Riordan Manufacturing Paper
Research for Reporting Improvement of Riordan Manufacturing
Research for Reporting Improvement of Riordan Manufacturing
Riordan Manufacturing is experiencing deficiencies in its financial and accounting reporting. It is imperative to the firm’s continuing success to identify and correct these reporting problems. The scope of the following literature involves: identifying the research questions, naming the hypotheses, identifying the variable to be considered, and the ethical considerations involved in the research.
The Research Questions
A research question is “the hypothesis that best states the objective of research” (Cooper, D. & Schindler, P., 2011, pp. 83). It is easier to develop a research question if the topic is …show more content…
Being “unable to achieve anything remotely resembling ‘seamless compatibility’” (Riordan Manufacturing, 2013) pertaining to the submittal of data, the F & A department has to devise a plan for improving its efficiency. A suitable hypothesis is “Riordan Manufacturing’s Financial and Accounting divisions are experiencing reporting inefficiencies resulting from incompatible reporting programs.” This acts as a descriptive hypothesis by directly addressing the case, Riordan’s financial and accounting divisions, and the variable reporting inefficiencies. A relational hypothesis outlines two dependent variables (DV) and their relation to a case. An example of this is “In-depth training programs (DV) for uniform F & A systems (case) will streamline F & A data reporting (DV). Explanatory hypotheses relate a casual variable or independent variable (IV) as it is sometimes called, with a DV. An example of this is “the implementation of a uniform F & A system (IV) across all divisions will lead to faster turn-around for reporting …show more content…
Thankfully the customers are not being affected with the issues since the employees are still inputting the information one way or another. The main issue is that Michigan and Georgia still need to consolidate all their information and send it to the San Jose location. There are no ethical issues that arise to customers or suppliers. One of the few unethical issues is that the San Jose location needs to work harder and more diligently than the other locations to ensure Michigan and Georgia are sending the information on time. To resolve this issue of everything being inputted properly, it is recommended that the corporate office send employees out from different locations to help out with transferring information. This will help reduce the 15-20 days it takes to input everything after months end. The use of an auditor is extremely beneficial since there is some information that is being inputted twice. If information is tracked incorrectly it is unethical for Riordan. After research is completed, the employees should be able to all use the same software to ensure the
Research for Reporting Improvement of Riordan Manufacturing
Riordan Manufacturing is experiencing deficiencies in its financial and accounting reporting. It is imperative to the firm’s continuing success to identify and correct these reporting problems. The scope of the following literature involves: identifying the research questions, naming the hypotheses, identifying the variable to be considered, and the ethical considerations involved in the research.
The Research Questions
A research question is “the hypothesis that best states the objective of research” (Cooper, D. & Schindler, P., 2011, pp. 83). It is easier to develop a research question if the topic is …show more content…
Being “unable to achieve anything remotely resembling ‘seamless compatibility’” (Riordan Manufacturing, 2013) pertaining to the submittal of data, the F & A department has to devise a plan for improving its efficiency. A suitable hypothesis is “Riordan Manufacturing’s Financial and Accounting divisions are experiencing reporting inefficiencies resulting from incompatible reporting programs.” This acts as a descriptive hypothesis by directly addressing the case, Riordan’s financial and accounting divisions, and the variable reporting inefficiencies. A relational hypothesis outlines two dependent variables (DV) and their relation to a case. An example of this is “In-depth training programs (DV) for uniform F & A systems (case) will streamline F & A data reporting (DV). Explanatory hypotheses relate a casual variable or independent variable (IV) as it is sometimes called, with a DV. An example of this is “the implementation of a uniform F & A system (IV) across all divisions will lead to faster turn-around for reporting …show more content…
Thankfully the customers are not being affected with the issues since the employees are still inputting the information one way or another. The main issue is that Michigan and Georgia still need to consolidate all their information and send it to the San Jose location. There are no ethical issues that arise to customers or suppliers. One of the few unethical issues is that the San Jose location needs to work harder and more diligently than the other locations to ensure Michigan and Georgia are sending the information on time. To resolve this issue of everything being inputted properly, it is recommended that the corporate office send employees out from different locations to help out with transferring information. This will help reduce the 15-20 days it takes to input everything after months end. The use of an auditor is extremely beneficial since there is some information that is being inputted twice. If information is tracked incorrectly it is unethical for Riordan. After research is completed, the employees should be able to all use the same software to ensure the