Implementation Of New Integrated Reporting Division

Dear Sandra Slender, I really appreciate that you have chosen our consultancy firm to prepare viability report on implementing integrated reporting division in your accountancy practice. I have enclosed the report and all the issues which have been raised are discussed in detail in this report. Following are the main verdict of the report: †¢ What is IR, elements of IR and its cost and benefits †¢ IR will have positive impact on your business and also it is very beneficial for your present and potential clients. †¢ IR will also improve the internal process and annual reporting of the business. †¢ The IR will require your company to hire new staff and trained existing staff. Lastly, we would like to thank for the opportunity this report have given us and make us more recognizable with IR. If you have any further enquiries related to IR, please feel free to ask. Yours sincerely Accountant Hafiz Mohsin farooq ACCM4600 Accounting Theory and contemporary issues Research Report on: Implementation of New Integrated Reporting Division By HAFIZ MOHSIN FAROOQ Student ID 107913 Submitted to MAHESHA PEIRIS September 11, 2014 KAPLAN BUSINESS SCHOOL Contents Executive summary: 4 1. INTRODUCTION 5 2. INTEGRATED REPORTING 5 2.1 ELEMENTS OF INTEGRATED REPORTING 6 2.1.1 Organizational overview and external environment 6 2.1.2 Governance 7 2.1.3 Business Model 7 2.1.4 Risk and Opportunities 7 2.1.5 Strategy and Resource Allocation 7 2.1.6 Performance 8 2.1.7 Outlook 8Show MoreRelatedPepsico Paper1292 Words   |  6 Pagesfoods, and beverages with revenues of $60 billion and more than 285,000 employees (PepsiCo.com). PepsiCo manufactures, markets, and sells various foods, snacks, and carbonated and non-carbonated beverages worldwide. The company operates in four divisions: PepsiCo Americas Foods (PAF), PepsiCo Americas Beverages (PAB), PepsiCo Europe, PepsiCo Asia, Middle East and Africa (AMEA). PepsiCo owns some of the world s most popular brands, including Pepsi-Cola, Mountain Dew, Diet Pepsi, Lay s, Doritos,Read MoreEssay about Bandon Group Part 1965 Words   |  4 Pagesonline meter readings and e-business solutions. There were also difficulties with the sales prospecting database, as it was not integrated with the operations administrative database (OMD), which made it difficult for Bandon Group to address the needs of their customers. Furthermore, OMD was not built with the relational database making ad hoc querying and re porting difficult for managers. Scope and Purpose The scope of this study is to examine the feasibility of incorporating an enterpriseRead MoreCase Analysis : Us Securities And Exchange Commissions1092 Words   |  5 Pagesrecent financial data would be available for analysis and reporting by using PowerPivot. Solution 2: Microsoft Dynamic NAV Microsoft Navision XBRL is a part of Microsoft Dynamic ERP system that is developed specifically for small and midsize business to have a better control over their data management and reporting. It is a feasible solution to MACPA because not only Dynamic NAV support XBRL data transformation, but also provide a set of integrated enterprise capabilities and create a B2B process byRead MoreCommercial Analysis Forecasting Management Project Accounting Management1511 Words   |  7 Pagesactivity for periodic reporting, budgeting and forecasting, and other decision-making purposes. Strong financial risk management focus, assessing and analysing opportunities to reduce and mitigate financial and operational risk. Respected by peers and mentors alike. †¢ Financial Analysis Modelling †¢ Budget Reporting Analytics †¢ Financial Statutory Reporting †¢ Commercial Analysis †¢ Forecasting Management †¢ Project Accounting Management †¢ KPI Development/Implementation †¢ Internal Auditing †¢Read MoreGovernment Employees Services Division ( Gesd ) Essay1108 Words   |  5 PagesGovernment Employees Services Division (GESD) is a large subunit of the federal government agency within National Finance Center. GESD is further divided into six subunits and these units are: client services, government insurance collections, mainframe applications, payroll accounting, payroll/personnel operations, and web applications. These six division work together to provide software development and maintenance, customer service, and business development services such as payroll/personnelRead MoreImportance Of Erp Systems On Industry And Organization1191 Words   |  5 Pagesvalue and then gives relevant outputs. Business integration is a process that consolidates multiple business processes into a single system or point. ERP systems are an example of business process integration. Operations and business processes are integrated at the enterprise level with systems such as SAP. ERPs provide a wide variety of benefits for an organization, some of which are: increased speed and efficiency in business processes, improved security/availability, increased quality in businessRead MoreThe Ins and Outs of Public Administration985 Words   |  4 PagesLeadership and Management POSDCORB: planning, organizing, staffing, directing, coordinating, reporting and budgeting. These tools are necessary to perform the ongoing duties of a public administration. POSDCORB emphasizes professionalism, executive control functions, and organizational theory to governmental organizations for the sake of efficient management practices (Chalekian, 2013). Planning Planning involves the preparation for an organization to operate at desirable levels to achieveRead MoreCompliance Implementation Of Compliance Management1289 Words   |  6 PagesCompliance Charter – BBPK Table of Contents 1. Introduction 2. Definitions †¢ Compliance Division †¢ Compliance Risk †¢ Regulatory Risk †¢ Reputational Risk †¢ Compliance Framework †¢ Risk Appetite †¢ Tolerance Levels 3. The Role of the Compliance Function 4. Responsibilities for Compliance 5. Compliance Risk Management †¢ Compliance Risk Management Framework 6. Compliance Structure 7. Compliance Functions Authority and Capabilities 1. Introduction The purpose of this document is to set out theRead MoreBoeing1310 Words   |  6 Pages 8 Implementation 8 Monitor and Control 9 Conclusion 10 References 10 Executive Summary Boeing Australia Limited (BAL) is relatively new company and a global extension of the US firm, the Boeing Company. The BAL developed capabilities in the areas of space and communication, site management and the upgrade and maintenance of military aircraft and equipment. As BAL grew, it had developed various systems to support the procurement operations at four key divisions andRead MoreIntroduction To Enterprise Resource Planning ( Erp ) System1486 Words   |  6 Pagesengineers Hopp, Wellenreuther, Hector, Tschira and Plattner. The first version of SAP was on the market around 1972 and it is known as the real-time data processing(R/1). As time goes on new features are continuously being added to R/1 model. Currently the widely used model is SAP R/3 System, which provides an integrated package of a business applications that covers a full range of processes. As times goes on and when the market start growing, many companies start to notice deficiencies in