Got a tricky question? Receive an answer from students like you! Try us!

the Cable Co video report - Essay Example

Free
Undergraduate
Author : matt35
Essay
Finance & Accounting
Pages 3 (753 words)
Download 0

Summary

Name Tutor Institution Course Date The Cable Co Video Report A management letter may be defined as an analysis of different findings which is prepared by certified public accountants. It is usually prepared as part as of the report of an auditor to the board of directors of a given company…

Extract of sample
the Cable Co video report

Other forms of reports having different contexts may include summary address to its readers which is called a management latter. The most common use of a management letter is as a formal report of the auditors. It is written along with the other reports of the auditors. Segregation of duties is a policy control system in which no person is given responsibility in more than one given related function. For instance, an employee who is responsible for making purchases in a given organization should not be the same employee to make the payments for those purchases (Elliott 22). It is also a procedure or method which is established by an organization as a check on internal activities. This is done through the separation of accounting personnel from having custody on assets, custody of associated assets from the authorization of transactions and record keeping responsibilities from the operational responsibilities. The purpose of the segregation of duties is to help in preventing fraud in different ways such as misappropriation of assets and any internal financial misstatement in an organization. Committee of Sponsoring Organization is an initiative that is comprised of 5 private sectors. ...
Download paper

Related Essays

S.W.O.T. Analysis of Kroger Co.
There are 2,461 multidepartment stores and supermarkets owned by Kroger, and 954 of them have fuel centers. Apart from the supermarkets, Kroger operates 375 fine jewelry stores and 784 convenience stores (GlobalData, 2012). All the jewelry stores of Kroger are located in malls, which are situated in leased locations. Eighty-three convenience stores are operated under franchise agreements. Close to 51 percent of the convenience stores managed by subsidiaries were initially operated by company-owned facilities. The convenience stores provide a limited variety of general merchandise and an…
5 pages (1255 words)
report
Medium sized businesses like XX chemical that wants to diversify into foreign markets and start their business activity there, need to invest huge amount of capital in foreign markets. These types of businesses are the main target customers of leading investment banks across the world (Ritter, 2003, p.278). Medium sized companies generally target the emerging markets for foreign direct investment. They prefer issuing rights for raising fund as rights issue is one of the most efficient to raise fund. Investment banks are recognized for expertise in this service. Rights issue refers to corporate…
9 pages (2259 words)
Investment Report
Tesco is currently the world’s third largest retailer in the world measured by revenue and the second largest when measured by profits. The company is undoubtedly the largest in the retail industry in the UK, where it controls approximately 30% of the market. This places Tesco substantially ahead of ASDA its closest rival which is operated by Wal-Mart a U.S owned operation. However, BBC (2012) indicates that Tesco’s market share fell below 30% to 29.9% for the first time in seven years for the 12 week period to January 22, 2012. The company’s major competitors include Sainsbury which was…
8 pages (2008 words)
Variance Report
Usually, structural factors or technical flaws could cause variations in the organization’s finances (Weygandt, Kieso, & Kimmel, 2010). This would be an important step because it would clarify on some of the changes that have taken place within the organization beyond the natural factors of change as understood within the expenditure framework of the hospital. …
2 pages (502 words)
Cabinet Belayachi Company
It is evident from the study that sometimes organizations engage in fraudulent activities like tax evasion and account fudging. Most of the fudging is done in minute level and thus it becomes hard to be detected by someone who does not have knowledge and as well as experience to perform auditing and verification of the accounts. In order to perform account verification a small, family-owned organization is hired in order to verify the clients’ accounts’ reliability and transparency. The firm also it also tries to establish taxation strategies for its clients in order to reduce the taxes’…
17 pages (4267 words)
Report choosing one of public limited company, which i chose Crawford & Co., and do research. You will then need to obtain a cop
The evaluation has been done by comparing the performance of the stock of the company with other competitors. The analysis reveals that the share of Crawford and Company is not performing well and is price of the shares are much below that the other players in the insurance industry. Moreover, the earning for the investors is also low. The risk reward rating dismisses the expectation of the market for the future cash flow with the current cash flow. Finally the after conducting the technical analysis and looking at the P/E ratio, it has been suggested to the investors they might go with a…
10 pages (2510 words)
sensitivity report
These resources are the machine time for this case as profits for the products is not sought as a solution to the company’s problem of finding the best combinations for the products. With regards to the three resources available in this analysis, they represent hours at the machines’ disposal. However, it is observed that, it more hours per machine were allowed, then higher total profits would be increase immensely. In order to answer questions like whether it is reason for the company to invest in more machine hours, should the company be willing to pay for more manufacturing time, and…
4 pages (1004 words)