Author: chris

Chapter 9: Production Cycle

1. Certain features of the production cycle make it Inherently Risky. List 4 inherent risk factors
2. What is NRV?
3. What are the GAAP-Approved Inventory valuation methods?
4. Physical Inventory
5. What is a Physical Inventory (PI)?
6. What is the Company’s objective for conducting a PI?
7. What is the External Auditors role related to physical inventory observations
8. Is it required by Auditing Standards (AU 331)
9. What does the auditor do per paragraph 11 of AU 331?

iii.     What information is generally document by the auditor during the PI observation?

1. What are cycle counts?
2. What is an inventory roll-forward?
3. What are consignment goods? What are they a concern for Auditors? For which assertion?
4. Why are slow moving or obsolete inventory items a concern to auditors? Which assertion?

 

Chapter 10: Finance and Investment (F&I) Cycle

 

1. What are the primary assertions that auditors focus on in the F&I cycle?
2. Certain features of the F&I Cycle make it Inherently Risky. List 4 inherent risk factor
3. Give an example of tests of controls and an examples of substantive testing for
4. debt transactions
5. stockholders equitytransactions
6. What are loan covenants and why are they a concern to auditor?
7. Management Estimates
8. What are the 2 primary reasons estimates are required when recording transactions using GAAP?
9. Give an examples in F&I when estimates are used
10. What are examples of internal controls over management estimates?
11. What are Fair Value Measurements in GAAP?

Using the Internet, research the case Estate of Fry v. Labor and Industry Review Commission case. Explain the court’s decision in this case. Identify circumstances in which you feel the outcome of the case would be different. Explain your reasoning.

Write a four to five page paper (at least two pages per exercise) that addresses the following audit exercises, found at the end of each respective chapter. Include an introductory paragraph about the business you have chosen, its mission, and its immediate M.T.I goals. As noted in the the Final Paper Guidelines at the beginning of the Course Guide, your selected business should remain consistent throughout the course.

• Audit Exercise Chapter 3: This exercise involves evaluation of the firm.  Addresses: demand for the product, factors that could block success of an innovation, competitive response, standards, level of novelty of the innovation, and other factors.
• Audit Exercise Chapter 4: This exercise involves assimilating a checklist for innovation for the organization to consider.  Determining the organization’s readiness to implement an innovation strategy.

The complete instructions for the audit exercises can be found in Week Five of your online course or in the “Components of Course Evaluation” section of this guide.

 

.      Read the integrated case study on GBI. (Attachment)

• 2.      Complete the following:•      Step 9: Evaluate the ERP integration challenges (2 pages, 40 points) All CIS511 papers must adhere to APA style standards including the following:
• •      Double-spaced, 1” margins, title page (includes course number/name, your name, my name, Strayer University and the submittal date), three peer-reviewed references in addition to the text, in-text citations of references, all text in Times New Roman size 12 and a reference page called “References”.  If you include a Table of Contents, make sure it includes page numbers.
• 3.      APA Compliance (see below, 20 points)
• •      Step 8: Determine feasibility of an ERP integration within the “to-be” (3 pages, 30 points.      Read the integrated case study on GBI. (Attachment)
  • 2.      Complete the following:•      Step 9: Evaluate the ERP integration challenges (2 pages, 40 points) All CIS511 papers must adhere to APA style standards including the following:
  • •      Double-spaced, 1” margins, title page (includes course number/name, your name, my name, Strayer University and the submittal date), three peer-reviewed references in addition to the text, in-text citations of references, all text in Times New Roman size 12 and a reference page called “References”.  If you include a Table of Contents, make sure it includes page numbers.
  • 3.      APA Compliance (see below, 20 points)
  • •      Step 8: Determine feasibility of an ERP integration within the “to-be” (3 pages, 30 points)

  )

 

Due Week 10 and worth 300 points

 

You are the HR manager of a relatively new retail company that has both retail stores and Internet sales.  Your company is steadily growing in revenue and profitability. The company realizes that in order to retain the solid, highly productive workforce it currently has in place, it is important to enhance the base compensation and benefits package offered to the employees. The company currently offers a basic compensation program and only federally mandated benefits. Employee surveys suggest the compensation and benefits program may be out of date. Employees are beginning to consider leaving the organization.

 

Write a six to eight (6-8) page paper in which you:

 

1. Propose two (2) methods an HR professional could use to determine incentive pay. Specify the principal manner in which the proposed methods take into consideration individual, group, and company performance. Justify your response.
2. Examine the core legal requirements affecting employee benefits in today’s competitive environment. Determine the legally mandated benefits that the company must currently offer to its employees.
3. Recommend at least four (4) additional benefits that the organization should consider providing to its employees. Suggest at least three (3) important concepts that a company must consider when designing benefit plans. Provide a rationale for your response.
4. Assess the efficiency of common techniques for effectively communicating compensation and benefit plans to employees. Support your answer.
5. Suggest two (2) ethical risks of making incentive pay a large portion of employees’ total compensation. Propose two (2) recommendations for ways the company might mitigate or reduce these risks.
6. Use at least four (4) quality academic (peer-reviewed) resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

 

Your assignment must follow these formatting requirements:

 

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

 

The specific course learning outcomes associated with this assignment are:

 

• Examine the influences on and various approaches to compensation.
• Analyze issues related to developing and implementing employee benefit packages.
• Apply relevant theories and knowledge to human resource practices in organizations.
• Use technology and information resources to research issues in human resource management foundations.
• Write clearly and concisely about human resource management foundations using proper writing mechanics.

 

 

Points: 300	Assignment 4: Recognizing Employee Contributions
Criteria	Unacceptable Below 70% F	Fair 70-79% C	Proficient 80-89% B	Exemplary 90-100% A
1. Propose two (2) methods an HR professional could use to determine incentive pay. Specify the principal manner in which the proposed methods take into consideration individual, group, and company performance. Justify your response. Weight: 20%	Did not submit or incompletely proposed two (2) methods an HR professional could use to determine incentive pay. Did not submit or incompletely specified the principal manner in which the proposed methods take into consideration individual, group, and company performance. Did not submit or incompletely justified your response.	Partially proposed two (2) methods an HR professional could use to determine incentive pay. Partially specified the principal manner in which the proposed methods take into consideration individual, group, and company performance. Partially justified your response.	Satisfactorily proposed two (2) methods an HR professional could use to determine incentive pay. Satisfactorily specified the principal manner in which the proposed methods take into consideration individual, group, and company performance. Satisfactorily justified your response.	Thoroughly proposed two (2) methods an HR professional could use to determine incentive pay. Thoroughly specified the principal manner in which the proposed methods take into consideration individual, group, and company performance. Thoroughly justified your response.
2. Examine the core legal requirements affecting employee benefits in today’s competitive environment. Determine the legally mandated benefits that the company must currently offer to its employees. Weight: 15%	Did not submit or incompletely examined the core legal requirements affecting employee benefits in today’s competitive environment. Did not submit or incompletely determined the legally mandated benefits that the company must currently offer to its employees.	Partially examined the core legal requirements affecting employee benefits in today’s competitive environment. Partially determined the legally mandated benefits that the company must currently offer to its employees.	Satisfactorily examined the core legal requirements affecting employee benefits in today’s competitive environment. Partially determined the legally mandated benefits that the company must currently offer to its employees.	Thoroughly examined the core legal requirements affecting employee benefits in today’s competitive environment. Thoroughly determined the legally mandated benefits that the company must currently offer to its employees.
3. Recommend at least four (4) additional benefits that the organization should consider providing to its employees. Suggest at least three (3) important concepts that a company must consider when designing benefit plans. Provide a rationale for your response. Weight: 20%	Did not submit or incompletely recommended at least four (4) additional benefits that the organization should consider providing to its employees. Did not submit or incompletely suggested at least three (3) important concepts that a company must consider when designing benefit plans. Did not submit or incompletely provided a rationale for your response.	Partially recommended at least four (4) additional benefits that the organization should consider providing to its employees. Partially suggested at least three (3) important concepts that a company must consider when designing benefit plans. Partially provided a rationale for your response.	Satisfactorily recommended at least four (4) additional benefits that the organization should consider providing to its employees. Satisfactorily suggested at least three (3) important concepts that a company must consider when designing benefit plans. Satisfactorily provided a rationale for your response.	Thoroughly recommended at least four (4) additional benefits that the organization should consider providing to its employees. Thoroughly suggested at least three (3) important concepts that a company must consider when designing benefit plans. Thoroughly provided a rationale for your response.
4. Assess the efficiency of common techniques for effectively communicating compensation and benefit plans to employees. Support your answer. Weight: 15%	Did not submit or incompletely assessed the efficiency of common techniques for effectively communicating compensation and benefit plans to employees. Did not submit or incompletely supported your answer.	Partially assessed the efficiency of common techniques for effectively communicating compensation and benefit plans to employees. Partially supported your answer.	Satisfactorily assessed the efficiency of common techniques for effectively communicating compensation and benefit plans to employees. Satisfactorily supported your answer.	Thoroughly assessed the efficiency of common techniques for effectively communicating compensation and benefit plans to employees. Thoroughly supported your answer.
5. Suggest two (2) ethical risks of making incentive pay a large portion of employees’ total compensation. Propose two (2) recommendations for ways the company might mitigate or reduce these risks. Weight: 15%	Did not submit or incompletely suggested two (2) ethical risks of making incentive pay a large portion of employees’ total compensation. Did not submit or incompletely proposed two (2) recommendations for ways the company might mitigate or reduce these risks.	Partially suggested two (2) ethical risks of making incentive pay a large portion of employees’ total compensation. Partially proposed two (2) recommendations for ways the company might mitigate or reduce these risks.	Satisfactorily suggested two (2) ethical risks of making incentive pay a large portion of employees’ total compensation. Satisfactorily proposed two (2) recommendations for ways the company might mitigate or reduce these risks.	Thoroughly suggested two (2) ethical risks of making incentive pay a large portion of employees’ total compensation. Thoroughly proposed two (2) recommendations for ways the company might mitigate or reduce these risks.
6. 4 references Weight: 5%	No references provided	Does not meet the required number of references; some or all references poor quality choices.	Meets number of required references; all references high quality choices.	Exceeds number of required references; all references high quality choices.
7. Clarity, writing mechanics, and formatting requirements Weight: 10%	More than 6 errors present	5-6 errors present	3-4 errors present	0-2 errors present

20+ slides with at least 100 words per slide including speaker’s notes
Assuming that you are the controller for a publicly traded company, your CFO has asked you to prepare a presentation for the accounting department personnel and the public auditors about the importance of the SOX Act and the requirements and responsibilities that the Act establishes for the auditors in charge of an annual audit. After the presentation, the CFO wants all accounting personnel and public accounting auditors to understand the regulations and guidelines established by the SOX Act and also for you to provide recommendations as to how the Act’s principles can be improved to make American corporations more ethically responsible.
Prepare a Power Point presentation of at least 20 slides that includes the following:
Assess the provision of the Sox Act that requires the establishment of the Public Company Accounting Oversight Board (PCAOB) and the measures that public accounting firms are taking to ensure that they maintain their independence in all audit assignments, including the mechanisms they are establishing to ensure that the necessary independence and integrity are prevalent in all aspects of their relationship with their clients.
Analyze how executives of corporate America have embraced the new regulations and requirements of the Sox Act while maintaining their purpose to produce a profit for investors and staying in compliance of the new rules in the industry. Explain what those new requirements are for the CEO and CFO of publicly traded companies.
Describe your assessment of the responsibilities established for accounting personnel—including protection for whistle-blowers—and for the public accounting auditors.
Determine how the responsibilities of the board of directors audit committee have changed due to the Sox Act in overseeing the financial reporting process and to hire and be in charge of the independent auditors.
Provide recommended sanctions to be imposed on those who do not comply with the SOX Act provisions, and whether or not the sanctions should be stiffened or should include other personnel in the organization.
Researched sources should follow these guidelines:
At least half of the researched sources should be from authoritative electronic sources related to the accounting field.
The findings presented in the paper should be accurate renditions of the Sox Act, including citations and references.
Follow APA guidelines when citing references.
Include a reference slide.

This Week’s slide assignment should consist of a one to three page document, double spaced with headers consisting of the slide’s separate questions with a discussion that answers each of the questions:

What’s Around the Corner?

• What scares you most in the year ahead—what one or two things could a competitor do to nail you?
• What new products or technologies could your competitors launch that might change the game?
• What M&A deals would knock you off your feet?

For this assignment, you will:

1.Choose a topic or issue that informs nursing practice and has been researched quantitatively. (Note: Meta-analysis and systematic review of literature studies may not be used for this assignment).

2.Select one nursing quantitative research article, published in a peer-reviewed journal, on your chosen topic and follow the steps below.

• • Summarize the research study to include the following:

    • Problem or purpose for the study.

    • Study design.

    • Setting.

    • Data collection.

    • Data analysis.

  • Critique the study in a narrative format addressing each of the following questions:

    • Is the problem significant to nursing and health care?

    • How will it generate or refine knowledge in nursing practice?

    • Was the review of background literature provided?

    • What topics or concepts were discussed in the review of literature?

    • Were ethical standards for research followed and how?

    • What do the findings of the study add to the current body of knowledge?

  • Conclusion:

    • Explain how the study will inform your practice or the practice of professional nursing.

    • Prepare the critique.

    • Follow APA style guidelines.

    • Use 12-point Times New Roman font.

    • Include a title and reference page.

    • Use the following subheadings:

      • Summary.

      • Critique.

      • Conclusion.

    • Cite all references using APA style and formatting guidelines.

 

• Paper need to be 3 pages long not including title page and reference page.

Procurement & Contract Mgmt – Unit III Assessment
Q.1

Using the RFP you have selected at the beginning of the course, answer the four questions below in detail. Submit this assessment as one comprehensive document of no less than 500 words.

1.     Put together a list of labor, materials, supplies and contingency funding that is required for your selected RFP. Create a basic budget for your project. Since the project is fictitious and the RFP may not contain all details, some of this information will have to be created. This can be a table inserted into the MS Word document or an excel spreadsheet copied and pasted.
2.     What contract and procurement methods (i.e. competitive, non-competitive) do you feel are appropriate to solicit goods and services for your project? (Hint- Chapter 6 in the textbook outlines some of the major methods.) Justify your selection. You can use more than one method depending on the needs of your project.
3.     What criteria will you use in vendor selection? List at least three criteria you will use to make your final selections once you decided on the contract procurement method(s) you will use.
4.     Explain how budget planning is related risk management for the RFP you have selected.