and Phar-Mor employees were able to bypass areas that should have had controls on them. The management and internal audit functions were not performing to the best of their ability. Michael Monus, the head of the fraud scheme and the company, was a member of the audit committee and was able to destroy the committee when he found out they may investigate certain abnormal behavior. Phar-Mor’s upper management was involved in the scheme and was able to convince the auditors that certain aspects where
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“Mifos is a web-based management information system (MIS) for microfinance institutions (MFIs). Through its open source technology platform, Mifos streamlines the operations of microfinance institutions, providing real-time information and the capacity to scale. Mifos helps MFIs operate more efficiently and to drive a broader and deeper outreach to the poor. As the core backbone of an MFI’s operations, Mifos provides portfolio and transaction management, on-the-fly financial product creation, in-depth
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Mifos Operating System Jeanna Marie Hendrix July 29, 2011 Jay Sayers As growing technology increases the demand for innovative ways for companies to remain competitive, Mifos.org software has become a productive tool for business professionals. As stated by Mifos.org, “Mifos is a web-based management information system (MIS) for microfinance institutions (MFIs).” The Mifos software provides a universal financial tracking and management tool for companies to organize and analyze their clientele’s
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large company bj New Zealand standards. This case focuses on events in the accounting department at ilie head office, which is organized into two sections: cost accounting and management information services (MIS). The accounting department is structured ;is shown in Exhibit 1. rwn Moore Chief cost accountant Management accountant Rob is the accounting department manager. He is 40 years old and is a qualified accountant with a chartered accounting (ACA) qualification. He has been with the company
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UNIVERSITI UTARA MALAYSIA [pic] MASTER OF BUSINESS ADMINISTRATION Individual Assignment Case Study on Turning Around a Failing Business Organisation Name : Kiritharan a/l Subramaniam Matric no. : 804610 Course Title : Leadership in Organization Course Code : PMN 6043 Lecturer : Dr. Fais Ahmad Semester: June 2009 Somedicians are not for sale Today, the SOMEDICIANS are all smiles as their financial year end is drawing near. They are more than sure to arrive beyond
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last five years it has expanded into the export market. The company employs 450 people, which makes it a large company by New Zealand standards. The accounting department at the head office is organised into two sections: cost accounting and management information services (MIS). The accounting department is structured as shown in Exhibit 1. Exhibit 1: Description of Employees in the Case Name Rob Poor Position Chief accountant Description Rob is the accounting department manager. He is 40 years old
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Azerbaijan in April, 2003. Prior of Fin-Dev’s establishment its founder Oxfam GB started a “Saving and Lending” project in Azerbaijan in 1997. The project performed different activities including study of existing formal and informal saving and credit systems. In January, 2000 Oxfam GB initiated Future Financial Institutions (FFI) project in Barda but due to Azerbaijan legal framework had to separate the FFI project and register it as an independent entity (NBCO). Main operational base of Fin-Dev
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Safeguard its assets and resources, 3). Deter and defect errors, theft, and fraud, 4). Ensure accuracy and completeness of accounting data, 5). Produce reliable and timely financial and management information, 6). Ensure adherence to its policies and plans.(O’Malley) From this point on all senior management officials will be held responsible for enforcing and ensuring that their company follows these regulations and
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which makes it a large company by New Zealand standards. The case focuses on events in the Accounting Department at head office which is organized into two sections, Cost Accounting and Management Information Services (MIS). Fran, the New Graduate: Fran Hayden is in the final year of her Bachelor of Management Studies (BMS) degree at the University of Waikato where she has proved to be a high achiever. Fran was interested in a position with Dairy Engineering because of the opportunity to gain practical
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inventory control, research and development, and Management Information Systems (MIS). SNHUConsulting, a leader in information technology, has been retained to implement information technology on the expansion and to connect the network in the new facility to the main network that is located at their headquarters. I have been asked to make recommendations on the computer hardware components for the expansion. Widget Wonders has provided the following information to SNHUConsulting pertaining to the individual
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