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Lean six sigma management accounting

Lean six sigma management accounting
Subject: – Accounting
topic is The implementation of LSS in Sime Darby Plantation Berhad.

The study is based on Management Accounting which is Lean Six Sigma.

Please use APA style.

Use the below guidelines to write a Literature review (Chapter 2) and also please use accounting articles about LSS.

1-Overview LSS system

2-LSS in the private sector (MNC,SME and so on)

3-The benefits of LSS system.

4-The usefulness of LSS systems

5-The critical success factors for the implementation of LSS.

 

6-The challenges and difficulties of the implementation of LSS.

Instruction Files (0)

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Accounting for a Factory overhead using a T-account.

How do you account for factory overhead using a T-account and how do you account for the balance in the account at the end of the year?

What is the difference between permanent accounts and temporary accounts, and why does an accounting system have both types of accounts?

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Nominal, Permanent, Temporary and Real accounts

Which of the following statements is true? A. Cash is a nominal account, and Service Revenue is a temporary account. B. Equipment is a real account, and Salary Expense is a permanent account. C. Accounts Receivable is a temporary account, and Dividends is a real account. D. Prepaid Rent is a permanent account, and Income Summary is a nominal account

Expalin your answer.

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The Purposes of Computer System Documentation

Describe the purposes of computer system documentation. Why should the auditor review the computer system documentation?

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ACCOUNTING QUALITY UNDER INTERNATIONAL FINANCIAL REPORTING STANDARDS.

Write a methodology and analysis on measuring accounting quality in pre (5 years) and post (5 years) adoption of  IFRS (International Financial Reporting Standards) across five EU countries ,Spain , Italy,UK, Germany, and five African countries (Nigeria, South Africa, Zimbabwe, Zambia, Ghana).
The data needed is on minimum 1,000 companies. 
Show your variables of measuring accounting quality and whether you have access to data in Worldscope, Thompson Routers Global Compustat, Eikon or with Beaurau van Dijk for access to Orbis or Osiris databases.
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Taxation Coursework

Accountancy

Taxation Coursework

Taxpayers are entitled to organise their financial affairs in such a way that their tax burden is minimised. This perfectly legal activity is known as tax avoidance. Over the years tax advisors have shown great ingenuity in devising very complex and highly artificial tax avoidance schemes to exploit “loopholes” in the tax system. These schemes often result in a significant loss of tax revenues.
Recently David Cameron and his mother received press attention because Mrs Cameron had given her son two gifts of £100,000 each.
http://citywire.co.uk/money/cameron-defends-inheritance-tax-gifts/a897320
http://www.dailymail.co.uk/news/article-3531822/Cameron-s-tax-bill-dodge-mother-s-200-000-gift-New-row-historic-decision-publish-PM-s-tax-return-revealed-family-avoided-70-000-bill-father-died.html
http://www.taxadvisermagazine.com/article/welcome-succession-taxes-voice-issue-1

Requirement
In an essay of approximately 1,800 words, briefly provide background on the inheritance tax planning scheme used by Mary Cameron, then discuss, using appropriate legislation and case law, whether or not you consider this scheme to be tax avoidance or tax evasion.
You may wish to discuss the DOTAS regime, whether or not this applies to this type of inheritance tax planning and if you feel that there is any way that HMRC can prevent blatant tax loophole exploitation. You can choose other areas for examples to illustrate your points.
The GCU library website has a Lexis Nexis site, which provides an excellent legislation and case law reference section.

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Global Issues for The Finance Professional Accountancy

Global Issues for theFinance Professional

Research Paper-Global Issues for the Finance Professional on Professional Accountancy

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Internal Accounting Systems & Controls

 
Task 1)

Review and evaluate the accounting system
This review can be of the complete system or of one or more of the accounting functions, depending on your findings – but must specifically cover the following points:
Record keeping systems – explain the purpose of financial reports, and the suitability of the organisation’s current reports to meet organisational needs

Internal systems of control – identify how internal control supports the accounting system and the types of internal control in place, and any controls that are missing

Fraud – explain the causes of fraud, common types of fraud, methods that can be used to detect fraud and potential areas for fraud within the organisation

Working methods/practices – review the working methods used including the use of appropriate computer software, and the operating methods in terms of reliability, speed and cost effectiveness

Training – Identify how training is or can be used to support staff.
The review should cover all aspects of the assessment criteria, as mapped above, when it can naturally be introduced into the report. If it cannot be covered in the report then it can be covered within a written explanation included in the appendix.
Whilst a SWOT analysis may be a good starting place, this should not be placed in the body of the report.

Task 2)

Conduct an ethical evaluation of the accounting systems.
Evaluate the accounting systems against ethical principles by reviewing working practices.
Identify any actual or possible breaches of professional ethics.
To help you with this see http://www.aat.org.uk/sites/default/files/assets/AAT_Code_of_Professional_Ethics.pdf

Task 3)

Conduct a sustainability evaluation of the accounting systems.
Evaluate the accounting systems against sustainability principles by reviewing working practices.
Identify any possible improvements that could be made to improve sustainability.
Task 4)

Identify weaknesses and make recommendations for improvement.
Evaluate the system to identify significant weaknesses, which should be clearly explained along with their impact upon the organisation.

For every weakness that has been identified there should be one or more recommendations made to attempt to improve the situation.

The recommendations should concentrate on the effect that the changes would have both on the organisation and on individual members of staff. They may also highlight:
training needs;
aids to improve staff performance;
changes needed to organisational culture;
anything else which would improve the running of the accounting system.

Prepare a Cost Benefit Analysis
At least one of the recommendations made should be subject to a cost benefit analysis. Whilst not all benefits are quantifiable, all costs are. Students should make any necessary assumptions or estimates to allocate costs to such items as time, unknown salaries, or any other unknown expense involved in the recommended changes. All benefits should be identified, included those that cannot be allocated a financial figure. This can include such things as improved customer relationships, improved documentation systems or staff morale (though this could be allocated a financial figure as improving staff turnover cuts recruitment costs).

Note on appendices

Any charts and diagrams or supporting evidence should be included here and cross-referenced within the text. Any appendices included should be referred to in the main body of the report or, in the case of supporting statements to cover missing assessment criteria, be mapped and cross-referenced on the mapping document.

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The assignment is in the form of a problem question dealing with exclusion of liability and consideration.

 
The assignment is in the form of a problem question dealing with exclusion of liability and consideration.
Before attempting the assignment you should review:
• • the guidance on writing eTMAs set out in section 4 of your eTMA Guide; and
• • the advice for answering problem questions set out in section 7 of your eTMA Guide.
You will also need to review the relevant material in Units 4, 5, 6 and 7. You are encouraged to do further independent research, but are not required to do so.
QUESTION
Commercial Vehicle Repairs PLC (“CVR”) repairs vehicles for small businesses. Last month it entered in to repair contracts with (among other customers) Parsons Plumbing Ltd (“PPL”) and Bright Sparks Ltd (“BSL”).
PPL’s managing director, Iwan Parsons, telephoned CVR to arrange the repair of one of its vans and its truck. After the telephone conversation, CVR sent a quotation for the job (see Document A).
Iwan read the quotation but did not look at the terms and conditions set out on the back, an extract from which appears as Document B. He telephoned CVR and explained the importance of finishing the jobs properly and on time, as the vehicles were crucial for cash flow. He said that PPL would be accepting the quotation.
BSL had been a customer of CVR’s for at least 10 years, and every 6 months its vehicles go to CVR for maintenance. CVR’s latest contract with BSL was to service a transit van for £150 (plus the cost of any replacement parts). A date for the work was agreed and CVR agreed that if the van was dropped off by 8:30 am the work would be completed by 4:00 pm on the same day. The first document that BSL received was the invoice after the job was finished. On the back of the invoice were the same terms and conditions mentioned above (Document B).
There have been a number of difficulties:
o • PPL’s van came to CVR with engine problems. CVR’s employee, Bill, reinstalled the radiator without attaching one of the pipes correctly. As a result, the engine overheated and failed. It needs to be replaced at a cost of £2,000. PPL has lost 10 days’ plumbing jobs, amounting to a £10,000 loss of profit.
o • On PPL’s truck, a defective engine management system unit was fitted, so, 2 days after the repair, the engine did not start and PPL has been unable to use the truck for 5 days. As a result, it has lost another £5,000 profit.
Document A
COMMERCIAL VEHICLE REPAIRS PLC Specialists in vehicle repairs since 1960 Unbeatable prices
QUOTATION
CLIENT ADDRESS

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Is it socially responsible of a multinational corporation (MNC) to utilize tax avoidance strategies?

 
Instruction given by the lecturer:
Introduction: 200-300 words
1. Introduce the topic
2. Give the thesis statement
3. Outline your approach

Main body of the assignment: 1000-1300 words
Main argument needs a lot of analyse.

Conclusion: 300-500 words
Reiterate the thesis statement
Recap the main points/findings
Show how these address the thesis statement.
Come up with a definite answer to the question (even if the answer is “it depends”)

The conclusion should NOT introduce any new material, but can raise some speculative points.

Criteria for marking:
1. Core concepts: Presenting your knowledge and understanding of the subject matter base on research. Be critical of generic online resources. Search for and use original articles / documents
2. Structure:
Flow of argument, headings, spelling/grammar etc.
3. Critical Reflection:
Evaluating arguments (debates, pros and cons) and developing insights

Marking criteria for 17-point scale (1st class):
Very high quality work, with full understanding of the subject matter. Work that demonstrates intellectual maturity, and is perceptive with highly developed organisation. An ambitious project carried out successfully, with sophisticated handling of primary and secondary material, reasoned, analytical argument. Some degree of originality, independent research and thought.

Can you please also reference the following if possible:
– Only peer-reviewed articles, texts and case studies
– A recent article about corporate tax avoidance

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