3) Hunters...
Words: 113918 - Pages: 456
...I. JURISDICTIONAL STATEMENT APPELLANT LISA KAY BRUMFIEL (“Brumfiel”), appeals all Orders of Judge Pratt’s beginning with the Order applying the CAPP program through the Order Granting CLG Attorney’s fees. All orders are final (Rule 54(b)). The Appeal, subject to C.A.R. 31(c) and C. A. R. 28(a), RT=Reporters Transcript; AA: =Appendix; Ad: =Addendum (Orders attached to brief). II. STATEMENT OF ISSUES A. Whether the court erred in concluding that Brumfiel failed to state a claim under 12(b) (5); and concurrently that defendant lacked standing. B. Whether the Statute of Limitation of 1 year was tolled under the Continuing injury Doctrine in Brumfiel’s FDCPA claim. C. Whether the court erred in denying Brumfiel’s Motion to Dismiss on grounds that the Trust had standing to foreclose and denying her defenses including constitutional defense. D. Whether the Court erred Granting Plf’s Summary Judgment, where the Trustee’s status as holder was disputed as sufficient to foreclose. E. Whether the Court erred by holding that Brumfiel may not, as a non-party, challenge an assignment or agreement. F. Whether the court committed error by applying the Civil Access Pilot Program (CAPP) to Defendant’s foreclosure. G. Whether the court abused its discretion by making rulings on evidence that denied her a chance to tell her side, and withholding excess proceeds from the sale. H. Whether the plaintiff waived any deficiency judgment. 1 I. Whether the court erred by granting the CLG attorney’s...
Words: 10170 - Pages: 41
...Radoff for abuse of process. Is Radoff protected by derived judicial immunity? Rule: Derived judicial immunity attaches to the delegation, appointment or court employment of a person acting in such capacity. Test: Is the person seeking immunity intimately associated with the judicial process and does that person exercise discretionary judgment comparable to that of the judge? Application: A court-appointed receiver acts as an arm of the court and is immune from liability for actions grounded in his conduct as a receiver. Conclusion: The trial court properly granted summary judgment on Radoff’s motion for summary judgment. Appellate courts are concerned with correcting errors in the application of the law or procedures The Federal Courts Federal District Courts The court of original jurisdiction Magistrates Appointed for an eight-year term Federal Appellate Courts Generally use a three-judge panel En banc proceeding involves all the active judges in a circuit Specialized Federal Courts Bankruptcy Judges serve a fourteen-year term Federal Claims Monetary...
Words: 1275 - Pages: 6
