Introduction I work for Platypus Inc. as a finance manager. The company has well-laid objectives of offering services to the public. Platypus Inc. is a multinational corporation. It has decentralized production point in different countries. Decentralization is done to cut down on operation ad production costs. The organization, therefore, wins huge contracts from both governments

The international financial recording standards IFRS are a set of accounting standards created for universal use. These standards were built to harmonized accounting standards globally. Globalization has played a significant part in the design of the standard as they seek to ensure that that all countries globally can be able to compare accounting records. Most

Northwest Construction CO., Inc. The cases provide an analysis of Bob Hawkins and Lou Naber who are co-owners of Northwest construction co., inc.  The two partners started the business ten years ago. Based on the partnership agreements, the two partners almost share the ownership of the company and have identical employment. However, their personal affairs

Technology and Program Management Introduction Security matters are a fundamental factor for any society from times immemorial. Effective security infrastructure is a major concern for the basic aspects of both the state and federal government and it should never to be compromised since any lapse may lead to detrimental consequences. It is in the best

Pricing Decisions and Cost Management Introduction Accounting is an important sector in any organization. It is through this department that the firm’s managers compute and make all the financial decisions that directly or indirectly affect the company. Managerial accounting, also called management accounting, refers to the process in which managers identify, analyze, record, and present

Financial and Management Accounting Question 1: The Role of Accounting in Business Accounting helps users, both internal and external users, in making business decisions. Accounting information includes the various elements of the financial statements (Sloan, 2001). Financial accounting and management accounting have a similar objective; an objective of providing a summary of financial information for

Forms of Business Organizations A business association or organization is an entity that is formulated to execute commercial enterprise. Various forms of a business determine income tax treatment and its legal liability. Sole Proprietorship This business is structured in a way that it does not need legal documents to verify how profit sharing in an

Disaster Preparedness and Mitigation at Webflights Introduction Natural risks such as earthquakes occupy the top of the list in every organization’s risk assessment profiles. In the Fylde, the Fracking activities that take place consistently make the area vulnerable to natural disasters. Consequently, Webflights has to carry out a detailed risk assessment, particularly with regards to

Introduction This paper presents my reflection on the internal audit course with regard to how I can apply the knowledge gained in my future career. The reflection is concerned with the assignments give, the course material and the group activities that were meant to enhance the learning process.  Driscoll cycle of reflection is the best

Introduction This paper presents my reflection on the internal audit course with regard to how I can apply the knowledge gained in my future career. The reflection is concerned with the assignments give, the course material and the group activities that were meant to enhance the learning process.  Driscoll cycle of reflection is the best

Business risk analysis and strategic audit report Introduction Business risk assessment is the practice of determining whether a particular uncertain condition has the likelihood to intimidate the operations of business. It is considerable to carry out the business risk analysis to establish the significance of each business purpose. After assessment of the firm processes to