Project accounting

I am currently employed as a contract worker in the mortgage field. Throughout my work history, I have worked in different positions within the industry. I have been able to see the changes that have taken affect due to technological advances with office software and computer hardware. It is evident now that all of the mortgage industry will be automated. I currently use the following software at work: Blacknight/Loansphere, Hometracker, Darts, Equator and Falcon. Our team has recently started using the Microsoft product, Share point. Share point allows every member of the ability to work on the same document at the same time. The Project Manager is able to change or add additional information to the spreadsheet while the team members…

2.3 Project Deliverables The project’s key deliverables are: Document / s covering: ▪ Matrix of processes and systems under Humanities Financial Services Office and respective Teaching Areas, ▪ Services identified for improvement via end to end processing / procurement arrangements / invoicing, ▪ Recommended process flow for identified services, ▪ List of service deliverables (with the resource requirement) of the Humanities Financial Services Office, …

Aerospace Partners, Inc manufactures communications and radar systems for the aerospace industry. Work is performed alone or in partnership with other contractors using the following contract types: fixed priced, fixed price with incentive, and cost plus fixed fee. Contract length varies by project but typically last for approximately three (3) years. Use of Estimates Preparation of financial statement to conform with U.S. generally accepted accounting principles (GAAP) requires management to…

multiple projects running at the same time with each having three stages of inventory accounts; raw materials, work in process (WIP) and finished goods (FG). This creates a large number of asset accounts that manufacturing needs to determine “transfers to” and “transfers from”. In our business we use dollar values in the calculation of these transfers (demand) rather than volume, as our products are very large (up to $25 million) and project durations are extensive (up to two years) in length.…

Sep 2014 – Till Now Sr Java Developer Responsibilities:  Participate in software design meetings to write technical design documents and to propose design solutions.  Develop codes based on user requirements documentation and detailed design documentation.  Recommend optimum coding methodologies based on latest coding developments and project needs.  Provide work effort, budget and timelines for proposed project to Managers.  Develop…

MGMT 512 – Exam I Naci Yüksel - 0037094 Page 1 of 2 Toshiba’s Accounting Scandal Toshiba is a leading Japanese multinational conglomerate which provides diversified products and services such as electronics, home appliances, information & communications systems, medical equipment and power systems. The company was founded in 1875 to pioneer in high technology not only in Japan but also anywhere in the world (“About Toshiba”). Unfortunately, an independent investigation had…

management aggressively decided the need to grow faster, increase investor’s confidence, attract more investments and increase their credit rating. In order to achieve their vision, the company pushed for the change to the constitution and the legislature removed the law which relaxed regulations in the industry. The changes in accounting methods enabled Enron to inflate the revenues by using mark-to-market method. Enron also vouched…

The traditional variance analysis method actually is used in everywhere. There is one interesting discussion from Chenhall and Langfield-Smith in 1998 which examines the Australian accounting application. In Australia, the traditional and current development management accounting practices was widely accepted and applied. The authors believe that those traditional accounting methods such as variance analysis is much better than some new techniques (Chenhall & Langfield-Smith, 1998). The previous…

How to Plan and Budget for a 2017 Digital Transformation Project Companies launch a digital transformation initiative for a variety of reasons. Some are looking to respond to changes in customer demands and preferences, others are trying to remain competitive and some companies see the opportunity to expand into new markets. Whatever your organization 's reason for undertaking a digital transformation project, you will need to plan and budget wisely if you want the project to be a success.…

J. (2013) Common financial statement fraud schemes. Retrieved from https://www.google.com/?gws_rd=ssl#q=common+financial+statement+fraud+schemes+by+jamal+ahmad Cernusca, L. (2011). Ethics in accounting: The consequences of the Enron scandal. Agricultural Management, 13(3), 35-42. Retrieved from http://eds.b.ebscohost.com/eds/detail/detail?vid=2&sid=59e976ea-caa3-4b98-a718-e29420909cda%40sessionmgr114&hid=120&bdata=JnNpdGU9ZWRzLWxpdmU%3d#AN=67096081&db=bth Giroux, G. (2008). What went wrong?…