Nature And Structure of Inkwell Ltd 5. Description of Current Accounting Systems 6. Weakness and Findings of Current Accounting System 7. Fraud 8. Recommendations 9. Cost Benefit Analysis 10. Appendices Terms of Reference 1.1 This report has been prepared to cover the requirements of AAT learning assessment are internal controls and accounting systems 1.2 This report investigates the accounting system in place within Inkwell Ltd with regards to making
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3.1. The weaknesses identifying in Inkwell Ltd are that one person operates the payroll system. Payroll and Personnel Database Clerk does not have enough experience and had only one day training to operate Sage. Employee is responsible for running two payrolls‚ a monthly payroll for management and salaries staff‚ and a weekly payroll for hourly paid staff. Recommendations to avoid errors and potential fraud are to appoint another person to overview and check the work. Another option is to employ
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A Report into Accounting systems of Inkwell Ltd & recommendations for Improvement. Contents 1. Terms Of Reference 2. Executive Summary 3. Methodology 4. Introduction 5. Findings and Recommendations 6. Cost and Benefit analysis 7. Appendices Terms of Reference 1.1 This project has been prepared to cover the requirements of the Internal Control and Accounting Systems unit‚ for the Level 4 Stage for the Association of Accounting Technicians. 1.2 The report identifies
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INKWELL LIMITED An evaluation of the internal controls and an investigation of the accounting system at Inkwell Limited. Student Name: Paul Michael Bantusitse AAT Number: 10416343 I testify that the following report is my own unaided work and a true reflection of the organization. Signed: Dated: Table of Contents 1. TERMS OF REFERENCE 3 2. EXECUTIVE SUMMARY 3 3. METHODOLOGY 3 4. INTRODUCTION TO THE
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Inkwell Ltd THE REVIEW OF THE ACCOUNTING SYSTEM AND THE EFFECTIVENESS OF THE INTERNAL CONTROL FOR INKWELL LIMITED COMPANY. Submitted by: AAT studend membership number: Date: January 2013 This report is submitted for assessment of competence in AAT Learning and Assessment Area ‘Internal control and accounting systems’. LIST OF CONTENTS 1. Terms of Reference 1.1 Association of Accounting Technician 1.2 Report Objectives 2. Methodology 2.1 Analysis
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Nature and structure of Inkwell Limited Inkjet supplies a complete range of re-manufactured Inkjet and toner cartridges that are compatible with all major printers. The company has a head office in Birmingham‚ where its management and accounts team are both located. It sells its products through a nationwide chain of high street shops or from their 24/7 online shop. The company was formed seven years ago by two of the three controlling shareholders The current shareholding percentages
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Inkwell The company supplies a complete range of re-manufactured printer cartridges and laser tonne cartridges. The company sales its products through a nationwide chain of over 60 high streets shops and by on line shop 24/7. Most sales are retail sales (cash sales) but some of larger trade customers buy from central warehouse on credit terms (30 to 60 days) and get bulk discount based on value of their purchases each quarter. The company has been established in November 2003 in Birmingham by
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BM0354 Theory and Principles of Coaching ICA 1 Individual Written Report Chua Hong Kai Andrew 104828Q Introduction In this report‚ my chosen athlete will be Mr Ang Koon Hwa who specializes in the sport Dragon Boat. It will be a face to face interview with him in regards to his sport and the assessment on his coach. From this interview and project‚ the aim is to get a better idea of the type of coaching style and philosophy the coach adopts. Athlete’s profile Name: | Ang koon
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assessment area Principles of Internal Control and Evaluating Accounting Systems at Level 4 of the Association of Accounting Technicians (AAT) Diploma in Accounting qualification. 1.1.2 This report forms an evaluation of the Accounting System of the Inkwell Limited. 1.1.3 The main purpose of the report is: To evaluate the accounting system and procedures that are currently in place at IWL To identify weaknesses within the system‚ suggest possible improvements and make recommendations for improvement
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(INDEX) 3. TERMS OF REFERENCE 4. EXECUTIVE SUMMARY 5. METHODOLOGY 6. ORGANISATION BACKGROUND 7.1 Inkwell Limited (IWL) is an Limited Company in the private sector‚ which provides a complete range of remanufactured inkjet and laser toner cartridges. 7.2 The company was founded seven years ago by Paul Farnon & Victoria Dawson. Inkwell Lld head office is in based on an Industrial Estate in Birmingham‚ where the management and accounts department are based‚ the
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