Health Club's Accounting Function Problems
INTRODUCTION
Authorization
The inv
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The problem investigated was the recent experience of the Pacific Health Club related to the firm's accounting function. Problems associated with the firm's accounting function included the following: (1) late and incomplete financial reports; (2) late, missed, and inaccurate billings and recordings of receipts; and (3) late, missed, and inaccurate payment of accounts payables.The purpose of this project was twofold. The first objective was the determination of the underlying cause of the problem, while the second objective was to develop and recommend a solution to the problem. The research performed for this project was limited to an investigation of the firm's accounting function. The investigation of the accounting function necessarily included some company personnel not assigned to the accounting section. The problem investigated in this study originated within the accounting section, and continues to be seated in that section of the organization. This problem necessarily involves the accounting manager and two accounting clerks. Additionally, the faulty and late financial reports resulting from the problem cause nine members of the organizational management team to be involved in the problem. One of the manifestations of this problem is the generation of incorrect customer statements. Thus, the organization's customers are also involved in the problem. While not all of the organization's 3,500 plus customers are plagued by incorrect
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numbers of electronic data processing devices for the purposes of sharing data and peripherals (Schindier, 1984, pp. 97130). If the LANs are restricted to sequential processing, massive congestion develops on large or busy networks, with the result that the LAN technology may not be exploited to its full effectiveness (Schindier, 1984, pp. 97130).
Parallel processing is the performance of more than one task on a computer at the same time. Douglas (1983, p. 72) noted that ". . . considerable work is being done on specialfunction parallel computers for . . . graphics." It was also noted that, to ". . . handle large amounts of data, several pipelines can be used in parallel to execute the same functions" (Douglas, 1983, p. 73).
Outsourcing the Accounting Function Outsourcing is a term applied to a variety of practices that, in essence, mean that functions that would otherwise be performed by a firm's own employees are performed by entities external to the firm (Quinn, 1991, p. 7). Outsourcing is related to and, in the broadest scope of the term, encompasses both the makeorbuy decision concept and the concept of contractingout services (Scott, 1991, pp. 5456). Outsourcing in information management, as an example,
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Some common words found in the essay are:
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Approximate Word count = 6866
Approximate Pages = 27 (250 words per page)
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