Tuesday, December 31, 2019

Interim Report Example - 2806 Words

Introduction: This document contains the interim report of - This report will tell what has been achieved, what still needs to be done in every department in the organization and in which timeframe. The employees of the RB company have been working greatly and putting a lot of effort to be a stable company and ultimately grow into a successful company. This report will show the companies past activities and if they have been completed successfully. Moreover, this report will also include our future goals and perspectives. - Chief Executive Officer Rainy Business Marketing Overview Review Rainy Business was established in last semester and experienced a whole new process of running a business. The†¦show more content†¦The production department was also responsible for holding the stock. What we achieved with the research process The ultimate test was when we found out that there were two companies who are also selling rain poncho’s. We had to make sure to make our product more recognizable and unique. And with secretly approaching our competitors we were capable of screening their product, so we were aware and strong enough to compete with our competitors. We achieved a bigger market share when we came to the conclusion to sell different kinds of products. Instead of one kind of raincoats we have four variants. Our customers can choose from different rain ponchos and feel free to compare them, when it comes to the quality and the prices. The production department worked together closely together with all the departments in the Rainy Business but especially with the marketing department. This made both departments became more effective and efficient to get to understand how the customers would like their rain ponchos. This information is important to keep updated of the wants of our targeted customers. The production department can respond to them with the rain poncho’s who are the closest to their desire to keep their satisfaction on a high level as we try to make profit in such a short term. This gives us space toShow MoreRelatedNeither Gaap Nor Ifrs Require Companies To Prepare Interim1617 Words   |  7 PagesNeither GAAP nor IFRS require companies to prepare interim financial statements. However, the Securities and Exchange Commission requires all publicly traded companies to file interim financial statements quarterly, in addition to their audited annual financial statements (Hoyle, J., Schaefer, T., D oupnik, T., 2015). The statements do not require an audit and can be presented in a condensed form. Both FASB and IFRS present direction in this matter via ASC 270 and IAS 34 respectively. AccordingRead MoreThe Term Assessment Of An English Class895 Words   |  4 Pagesin multiple ways. The results can be viewed as interim, summative or formative in nature. A balanced interim assessment scheme has three key constituents: 1. End-of-year summative assessments intended for accountability reasons; 2. A collection of mechanisms and resources that drive classroom-centered formative assessment procedures; 3. Interim assessments devised to help educators and students during the school year. The elements of the interim assessments are formed under the same practicesRead MoreGoodwill Impairment Essay1276 Words   |  6 PagesGoodwill Impairment Testing Should management have performed an interim goodwill impairment test as of September 30, 2010? Galaxy Sports Inc. (Galaxy) is a U.S. based manufacturer of sports equipment. It is an SEC registrant with one operating segment with three separate reporting units: fitness, golf and hockey. The fitness is the largest division of Galaxy with allocated goodwill of $200 million. The golf division reports $130 million of goodwill and the hockey has $30 million of goodwillRead MoreControl Accounts Act : Mini Trial Balances1645 Words   |  7 Pagesconstruction of the trial balance than having to balance off each individual personal account in the sales and purchases ledgers which is quite time saving. ANSWER 1 (B) A control account is so called because it controls a section of the ledger. For example, a sales ledger control account controls the sales ledger; a purchase ledger controls the purchase ledger. The closing balances on the sales ledger control accounts should be equivalent to the total of the closing balances on the individual debtorRead MoreA Report On Information About Operating Segments1091 Words   |  5 PagesChun Ma-ACCT501-Segment Reporting Segment Reporting-Overall Overview and background 280-10-05-02 This Subtopic provides guidance to public entities on how to report certain information about operating segments in complete sets of financial statements of the public entity and in condensed financial statements of interim periods issued to shareholders. (FASB, ASC 280-10-05-02) ASC topic 280 sets forth-financial reporting standards for segment reporting, the disclosure of information about differentRead MoreSustainable Supply Chain986 Words   |  4 PagesManufacturing Strategy | AbstractIn this interim report, motive for doing this topic has been discussed and further, the methodology which will be used to reach the conclusion is also been mentioned. Finally, expected takeaway are also been highlighted. Kuldeep Jain - 1401083 Term Paper – Interim Report | Role of reverse logistics and closed-loop supply chain in sustainability Implementation Manufacturing Strategy | AbstractIn this interim report, motive for doing this topic has been discussedRead MoreOrganizational Leadership Is Define As The Management Staff1563 Words   |  7 Pagesdean was straight forward and made clear the yearly goals in the beginning of each admissions cycle. He would then request the three levels of Admissions work together to implement a yearly strategic plan. This included reports on past yield and success rates, statistical reports on enrollment trends, and a recruitment strategy. The dean’s expectation was for the work to be divided evenly, and with his assistance, motivation and innovation, to put the plan into action. According to Rosenfeld’s, thisRead MoreLeasing And The International Accounting Standards Board1152 Words   |  5 PagesSome of the issued addressed in this letter are †¢ Recognition measurement and presentation of cash flow-Lessee statement of financial position and cash flow presentation. †¢ Lessee interim and annual disclosure- Whether the interim reporting standard should be amended to require lease disclosures in a lessee or lessor’s interim financial statement. †¢ Lessor receivable and residual- Lessor or lessee measurement of the underlying asset when a lease terminates early. This applies when lessee consumes moreRead MoreFinancial Analysis : Intel Corporation1059 Words   |  5 PagesCorporation. A talk about the money related strength of Intel has a definitive objective of making suggestions to different speculators. Level examination encourages the required information for ascertaining certain proportions. Also, this paper reports the negative and positive patterns found in Intel s budgetary history and additionally ascertains the present proportion, fast proportion and money to current liabilities proportion. (streetofwalls) Company overview- Intel Corporation, situated inRead MoreLeadership Characteristics Of A Good Leader859 Words   |  4 Pagesthe term â€Å"be the example.† It is my experience that if a leader leads by example, the people will become interested and attentive, and be called to share their gift with others. If they believe in the work and the leader, the organization will succeed in obtaining the goal. Therefore, if the people trust their leader, then all the other attributes will go unnoticed. Leaders are naturally scrutinized, and for good reason. I also believe many of these qualities overlap. For example, one who empowers

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.