A review of the Payroll System within Cookridge Carpets Limited Prepared By: AAR Registration Number: Centre: Kaplan Financial‚ London Words: 2‚795 Contents Page Content Page 1. Terms of Reference 3 2. Methodology 4 3. Executive Summary 5 4. Introduction 7 5. Review of Payroll System 10 6. Recommendations 11 7. Appendices 12 Appendix A - Mapping document: Principles of Internal Control (knowledge) PIC 13 Appendix B - Mapping document:
Premium Accounts receivable Accounting software Financial statements
Accounting Operation of Cookridge Carpets 1. Methodology 1. After an overall look into the accounting system of Cookridge Carpets during the period from December 2009 to May 2010.It showed that there were a number of issues within the Accounts Department that needed to be reviewed. 2. A meeting was held with the owners and the accounts team to identify the current weaknesses‚ how to improve them and to find solutions to prevent fraud. Once these were agreed
Premium Accounts receivable
AAT level 4 Internal Control & Accounting Systems – Project Contents: 1 Terms of Reference 2 Executive Summary 3 Methodology 4 Outline of Cookridge Carpets 5 Weakness of Current Accounting systems 6 Recommendations 7 Cost Benefit Analysis 8 Appendices: SWOT analysis Company structure 1. Terms of Reference This project has been prepared to fulfill the criteria of Unit 10‚ Managing systems and people in the accounting environment
Premium Accounts receivable Accounting software Accounts payable
ICAS Report Plan Name: Joe Bloggs Email address: Phone number: Description of organisation Briefly describe what the organisation does and what department you will be reviewing. Cookridge Carpets Ltd is a large carpet‚ soft furnishings and bed dealership. They are the main dealership for Memo@memory foam beds and mattresses in the area of Southampton. The payroll department will be the department to be reviewed. What financial statements does your organisation produce
Premium Management Marketing Strategic management
the criteria of Unit 10‚ managing systems and people in the accounting environment of Level 4 AAT. 1.2 The objectives of this report are: To identify the current weaknesses in the payroll and cash handling systems within Cookridge Carpets ltd‚ and to help to prevent fraud from within the business To suggest an implementation of new systems that will help to reduce errors and fraudulent activity with in the financial accounting systems of the organisation‚ particularly payroll and improving the
Premium Accounts receivable Cash Accounts payable
Reference This report has been prepared as part of the requirement of AAT 4 (The Technician Stage of the Association of Language Technicians) namely Internal Control and Accounting Systems. The report is an analysis of the issues facing Cook ridge Carpets Ltd and in particular the accounts department. Included in the report are factors that affect the efficiency of the accounts department: Management‚ operational deficiencies‚ structure‚ training needs and requirement for developments in systems.
Premium Cash flow Financial statements Income statement
effectiveness of the internal Controls and accounting system of Cookridge Carpets Company. It also has some additional contents such as recommendations that helps the company to improve its strengths and weaknesses to protect the company’s reputation. 1.2. The researcher also investigated on the stakeholders of the Cookridge Carpets company‚ both internal and external. The stakeholders play a very
Premium Microsoft Excel Accounts payable Accounts receivable
Background Description of the Current System Weaknesses of the Current System Recommendations Fraud and Errors - Appendices - Appendix A: SWOT Analysis - Appendix B: Organisation Structure Chart - Appendix C: Accounting System and other functions of the organization 1. Executive Summary 1.1 The report investigates weaknesses in the accounting system at Cookridge Carpets Ltd‚ using information from the company’s diary. It then makes recommendations for improvements with a
Premium
Investing in Afghanistan Business opportunities in the carpet industry The tradition of Afghan carpets goes back for centuries. The richness and variety of designs reflect the cultural diversity of our country. The skill of our weavers is unrivalled in the world and make our carpets unique. Rightfully‚ our weavers take great pride in being part of this living heritage of our country. Commercially‚ the carpet industry is a cornerstone of our economy. It is our leading export sector‚ it represents
Premium Hamid Karzai Afghanistan Investment
Analysis of Business Opportunities within Afghanistan’s Carpet Sector Prepared by: Mark T. McCord‚ IOM‚ CCE CEO The McCord Group May‚ 2007 1 Analysis of Business Opportunities Within Afghanistan’s Carpet Sector May‚ 2007 Overview of the Afghan Carpet Sector Afghanistan’s thriving carpets and textiles trade is a legacy of the country’s rich commercial history and diverse culture. World-renowned for their intricate designs‚ Afghan carpets reflect the heritage of cottage-based craftsmanship
Premium Afghanistan Wool