Explain the difference in employee background

Assignment Help Accounting Basics
Reference no: EM132728903

Question: a) In Chapter 9 (Week 9 Tutorial) we discussed the integration of the Human Resource Management and Payroll databases. In particular, we discussed different benefits of this integration in the Week 9 Tutorials.

Some companies believe in the integration of HRM and Payroll systems. However, many firms do not agree with this integration. These companies maintain separate HRM information systems and Payroll.

Required: Discuss both arguments. For this discussion, think in terms of (1) difference in employee background, and (2) functions performed by the HRM and payroll departments.

b) Mr Peter is the treasurer of a small charity and you asked him to explain the business activities and data processing operations involved in the payroll cycle of the charity. During this discussion, Peter explained that the charity is not using a separate cheque account to manage their Payroll due to the extra monthly services fee. Peter further explained that the benefits of a separate cheque account are not worth the additional fee.

Required: As a student of accounting information systems, how would you respond to Peter?

Reference no: EM132728903

Questions Cloud

Shareholders value theory : Analyze concepts and scholarly perspectives related to your specific finance theory.
Searching for job in finance-accounting or business : Imagine you have completed your Finance degree and you are searching for a job in finance, accounting, or business.
Cultural assumptions and decision making : Did group members differentiate facts from opinions? How was this accomplished?
What is the annual sales amount : The Barge Manufacturing Company projected a year end Net income of $80,000. The net income represented 15% of the projected annual sales. what are Barge's.
Explain the difference in employee background : In Chapter 9 (Week 9 Tutorial) we discussed the integration of the Human Resource Management and Payroll databases. In particular, we discussed different.
Determine the balance of the allowance for doubtful debts : On 1st July 2020, Scholastic Ltd had Accounts Receivable of $37,500 and Allowance for Bad Debts of $1,800 Cr. During the month of July, Scholastic incurred the.
List the key factors that your audit firm should consider : List the key factors that your audit firm should consider before accepting to conduct this audit. Determine the inherent and control risks for OTG's accounting.
What is the total amount of stockholders equity : At the end of 2018, what is the total amount of stockholders' equity? You must show your calculations to receive full credit for this problem.
What can be significant influence on associate companies : What can be significant influence on associate companies and how would we identify them? The response must be typed, double spaced, times new roman.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd