User Account Control

described in the following paper. The process includes answering important questions regarding internal controls, the persons who require access to the different types of information, and what types of reports should be generated. Finally, the decision on where the accounting information should be stored will be discussed. Determining the hardware and software needed and documenting the controls of the system is an important first step in integrating the entire manufacturing company and…

Logos, or logic, involves looking for arguments that make sense in a piece. Amy Tan’s essay is very logical. It makes complete sense, and is simple to understand. Being that it is a narrative, she uses examples to back up her statements about English. She tells the stories of her mother dealing with the stockbroker and the hospital as means to make her point clearer. Ethos looks at the author’s credibility. Tan is a well-known writer, and does a lot of public speaking. We can trust her…

know how, Winkler had all opportunities in the world to steal as much as he did. If Mogel Inc. would incorporate a few tactics to strengthen their internal controls they could prevent this type of fraud within their business. Stefan used multiple types of skimming in order to carry out his crimes. The majority include Skimming and lapping of Accounts receivable, which are a result from poor collection procedures and poor supervision from higher management. By applying the basics of Cressey’s…

Internal control is a procedure, or policy, put in place by management to stop fraudulent behavior, increase efficiency, promote accountability, and safeguard assets. In other words, an internal control is to prevent employees from stealing assets or committing fraud. In fact, there has been an increasing importance placed on internal controls in every level of an organization. To my understanding, internal controls are a serial of control activities. They should include at least following…

An accountant is defined as a person whose job is to keep or inspect financial accounts. The role of an accountant can vary from company to company. To most being an accountant seems like a pretty boring job, but it involves much more than you may think. If your goal in life is to become an accountant there are certain requirements and skills needed to get into this profession. The first step is having the right degree. The five most accepted degrees are Accounting, Auditing, Business, Finance…

To measure a firm’s health within its industry, there is also a need to analyze their short-term financing policies. By measuring these, one can determine what portion of the company’s sales cycle needs to be financed by cash. For obvious reasons, shorter cash cycles are more healthy for a company. To minimize cash cycle, there should be initiative on the corporate level to minimize inventory and receivables periods and maximize payable periods. Short-term financing Ex-1 As seen in the table…

Award-winning author and feminist Ursula K. Le Guin delivered a rhetorically complex speech to the Mills College graduating class of 1983, comprised almost entirely of women. Her speech came at a challenging time for women, as second-wave feminism began to dissolve into a myriad of disagreeing factions. The title of the speech, the “Left-Handed Commencement Address,” is a reference to her book The Left Hand of Darkness, which follows an androgynous race of space aliens. This foreshadows the…

to financial reporting for uncollectible accounts? Management’s objective was to find alternatives to better manage the way credit card charges were collected. The new system that was being used allowed the company to charge off customers’ accounts that neglected to make a payment within eight billing cycles. The intention of the new system was to assist the company in better managing their collection efforts giving them the ability to identify accounts that could or would become delinquent…

customer information. Lack of equipment such as computer, printer, photocopy machine..etc • Generate necessary report by manually entry so the information about loan late repayment could not send to credit officer on time and accurate. • No internal control mechanism to follow up the quality of work and identify the areas to improve. Style • The working hour was not followed by the employees. • Assets of the company such as cars and motorbikes were used by private purpose than professional use.…

from the company to learn more about its business practices. After completed the program, she was offered a full time position as an audit analyst. Her duties now include managing audit project planning and preparation activity, assess processes and controls and perform quality assurance activities. Although she is not an expert in every subfield of Accounting, the knowledge that she acquired through networking and cooperating with other accountants and managers of E&Y made her a very reliable…