Areas of Sociology Essay

Sociology is a very broad and diverse field. There are many different topics and scopes in the field of sociology, some of which are relatively new. The following are some of the major areas of research and application within the field of sociology. For a full list of sociology disciplines and areas of research, visit the sociology disciplines page. Family. The sociology of family examines things such as marriage, divorce, child rearing, and domestic abuse. Specifically, sociologists study how these aspects of the family are defined in different cultures and times and how they affect individuals and institutions. Deviance And Crime. These sociologists, also called criminologists, examine cultural norms, how they change over time, how they are enforced, and what happens to individuals and societies when norms are broken. Deviance and social norms vary among societies, communities, and times, and often sociologists are interested in why these differences exist and how these differences impact the individuals and groups in those areas. Demography. Demography refers to a population’s composition. Some of the basic concepts explored in demography include birth rate, fertility rate, death rate, infant mortality rate, and migration. Demographers are interested in how and why these demographics vary between societies, groups, and communities. Social Inequality. The study of social inequality examines the unequal distribution of power, privilege, and prestige in society. These sociologists study differences and inequalities in social class, race, and gender. Sociologists who study health and illness focus on the social effects of, and societal attitudes towards, illnesses, diseases, disabilities, and the aging process. This is not to be confused with medical sociology, which focuses on medical institutions such as hospitals, clinics, and physician offices as well as the interactions among physicians. Work And Industry. The sociology of work concerns the implications of technological change, globalization, labor markets, work organization, managerial practices, and employment relations. These sociologists are interested in workforce trends and how they relate to the changing patterns of inequality in modern societies as well as how they affect the experiences of individuals and families. Race And Ethnicity. The sociology of race and ethnicity examines the social, political, and economic relations between races and ethnicities at all levels of society. Topics commonly studied include racism, residential segregation, and the differences in social processes between racial and ethnic groups. Military sociology looks at the military as a social group rather than an organization and examines issues related to coerced collective action, survival in vocation and combat, civilian-military relations, and interactions between other groups or government agencies. Education. The sociology of education is the study of how educational institutions determine social structures and experiences. In particular, sociologists might look at how different aspects of educational institutions (teacher attitudes, peer influence, school climate, school resources, etc. ) affect learning and other outcomes. Religion. The sociology of religion concerns the practice, history, development, and roles of religion in society. These sociologists examine religious trends over time, how various religions affect social interactions both within the religion and outside of it, and relations within religious institutions. The Internet. Sociology of the Internet includes the analysis of online communities (newsgroups, social networking sites, etc. ) and virtual worlds. Sociologists are interested in the social implications of the Internet and how virtual communities and worlds are transforming real communities and societies across the globe.

Environmental Science Essay

Although attempting to subdivide existing farm plots and redistribute them may be considered suitable for the purposes of remediating food insecurity and rural poverty, there exists a significant amount of controversy over such a practice due to the issues such redistribution entail. For example, the redistribution of land would require that the distributing entity pick and choose claims and rights to land at their discretion, and such claims can range from historic, ancestral or even from â€Å"ownership of the till. † Land reform has met much resistance from even the most impoverished numbers of developing countries, and it would be difficult to attempt redistribution without shaking up the foundations of property rights. Farming co-ops provide a distinct advantage for farmers. First of all, they provide them the opportunity to act as a group, giving them a collective bargaining power that they do not possess as individuals and allows them to act in unison in seizing market opportunities while being able to manage risks together. In effect, they can leverage their interests better when united as a co-op and it is this asset that has brought success to the likes of the Ocean Spray Cranberry growers and the farmers of Sunkist. (Gable, 2006; Hieu, 2008) Opening up new land is perhaps the most rapidly actionable means of increasing the food supply for a growing population, but this also poses a liability with regards to environmental impact. The problem with agriculture, especially the large-scale grain-based industrial monoculture which has been developed to feed most of the world, is that it is largely unsustainable and has a detrimental effect on soil fertility. In the first half of the 20th century, a large portion of the American Midwest was reduced to desert due to aggressive expansion of the wheat growing agriculture. (Manning, 2004) As such, what is needed is not the expansion of the present industrial agriculture, but the development of techniques and technologies to improve farming so that yields are better, but without compromising sustainability. Pursuing job opportunities in the city is not entirely perfect, but it is a desirable direction towards the development of compact communities and urban density. When combined with practices such as permaculture, which is the development of perennial agricultural systems that resemble the systems found in natural ecology (Holmgren, 2003), compact communities effectively curtail many of the environmentally adverse effects of sprawl and the wastefulness of imposing distance between food production, residential zoning and urban sectors. (Sightline Institute, n. d. ) Ultimately, what is needed to address the needs of a growing population in the developing world is not the application of population control measures, or a voluntary call to asceticism, but the institution of developmental policies that recognize the needs and wants of human society on terms that are just to developing nations and corrective to developed ones. Alex Steffen (2006) notes that it is wrong to think we can talk developing nations out of pursuing their dreams, and deny them of the material luxury that citizens of developed nations take for granted. Therefore, what is necessary is bright green developmental policy, founded upon the idea that economic luxury continue without rendering the planet an uninhabitable wasteland. This would require cradle-to-cradle designs, closed-loop industrial systems and self-sustaining infrastructure, much of which is already possible today. The future is already here, it’s just not well distributed. REFERENCES Gable, C. (2006, October). â€Å"Fields of Power; Farming Co-Ops & the Future of Biodiesel,† Organic Producer. Retrieved October 9, 2008 from: http://www. organicproducermag. com/index. cfm? fuseaction=feature. display&feature_id=43 Hieu, T. (2008, July 27) â€Å"Farming co-ops may be answer to rural poverty. † Vietnam Business News. Retrieved October 9, 2008 from: http://www. vnbusinessnews. com/2008/07/farming-co-ops-may-be-answer-to-rural. html Manning, R. (2004) Against the Grain: How Agriculture Hijacked Civilization. New York, New York: North Point Press. Holmgren, D. (2003) Permaculture: Principles & Pathways Beyond Sustainability. Hepburn Springs, Victoria, Australia: Holmgren Design Services. Sightline Institute. (n. d. ) â€Å"Build Complete, Compact Communities. † Sightline Institute. Retrieved October 8, 2008 from: http://www. sightline. org/research/sust_toolkit/fundamentals/great_places Steffen, A. (Ed. ) (2006) Worldchanging: A User’s Guide for the 21st Century. New York: Abrams, Inc.

Evaluate the Strengths and Weaknesses of Reason as a Way of Knowing

There are four main ways of knowing – reason, perception, language and emotion. However each one of them have their own strengths and weaknesses and only by knowing them will we be able to better use these ways of knowing to gain knowledge. This essay will seek to examine the strengths and weaknesses of reason as a way of knowing. Reason is often seen as one of the most powerful ways of knowing – for it ‘seems to give us certainty’ (Lagemaat, 112). Reason uses logic to form arguments and conclusions.A benefit of reason using logic in reason is that it allows us access to innate or a priori knowledge – knowledge we cannot access any other way. One definition of A priori knowledge is innate knowledge that is not derived from experience but rather, are universal rules that we apply. (Cahn,Eckert,Buckley). There are several different forms that reason takes but these are mainly inductive and deductive reasoning – which will be discussed later in t he essay. A major strength of reason as a way of knowing is that the information we gather from using it is certain.This is a great strength because we are provided with a strong prediction model that we can build knowledge upon, thus providing us with information that we can believe to be true. We look to how this is applied in an area of knowledge the natural sciences. Take for instance the concept of neutralization reactions in Chemistry. In theory we know that a base would react with an acid to produce salt and water – a hypothesis that, up till this point, has been proven to be true – to form a salt and water. If we are presented with the following argument:All bases react with acids to form salt and water. Unknown sample X reacted with an acid and formed salt and water. We can conclude that unknown sample X is a base. We used deductive reasoning to arrive at the conclusion above. Deductive reasoning provides us with a conclusion that is absolutely certain. The wa y deduction works is that we go from general premises to a specific conclusion (Langemaat, 234). Like the example above, so far we have seen that all acid-base reactions produce water and salt thus we believe sample X is a base as well.At this point in time, there is no dispute against the law of the acid-base reaction and this will remain a law of chemistry. This certainty reason provides is an extremely important strength as this shows that reason allows us to create strong foundations that can be expanded upon. However with this certainty that reason brings, it has its weaknesses too. The first weakness of reason as a way of knowing is that it is limited. While we realise that unknown sample X is a base, this is all we know of it.This is where the weakness of deductive reason lies, it provides us with an extremely certain conclusion so that we can build upon our foundations that have been set but at the same time, we are limiting our knowledge to just this small scope. Also, the certainty of the conclusion depends on the truth of the premises. How can we prove that these premises are true? We believe that the premises are true because they have not been renounced as of yet. However if they were in fact wrong, our conclusion would be false as well resulting in a completely false argument.From this we can see that while reason can provide us with very certain conclusions, it limits us to building knowledge upon a specific foundation and the truth of the conclusion is based on the truth of the premises. The next strength of reason helps us generate laws to explain abstract concepts and gain this knowledge in areas that our senses cannot reach. This is a very important strength of reason as it shows how detached reason is from the empirical and sense perception. We look to the natural sciences once again – the concept of temporary dipole attraction between diatomic molecules.If we have the following argument: I, Br and Cl form temporary dipoles I, Br and Cl are group VII halogens Therefore, all halogens form temporary dipoles. This example shows how definitions and laws in the natural sciences are formed and how we use reason to do so. The example above uses induction, a method of reason that involves going from the specific to generate a general conclusion. This is how laws of the abstract are formed in science – we are unable to use sense perception or empirical knowledge, since we cannot see dipoles, to formulate these laws, we use reason to arrive at these conclusions.However, this is where the weakness of reason comes in as well. The problem with using induction is that these conclusions could have been arrived at in an incorrect way. The fact that these conclusions drawn are that of something abstract, how do we prove for sure that it is not another variable that affects it? Furthermore, what happens when in the future, when something that is not a halogen is discovered to form a temporary dipole. What happens to our d efinition of what can form temporary dipoles then? This is the weakness of reason in the natural sciences.Many times, Science applies inductive reasoning and even if a hypothesis is subject to uncountable experiments and stands irrefutable at this present time, it might not be true in the future. Since the natural sciences are a combination of the math and empirical, we cannot solely rely on our a priori knowledge. Science’s discoveries are often based on observations and this flout’s the rules of rationalism. When our senses are involved, our ability to reason might be compromised and lead to false premises and thus false conclusions.However, this is where experimentation comes in to prove as far as we can the extent of scientific truth and discovery. Therefore when it comes to the natural sciences, reasoning has its strengths in clearly defining and classifying various concepts that are senses cannot reach. However, reason falls short in the test of time, where we do not know what future results might yield as well as the possibility of mixing our senses into our premises, leading to false concepts to begin with.Thus, we can conclude that reason is limited in science by time and the extent of knowledge we already have. Even though reason might follow a logical flow, one may still arrive at false conclusions due to problems in our web of coherence. This is a major weakness of reason as we jump to hasty conclusions and cause us to make fallacious statements. For example, in the area of knowledge of the human sciences, analysts have been trying to identify patterns in human behaviour and events. Take for instance in a certain country, crime rates reach an all time high.Analysts would be looking for the factor that caused this and if at the exact same time there was a decrease in abortions, they might form this argument Crime rates increased Abortion rates decreased Therefore the decrease in abortions caused the increase in crime rates. This is an example of a fallacy called ‘post hoc ergo propter hoc’ where (wikipedia). This fallacy occurs when we assume that event A is the cause of event B just because B comes after A. The example above is guilty of committing this fallacy of ‘post hoc ergo propter hoc’ as it quickly concludes based on two events that happened at the same time.The analyst may argue that he used logic to reason out this relation but in actual fact there might have been many other factors that contributed to this increase in crime and violence. This example illustrates the weakness of reason as even though this is a sound argument, its premises are not the cause of each other and thus the argument is invalid. To conclude, we can see that reason has a significant role in many of the areas of knowledge but also presents many shortcomings, especially when experience and other factors come in. We are empirical creatures and it is difficult to always think rationally and logically.As Thom as Aquinas once said, ‘Most men seem to live according to sense rather than reason. ’ Perhaps this then is the major weakness of reason as a way of knowing – it cannot exist alone but needs to coexist with the other ways of knowing. Works Cited Cahn, Steven M. , Maureen Eckert, and Robert Buckley. Knowledge and Reality: Classic and Contemporary Readings. Upper Saddle River, NJ: Pearson/Prentice Hall, 2004. Print. Alchin, Nicholas. Theory of Knowledge. London: John Murray, 2003. Print. Lagemaat, Richard Van De. Theory of Knowledge for the IB Diploma. Cambridge: Cambridge UP, 2005. Print.

ENVM510_M4GradedAssign Assignment Example | Topics and Well Written Essays - 500 words

ENVM510_M4GradedAssign - Assignment Example ned the type of study the next big question is the determination of the study design that has to be employed when carrying out this research on the effects of the antibiotics on patients. The most appropriate study design that will be used when carrying out the research work is the randomized controlled trial (Simon, 2013). The randomized controlled research trail offers an opportunity to carry out experiments that are specific in nature. This is more especially when carrying out clinical trials. Since the objective of the research study is to reduce the level of infections on patients whenever antibiotics are administered on them before surgery, it is therefore prudent that the efficacy of these antibiotics is determined through carrying out of a research study. A randomized controlled trail is therefore the most appropriate research design that should be used whenever the efficacy of a drug is being determined during clinical research experiments. The randomized controlled research trial will also give the researcher an opportunity to collect information regarding the effects of the antibiotics administered (Meinert, 2012). The information gathered may be on the adverse effects of the antibiotics or even the manner in which the patients react to them in general. Either, this study design gives the researcher an opportunity to categorize his patients so that different groups are given different types of antibiotics under similar controlled environment with their effects and efficacy on the patients being determined. The randomized controlled trial is the best research design to employ in this research study. After carrying out a research study on the efficacy of various antibiotics on patients before they undergo surgery for over fifteen years, a new challenge arises of an infection that is resistant to the various antibiotics that have been under study all through. Such a scenario poses a new challenge and threat to the already carried out research work thus

Does it matter whether or not firms pay dividends Essay

Does it matter whether or not firms pay dividends - Essay Example This research will begin with the statement that one of the essential parts of a company investment return is a dividend. Being paid on an annual or quarterly basis, a majority of companies pay dividends to the shareholders while others retain their entire profit and reinvest. Even though reinvesting back the profit is vital for the future expansion of the company, it significantly matters whether firms pay dividends. Based on the importance of shareholders in the capital growth of any company, it is fundamental for the management to rewards the shareholders by giving them a portion of the company profits so that they can use it for their own investment or education of their children among other personal use. A company that regularly pays dividends to its shareholders indicates fundamentals. In the 1930s before firms were under legal obligation to pay a dividend, their financial health was indicated by their ability to pay a dividend. Notwithstanding the laws and legislation such as the securities and exchange act of 1934 that brought about a significant level of transparency in the financial management of firms, dividends are still a notable yardstick of the company performance. Â  Mature companies pay dividends and still retain more profits for reinvesting. A good example of a company that has benefited from giving its shareholders dividends is Microsoft. During the early years of the company operations, the company did not pay dividends but it reinvested a significant portion of its profit for future growth.

Beethovens love life Essay Example | Topics and Well Written Essays - 250 words

Beethovens love life - Essay Example However, because Brunsvik’s mother arranged a marriage to a much older man of a higher social class, Beethoven had to suppress his feelings for her. Brunsvik felt much the same way about Beethoven, and it wasn’t until her husband died that the love affair between the two of them grew. Over the course of the next few years, Beethoven wrote many love letters for Brunsvik that professed his love for her. However, Brunsvik’s family put her under pressure to end the relationship for the simple fact that Beethoven was a commoner. If she had married Beethoven, she would have lost guardianship of her children from her first marriage. Despite this, Beethoven continued to pursue Brunsvik secretly, although this never amounted to anything. Another woman that Beethoven had strong feelings for was one of his closest friends, Therese Malfetti. It is thought that Beethoven’s famous piece Fur Elise was dedicated to her. The overriding common denominator in all of Beethoven’s relationships is that he pursued women of a much higher social class, which inevitably meant that he was unable to marry any of

Research Proposal Paper Example | Topics and Well Written Essays - 750 words

Proposal - Research Paper Example This is because the combination ensures very high level of empirical representation of data as well as consolidates the validity and reliability of data collection and analysis. It is estimated that the present research will cost USD 900 and span for a period of 2 months. It would however become the hub of comprehensive information for Al Waseet to identify its market base and rightly strategize on both short term and long term to take advantage of this market. Background Al Waseet enters the Daily New Paper market as a new entrant who is faced with a number of critical competitions, which if not addressed could affect and undermine the success of the business (Project Management Institute, 2008). But to address the issues effectively, it is important to have a comprehensive marketing research that identifies key opportunities, threats, strengths and weaknesses of the company (Alexis, 2007). It is against this background that the present marketing research proposal is necessary. It w ould be observed that access to information is fast becoming a necessity for the ordinary person on the streets of Bahrain (McClain, 2002). This is partly because the world is shrinking in terms of access to information and becoming closed up under the wheels of globalization. The Daiky Newpaper industry has therefore become competitive in Bahrain. This notwithstanding, Al Waseet is in a position to creating its own competitive advantage that would make it not just a local force in the business but a company with international repute (Perry, 2008). Problem Definition/ Objectives of the Research There exists a well formulated Newspaper industry in Bahrain (Gabby, 2009). This however does not mean that the door is closed to new entrants. The only problem is that new entrants would have to have their own competitive advantages and marketing strategies that would help them win new lines of customers. The objective of the research is therefore to come out with both short term and long te rm strategic marketing plan that would ensure that Al Waseet gains a competitive advantage as a new entrant on the Bahrain market. Approach to the problem As a marketing research, it is highly important that the proposed research have qualities that make it possible to have tangential access to information (Tawiah, 2009). More to this, it is important that data collected can be ascribed to both qualitative and quantitative scrutiny. In light of this, there shall be a mixed approach towards the research whereby the researcher shall use a mixed approach made up of qualitative and quantitative research approaches. Research Design The selection of research design is directly linked to the research approach because the research design should be selected in a way that makes it possible to achieve the provisions of the research approach, which is proposed to be a mixed approach. To this end, the researcher proposes the use of survey research design for the present study. With a survey rese arch design, the researcher will be offered the opportunity to use a number of data collection instruments to collect a combination of qualitative and quantitative data from both the field and from existing literature (Alpha, 2005). Fieldwork/ Data Collection The fieldwork is going to constitute an important component of primary data collection. What this means is that the researcher is going to use fieldwork to collect

American Jezebel by Eve Laplante Coursework Example | Topics and Well Written Essays - 1500 words

American Jezebel by Eve Laplante - Coursework Example She further explains how the government issues entangle with the church issues as the puritans became divided from the Church of England (Kohlman 1). This meant that they needed to create a new church empire, by obtaining colonies. Eve Laplante has also written other books such as Salem Witch Judge, a biography of the judge who carried out the trial in which Anne was found guilty (Laplante 1). In the 1600s, asking a question was regarded as inappropriate, especially for women, but Anne Hutchinson not only asked a singular question, but many questions (LaPlante 30). That was illegal according to the biblical teaching at the worship places. Firstly, being a woman, and secondly, because these questions were directed to other people apart from her husband, and lastly, because she was teaching women about her own misgivings. She had believed that individuals could communicate with God without assistance from church ministers or even the Bible. This gave direct contradiction of the teachin g of the long-established religion (Rlm73 2). However, the rest of the masses strictly adhered to the Bible, especially New Testament. It provided various teachings such as â€Å"women shall remain silent at worship† (Rlm73 3) and of these, there had been expectations that Puritan women had to follow: only men could talk, preach, ask and answer questions. â€Å"A woman should ask her husband if she had any question†. Instead, she continued to ask questions to church leaders, and as it is known, none was her husband. The Bible says,† women may teach only other women†, and was adhering to this by teaching women about the religious loopholes. However, this was acceptable, but she was moving away or rather preaching against the Puritan teachings (Rlm73 2). The Puritans had the privilege of worship, but were never allowed to think freely. Puritan church leaders gave teaching that people could only see or rather find God by only observing his teachings from the B ible, made possible through the ministers since they knew how to God’s teachings. Eventually, Hutchinson had been brought into particularly biased trial, but there was no woman to stand up for her (Rlm 4). Anne Hutchinson had been found culpable and was casted out of Boston (Rlm73 4). Her family relocated to Rhode Island where they stayed until her husband, William Hutchinson, died. In Rhode Island, free worship was not practiced, and no restrictions as long as there were tranquility in the community. In 1643, the family of Anne Hutchison was attacked and then beheaded by an Indian tribe (Rlm73 6). However, only the six youngest children of Anne Hutchinson were beheaded, and the seven children were able to avoid the brutal murders (Rlm73 6). She lived with the Indian tribe for several years, but later she returned to Boston where she was re-united with the older siblings (Rlm73 6). Later, she was married and moved to Rhode Island where she raised a loving family. Anne Hutchin son, bared 15 children, they all survived their childhood. However, this was extremely rare in the olden times. Having been a midwife (LaPlante 1), Anne knew kept her family well. Of these 15 children, six were killed by the Indians while two died of a plague in England. The five older children, as well as the youngest survivor, reached adulthood and had their own families. During the casting out of the family in Boston, some children

Global Marketing Essay Example | Topics and Well Written Essays - 750 words

Global Marketing - Essay Example There are many factors such as the changing consumers’ demographics and expectations, the nature of competitions and the advent of technologies that affect the operations of a firm among others. Question One: Environmental Factors Affecting Inniskillin The environmental factors play a significant role in the business and in a country’s growth. The numerous factors that will be discussed in this context are political factors, economic factors, social factors, technological factors, environmental factors and legal factors (Jones & Hirasawa, 2008). Political Factors It can be mentioned that the political as well as the legal factors have been favourable for the success of the Inniskillin. After the end of the prohibition on sales of the alcohol, most of the companies have built their reputation in Canadian market of spirits and beers. Despite the wine market remaining sectioned, the market seemed to be expanding because of the Vintners Quality Alliance (VQA) that assists in maintaining the standard as well as the quality control. This can assist the Canadian wine to achieve more recognition in the global market especially for the production of the Icewine. It has been apparent from the case study that because of the permission that Vincor received from the North American Free Trade Agreement (NAFTA)., the company was capable of being the biggest wine shop in the country of Canada. It permitted Vincor to set up its own shops whilst the other small wineries were capable of selling only at the government-owned stores since they had limited options from the Liquor Control Board of Ontario (Jones & Hirasawa, 2008). The company was capable of gaining competitive advantage because of its own distribution channel in Canada. It was further apparent from the case study that domestic prices of the wine of the wineries in Canada were controlled by the government monopolies for getting their wine listed so that they can distribute as well as sell their wines. This led to low-sales volumes as well as restricted the options available in exporting, tourism activities along with the restaurant trade. Economic Factors The economic factors have been quite favourable for the Inniskillin. The reasons behind this have been the rising incomes as well as the rise in the consumption rate of the wine in terms of values and sales. The industry sought the global pressure of consolidation. However, Inniskillin undertook expansion strategy and thus enjoyed the benefits of economies of scale via acquisition so that it can produce cheap wines and thus ac hieve recognition in the domestic as well as global markets. It has further been apparent from the case study that because of the economic activities that have been concerned with the agriculture in Canada, the production of better quality European Vinifera has been possible (Jones & Hirasawa, 2008) Social Factors It can be mentioned that the taste and the preference of the consumers evolve on a continuous basis. With the rise in the income, the consumers were becoming more concerned regarding the taste. The premium wines became popular at the expense of low tier wines. It was because of the evolving consumers’ awareness regarding the premium brands that helped Inniskillin to enhance their product quality (Jones & Hirasawa

Finance Term Paper Example | Topics and Well Written Essays - 500 words

Finance - Term Paper Example This would be addressed as workers retire and personal investment accounts replace Social Security. The best solution to this is a substantial personal account option and not only Social Security. 2. Formulate a risk management proposal for a fictitious potential client. Using that same proposal, augment your offering to this client. Elaborate about a proposed health insurance plan, pension plan alternatives etc. If appropriate for your fictitious client, include a section regarding alternative risk transfer techniques and bond offerings. An important trend in recent years has been the increased used of derivatives. A derivative is any of your financial assets whose value is derived from the value of some other â€Å"underlying† asset. These derivatives can be used either to reduce risks or as a speculative investment also. In theory, the use of these derivatives should allow one to manage risk better. There are also premiums that can be added to lessen one’s burden of risks. This includes the inflation premium to compensate for the expected loss of purchasing power, the default risk premium just in case there will be default in the borrower and the maturity risk premium compensate for the interest rate risk. Judgment Rating is used when potential losses are difficult to quantify. In this case, statistics is not a reliable source to determine possible losses. In judgment rating, the underwriter must use his experience and intuition to individually evaluate each potential client. A good example of this includes ocean marine insurance. Class Rating is used when losses are quantifiable or statistics are reliable. Here, there is a manual rating where it is classified into brackets which makes it easy to determine pricing in insurance proposals that are offered to customers. It is the established people of parallel situations and the great number of available statistics which permits for the

Human Resource Management Essay Example | Topics and Well Written Essays - 1750 words - 3

Human Resource Management - Essay Example All these features are interrelated. This paper deals with wages and communication as two chief aspects of corporate environment and labor management. Wages and communication also serve as tools for reducing organizational conflict. Thus, organizations need to maintain an effective communication with its employees through discussion and interpersonal relationship for HRM and managing conflicts. 2.0 Introduction Employee- employer relationship has become an integral part of organizational practices at present times. Employee relations are hugely used for business orientation. Within an organization, both the employer as well as the employee desire to maintain a good professional relationship. This has been the reason why numerous organizations are emphasizing on development of relationship- based policies and practices. Changes in corporate business functioning promotes fair and justified behavior on part of management as well as the employees (Gennard and Judge 2005, p. 2- 3). Workpl ace relationship could lead to both harmony and conflict, as because it is based on paid employment. Within the whole process, every employee is trained, motivated, appraised and rewarded. This leads to development of not only formal institutional behavior, but informal interpersonal relationships as well. Factors that commonly affect relationship of employer and employee are labor unions, company culture, communication, wages, level of competencies, organizational objectives, etc. (Dzimbiri 2008, p. 1- 5) Wage could be considered as one of the determinants responsible for maintaining good terms in employer- employee relationship. Communication is yet another that influences professional relationship. This paper attempts to examine the some of the key aspects that influence the professional relationship shared by the employees and the employer. This paper also explores development of such relationship and also workplace environment due to factors like communication and wages. 3.0 Th ere are numerous factors that influence workplace relationships. Some of them are- Economic factors: The relationship shared by the employees and their employer is more unilateral in nature. Business process works by â€Å"downsizing† of the employees and â€Å"rightsizing† on part of the employers. Labor reciprocity has performance, appraisals and results for its basis. From economic perspecyive, business operation smoothly functions on mutual delivery of performance, both on part of the employees as well as of their employers. Economic interests of employees are directed towards personal gains, while that of the organizations are directed towards competence and deliverance. (Singh and Singh n.d., p. 128) Institutional factors: Level of competition highly influences workplace relationships. Distribution of work responsibilities, flexible timings, outsourcing have further influenced it. Professional attitude is the chief driving force. As a matter of fact, present age of globalization prefers one- to- one communication once again, but this time in the form of e-HR. Communication is maintained through electronic medium, in a virtual mode. Certain psychological factors are also interrelated to it. In a performance – driven work culture, employees are constantly driven by fears regarding job security. Thus, in industrial relations, counseling and mentoring has

Evaluate The Circumstances In Which Pluralism Will Develop Essay Example for Free

Evaluate The Circumstances In Which Pluralism Will Develop Essay Pluralism is a system of government that allows and encourages public participation so the state can satisfy the needs of the people. This is achieved through a multitude of organisations, such as pressure groups, trade unions, environmentalists and civil rights activists, seeking to influence the making of laws and policies. It ensures that power is dispersed rather than concentrated within a select few and enables minority groups to voice their opinion. If Pluralism is to develop, it cant be possible for a single group to dominate. Political force exerted by one group will be counteracted by equal and opposite political force exerted by other groups. For that reason, there are multiple centres of power and authority, as opposed to one where the state controls peoples actions. This encourages political participation as everyone can exercise influence over decision makers. An example of this would be Medieval Europe where the Monarchy and Church were co-equal rulers in their different spheres. In democracies, people vote for representatives and in the UK, MPs have this role. If the majority dont like what their representatives are doing, they can vote them out of office at elections. This means representatives have to act in a way which satisfies the majority. But our electoral system often produces representatives who are unrepresentative because only those voters who voted for the winner are represented by their member of parliament. Another problem is that this system doesn’t allow voters to influence specific issues. Therefore people then join interest groups such as pressure groups. These are a vital for the growth of a pluralist political system. Robert Dahl saw that pluralism responded to a high degree of industrialization. Therefore it’s highly unlikely that a pluralistic democracy would be seen in developing nations, where people are undernourished, uneducated and illiterate and as a result unable to participate. The aim of pluralism is to set limits on the power of the rulers over the community. This is achieved by agreeing certain rights and liberties which the rulers can’t infringe. Therefore there is a requirement for checks and balances to occur on the relationship between the state and the individual to allow pluralism to develop. Freedom of association is a necessary condition of political pluralism so that opposition is able to occur within the public domain of the media. This is usually prohibited in totalitarian states, as seen under Hitlers regime when he banned trade unions and suspended the right to assemble. When individuals are given that freedom though, they tend to form into groups. These are needed to assert individual interests and in turn acquire political power. This could be used to change a governmental policy in a way that advances the interests of the groups members. Therefore, while a single individual is basically powerless when it comes to changing state policy, the coming together of several individuals presents a more challenging contender. The pluralistic political model is one in which groups are used as a means to vindicate the interests of its members rather than dominate other groups as the latter encourages tyranny. Citizens are therefore organised into a variety of interest groups that must bargain with each other for the influence over government. This competition between groups is precisely what ensures that the key characteristic is maintained no group dominates as power is openly competed for. In order for Pluralism to grow, the state must act as a mediator in the political process when responding to the demands of all segments of society and distributing policies in such a way that all of the groups have some influence on government strategy. Ideally the government should intervene to help the weaker groups and that they consider alternatives in order to meet national interests. This means that the people within society need to be open-minded and show tolerance towards the ideas of others. In conclusion, there are many basic conditions necessary for pluralism to develop, including fundamental freedoms such as free speech, a free media and fair elections. Yet the key requirements appear to be a genuine toleration of other people’s beliefs and interests, as well as the ability to form into groups such as trade unions and pressure groups which stand for all the different interests of the population. The collective power of these associations representing different interests provides a counter to the tyranny of the state and that of the majority.

Emotion Recognition System for Affective Text

Emotion Recognition System for Affective Text K.Thendral, Dr.S.Chitrakala, S.P.Surendernath ABSTRACT: Mining social emotions deals with a new aspect for categorizing the document based on the emotions such as happy, sad, sympathy, etc., theyhelp online users to select related documents based on their emotional preferences. Aiming to find the connections between social emotions and affect terms and thus predict the social feeling from text content mechanically. Joint emotion-topic model by augmenting Latent Dirichlet Allocation with an additional layer for emotion modelling initially generates a group of latent topics from emotions, followed by generating affect terms from every topic. The techniques involved in this are emotion term model, topic model and emotion topic model. The emotion-topic model utilizes the complementary advantages of both emotion term model and topic model,and is not only effective in extracting the meaningful latent topics, but also improves the performance of social emotion prediction. Keywords – Affective Text,Emotion-topic model, Latent Dirichilet Allocation. 1. INTRODUCTION: An emotion is a Meta communicative pictorial representation of a facial expression which in the absence of body language and probably draw to serve a receiver’s attention to the tenor or temper of a sender’s nominal verbal communication, changing and improving its interpretation. It expresses-usually by means of punctuation marks – a person’s feelings or mood and can include numbers and letters. The interrelation of text and emotions has been a captivating topic for centuries. What makes people feel what they read? How is the writer’s emotion conveyed in a text? How can we write to communicate an emotional message more clearly? A number of researchers have attempted to obtain answers to these questions for a long time and there is an enormous amount of literature on techniques and devices for emotion detection. (Bloom, Garg, Argamon, 2007;) Two attempts to measure emotions are based on two different models: dimensional and categorical. In the categorical model emotions are labelled, say that a person is â€Å"happy† or â€Å"sad†and people get a sense of what others mean. In the dimensional model the representation is using multidimensional scaling (e.g. â€Å"pleasant-unpleasant†, â€Å"excitement†, and â€Å"yielding-resisting†). In the affective computing domain, supervised learning techniques are preferred due to strong performance. However, a challenge to using supervised techniques is the need for corpora with text that has been annotated with emotion labels. These are time consuming and expensive to produce. Unsupervised techniques do not have these requirements but are often less precise. 2. RELATED WORK Many methods have been proposed to mine emotions from the text and social networks. Affective text mining deals with mining emotions from affective words. SemEval introduced a task named â€Å"affective text† in 2007 [2], aiming to annotate short headline texts with a predefined list of emotions and/or polarity orientation (positive/negative).There is a large body of previous work on mining affective content from text documents, product reputation mining [10], customer opinionextraction/summarization[11], [12], and sentiment classification [13]. However, none of these studies explores the connection between social emotions and affective terms. An online system Mood Views has also been developed for tracking and searching emotion annotated blog posts [12], [13], [14], [15]. The posts are published with an indicator of the â€Å"current mood† of the blogger, at the time of posting the blog. Mood-Views is a platform for collecting, analyzing, and displaying aggregate moods in the blog space. Launched in mid-2005, Mood Views continuously collects these emotion indications, as well as the blog posts themselves, and provides a number of services. Despite the success of previous work on emotion prediction, existing approaches usually model documents under the â€Å"bag-of-word† assumption, so that the relationship across words is not taken into account. This also prevents us from further understanding the connections between emotions and contents in the topic level, because it is arguable that emotions should be linked to specificdocument topics. D.M. Blei, A.Y. Ng, and M.I. Jordan [8] proposed Latent Dirichlet Allocation generative probabilistic model for collections of discrete data such as text corpora. LDA is a three-level hierarchical Bayesian model, in which each item of a collection is modelled as a finite mixture over an underlying set of topics. Each topic is, in turn, modelled as an infinite mixture over an underlying set of topic probabilities. In the context of text modelling, the topic probabilities provide an explicit representation of a document. Joint latent topic model for text and citations [8].The Pairwise-Link-LDA model combines the ideas of LDA [4] and Mixed Membership Block Stochastic Models [1] and allows modelling arbitrary link structure. However, the model is computationally expensive, since it involves modelling the presence or absence of a citation (link) between every pair of documents. The second model solves this problem by assuming that the link structure is a bipartite graph. As the name indicates, Link-PLSA-LDA model combines the LDA and PLSA models into a single graphical model. I. Titov and R. McDonald [8] proposed statistical model which is able to discover corresponding topics in text and extract textual evidence from reviews supporting each of these aspect ratings – a fundamental problem in aspect-based sentiment summarization. Achieve high accuracy, without any labelled data except the user opinion ratings. Rosen-Zvi et al. [3] merged author factors with document generation to jointly estimate document contents as well as author interests. From the perspective of model generation, their author variable shares some similarity with the emotion variable in this model. The key difference lies in different sampling distributions. Their author variable is chosen uniformly from a set of authors while emotion variable is sampled from multinomial distributions by the emotions contributed by web users. 3. PROPOSED SYSTEM An online text collection D is associated with a vocabulary W,and a set of predefined emotions E. Comparing the extracted and optimized content with the already founded latent topics that relating to the extracted and optimized content with the already founded latent topics that relating to each emotion. Based on the result we are finding which emotion the particular content represents. Based on the user emotion requests the categorized content will display. Objective is to accurately model the connections between words and emotions, and improve the performance of its related tasks such as emotion prediction. Both the emotion –term model and emotion-topic model can be applied to emotion prediction by estimating their probability to evaluate their prediction performance.In this paper, proposing a joint emotion-topic model for social affective text mining, which introduces an additional layer of emotion modelling into Latent Dirichlet Allocation (LDA). Proposed model follows a three-step generation process for affective terms, which first generates an emotion from a document-specific emotional distribution, then generates a latent topic from a Multinomial distribution conditioned on emotions, and finally generates document terms from another Multinomial distribution based on latent topics. Because its exact inference is intractable, developing an approximate inference method based on Gibbs sampling. For social emotionprediction, the proposed model outperforms the emotion term model, term-based SVM model, and topic-based SVM model significantly. 3.1 EMOTION TERM MODEL Emotion-term model,follows the Naive Bayes method by assuming words are independently generated from social emotion labels. It generates each word wi of document d in two sampling steps, i.e., sample an emotion ei according to the emotion frequency count d, and sample a word wi given the emotion under the conditional probability P (w|e). The model parameters can be learned by maximum likelihood estimation. It can be formally derived based on the word and emotion frequency counts. To use the emotion-term models for predicting emotion on a new document d, apply the Bayes theorem (1)under the term independence assumption. P (e|d) = P(d|e) ÃŽ ± P (d | e) P(e)(1) P(d) where P(e) is the a priori probability of emotion e. It can again be calculated by maximum likelihood estimation (MLE) from the emotion distribution of the entire collection. 3.2 TOPIC MODEL Many topic models have been proposed and well-studied in previous work, of which, LDA [8] is one of the most successful models. LDA addresses the over fitting problem faced by other models like pLSI by introducing a Dirichlet prior over topics and words. Although LDA can only discover the topics from document and cannot bridge the connection between social emotion and affective text, for the ease of understanding in the following description, a simple review of LDA is here. In the first study of LDA, proposed a convexity-based variation inference method for inference and parameter estimation under LDA. P(zi=j|z-i,w)ÃŽ ± + ÃŽ ² + ÃŽ ± (2) + | W | ÃŽ ² +|Z| ÃŽ ± where n-i means the count that does not include the current assignment of zi, is the number of times word w has been assigned to topic j, and is the number of times a word from document d has been assigned to topic j. Fig.1. Proposed System Architecture 3.3 EMOTION TOPIC MODEL Emotion-term model simply treats terms individually and cannot discover the contextual information within the document. While topic model utilizes the contextual information within the documents, it fails to utilize the emotional distribution to guide the topic generation. In this paper, proposing a new approach called emotion topic model. The importance of this latent topic generation in the affective text mining is very much Likewise, different latent topics are discovered based on the emotions involved in it. Those latent topics should be collected together as a whole so that whenever needed it can be referred. After collecting each and every topic, it should be categorized on the basis of the different emotions such as love, happy, sad, sympathy, worry etc..They are used to select the document based on the preference assigned to the emotions. Relate the social emotions with an affective term that predict the emotions automatically from the text. After collecting and categorizing each latent topic based on different emotions, are stored to check with the extracted content. Then the topics are compared with the extracted content as a result of which it will generate topics and get processed. For each word the posterior distribution on emotion â€Å"Æ Ã¢â‚¬  and topic â€Å"z† based on the following conditional probabilities which can be derived by the following equations (3). P(Æ i=e|ÃŽ ³, Æ -i, z, w;ÃŽ ±,ÃŽ ²) ÃŽ ± ÃŽ ±+* ÃŽ ³ di,e(3) |z|ÃŽ ±+ÃŽ ³di,eà ªÃ… ¾Ã…’ Where e and z are the candidate emotion and topic for sampling.di D indicates the document from which current word wi is sampled.is the number of times topic z has been assigned to emotion e. 4. EXPERIMENTAL RESULTS This section presents the experimental results on both joint emotion topic modelling and its application to emotion prediction .News articles were collected from the news portal and the input data’s are pre-processed to remove stem and stop words and perform tagging to extract the explicit words.Word frequency, document frequency were calculated. Emotion term model performs calculating word frequency and the emotion frequency count and the corresponding terms and emotion were obtained. (a) Topic modelling which generates set of topics for the input documentConsists of the word and associated topic. (b) Emotion topic model bridges the connection between words and the emotion with the associated topic. (c) The standard parameters which are used for experimental evaluation are precision,recall and accuracy.Precision is defined as number of retrieved relevant documents divided by total number of retrieved documents and the recall is the number of retrieved relevant document divided by total number of relevant documents in the database. Accuracy can be calculated as relevant document retrieved in top T returns divided by T. Precision = Number of retrieved relevant document Total number of retrieved documents Recall = Number of retrieved relevant document Total number of relevant documents Accuracy = Relevant documents retrieved in top T T (d) Emotion Distribution (e)Precision, recall and f-score Fig.2.(a)Emotion term model (b) Topic model (c) Emotion topic model(d) Emotion distribution(e)Precision, recall 5.CONCLUSION This paper, presents and analyse a new problem called social affective text mining, which aims to discover and model the connections between online documents and user-generated social emotions. To this end, proposing a new joint emotion-topic model by augmenting Latent Dirichlet Allocation with an intermediate layer for emotion modelling. Rather than emotion term model that treats each term in the document individually and LDA topic model that only utilizes the text co-occurrence information, emotion-topic model allows associating the terms and emotions via topics which is more flexible and has better modelling capability. REFERENCES [1] R. Cai, C. Zhang, C. Wang, L. Zhang,  Music Recommendation Using Emotional  Allocation,†Proc. 15th Int’l Conf. Multimedia, pp. 553-556, 2007. [2] C. Strapparava and R. Mihalcea,  Ã¢â‚¬Å"Semeval-2007 Task 14: Affective Text,†Ã‚  Proc. Fourth Int†¢fl Workshop Semantic  Evaluations (SemEval‘07), pp. 70-74, 2007. [3] C. Yang, K.H.-Y. Lin, and H.-H. Chen,  Ã¢â‚¬Å"Emotion Classification Using Web Blog  Corpora,† Proc. IEEE/WIC/ACM Int†¢fl  Conf. Web Intelligence (WI ‘07), pp. 275-  278, 2007. [4] C.O. Alm, D. Roth, and R. Sproat,  Ã¢â‚¬Å"Emotions from Text: Machine Learning for Text-Based Emotion Prediction,† Proc. Joint Conf. Human Language Technology and Empirical Methods in Natural Language Processing (HLT/EMNLP ‘05), pp. 579- 586, 2005. [5] C. Strapparava and R. Mihalcea,  Ã¢â‚¬Å"Learning to Identify Emotions in Text,†Ã‚  Proc. 23rd Ann. ACM Symp. Applied  Computing (SAC ‘08), pp. 1556-1560,2008. [6] A. Esuli and F. Sebas,â€Å"Sentiwordnet: A Pub-Licly AvailableLexical Resource for Opinion Mining,Proc. Fifth Int’l Conf. Language Resourcesand Evaluation (LREC ‘06), 2006. [7] C. Strapparava and A. Valitutti,â€Å"Wordnet-Affect: An Affective Extension of Wordnet,†Proc. Fourth Int’l Conf. Language Resources and Evaluation  (LREC ‘04),2004.   [8] D.M. Blei, A.Y. Ng, and M.I. Jordan,  Ã¢â‚¬Å"Latent Dirichlet Allocation,† J. Machine  Learning Research, vol. 3, pp. 993-1022,  2003. [9] C.P. Robert and G. Casella, Monte Carlo Statistical Methods, seconded. Springer Publisher 2005. [10] Mihalcea, R. and Strapparava. C. (2006). â€Å"Learning to laugh (automatically)†: Computationalmodels for humour recognition. Computational Intelligence, 22(2), pages 126–142. [11] A.-M. Popescu and O. Etzioni, â€Å"Extracting Product Features and Opinions from Reviews,† Proc. Joint Conf. Human Language Technology and Empirical Methods in Natural Language Processing (HLT/EMNLP ’05), pp. 339-346, 2005. [12] B. Pang, L. Lee, and S.Vaithyanathan, â€Å"Thumbs Up? Sentiment Classification Using Machine Learning Techniques,† Proc. Conf. Empirical Methods in Natural Language Processing (EMNLP ’02), pp. 79-96, 2002. [13] M. Rosen-Zvi, T. Griffiths, M. Steyvers, and P. Smyth, â€Å"The Author-Topic Model for Authors and Documents,† Proc. 20th Conf. Uncertainty in Artificial Intelligence (UAI ’04), pp. 487-494, 2004. [14] Alm, C.O., Roth, D. and Sproat, R. (2005). â€Å"Emotions from text: machine learning for textbased emotion prediction†. In Proceedings of the Joint Conference on Human LanguageTechnology / Empirical Methods in Natural Language Processing. [15] Mihalcea, R. and Liu, H. (2006). â€Å"A corpus-based approach to finding happiness†, in the AAAI Spring Symposium on Computational Approaches to Weblogs, Stanford, California, USA. [16] M. Hu and B. Liu, â€Å"Mining and Summarizing Customer Reviews,† Proc. 10th ACM SDIGKD Int’l Conf. Knowledge Discovery and Data Mining (SIGKDD ’04), pp. 168-177, 2004. [17] G. Mishne, K. Balog, M. de Rijke, and B. Ernsting, â€Å"Moodviews: Tracking and Searching Mood-Annotated Blog Posts,† Proc. Int’l AAAI Conf. Weblogs and Social Media (ICWSM ’07), 2007. [18] K. Balog and M. de Rijke, â€Å"How to Overcome Tiredness: Estimating Topic-Mood Associations,† Proc. Int’l AAAI Conf.Weblogs and Social Media (ICWSM ’07), 2007. [19] K. Balog, G. Mishne, and M. Rijke, â€Å"Why Are They Excited? Identifying and Explaining Spikes in Blog Mood Levels,† Proc. Ninth Conf. European Chapter of the Assoc. for Computational Linguistics (EACL ’06), 2006. [20] Mihalcea, R. and Liu, H. (2006). â€Å"A corpus-based approach to finding happiness†, in the AAAI Spring Symposium on Computational Approaches to Weblogs, Stanford, California, USA. [21] G. Mishne and M. de Rijke, â€Å"Capturing Global Mood Levels Using Blog Posts,† Proc. AAAI Spring Symp. Computational Approaches to Analysing Weblogs (AAAI-CAAW ’06), 2006. [22] I. Titov and R. McDonald, â€Å"A Joint Model of Text and Aspect Ratings for Sentiment Summarization,† Proc. 46th Ann. Meeting of the Assoc. for Computational Linguistics (ACL ’08), June 2008. [23] Mihalcea, R., Corley, C., Strapparava, C. (2006). Corpus-based and Knowledge-basedâ€Å"Measures of Text Semantic Similarity†. Paper presented at the Proceedings of theNational Conference on Artificial Intelligence. [24] Lichtenstein, A., Oehme, A., Kupschick, S., Jà ¼rgensohn, T. (2008). Comparing TwoEmotion Models for Deriving Affective States from Physiological Data. Affectand Emotion in Human Computer Interaction, 35-50. [25] H. Liu, T. Selker, and H. Lieberman, â€Å"Visualizing the AffectiveStructure of a Text Document,† Proc. CHI ’03 Extended Abstracts on Human Factors in Computing Systems Conf., 2003. [22] T. Hofmann, â€Å"Probabilistic Latent Semantic Indexing,† Proc. 22ndAnn. Int’l ACM SIGIR Conf. Research and Development in Information  Retrieval (SIGIR ’99), 1999. [23] M. Rosen-Zvi, T. Griffiths, M. Steyvers, and P. Smyth, â€Å"The Author-Topic Model for Authors and Documents,† Proc. 20thConf. Uncertainty in Artificial Intelligence (UAI ’04), pp. 487-494,  2004. [25] X. Wang and A. McCallum, â€Å"Topic over Time: A Non-Markov Continuous-Time Model of Topical Trends,† Proc. 12th ACM SIGKDD Int’l Conf. Knowledge Discovery and Data Mining (SIGKDD ’06), pp. 424-433, 2006. Department of Computer Science and Engineering, K.S.R. College of Engineering (Autonomous), Tiruchengode-637215

Fight Club by Chuck Palahniuk | The Outsider by Albert Camus

Fight Club by Chuck Palahniuk | The Outsider by Albert Camus In both Fight Club by Chuck Palahniuk and The Outsider by Albert Camus, the protagonist explores the significance of their existence. The two characters determine that everyone is destined to the same fate. The narrator says Its easy to cry when you realize everyone you love will reject you or die(Palahniuk, p8). Later on in the novel one understands why the narrator is unnamed, however for simplicity sake he is often referred to as Jack. Jack is right; were all privileged to the same ending. We all die, even better we all die alone. This is a philosophical outlook on life that is commonly referred to as The Absurd. Humanitys efforts to find meaning in the universe are waste because such a thing will ultimately fail. The philosophy concludes that this search for a meaning of life is a search that is humanly impossible and therefore absurd. The originally materialistic narrator in Fight Club, who remains unnamed throughout the novel, as well as the seemingly irrational French man Mers ault eventually believe whole heartily in the Absurd. Throughout both novels several examples of emerge which demonstrate their application of the Absurd. There are four commonalities in the books that offer the best illustration of this philosophy and how it applies to their lives; each commonality illustrates strange behaviour by the main characters. They challenge the reader to analyse whether or not their actions are appropriate or utterly ridiculous. Initially both protagonists are faced with a certain traumatic event; both react similarly to each other however their response is strikingly different than the average persons, they do not cry, they are not enraged because they live life completely in the present. Soon after, confronted with another odd situation, both Jack and Mersault do the strangest of things which infringe on the standard set of morals followed by most. But for a moment one wonders, why should they act any differently? Following these actions, the reader sees the most brutal consequence of their beliefs; the death and dismemberment of other characters making it clear that they do not care for the lives of others. Finally at the end of both novels, both protagonists have their epiphanies. They settle on an answer to a fundamental question, what is the significance of their life, and the lives of others? It is clear that this belief in the Absurd is what makes these novels so fascinating, it is what drove the plot, instigated character growth and lead them to an eventual peace. Jack and Mersault live life completely in the present. Their realization of lifes meaninglessness allows them to live free of remorse and guilt. They both accept their pasts and move on. Both men are confronted with an incident which would be detrimental to most. The men experience all things at face value, and so they are focused on the details of what is currently happening around them experiencing the even with a lack of forceful emotions. To most this looks like a distinct detachment from the traumatic event, and that the two men lack the understanding of basic human reaction. Within the novel Fight Club, Jack is first stuck living a materialist lifestyle. A life of mediocrity, Jack works as a product recall specialist, lives alone with his IKEA furniture and a wardrobe that was becoming very respectable. Eventually he is drawn towards a puzzling man named Tyler Durden whom he met on one of his many business trips. When arriving home from that very trip, Jack is welcomed by all his belongings scattered on the street. There had been an explosion inside his apartment. With no home and having lost all his possessions, Jack says: May I never be complete. May I never be content. May I never be perfect. Deliver me, Tyler, from being perfect and complete (Palahniuk 31). Why did Jack appear completely void of emotion at a time like this? Imagine: youve lost almost everything you own, youre left with just the clothes on your back after living your life owning everything you need. You feel sad, you feel crushed, and you are overcome with emotions. Jack feels nothing of that sort. Oh, not my refrigerator, this was the extent of his emotions felt towards the event (Palahniuk 30). Instead of becoming overwhelmed with the implications of this event, Jack looks over his items which have been scattered on the sidewalk. To Jack this explosion had blasted [his] clever Njuranda coffee table in the shape of a lime green ying and an orange yang that fit together to make a circle, and ruined his Haparanda sofa group with the orange slip covers, designed by Erika Pekkari (Palahniuk 28). These kinds of details often fall to the back of ones mind when evaluating such disadvantageous occurrences. Yet Jack definitely does not waste his time pondering about the single fact that he has lost his belongings. In the first sentence of The Outsider, Mersault is notified that his mother has died. He receives the news through a telegram. The telegram simply says that that there will be a funeral tomorrow. As heart breaking as this news should be, Mersault gets straight to the logistics of attending the funeral. His first thought is the distance to which he must travel to attend the funeral. Fifty miles, he decides he can catch the two oclock bus and get there in the afternoon (Camus 9). He does end up catching the two oclock bus and does in fact attend the funeral, yet expresses none of the emotions which are expected in such a circumstance. Mersault sees the funeral as it is and nothing more. He takes note of the small things that happen without adding an opinion about it. When they sat down most of them looked at me and nodded awkwardly. Mersault lets the reader know of all the details that do not escape him. He notices that they had their lips all sucked into their toothless mouths and tha t they were all sitting opposite me round the caretaker (Camus 15). Mersault is giving insight into how he feels about the funeral, although his mind is not busy mourning over the loss of his mother. Instead he makes remarks such as: I was tired and I was hot under my dark clothes (Camus 20). One should not be thinking about much besides the loss of a loved one at a funeral. Mersault is simply uninterested in dwelling on this fact. Both Jack and Mersault have similar experiences in the beginning of the novels. A tragic loss of a loved one and the loss of a majority of ones belongings should invoke strong emotions in a person. Not for these two gentlemen, instead its revealed that they live their lives completely in the present. In their minds, the emotions of regular individuals are meaningless and therefore they would rather use their time to experience life through all of the sense. They both feel joy and frustration like every other human being. The difference is that their feelings are purely sensual. Absurdism is very closely related to existentialism and nihilism, this branch of philosophy was extensively explored during the 19th century because of the disaster that the humanity had experienced (the brutalities of both World Wars). According to David E. Cooper, existentialist and absurdist ethics claims that: (a) moral values are created rather than discovered, (b) moral responsibility is more extensive than usually assumed, and (c) moral life should not be a matter of following rules (Cooper 179). Inside these two novels, both main characters do apparently immoral things to seemingly innocent people, for little to no satisfaction. They often do these things because they realise that their actions are untimely rendered meaningless because of death. According to Mersault in The Outsider, his new found friend and neighbour Raymond and his requests are a good enough reason to do some of the bizarre things. Several days after his mothers funeral, Raymond confronts Mersault on his way upstairs. Raymond offers Wine and black pudding to Mersault in exchange for company. Realizing that joining Raymond would save him the task of cooking dinner, he accepts. This meal was not without a catch. Raymond had explained his current predicament with his mistress; he has a plan to teach this woman a lesson for being deceptive. However the first part of the plan involved writing a nasty letter that would lower her self esteem but Raymond felt that he could not fulfill this task and insisted that Mersault should help him out by writing the letter for him. Throughout Raymonds explanation, Mersault was fully aware of how both Raymond and his mistress felt. Despite his knowledge on how the letter may affect the girl, he writes it. He did [his] best to please Raymond because [he] had no reason to please him (Camus 36). This example goes to show that he does not follow the regular set of rules that accompany morals because with his realization that his actions are meaningless in the future he has acquired a new freedom. In the beginning of Jack and Tylers relationship right after Jack had lost his apartment and all of its contents, Tyler says, he could move in with him, but he would have to do him a favour. There, drunk in a bar Jack asks what this favour will be. Tyler replies I want you to hit me as hard as you can (Palahniuk 31). Apart from being the symbolic beginning of a fight club which the plot is centered on, this simple request will demonstrate how Jack acts knowing that his actions are indifferent to the world. Of course he hits him, why not? He rational is based on the fact that acting morally and doing what most would see as sensible is pointless. The words of Mersault from The Outsider could at this point fall straight from the mouth of Jack. Everybody was privileged. There were only privileged people (Camus 116). Mersault means that we are all facing the same privileged destiny, death, and that is was unavoidable. Jacks actions do not ultimately matter to anyone, so he does not follow the rules used by most of the population which make up the basics of morality. The novels present two characters who act immorally they both decide to do things despite how immoral the things seem. Neither character is unintelligent, for they in fact do take note of the details which are their lives. By definition act morally is what you should, however both protagonists come to the judgment that to follow these rules made up by society is pointless. In accepting the Absurd, the theme of authentic existence is common, both Mersault and Jack demonstrate that very authenticity by as ones self which does not always follow the basic moral codes. To accept the Absurd is to continue to live in spite of the fact that the search for a meaning of life is absurd. In accordance with a new level of freedom acquired from the acceptance that one is free from all duty, come the theme of authentic existence. Authentic living involves being true to oneself in most situations and living in accordance with ones values and beliefs (Linley 386). Living true to oneself often accompanies the notion that ones reason and rationale are correct. This might sound like the right ways to life ones life; however in both novels both Jack and Mersault give examples of how their application to this philosophy works out. They both demonstrate a lack or care for others lives and as a result emerge as self-centered. Despite the first two rules of fight club instigated by Tyler, new men are showing up each week to fight. One weekend Jack is taking part in one of his many fights within fight club, this time however, he does not stay in the realm of fighting. Once Jack has knocked out his newcomer opponent, he does not stop striking. After ruthlessly hammering his face with his bony knuckles, Jack continues with the knotted tight butt of [his] fist after [his] knuckles were raw from [the newcomers] teeth stuck through his lips (Palahniuk 88). Afterwards he discusses his thoughts with Tyler during breakfast the following morning. Jack admitted that his insomnia had returned and that he was in a mood to destroy something beautiful (Palahniuk 87). By dismembering the face of the angel face newcomer, Jack remained authentic to himself in the situation. After the irritation with his insomnia has been flattened out, Jack calmly removed himself from the situation. Not a single feeling is expresses towards the physical and emotional damage caused to the newcomer. Mersault also presents an example of how he lives accepting the Absurd. Mersault, Raymond, and Raymonds friend have an awkward confrontation with the Arabs who dislike Raymond. After the fact, Mersault wonders the same area alone. The raging heat of the sun had caused Mersault much discomfort and therefore he strolled towards the nearest shaded area which was the riverside. Unfortunately, one of the Arabs who he knew was potentially dangerous was there sitting in the shade. Mersault describes his severe discomfort, the same intense heat that he had experience at his mothers funeral had returned at his very moment. All the veins in his forehead were throbbing at once beneath the skin (Camus 59). At this point all Mersault wants is the shade in which the Arab stands. Gun drawn, Mersault approaches the Arab in preparation for self-defence. At that point All [he] could feel was the cymbals the sun was clashing against my forehead (Camus 60). The Arab pulls out his knife and lunges for hi m. Mersault shoots the man and is finally rewarded with his shade. He acted to fulfill his desire for shade but at the same time he knew by doing this he would have to kill another man to get it. Remaining authentic to himself and abiding by his logic he chose to approach the Arab instead of finding other shade. By living true to themselves, Mersault and Jack appear to have acted eccentrically however to them it was the right decision. To them, it was better to abandon the rules that society shapes and take complete control on their lives, this way their action and their existence remained authentic. Acting true to themselves, they move past their seemingly brutal actions and thoughts onto the next thing on their mind. In Jacks case he goes on to explain to Tyler that he not only wanted to destroy something beautiful but that he wanted to everything beautiful [hed] never have (Palahniuk, 88). For Mersault, he realizes that has acquired a certain fate by shooting the man, Mersault fire four more rounds into the body purely in disappointment. They both belittle the thoughts and feelings of others to nothing because of their philosophy on life. In the last moments of both novels, both protagonists realize that in fact they do accept and embrace the Absurd. The characters themselves do not know what they really believe in until the end, but the reader knows. In the beginning the reader picks up that these two men are strange to say the least. Then, as the novels progress, their behaviour begins to reflect the philosophy of Absurdism exclusively. The acknowledgement of their beliefs pours out at a weird yet wonderful time in their life. Mersault is arrested, incarcerated, and placed on trial for his murderous act. The jury is convinced that Mersault is a soulless monster because of the lack of emotion he showed at his mothers funeral. It seems as though his murder is not what is ultimately judged in court, his seeming lack of remorse or guilt is what the judge and jury assess to decide his fate. Ultimately Mersault is condemned to death by decapitation. In prison awaiting his execution he meets a chaplain. The Chaplain attempt to turn Mersault towards faith in his hours before death, but is ultimately shot down my Mersault. As the time passes Mersault grows tired of listening to the Chaplain. Then, for some reason, something explored inside of [him] (Camus 115). At the top of his voice Mersault tells him every reason why he was wrong about religion. Mersault brings tears to the eyes of the Chaplain because he insists that he has no time for God, and that one should. When he finds composure he finally comes to realiz e how he feels about the world. He says: It was as if that great rush of anger had washed me clean, emptied me of hope, and, gazing up at the dark sky spangled with its signs and stars, for the first time, the first, I laid my heart open to the benign indifference of the universe (Camus 117). With this he finally recognizes the absurdity of the universe and humanities indifference to it. He becomes aware of the Absurd; he becomes aware that he has to create his own meaning in his life. Mersault is finally able to experience a subjective and intense meaning in the form of a peace brought about by this surrender to the benign indifference of the world.ÂÂ   When Jack finally figures out that Tyler is not a separate person but rather a separate personality, His mind spins out of control and he eventually ends up symbolically shooting himself not to kill himself but to kill Tyler. Jack ends up in a psychiatricÂÂ  hospital where he utters his final conclusion on the meaning of his life. Jack says: I look at God behind his desk, taking notes on a pad, but Gods got this all wrong. We are not special. We are not crap or trash either. We just are. We just are, and what happens just happens. And God says, No, thats not right. Yeah. Well. Whatever. You cant teach God anything (Palahniuk 154). Just like Mersault, Jack also comes to the conclusion. He remarks that to consider God as real, and a leap of faith to believe that there is meaning beyond what a human can rationalize or prove as real, is ridiculous because you cannot question it or obtain a deeper understanding that whats written in religious books. Just as Mersault does, Jack grasps the concept that lifes meaning is only to exist. These narratives give meaningful insight into the meaninglessness that is The Absurd. Both novels comprise of character self discovery. I have addressed four specific types of experiences which apply to both novels that Due to its non-conformist nature, many readers struggle with Absurdism when they are first exposed to it. Indeed, it would be accurate to describe absurdism and absurdist fiction as an acquired taste. Conversely, this genre is a favourite among scholars because it lends itself so well to interpretation, discussion, and debate. Similarly, the moral of the story is generally not explicit, and the characters are often ambiguous in nature. Restate thesis.

Marcus Garvey :: Essays Papers

Marcus Garvey Historians familiar with Garvey's career generally regard him as the preeminent symbol of the insurgent wave of black nationalism that developed in the period following World War I. Although born in Jamaica, Garvey achieved his greatest success in the United States. He did so despite the criticism of many African-American leaders and the covert opposition of the United States Department of Justice and its Bureau of Investigation (forerunner of the FBI). As a young man, Garvey had preached accommodation and disavowed political protest, advocating loyalty to the established colonial government. His views, however, underwent a radical transformation shortly after he arrived in the United States in 1916. The emergence of the radical New Negro movement, which supplied the cultural and political matrix of the celebrated Harlem Renaissance, to a large extent paralleled Garvey and his post-World War I "African Redemption" movement. Garvey established the first American branch of the UNIA in 1917--1918 in the midst of the mass migration of blacks from the Caribbean and the American South to cities of the North. It was also a time of political awakening in Africa and the Caribbean, to which Garvey vigorously encouraged the export of his movement. In the era of global black awakening following World War I, Garvey emerged as the best known, the most controversial, and, for many, the most attractive of a new generation of New Negro leaders. Representative Charles B. Rangel of New York has noted that "Garvey was one of the first to say that instead of blackness being a stigma, it should be a source of pride" (New York Times, 5 April 1987). Black expectations aroused by participation in World War I were dashed by the racial violence of the wartime and postwar years, and the disappointment evident in many black communities throughout the U.S., Africa, and the Caribbean allowed Garvey to draw dozens of local leaders to his side. Their ideas were not always strictly compatible with Garvey's, but their sympathy with his themes of "African redemption" and black self-support was instrumental in gathering support for the movement from a vast cross-section of African-American society. Similarly, Garvey's message was adopted by a broad cross-section of educated and semi-literate Africans and West Indians hungry for alternatives to white rule and oppression. The post--World War I years were thus a time when a growing number of Africans and West Indians were ready for change. In most colonial territories, Africans, like African Americans, were disappointed when expected postwar changes failed to materialize. Marcus Garvey :: Essays Papers Marcus Garvey Historians familiar with Garvey's career generally regard him as the preeminent symbol of the insurgent wave of black nationalism that developed in the period following World War I. Although born in Jamaica, Garvey achieved his greatest success in the United States. He did so despite the criticism of many African-American leaders and the covert opposition of the United States Department of Justice and its Bureau of Investigation (forerunner of the FBI). As a young man, Garvey had preached accommodation and disavowed political protest, advocating loyalty to the established colonial government. His views, however, underwent a radical transformation shortly after he arrived in the United States in 1916. The emergence of the radical New Negro movement, which supplied the cultural and political matrix of the celebrated Harlem Renaissance, to a large extent paralleled Garvey and his post-World War I "African Redemption" movement. Garvey established the first American branch of the UNIA in 1917--1918 in the midst of the mass migration of blacks from the Caribbean and the American South to cities of the North. It was also a time of political awakening in Africa and the Caribbean, to which Garvey vigorously encouraged the export of his movement. In the era of global black awakening following World War I, Garvey emerged as the best known, the most controversial, and, for many, the most attractive of a new generation of New Negro leaders. Representative Charles B. Rangel of New York has noted that "Garvey was one of the first to say that instead of blackness being a stigma, it should be a source of pride" (New York Times, 5 April 1987). Black expectations aroused by participation in World War I were dashed by the racial violence of the wartime and postwar years, and the disappointment evident in many black communities throughout the U.S., Africa, and the Caribbean allowed Garvey to draw dozens of local leaders to his side. Their ideas were not always strictly compatible with Garvey's, but their sympathy with his themes of "African redemption" and black self-support was instrumental in gathering support for the movement from a vast cross-section of African-American society. Similarly, Garvey's message was adopted by a broad cross-section of educated and semi-literate Africans and West Indians hungry for alternatives to white rule and oppression. The post--World War I years were thus a time when a growing number of Africans and West Indians were ready for change. In most colonial territories, Africans, like African Americans, were disappointed when expected postwar changes failed to materialize.

Accomplish Victory Essay examples -- Economy, Economic Downturn, Reces

What is a recession? A recession is declared once the GDP is negative for two consecutive quarters or more, a few quarters before is actually the start of an economic downturn. GDP is defined as gross domestic product and that basically means the total value of goods the United States has produced, for the year. The first few signs of a recession are negative growth followed by a miniature positive growth. Because American citizens don’t have the money to spend they don’t spend and the consumer spending aspect of the economy takes a drastic downfall. Unemployment rates also have play in determining a recession (22). Proper money management and finances could bring an economy out of a recession. There are major flaws in the way we live that people are doing nothing to fix. Most people are in debt, in late 2005 â€Å"wage growth was shortchanged because 46 percent of the growth of total income in the corporate sector was distributed as corporate profits, far more than 20 percent in previous periods.†(24) Household income had fallen five years in a row and was 4 percent lower. The average wages of Americans are low. The growth of the American population is expanding very rapidly; the job count compared to population growth is almost unrealistic. Only one point nine percent more jobs have come up since the beginning of the last recession. The unemployment rate is four point six percent That means that a lot of people do not have jobs; the percent of people that have a job was one point three percent, So that means that more people are not working than people with a job. (24) Poverty was sky rocketing in two thousand; the rate was eleven point three percent and rose in four years to twelve point seven percent; that is approximat... ...spend then how is making goods and services more expensive going to help? Obama is a very good man with what I believe to be good intentions. But his money managing skills could use a lot of work. I do not see what does not make sense to him if the United States is in debt then does he continually spend money on things that we do not need such as, visiting other countries, flying first class on Air Force One. Instead of trying to make peace treaties with other countries we need to increase education in schools and supply them with the money and resources that they need to educate children and make them able to run a country. Children are our future and if we don’t do a good job at making the future the best it can be then will end up in the same spot we are in today. This should turn this country’s finances around and soon enough we will be living in prosperity.

Is Human Cloning Another Frankenstein? Essay -- Argumentative Persuasi

Is Human Cloning Another Frankenstein? Â   The creation of life by unnatural method is a question that Mary Shelley's Frankenstein addresses. Through the events that result from Victor's attempt to bestow life to the inanimate, Shelley concludes that it is inappropriate for man to play god. With the advent of the science of creation, cloning, scientists now face the same problem that Shelley raised years ago. The applications of such research are numerous, all varying in severity. In what way the users for cloning are developed and performed is of much debate. Unfortunately, there is no absolute answer for the issue. Â   A popular suggestion is to develop cloning technology for medical use on humans. The creation of animals for use at man's discretion, such as livestock for food, is an ancient and generally accepted practice. However, when creating a human clone, for its organs, can it be said that such an act is murder? Aldous Huxley illustrates another vision of cloning in Brave New World. The novel depicts people created from basic templates to fit in a given level of society. Should people have the ability to design the type of child they get? The implications of creating custom humans raise many moral problems. In Shelley's Frankenstein, the act of creation resulted in an abhorred being. Using cloning, there is the potentiality for someone to develop a genetically enhanced being for malicious purposes. The question of how to regulate potential uses and misuses of the aforementioned ideals is of much debate. Several acceptable answers have been suggested, but each has its own weaknesses and group of detractors. Â   As an answer to the moral questions that the advent of cloning has raised, several coun... ... will be formulated. Â   With the exploration of various solutions and issues that arise when dealing with these approaches to the moral dilemma faced, one can only conclude that the best solution is already being developed. The human race is not ready to control the formation of life, for there are too many potential abuses and no way to control them. A peremptory ban on human cloning research should not be necessary with the current level of cloning technology possessed. However, the strict limiting of which areas of this research are pursued, and who pursues the research is most critical. As new ideas appear confusion arises, and understanding of all aspects of the new ideas cause rise to necessary changes in society. The popular approval of the idea of human cloning is indispensable to the efforts of those who wish to advance the science of human cloning.

“Accounting Procedures in Educational Institution in Banlgladesh

Term Paper On â€Å"Accounting Procedures in educational Institution in Banlgladesh â€Å" North South University (NSU)† Supervised by: Shapon Kumar Paul Associate Professor Department Of Accounting Govt. Bangla College, Dhaka Prepared by: Md. Bellal Hossain Bapari BBA (Honours), 2nd Year. Roll. 9593910 Department. of Accounting Govt. Bangla College, Dhaka. Date of submission: Govt. Bangla College, Dhaka Letter of Transmittal Date. To Supervisor Shapon Kumar Paul Associate Professor Department Of Accounting Govt. Bangla College, Dhaka Subject: Submission of Term Paper Dear Sir,With due respect it is my pleasure to you my term paper on â€Å"Accounting Procedures in educational Institution in Banlgladesh. † I have tried my level best to work sincerely to cover all aspects regarding the matter. Though I have faced some limitations to prepare the term paper due to scarcity of bank. Data, time, limitations. I have really enjoyed the hand work behind preparing the term pape r. I hope you will asses my term paper considering the limitations of study. Your kind advice encourages me to do further work. I shall be highly appreciating you if you kindly accept my term paper.Your kind approval is solicited. Sincerely Your’s Md. Bellal Hossain Bapari BBA (Honours), 2nd Year. Roll. 9593910 Department. of Accounting Govt. Bangla College, Dhaka. Student Declaration I do hereby declare that the term paper entitled: â€Å"Accounting Procedures in educational Institution in Banlgladesh. † submitted in partial fulfillment of the requirement for the degree of BBA (Honours) dept; Accounting, National University under Bangla College Dhaka. I also declare that this whole term paper has prepared by me. Md. Bellal Hossain BapariBBA (Honours), 2nd Year. Roll. 9593910 Department. of Accounting Govt. Bangla College, Dhaka. Letter of Acceptance The term paper title â€Å"Accounting Procedures in educational Institution in Banlgladesh. † Submitted as partia l requirement of BBA program. This term paper has been prepared by Md. Bellal Hossain Bapari, Dept: Accounting BBA program at National University under Govt. Bangla College. This term paper is approved and accepted in quality from. Supervisor †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Shapon Kumar Paul Associate Professor Department Of Accounting Govt.Bangla College, Dhaka Acknowledgement At first I would like to give thanks to almighty Allah who has given me to the opportunity to successfully complete the term paper entitled â€Å"Accounting Procedures in educational Institution in Banlgladesh. † was challenging and interesting program. I would like to give thanks to my honorable supervisor Shapon Kumar Paul for his kind and hearty guidance and close supervisor. It was not possible for me to prepare the term paper properly without his help. I am very much grateful to Mr. Md. Abdus Satter Mazumder. Head of Department), Mr. Md. Jamal Hossain Bhyian Sir. Mr. Md. Jahangir Sir. I am also gra teful to my friends and every one who help to me make the term paper. NSU's Vision The vision of North South University (NSU) is to become a leading university and remain as a top center of excellence in higher education and research. It aims at attracting brilliant students, teachers, scholars, and from all over the world. Mission The mission of NSU is to produce highly skilled manpower, visionary professional leaders and responsible and enlightened citizens.This mission is achieved by imparting high quality higher education, and training, and by conducting useful research so that individuals can achieve their intellectual, social, and personal potentials. NSU is committed to developing human capital by sharpening creative thinking. In addition to creation and dissemination of knowledge, its mission includes promotion of humanism and peace through higher education. As a social institution, NSU endeavors to induce changes for betterment of the society as a whole through public servi ces, and through promotion of ethical behavior and social justice. StrategiesTo fulfill its mission, NSU applies five basic strategies: (1) it offers socially relevant academic programs which meet the changing needs of the students coming from different backgrounds and seeking different career goals; (2) it hires highly qualified and internationally experienced academics to teach the courses / programs it offers; (3) NSU, through a rigorous selection process, admits only those students who demonstrate the potential to pursue and complete the programs of study they select; (4) it provides appropriate physical and electronic infrastructural facilities, logistic supports and an environment conducive to teaching and learning; and (5) it practices the principles of good governance that ensure best management practices and encourage academic freedom and faculty-governance. AccreditationNSU is fully accredited by the University Grants Commission, the only national accreditation authority i n Bangladesh. Its Business School has applied for accreditation of South Asian Quality Improvement System (SAQS), an accrediting agency created by the Hyderabad-based AMDISA (Association of Management Development Institutions in South Asia) with the technical help from EQUIS (European Quality Improvement System, Brussels and AACSBI, USA. The establishment of SAQS was largely funded by European Union. NSU has already got two of the senior Business School Professors trained in how to respond to the SAQS accreditation requirements. The B- School of NSU has almost completed the required Self-Assessment process.It is expected that the necessary Peer Review will be done by SAQS before the end of June 2010. International Recognition The credits obtained at NSU are accepted in most of the reputable universities of USA, Canada, Australia and other countries. NSU graduates are accepted in the Graduate programs of Harvard, Cornell, University of Pennsylvania, and other well-known universities. Eight Economics graduates of NSU are studying for higher degrees at York University, Canada, with scholarship provided by York University. NSU attracts foreign students from India, Pakistan, Sri Lanka, Nepal, China, Japan, Thailand, Myanmar, Malaysia, Sudan, Saudi Arabia, Iran, Kenya and Nigeria.In addition, under the Study Abroad and Group Exchange program, students from world-class universities of the USA and Canada such as Brown University, University of Illinois, Urbana-Champaign, Penn State University, Smith College, Mt. Holyoke College, Windsor University, York University, and other similar institutions attend summer semester at NSU and transfer credits back to their parent institutions. The goal of the University is to provide excellent modern education for students with a view to equipping them with the skill and knowledge necessary to lead the country in its quest for development. Along with this, the University also aims at producing students of high moral standard in its students.Northsouth University (NSU) has the authority, under its charter, to provide instruction to confer Undergraduate and Post Graduate degrees. It has plans to offer MPhil. and PhD programs in all branches of higher studies including engineering, agriculture, language, law and medical sciences. It has also the authority to grant diplomas, certificates and other academic distinctions. It has also the authority to open new Schools of studies and new institutions on its own campus. The University is run by a number of statutory bodies as required under the provisions of the Private University Act, 1992. Table of Contents SUBJECT MATTER EXPERTISE John McPeek, CPA iii Bud Carlson, CPA iii James Skelton ivChristopher Anderson, MBA iv Introduction WHO NEEDS ACCOUNTING POLICIES AND PROCEDURES The Recent Past 1 The Present 2 The future 2 ACCOUNTING BASICS 2 Bookkeeping 3 Accounting 3 Reporting 4 Non-financial data 4 Financial data 4 COMPONENTS OF AN ACCOUNTING SYSTEM 5 Revenue Cycle 6 Order Entry †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 6 Cash Receipts / Deposits†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 6 Accounts Receivable†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 6 Purchase Cycle 6Purchase Orders / Purchasing †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 6 Cash Dis bursements / Checks†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 7 Accounts Payable†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 7 Payroll Cycle 7 General Journal Cycle 7 How does posting work? 7 ACCOUNTING TERMS AND CONCEPTS 8 Double-Entry Accounting 8 BASIC ACCOUNTING STRUCTURE 9 Balance sheet 9 Income Statement 10 Basic Accounting Formula: 10 SUMMARY OF ACCOUNTING CYCLES & ACCOUNTING CONCEPTS 12 ACCOUNTING STRUCTURE – ACCOUNTING SOFTWARE PROGRAMS 19 ACCOUNTING METHODS 20Accrual Method†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 20 Cash Method†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 20 Percentage of Completion Method†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 21 REPORTING STANDARDS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 21 GAAP – Generally Accepted Accounting Principles †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 21 The Matching Principle †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 22 Conformity †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 22 Valuation †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 22 Inventory Valuation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 22 Materiality †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 23 TYPES OF REPORTS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 3 External Reports†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 24 Compilation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 24 Review†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 24 Audit†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 25 SEC – Audit †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 25 Internal Reports †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 5 SUMMARY†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 26 Manual Preparation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Tab 2 SECTION 1 INTRODUCTION †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 5 SECTION 2 INSTALLATION INSTRUCTIONS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 7 Editing Files †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 8 Word Processing (Text) Files†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ File Properties And Style Formats †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 8 Printing Files †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 9 Technical Support†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 10 SECTION 3 YOUR ACCOUNTING MANUAL †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 11 Style and Format †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 11 Considerations in writing your manual †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 2 Sources of additional Information†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 13 SECTION 4 EFFECTIVE COMMUNICATION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 15 Communication and Addressing Your Audience†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 15 Sexism in Writing†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 15 Number Usage†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 16 Organizing Your Thoughts†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 6 Outlining Technique†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 16 Defining the Format and Organization of Your Manual†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 17 Design Features †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 18 Style and Mechanics†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 18 Sources of additional Information†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 19 SECTION 5 ACCOUNTING PROCEDURES †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 1 F ormat †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 21 Heading Information †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 21 Title And Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 23 The Body Of The Procedure Statement †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. . 24 Attachments†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 24 Authorization†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 5 Production And Distribution †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 26 Revising And Updating Statements †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 26 Accounting Manual †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Tab 3 1. 0 Purpose†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 5 2. 0 Scope†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 7 2. 1 Responsibility †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 7 2. Exclusions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 7 2. 2. 1 Internal Auditing †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 7 2. 2. 2 Payroll †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 7 2. 2. 3 Finance And Treasury †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 7 2. 2. 4 Information Systems†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 7 2. 2. 5 Security Planning †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 7 2. 2. Disaster Recovery†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 7 3. 0 Management Responsibility†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 9 3. 1 Accounting Organization†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 9 3. 1. 1 Accounting Department Organization Chart†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 9 3. 1. 2 Finance & Treasury Responsibilities †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 10 3. 1. 3 Controller Responsibilities†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 10 3. 1. Accounting Staff Responsibilities†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 11 3. 1. 5 Operations Staff Responsibilities †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 12 3. 2 Management Commitment†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 12 3. 3 Management Accounting Policy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 12 3. 4 Planning †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦. 13 3. 4. 1 Accounting Objectives †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 13 3. 4. Accounting System Planning †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 13 3. 5 Responsibility, Authority, And Communication †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 13 3. 5. 1 Responsibility And Authority †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 13 3. 5. 2 Management Representative †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 13 3. 5. 3 Internal Communication†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 14 3. 5. 4 Referenced Procedures:†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 14G Management Reports Activities 1. 0 Preparation Guidelines 2. 0 Daily Flash Report 3. 0 Weekly Financial Report 4. 0 Six-Week Cash Flow Report 5. 0 Budget Vs. Actual Report 6. 0 Financial Statements 7. 0 Department Reports References A. Federal Accounting Standards Board (FASB) B. Generally Accepted Accounting Principles (GAAP) Forms G Ex1 Department Reporting Summary G Ex2 Daily Flash Report G Ex3 Weekly Financial Report G Ex4 Six Week Cash Flow Report G Ex5 Budget vs. Actual Report G Ex6 Financial Statements G Pe riod-End Review & Closing Activities 1. 0 Closings Preparations 2. 0 Balance Sheet: Assets 3. Balance Sheet: Liabilities And Stockholders' Equity 4. 0 Income Statement: Revenues 5. 0 Income Statement: Expenses 6. 0 Financial Ratio Analysis G&A106 Controlling Legal Costs Activities 1. 0 Arbitration 2. 0 Legal Services 3. 0 Legal Billings G&A107 Taxes And Insurance Activities 1. 0 Organization Fees And Taxes 2. 0 Business Activity Fees And Taxes 3. 0 Payroll Fees And Taxes 4. 0 Excise Taxes 5. 0 Other Taxes And Credits 6. 0 Tax Payments 7. 0 Insurance References A. Trust Fund Recovery Penalty Forms G&A107 Ex1 Federal Tax Calendar G&A108 Property Tax Assessments Activities 1. 0 Review Of Assessments 2. 0 Appealing Of Assessments G&A109 Confidential Information Release Activities . 0 Financial Information Requests 2. 0 Personnel Information Requests 3. 0 Credit Reference Inquires Forms G&A109 Ex1 Non-Disclosure Agreement G&A110 Document Control Activities 1. 0 Document Distribution 2. 0 Document Revision 3. 0 Procedure and Work Instruction Format 4. 0 Temporary Changes Forms G&A110 Ex1 Request For Document Change (RDC) G&A110 Ex2 Document Change Control CSH101 Cash Drawers And Credit Cards Activities 1. 0 Opening 2. 0 Transactions 3. 0 Special Tender Items 4. 0 Closing 5. 0 Chargebacks And Disputed Transactions 6. 0 Security Precautions Forms CSH101 Ex1 Daily Cash Report CSH102 Cash Receipts And Deposits Activities 1. Receiving Cash Drawers 2. 0 Application Of Accounts Receivable 3. 0 Deposit Forms CSH102 Ex1 Deposit Log CSH103 Problem Checks Activities 1. 0 Unsigned Checks 2. 0 Partial Payment Checks Marked â€Å"Payment In Full† 3. 0 Returned Checks 4. 0 Redeposited Checks References A. Uniform Commercial Code (UCC) B. Bad Check Law Forms CSH103 Ex1 Bad Check Notice CSH104 Wire Transfers Activities 1. 0 Incoming Wires 2. 0 Outgoing Wires References A. FRB Reg D: Reserve Requirements Of Depository Institutions B. FRB Reg E: Electronic Fund Transfer Act For ms CSH104 Ex1 Bank Wire Instructions CSH104 Ex2 Wire Transfer Form CSH105 Check Signing Authority Activities 1. Authorized Check Signers 2. 0 Changing Check Signers 3. 0 Authority Levels Forms CSH105 Ex1 Check Signing Authority Log CSH106 Check Requests Activities 1. 0 Check Origination 2. 0 Check Stop Payment Forms CSH106 Ex1 Check Request CSH107 Bank Account Reconciliations Activities Bank Statement Preparation Computerized Format Manual Preparation And Reconciling Items Computerized Preparation And Reconciling Items Adjustments And Other Troubleshooting Forms CSH107 Ex1 Sample Bank And Book Balances Reconciliation Inventory & Assets †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Tab 6 INV101 Inventory Control Activities 1. Inventory Stocking And Storage 2. 0 Inventory Usage 3. 0 Inventory Protection 4. 0 Invent ory Obsolescence 5. 0 Inventory Disposal References A. Food And Drug Administration (FDA) Food Code Forms INV101 Ex1 Inventory Requisition INV102 Inventory Counts Activities 1. 0 Inventory Types 2. 0 Preparation For Inventory Counting 3. 0 Period End Cut-Off 4. 0 Complete Physical Count – Cost (Or â€Å"Sku†) Method Sales Order Routing And Review Invoice Preparation And Posting Distribution Accounts Receivable REV106 Invoicing And Accounts Receivable Activities 1. 0 2. 0 3. 0 4. 0 Forms REV106 Ex1 Invoice REV 106 Ex 2 Accounts Receivable Write-Off Authorization REV107 Sales Tax CollectionActivities 1. 0 Basis Of Tax 2. 0 Applicable Sales Tax Rates 3. 0 Nontaxable Sales 4. 0 Sales Outside Of Our Jurisdiction 5. 0 Sales Tax Billing REV108 Progress Billing Activities 1. 0 Contract Types 2. 0 Breakdown Of Contract Amount 3. 0 Progress Claims 4. 0 Release Of Holdback REV109 Account Collections Activities 1. 0 Collection Process 2. 0 Seriously Delinquent Or Unresponsive Acco unts 3. 0 Working With Collection Agencies 4. 0 Writing Off Uncollected Debt References A. Fair Debt Collection Practices Act (FDCP) Forms REV109 Ex1 Account Collection Control Form REV110 Customer Returns Activities 1. 0 Origination 2. 0 Receiving Goods And Processing 3. Returned Goods Disposition Forms REV110 Ex1 30-Day Satisfaction Guarantee REV 110 Ex2 Returned Goods Authorization Purchasing PUR101 Vendor Selection Activities 1. 0 Vendor Selection 2. 0 Vendor Inspections 3. 0 Vendor Files Forms PUR101 Ex1 New Vendor Notification PUR101 Ex2 Vendor Survey Form PUR102 General Purchasing Activities 1. 0 Order Determination And Requisition 2. 0 Order Placement 3. 0 Recordkeeping And Matching 4. 0 Sundry Purchases Forms PUR102 Ex1 Purchase Requisition PUR102 Ex2 Purchase Order PUR102 Ex3 Purchase Order Log PUR102 Ex4 Purchase Order Follow-Up PUR102 Ex5 Daily Sundry Payable Log PUR103 Project Purchasing Activities 1. 0 Purchasing Overview 2. 0 Requisition For Material Order 3. 0 Orders And Arrivals 4. Follow-Up 5. 0 Receiving Procedures 6. 0 Material Transfers 7. 0 Sundry Purchases Forms PUR103 Ex1 Order And Arrival Log PUR104 Receiving And Inspection Activities 1. 0 Receiving 2. 0 Inspection 3. 0 Rejection, Discrepancies And Disposition 4. 0 Stocking 5. 0 Product Returns Forms PUR104 Ex1 Receiving Log PUR104 Ex2 Receiving and Inspection Report PUR104 Ex3 Inventory Inspection Levels PUR105 Shipping And Freight Claims Activities 1. 0 Shipping 2. 0 Receiving 3. 0 Claims Procedures 4. 0 Additional Information Resources References A. Interstate Commerce Act PUR106 Accounts Payable And Cash Disbursements Activities 1. 0 Documenting Accounts Payable 2. Recording Merchandise Payables 3. 0 Recording Non-Merchandise Payables 4. 0 Payment Of Accounts Payable 4. 0 Manual Checks Embezzlement Prevention †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦ Tab 9 SUBJECT MATTER EXPERTISE †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. v Dana L. Turner †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. v 1. 0 ORGANIZATIONAL STRUCTURE AND FUNCTIONS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 1 1. 1 Where Embezzlers Look For Opportunities†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 1 1. Corporate Culture†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 1 1. 3 Code Of Conduct†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2 1. 4 Summary †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2 2. 0 EMPLOYEES' RIGHTS †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3 2. 1 Establishing The Company's And Employees' Rights †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦. 3 2. 2 Employee Rights To Privacy And Related Issues†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 2. The Employee Polygraph Protection Act†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 4 2. 4 Admonishment To Suspect Employees†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 5 2. 5 Summary †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 6 3. 0 EXAMPLES OF EMBEZZLEMENT SCHEMES †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦.. 15 3. 1 Misuse Or Misappropriate Funds†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 15 3. 2 The Most Popular Embezzlement Schemes †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 15 3. Summary †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 16 4. 0 CRITICAL AREAS OF RISK TO EMBEZZLEMENT†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 17 4. 1 Areas Of Risk †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 17 4. 2 Summary †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 22 5. 0 UNIVERSAL SYMPTOMS OF EMBEZZLEMENT ACTIVITY †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 23 5. 1 Embezzlements Are Predictable†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 23 5. 2 Motives For Committing Embezzlement †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 23 5. Summary †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 26 6. 0 PROFILE OF AN EMBEZZLER †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 27 6. 1 Common Characteristics Shared By Most Embezzlers†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 27 6. 2 Summary †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 28 INV103 Fixed Asset Control Activities 1. 0 Acquisitions 2. 0 Dispositions 3. 0 Asset Records Forms INV103 Ex1 Capital Asset Requisition INV103 Ex2 Asset Disposition Form INV103 Ex3 Bill Of Sale INV104 Customer Property Activities 1. Receipt, Inspection And Stocking 2. 0 Unsuitable Or Missing Items 3. 0 Customer Supplied Tooling And Fixtures 4. 0 Intellectual Property Forms INV104 Ex1 Material Return Notice INV105 Fixed Asset Capitalization & Depreciation Activities 1. 0 Capitalization 2. 0 Depreciation References A. IRS Publication 946 â€Å"How To Depreciate Property† Revenue †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Tab 7 REV101 Sales Order Entry Activities 1. 0 Sales Representatives 2. 0 Internet Orders 3. 0 Credit Department 4. 0 Sales Administration 5. 0 Manufacturing/Shipping 6. 0 Customer Service 7. Accounting/Billing 8. 0 Changes To Orders 9. 0 Additional Information Resources REV102 Point-Of-Sale Orders Activities 1. 0 Point Of Sale 2. 0 Sales Orders And Invoices 3. 0 Sales Invo ices And Accounts Receivable REV103 Customer Credit Approval And Terms Activities 1. 0 Credit Application 2. 0 Credit Investigations 3. 0 Credit Approval/Rejection 4. 0 Additional Information Resources References A. Equal Credit Opportunity Act (ECOA) B. Truth In Lending Act (TILA) C. Fair Credit Billing Act (FCBA) D. Fair Credit Reporting Act (FCRA) E. FRB Reg B: Equal Credit Opportunity Act F. FRB Reg Z: Truth In Lending Act Forms REV103 Ex1 Credit ApplicationREV103 Ex2 Request For Credit Approval REV 103 Ex3 Credit Inquiry REV104 Sales Order Acceptance Activities 1. 0 Document Verification 2. 0 Telephone Confirmation 3. 0 Order Acceptance Forms REV104 Ex1 Phone Confirmation Checklist REV105 Shipment Of Goods Activities 1. 0 Shipping Inspection And Packaging 2. 0 Export Shipping 3. 0 Manifest Systems 4. 0 Shipment Pick-Up 5. 0 Additional Information Resources Forms REV105 Ex1 Shipping Log REV105 Ex2 Commercial Invoice Who Needs Accounting Policies and Procedures? This introduction is an accounting primer to explain the basic concepts of accounting, its structure, standards and definitions. The need to review these concepts is greater now then ever.On one hand, popular accounting programs for small and mid-sized businesses have become more widely used than ever before, and on the other hand, industry consolidation has significantly reduced the accounting program choices to just a handful. These choices are typically inexpensive, easy to implement, and come with little support to develop appropriate policies and procedures to ensure that the data generated by these programs is accurate and complete. Entry-level software like Quickbooks ® and midlevel software like MAS-90 or Great Plains share this common deficiency. The â€Å"support† documentation is long on the explanation of user features and short on policy and procedural advice for appropriate use. The Recent Past Only twenty years ago, small to medium sized businesses faced daunting choices for selecting an accounting system.There were only three choices: Continue to use a full manual system (a comprehensive pegboard â€Å"one-write† system, employing many journals anchored to an imposing cloth bound general ledger book that rivaled the size of the largest Webster's Dictionary), purchase or lease a computerized accounting system, or build your own. The manual systems were not trivial. They were produced by major firms, which provided on-site implementation and training. These systems were well documented with many policies and procedures built into the regimented use of the â€Å"one-write† journals and corresponding ledgers. An alternative decision was to purchase or lease an automated information system.But this required another decision of whether to buy a â€Å"ready made† product or build your own. To make this decision, the company would typically hire a consultant or CPA firm to perform a comprehensive â€Å"needs† analysis. The consultan t would eventually select, either a commercially built multi-module accounting program (like Solomon, our Real World), or a programmer to develop the structure from custom code (RPG was a popular language used to create custom accounting programs). Either one of these alternatives would have to run on a leased or purchased dedicated mini-computer system, (the IBM 36 was the popular mid-size business choice for many years).Both solutions required tremendous resources in time and money. Even the â€Å"ready made† solutions required plenty of additional programming to fit it into the specific company's needs. For a half a year or more, various consultants, programmers and specialists would write code, test and rewrite code. In either case, documentation was paramount. Hence policies and procedures, as they applied to the mechanics of the accounting system were well documented as a by-product of the installation and implementation procejss. The total costs in the purchase or leas e of the hardware and software (ready made or custom built), and in the company's own human resources, was staggering. The PresentImagine the months of decision making preparation, the months of development, the reams of documentation and the total costs that easily went from tens of thousands, to hundreds of thousands of dollars. Compare this to the present practice occurring throughout the country on a daily basis. The owner, or the owner's controller or other designee walks into a local retailer, picks up a copy of the most successfully marketed accounting software package, (ie: the one occupying the most prime and visible shelf space), drives back to the office, and loads the program on any available PC computer. There you have it: the decision making process, â€Å"needs† analysis, implementation and installation; all for the price of $299! The future The future begins today, with your purchase of this 4expertiseâ„ ¢ Accounting Policies and Procedures Manual.This manu al is needed more now than ever. Accounting systems are more accessible than ever before. Unfortunately, they come with no instructions. The user guide that comes with the accounting software only explains what the menu options do, it doesn't explain which options result in sound accounting practices. Accounting software is looking more and more like your own internet browser home page, (no surprise since each manufacturer is competing to be your primary web portal). In the process, the actual functions of accounting are less obvious, and as a result, less understood. This introduction is a look behind the scenes of the â€Å"splash screen†.Hopefully, by understanding the concepts and consistent accounting rules utilized by all accounting software programs, you will develop more confidence to rely on the information generated by the program and you will be able to use it more effectively to run your company. Accounting Basics Three important terms that are easily confused: â € ¢ Bookkeeping †¢ Accounting †¢ Reporting What are they and how do they interrelate? Bookkeeping Bookkeeping and accounting share two basic goals: †¢ To keep track of income and expenses, thereby improving The Company's ability to achieve profitability †¢ To collect the necessary financial information about The Company's business to file required reports and tax returns Bookkeeping refers to the actual transactional entering and recording of data. Examples are writing checks, processing payroll, making deposits, recording disbursements and recording receipts. AccountingAccounting encompasses the broader responsibilities over developing and maintaining the accounting system under which bookkeeping functions are performed. Accounting is concerned with the timely and accurate recording of transactions, providing useful management information, and properly reporting such information for various user needs. Developing and maintaining an accounting system involves s etting up and maintaining an appropriate chart of accounts for the particular business. Policies and procedures are then established to provide guidance for all possible financial transactions, from source documents (checks, sales orders, etc. ), to journals (payroll journal, cash disbursement journal, invoice register, etc. , to the general ledger, (based on the chart of accounts), and ultimately to a variety of reports for all internal and external needs. Bookkeeping and reporting can be thought of as the input and output of a complete accounting system. Accounting policies and procedures ensure Reporting Reporting, (the output of the data generated through various bookkeeping functions), is used for both internal and external purposes. Internal Reports are reports used within the company, by both management and other designated personnel. Internal reporting can be further divided into financial and non financial data. Non-financial data Non-financial data includes a variety of me asurement and productivity data, applicable to the specific business.These can be daily customer count, web page â€Å"hits†, production activity per employee hour, units and total weight of product shipped, or even daily weather conditions. Financial data Examples of financial data reports include: †¢ Financial statements – Profit and loss reports (income statement), balance sheets and cash flow statements †¢ Daily reports with critical balances, such as, sales, cash level, inventory, accounts receivable and accounts payable †¢ Segmented profit and loss reports (or P/L) on specific jobs, profit centers or departments †¢ Register reports, listing all transactions for specific areas such as, payroll, checks, receipts, invoices, etc. †¢ Listings of source data files such as customer, employee, vendor and inventory lists. Aging reports for both Customers (accounts receivable or A/R) and Vendors (accounts payables or A/P) †¢ Inventory reports for costing and valuation †¢ Exception reports – open purchase orders, back orders, inventory stock outs. External reports generated for the use of people or organizations outside of the business. Report data and format will vary depending on user: †¢ Banks, lending institutions. To observe the financial viability of a business and to determine its ability to support additional amounts and types of debt financing †¢ Employees. To determine the stability of the business of their employer – this may be useful in wage negotiations †¢ Suppliers. To assess the suitability of granting credit terms to a business †¢ Existing and Potential Investors.To assess the potential risk of investing in a business and to monitor the status of existing investment in a business †¢ Public. To gain more insight into any business, which is legally required to make certain financial information available †¢ Government. To fulfill the requirements of all appli cable local, state and federal reporting statutes, including income, sales, insurance, property, and payroll tax returns †¢ Media / Press. To use available business reports in specific trade and business publications Components of an Accounting System The financial transactions of any accounting system can be grouped into four major transaction cycle groups: Revenue Cycle, Purchase Cycle, Payroll Cycle, and General Journal Cycle.Transactions in the form of sales invoices, receipts, purchase invoices, checks and payroll entries are posted to the appropriate journals. Simultaneously, these postings are also recorded in the General Ledger. The General Ledger accumulates all transaction activity, organized by account classification. Various reports, including financial statements can then be prepared from the data collected in the General Ledger. Corrections or necessary adjustments can be made to the General Ledger by creating adjusting journal entries, posted to the general journ al. The following outline on the next two pages provides more explanatory detail on these four cycles: . Revenue Cycle Order Entry Invoices entered through direct entry, through sales orders or through a point-of-sales system, (such as a cash register) are posted to the sales journal. These entries also accumulate on the accounts receivable ledger, organized by customer. If the business maintains an inventory, the posting of sales also affects the inventory ledger. Finally, all sales journal activity is also posted to the general ledger Cash Receipts / Deposits Receipts on sales and other bank deposits are posted to the cash receipts journal. Sales receipts information also accumulates on the accounts receivable ledger, organized by customer.These postings are also entered on the bank account ledger. Finally, all cash receipts journal activity is also posted to the general ledger. Accounts Receivable Accounts Receivable is a separate journal that records both sales and cash receipt data by customer. The data comes from the postings to the cash receipts journal and the sales invoice journal. 2. Purchase Cycle Purchase Orders / Purchasing Invoices entered through direct entry or through purchase orders are posted to the purchase journal These entries also accumulate on the accounts payable ledger, organized by vendor. If the business maintains an inventory, the posting of purchases also affects the inventory ledger.Finally, all purchase journal activity is also posted to the general ledger Cash isbursements / Checks Payments on account or for expenses are posted to the cash disbursement journal. Payment on account information also accumulates on the accounts payable ledger, organized by vendor. These postings are also entered on the bank account ledger. Finally, all cash disbursement journal activity is also posted to the general ledger. Accounts Payable Accounts Payable is a separate journal that records both sales and cash receipt data by vendor. The data come s from the postings to the cash disbursement journal and the purchase journal. 3. Payroll Cycle Payroll data, by employee, for each payroll data is entered into the payroll journal.These postings are also entered in the cash disbursements journal and the payroll ledger. Finally, all payroll journal activity is also posted to the general ledger. 4. General Journal Cycle Corrections or adjustments to the above major transaction cycles can be made through adjusting journal entries, posted directly to the General Ledger. These are compiled in a separate journal, known as the General Journal. How does posting work? The specific postings, as outlined in the cycles above, do not necessarily take place as separate steps, especially in computerized environments. There are only two basic methods of posting in computerized accounting systems: real-time posting and batch posting.In real-time posting, the source transaction, (check, bill, payment, receipt, etc. ), is posted to the specific journ al and any related subsidiary ledgers (accounts receivable, accounts payable, inventory, bank account, etc. ), and is simultaneously posted to the general ledger. In batch posting, the journals and subsidiary ledgers are posted, but entries are not yet posted to the general ledger. Posting these journals to the general ledger is done separately. Typically, a group of transactions is entered, a full day's worth, for example. Later, after the journals are reviewed for accuracy, this entire day's group, or â€Å"batch† is posted to the general ledger.To understand this posting process better, it would be helpful to follow specific transactions through a sample company. First, however, we need to define various accounting terms and concepts. Accounting Terms and Concepts Double-Entry Accounting We can justifiably thank the 14th century Italian merchants for developing the doubleentry system of accounting that we still use today. It is widely believed that Benedetto Cotrugli was t he first to document this concept of double-entry accounting. In 1458, he wrote Delia Mercatura et del Mercante Perfetto (Of Trading and the Perfect Trader), which included a brief chapter describing many of the features of double entry accounting.Years later in 1494, Luca Pacioli, from San Sepulcro in medieval Tuscany, published The Summa's 36 short chapters on bookkeeping, entitled â€Å"De Computis et Scripturis† (â€Å"Of Reckonings and Writings†), so that the subjects of the Duke of Urbino could learn how to conduct business and to provide the trader with a fast method to determine his assets and liabilities. For centuries before, commercial transactions had been recorded and journalized, whether on paper, papyrus or clay tablets. However, these journals provided only totals of transaction groupings. It was the Italians that first recognized that it is impossible for a business transaction to occur without affecting at least TWO accounts. There can never be only o ne effect from a transaction.An Italian farmer sells wood to a shipbuilder for 400 ducats. To account for this transaction he would record: wood sale – 400 ducats. His â€Å"sales† account has been increased by 400 ducats. But, what else has happened? What other account was affected? His â€Å"cash† account also increased by 400 ducats. What if he sells his wood to the shipbuilder on credit, and he receives no cash? In this case it's his â€Å"accounts receivable† account, which increased by 400 ducats. There are always, at least two sides to each transaction. Later, when the shipbuilder pays his debt to the farmer, the farmer records an increase in his cash and a decrease in his accounts receivable by 400