Improving Performance Efficiency Among SMEs Via Accrual Accounting Essay

Improving Performance Efficiency Among SMEs Via Accrual Accounting Systems - Essay Example In direct relation to the aforementioned, accounting and organisational management scholars have determined that the right accounting software package can substantially contribute to organisational performance and the maximisation of efficiency and effectiveness (Hirst and Hopkins, 1998). In explaining the importance of selecting accounting software, Johnston (2003) highlights the concept of budgeting versus accounting. Line-based cash accounting software packages are only capable of measuring a firm's financial performance and position. Accrual based accounting packages, on the other hand, fulfil that function in addition to the more important budgetary one. Through the former, SME's may determine, not just their financial position, but are given access to invaluable data on the optimal division and distribution of organisational resources. Although, in this highly developed economy, there is hardly an SME which does not manage its accounts through the use of accounting software, few understand the imperatives of adopting an accrual-based accounting package as would aid in the adoption of a budgetary process which, in itself, will substantially contribute to efficient organisational performance and realisation of strategic objectives. Currently, there is an influx of accounting software pa... Currently, there is an influx of accounting software packages tailored to the needs of various customers. The greater majority of these accounting packages, as mentioned by Bresnahan et al. (1998), are based upon the traditional cash-based, line-accounting system due to the overriding perception that this particular accounting system is the easiest to use, on the one hand, and the most popular among SMEs, on the other. However, the market also provides a choice of accrual based accounting software packages, primarily used by the larger organisations (Bresnahan et al., 1998). These packages execute both accounting and budgetary functions. However, SMEs are often reluctant to adopt them, assuming that they are problematic to implement and difficult to use, on the one hand and that the size of their business concerns and activities does not necessitate the adopting of a budgetary process. Within the context of the above stated, the problem to be investigated is the exigencies of adopting an accrual-based accounting software package. In investigating this problem, the report will outline the strategic business value of doing so and outline a strategy for implementation. From a personal perspective, the transition to an accrual based accounting package will invaluably enhance an SME's capacity for growth and development insofar as it will provide it with the tools needed for the more strategic distribution and utilisation of organisational resources. Research Question (59 words) How can the adoption of an accrual accounting system positively contribute to an SME's operational efficiency and effectiveness Implicit in this question is the need to provide an answer which will measure the costs and benefits of adopting accrual based accounting packages, on the one hand,

The Cultural Web Essay Example for Free

The Cultural Web Essay We have decided to use the cultural web in order to look at the organizational culture as it is now and secondly look at how we want the culture to be in the future. Thirdly we will evaluate and identify the differences between the two; these differences are the changes we need to make in order to achieve the high-performance culture that we want to obtain. The cultural web identifies six interrelated elements that paints the bigger picture of the company of analysis. The six elements are the following: 1. Stories After having conducted qualitative interviews with both customers and employees at A.G. Barr there are a few points to be made regarding the reputation and beliefs of the company. 1.1 â€Å"We like things the way they are† First of all each and every of the interviewed employees agreed that they were part of a family-styled organization, however only few customers were aware they were buying products from a family-owned company. Secondly, when the employees were asked about their desires for the future of the company, 90% of the employees stated that they are happy with the way things currently are and do not show great support towards potential changes at the firm; customers on the other hand mainly stated that companies should always invest in differentiation in such a competitive environment. 2. Rituals and Routines The rituals and routines at A.G. Barr are regular as employees are working on normal time-schedules. The only extra activity they have organized is an annual picnic with the whole firm. 3. Symbols The visual representation of the company is also not as different from most companies as they operate in a normal-sized, clean office space. People can dress up according to their status; workers in their workers’ outfit and managers in suit and tie. 4. Organizational Structure The structure at A.G. Barr is an informal and at the same time hierarchical  structure; especially the hierarchical difference between the workers and managers is massive as the managers have full authority. 5. Control Systems The organization is mainly controlled by the managing board that control all the input and output of the firm in terms of financial systems. We have made quite some changes to this control system in our recommendations as it suggests implementing a reward system to motivate the departments and create a healthy competition within the firm. 6. Power Structures The powers structure is especially hierarchical as the people who have influence on the decisions are all part of the management board. Decisions are made regardless of what the employees are saying, but the employees seem to be fine with that as the survey shows that they are happy with the way things are.

How Self-Motivation can Create a Positive Impact on Your Life?

How Self-Motivation can Create a Positive Impact on Your Life? Introduction Self-motivation is a process wherein a person develop ways on how to keep his or her self motivated at all times despite challenging times and without direct help from other people. Experts say that self-motivation is a very important factor in a persons life because this will help him or her see things in a positive way. This will also enable him or her to overcome challenges by developing an attitude that could withstand trials and failures.If one is able to develop a good outlook in life, everything will start falling into their proper places. In fact, he or she might even be surprised of the things that were able to accomplished in that span of time. THE ABCs OF SELF MOTIVATION If you are one of those who have just realized the importance of self-motivation and would want to start it but you just dont know how, here are some of the things that can help you: Re-assess yourself. Many people think that they know themselves already that is why they decline to do self-assessment regularly. Experts say that these people dont realize that the more that they decline doing self-reassessment, the more that they get stuck to their own routine which leaves them lesser room for improvement. If you want to start with constant self-motivation, it is best that you know yourself very well. If you know yourself well, you will know your weaknesses as well as your strengths. Once you were able to identify all of these, it will be easier for you to set goals for yourself that are within your reach and your capabilities. Knowing ones self will also enable you to take note of your weaknesses and find ways on how to overcome, manage, and deal with them. The same works for your strengths because you might even find a way on how to improve them. Start with small and simple goals. Dont put too much pressure on yourself. If you are just starting with self-motivation, it will be best if you start small and simple so you wont feel defeat when you werent able to meet the standards you have set for yourself. If you start with small and simple things, you are giving yourself the chance to accomplish bigger things ahead. Keep track of your progress. Monitoring how well or bad you are doing will help you maneuver things that find ways that would best work for you. For a person who is just starting with his or her self-motivation process, it is best to keep track of how you are doing so you will know where are the areas that you should improve on and what are the things that you should continue doing. Find time to share and help others. Self-motivation is a process that indirectly involves other people for it to be successful. If you think you are doing well at your own pace, it would help if you find time to share the experience as well as the ideas to others so you will influence them. If the people-especially those that matter to you-see that you are doing good and self-motivation is creating a big impact in your life, they would even might want to try the same thing that you are doing.

His Odyssey to Chat :: Argumentative Persuasive Communication Essays

His Odyssey to Chat From the readings in Constructive Identity in the Computer Age, there are many authors with different views and claims about the Internet, such as Sherry Turkle who wrote an article called "Identity in the Age of the Internet: Living in the Mud," about how we should have hidden identities online to hide behind. Even Dale Spender had a few great points in her essay "Gender Bending," about gender-neutral names enabling us to speak freely on the net so that we are not judged for being a man or a woman. The author that struck me most was Jesse Kornbluth. He is the author of the essay, "(you make me feel like) A Virtual Woman." Kornbluth claims that he cannot have a meaningful conversation online because people are playing word games of either sexual content, or defending themselves against that sort of communication. And how people speak like they are online addicts. "(you make me feel like) A Virtual Woman," expresses Kornbluth's thoughts about communication. In the beginning of his essay, Kornbluth apologizes to any women readers who may have been offended by his portrayal of a woman character on the Net. Then he goes on telling his readers why he faked as a woman on the Net. Kornbluth's main goal was to experiment with genders online. In the beginning of his venture through cyber communication, he is first approached by "online addicts." These are people on the Net who like to express themselves using expressions such as LOL (laugh out loud) and {{{{LOLA}}}} to signify a warm greeting. These type of conversations only bored Kornbluth. So, he moved on to the next chat room, the member rooms. Yet, the people in this room only had one idea on their mind, "The women, in the main, come to talk; the men, in the main, talk to come." (Kornbluth 77). Next he tried the male rooms, although, Kornbluth knew that the male rooms were usually only for gay me n. Kornbluth feels that if he were to actually stay and converse in the men's chat he wouldn't have the chance to talk to men like himself, "quick thinking, sharp tongued, straight men." His last chance was the "women 4 women" chat room. He figured that he couldn't just enter as a man because he would be kicked out and be forced to hang out in one of the main chats.

John F Kennedy’s Rice Stadium Moon Speech Analysis Essay

Since the industrial revolution, countries have been competing against each other to see who is the most advanced in medicine, technology, and education.In 1957, Russia successfully launched the first artificial satellite, this had started the space age and the United States of America and the U.S.S.R. space race. President John F Kennedy delivered the Rice stadium moon speech in hopes of persuading the American people to support NASA’s intention to send a space craft to the moon. Kennedy attempts to do this by the use of syntax and ethos. Kennedy begins by trying to establish credibility with his student audience by the use of ethos. Kennedy is made an â€Å"honorary visiting professor† and states that his â€Å"first lecture will be very brief†. By putting himself into the position of a professor, he tries to convey to his student audience that he will teach them something important and to open their minds to him. He then lists how humans have advanced learning to â€Å"use skins of animals to cover them† to developing â€Å"penicillin†¦television and nuclear power†. By listing these advancements in mankind, Kennedy shows the audience his knowledge and gives them another reason to trust what he is saying. In gaining the audiences trust, Kennedy can easily persuade them to support NASA’s intentions of sending an aircraft to the moon. The word choice and sentence structure Kennedy uses to deliver his speech helps to persuade American citizens to support NASA’s intentions. Kennedy uses phrases such as â€Å"10,000 automobiles†¦as tall as a 48 story structure†¦ [and] as wide as a city block†. He uses lament terms to appeal to the commons man’s ballpark figure of everyday lengths and power. With better understanding of what Kennedy is saying, his student audience can support NASA with their acquired knowledge. He then states how his surroundings are â€Å"noted for† knowledge, progress, and strength. By his word choice he helps to instill a sense of pride for the homeland. This promotes nationalism among the audience and their desire for their country to be helpful.

The Forgotten West

The Forgotten West ! ! ! ! ! ! ! ! !Take-Home Midterm Essay! ! ! !Courtney Maness! ! ! !History 365Professor BrunoFebruary 20, 2014The American West has long held the imaginations and fascinations of Americans. Asksomeone what they think when they hear the term "the West", and they would likely saycowboys and Indians, ranches, the open prairie, and covered wagons. Sure these things are partof Western history and culture, but have you ever thought about it on a deeper level? Who werethe first groups of people to live in what is now America? Were Americans in the right to justmove west of the Mississippi River without any thought as to the fact that there might already bepeople settled on the land? Is the way we remember events in the history of the west correct, ordo we have a flawed or even biased view of what really happened? We never give much thoughtto these questions, we simply take the common view of events such as the battle at the Alamo,and the Indian wars, and accept that as being the final say in what happened. It is my intention topeel back the layers of three major pieces of the history of the American West, Cahokia, nowforgotten but at one time the largest city in ancient North America, and its fall from greatness;the battle at the Alamo and why it is so romanticized; and the Dakota Wars, in which Dakotatribes challenged Americans' idea of manifest destiny. How are some of these events nevermentioned in modern history lessons, while some have become larger than life?Beginning with some of the earliest days of civilization within the Mississippi Riverregion, we first arrive upon the...Monk's Mound a Pre-Columbian Mississippian culture...