In the new millennium, one of the hot topics has been enterprise resource planning (ERP). Prepare a paper explaining the purpose of ERP and describing some of the key considerations and risks that are associated with ERP implementation. Include any issues or concerns involved when a company implements the system. Individual Portion: Research ERP to determine what its purpose is. Also, determine what problems have been encountered when different companies in different industries have implemented this kind of system.   Must be completed in APA format paper, 3-4 pages (not including title and reference pages)

You are the newly hired accountant for The Gift Shop. The owner has just received the December 31, 2008 bank statement and has asked you to prepare the monthly bank reconciliation.

• Write the procedure documentation for the monthly bank reconciliation process in a professional manner.
  • It will be the desktop guide used by others in the event of your absence to prepare the financial statements for The Gift Shop.
  • It may be in the form of a memorandum or as a numbered listing of items, depending on your individual preference.
• Prepare the monthly bank reconciliation for The Gift Shop based on the information provided.

Additional information needed for bank reconciliation preparation follows:

• Cash per the unadjusted trial balance is $12,675.
• Cash balance per the bank statement is $12,780.
• Check #115 has not cleared the bank. It was written for $645.
• A deposit of $1,000 cl

Purpose of Assignment 

Reconciling bank accounts is a good way to help maintain internal controls over cash. With time lags and posting errors it is easy for cash transactions to be omitted, recorded in a different accounting period, or reflect incorrect amounts. This assignment with give you practical experience in reconciling the cash balance as noted on the company books to the bank's records.

Assignment Steps 

Resources: Financial Accounting: Tools for Business Decision Making

Scenario: Daisey Company is a very profitable small business. It has not, however given much consideration to internal control.  For example, in an attempt to keep clerical and office expenses to a minimum, the company has combined the jobs of cashier and book-keeper. As

5-35 Comprehensive Cash Budget (CMA adapted) (LO 4) GrowMaster Products, a rapidly growing distributor of home gardening equipment, is formulating its plans for the coming year. Carol Jones, the fi rm’s marketing director, has completed the following sales forecast. Month Sales Month Sales January $ 900,000 July $1,500,000 February $1,000,000 August $1,500,000 March $ 900,000 September $1,600,000 April $1,150,000 October $1,600,000 May $1,250,000 November $1,500,000 June $1,400,000 December $1,700,000 Phillip Smith, an accountant in the Planning and Budgeting Department, is responsible for preparing the cash fl ow projection. He has gathered the following information.

• All sales are made on credit.
• GrowMaster’s excellent record in accounts receivable collection is expected to continue,

with 60 percent of billings collected in the month after sale and the remaining 40 percent collected two months after the sale.

• Cost of goods s

Using the Internet, Strayer databases, or the Securities and Exchange Commission’s Website, located at http://www.sec.gov/divisions/enforce/friactions/friactions2012.shtml, perform a search on several U.S. health care publicly-traded companies and choose a health care organization that has been accused of committing health care fraud. Write a five to six (5-6) page paper in which you:  

1. Evaluate the level of SOX regulations that applies to for-profit and not-for-profit health care organizations, indicating whether or not mandating SOX requirements for non-profits might reduce fraud and increase corporate governance. Provide support for your rationale.
2. Determine whether SOX has been effective in regulating ethical behavior of for-profit health care organizations. Defend your position.
3. Determine whether deficiencies existed in the IT environ

Careers in Accounting Due Week 8 and worth 160 points Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities in addition to preparing financial statements and recording business transactions. These activities include computing costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management. Use the Internet or the Strayer Online database to research career options within the accounting field and accounting job postings in your local area to respond to the questions in the assignment. Write a one to two (1-2) page paper in which you:

1. Describe at least two (2) career options someone with an accounting education can pursue. Be sure to reference sources such as the Bureau of Labor Statistics and t

Case Assignment

Coffee Maker's Incorporated (CMI) Two divisions of a CMI are involved in a dispute. Division A purchases Part 101 and Division B purchases Part 201 from a third division, C. Both divisions need the parts for products that they assemble. The intercompany transactions have remained constant for several years. Recently, outside suppliers have lowered their prices, but Division C is not lowering its prices. In addition, all division managers are feeling the pressure to increase profit. Managers of divisions A and B would like the flexibility to purchase the parts they need from external parties to lower cost and increase profitability. The current pattern is that Division A purchases 3,000 units of product part 101 from Division C (the supplying division) and another 1,000 units from an external supplier. The market price for Part 101 is $900 per unit. Division B purchases 1,000 units of Part 201 from Division C and another 500 units from an ext

Review the following case study. When the FASB issues new standards, the implementation date is often 12 months from date of issuance, and early implementation is encouraged. Becky Hoger, controller, discusses with her financial vice president the need for early implementation of a standard that would result in a fairer presentation of the company's financial condition and earnings. When the financial vice president determines that early implementation of the standard will adversely affect the reported net income for the year, he discourages Hoger from implementing the standard until it is required. Write a response of 750 to 1,050 words in which you answer the following requirements:

• Determine an ethical issue that is involved in this case if any.
• Identify if the financial vice president acting improperly or immorally.
• Explain what Hoger have to gain by advocacy of early i