Dokumen ini membahas metodelogi audit yang meliputi penilaian pengendalian resiko, merancang pengujian pengendalian, luas pengujian, dan pengujian substantif. Tujuan penilaian pengendalian resiko adalah untuk membantu auditor dalam mempertimbangkan resiko salah saji laporan keuangan, sedangkan pengujian substantif dirancang untuk mendeteksi kesalahan moneter atau salah saji laporan keuangan.
The document provides an overview of Oracle's Unified Method (OUM), which is Oracle's standards-based method for deploying Oracle-based business solutions across the entire IT lifecycle. OUM includes project phases, processes, and activities to manage projects in a flexible, scalable, and iterative manner. It balances agility and discipline and leverages industry standards like the Unified Process.
Overview of Dodd Frank Recovery and Resolution PlanningLewis Adams
This document provides an overview of Dodd-Frank recovery and resolution planning requirements. It discusses that Dodd-Frank requires systemically important financial institutions to create recovery plans to recover from distress and resolution plans for an orderly liquidation if needed. The document outlines key elements of recovery plans like quantitative triggers, stress scenarios, and governance. It also discusses the two approaches to resolution plans - single point of entry and multiple point of entry - and components of operational resolution plans.
The document describes a container tracking and advanced landed cost module for Sage 100 ERP. It allows users to track products shipped in containers, load information from multiple purchase orders and lines, enter shipment details, apply landed cost invoices before receipt of goods, and automatically generate receipts and invoices. Key features include tracking container status, receiving products at the container or in-transit warehouse level, and distributing landed costs.
Oracle Purchase to Pay Internal Audit Test of Controls Work ProgramLewis Adams
The document provides a work program for testing controls in the purchase to payment process in Oracle Applications. It outlines 13 steps to test controls related to application security, configuration, matching principles, accrual methods, receipt processing, reconciliation procedures and accounting for purchases. Each step lists key audit procedures to evaluate segregation of duties, approval hierarchies, tolerances, policies and procedures, and the monthly reconciliation between subledgers and the general ledger.
Dokumen ini membahas metodelogi audit yang meliputi penilaian pengendalian resiko, merancang pengujian pengendalian, luas pengujian, dan pengujian substantif. Tujuan penilaian pengendalian resiko adalah untuk membantu auditor dalam mempertimbangkan resiko salah saji laporan keuangan, sedangkan pengujian substantif dirancang untuk mendeteksi kesalahan moneter atau salah saji laporan keuangan.
The document provides an overview of Oracle's Unified Method (OUM), which is Oracle's standards-based method for deploying Oracle-based business solutions across the entire IT lifecycle. OUM includes project phases, processes, and activities to manage projects in a flexible, scalable, and iterative manner. It balances agility and discipline and leverages industry standards like the Unified Process.
Overview of Dodd Frank Recovery and Resolution PlanningLewis Adams
This document provides an overview of Dodd-Frank recovery and resolution planning requirements. It discusses that Dodd-Frank requires systemically important financial institutions to create recovery plans to recover from distress and resolution plans for an orderly liquidation if needed. The document outlines key elements of recovery plans like quantitative triggers, stress scenarios, and governance. It also discusses the two approaches to resolution plans - single point of entry and multiple point of entry - and components of operational resolution plans.
The document describes a container tracking and advanced landed cost module for Sage 100 ERP. It allows users to track products shipped in containers, load information from multiple purchase orders and lines, enter shipment details, apply landed cost invoices before receipt of goods, and automatically generate receipts and invoices. Key features include tracking container status, receiving products at the container or in-transit warehouse level, and distributing landed costs.
Oracle Purchase to Pay Internal Audit Test of Controls Work ProgramLewis Adams
The document provides a work program for testing controls in the purchase to payment process in Oracle Applications. It outlines 13 steps to test controls related to application security, configuration, matching principles, accrual methods, receipt processing, reconciliation procedures and accounting for purchases. Each step lists key audit procedures to evaluate segregation of duties, approval hierarchies, tolerances, policies and procedures, and the monthly reconciliation between subledgers and the general ledger.
The document discusses different costing methods including direct/marginal costing, absorption costing, and activity-based costing (ABC costing). It provides examples of cost sheets and calculations for determining profit and cost per unit under different costing methods. It also discusses a case study on a garment exporter and asks how they can lower costs to sell shirts at a desired price point through cost control and innovative measures.
The document discusses the importance of calculating landed cost for businesses sourcing products globally. Landed cost is the total cost of acquiring goods and includes not just the product cost but also associated shipping, customs, risk, and overhead costs. Calculating the true landed cost is important for accurate inventory valuation and making informed sourcing and profitability decisions. However, many businesses do not fully utilize landed cost analysis due to lack of necessary data, tools, time or understanding of how to apply the methodology. The document then describes how the accounting software ACCTivate! provides robust landed cost calculation capabilities to help small and mid-sized businesses overcome these challenges.
THE MAIN DIFFERENCE BETWEEN JOB COSTING AND PROCESS COSTING IS THAT IN JOB CO...Hardik Shah
THE MAIN DIFFERENCE BETWEEN JOB COSTING AND PROCESS COSTING IS THAT IN JOB COSTING AN AVERAGING PROCESS IS USED TO COMPUTE THE UNIT COSTS OF PRODUCTS OR SERVICES. - JUSTIFICATION
An expert summarizes a multi-question document on process costing as follows:
1. The document contains ten multiple choice questions regarding process costing systems, including weighted average process costing. It provides data on units, costs, and percentage of completion for various process departments.
2. It asks the reader to calculate equivalent units, costs per equivalent unit, total costs of units transferred out, and costs of ending work in process inventory based on the data given.
3. The last question asks the reader to identify that units completed in an Assembly department would become units started in a subsequent Finishing department under a weighted-average process costing system.
Auditing security of Oracle DB (Karel Miko)DCIT, a.s.
The document discusses auditing security of Oracle databases. It divides the audit into four technical phases:
1) Auditing the operating system level, including checking permissions on the Oracle home directory and verifying the OS account used for Oracle has appropriate privileges.
2) Auditing the Oracle RDBMS level, including validating the Oracle version and installed patches.
3) Auditing Oracle database instances, including verifying database options and privileges granted to users and roles.
4) Auditing related processes, such as the Oracle listener and associated configuration files.
Batch costing involves calculating the total cost of producing a batch of units, such as tablets, which includes the costs of raw materials, labor, direct expenses, and overheads. The economic batch quantity is the optimum batch size, as producing units in batches of this size will result in the minimum total cost of production. The formula for calculating the economic batch quantity takes into account the annual units demanded, setup cost per batch, and carrying cost per unit.
This document provides an overview of incomes chargeable to tax under the head "Income from other sources" in India. It discusses various types of incomes taxable under this residuary head, including dividends, lottery winnings, monetary gifts, non-monetary gifts, property received without/with inadequate consideration, rent, interest from securities, and amounts from life insurance policies. It also outlines expenses that are allowed and not allowed as deductions while computing income under this head, and provides a brief summary of a relevant case law on the tax treatment of loans given in the normal course of business.
Oracle e-business suite R12 step by step InstallationOraERP
http://www.oraerp.com - Installing e-Business Suite R12 on Linux, Step by Step Guide for Oracle E-Business Suite R12 installation. Redhat Linux Installation, Pre-requisite/Preparation for Oracle e-Business suite R12, Readiness with Oracle EBS R12 software from Media or e-Delivery
The document discusses job costing and batch costing. It defines job costing as a method where cost is compiled for specific jobs or work orders, rather than for stock. Cost is charged directly to jobs for materials, labor, and expenses. Overhead is apportioned to jobs based on department rates. Batch costing determines cost per unit by dividing total batch costs by the number of units in a batch. The document also discusses determining economic batch quantity to minimize setup and carrying costs, and provides examples of job and batch costing applications.
This document discusses different types of costing methods used in manufacturing including job costing, batch costing, contract costing, and process costing. Job costing is used to determine the costs of specific jobs or orders. Batch costing is a variant of job costing where similar products are manufactured in batches. Contract costing is a variant of job costing applied to construction projects. Process costing is used for mass production of standardized goods and tracks costs at each stage of production. The document outlines key features, advantages, and disadvantages of each costing method.
Encumbrance accounting in oracle ebs r12Sam Elrashedy
This document provides an overview of encumbrance accounting in Oracle EBS R12. It discusses the purpose and key concepts of encumbrance accounting. It also describes the setup required in Oracle General Ledger, Purchasing, and Payables modules. Finally, it outlines the encumbrance accounting process and year-end activities.
This document provides instructions for setting up Oracle Enterprise Asset Management (eAM) including defining organizations, enabling organizations for eAM, setting up eAM parameters, reviewing installed base parameters, defining areas, departments, resources, activity types, causes, priorities, and criticality codes. The setup covers core eAM definitions required to perform asset management tasks within Oracle eAM.
This document discusses setting up Oracle Enterprise Asset Management (eAM) in Oracle E-Business Suite R12.1. It covers required setup tasks like defining category codes, category sets, asset groups, activities, and associating activities with assets. The document provides step-by-step instructions for performing each setup task with screenshots. It explains how to create activity association templates to streamline activity and asset associations. The overall purpose is to educate users on how to configure eAM for use within their organization.
1. The document discusses process costing used by Volant Textile Mills Ltd, an Indian textile manufacturer. It describes the key processes in textile manufacturing - spinning, weaving, dyeing/printing, and finishing.
2. It provides process accounts for 3 manufacturing processes at Volant Textile Mills, showing costs allocated and units transferred between processes.
3. Volant Textile Mills was established in 1993 and manufactures cotton and bleached grey fabrics for export markets. It has expanded production capacity over time through additional machinery investments.
1) The document discusses tips for coping with intercompany invoicing in Oracle EBS, including reconciliation, scheduling concurrent programs daily, adding descriptions, monitoring for errors, and controlling the valuation cutoff date.
2) It recommends creating a Discoverer worksheet to reconcile intercompany payables and receivables invoices.
3) Scheduling the four required concurrent programs daily helps detect errors quicker than running them monthly.
The document discusses different costing methods including direct/marginal costing, absorption costing, and activity-based costing (ABC costing). It provides examples of cost sheets and calculations for determining profit and cost per unit under different costing methods. It also discusses a case study on a garment exporter and asks how they can lower costs to sell shirts at a desired price point through cost control and innovative measures.
The document discusses the importance of calculating landed cost for businesses sourcing products globally. Landed cost is the total cost of acquiring goods and includes not just the product cost but also associated shipping, customs, risk, and overhead costs. Calculating the true landed cost is important for accurate inventory valuation and making informed sourcing and profitability decisions. However, many businesses do not fully utilize landed cost analysis due to lack of necessary data, tools, time or understanding of how to apply the methodology. The document then describes how the accounting software ACCTivate! provides robust landed cost calculation capabilities to help small and mid-sized businesses overcome these challenges.
THE MAIN DIFFERENCE BETWEEN JOB COSTING AND PROCESS COSTING IS THAT IN JOB CO...Hardik Shah
THE MAIN DIFFERENCE BETWEEN JOB COSTING AND PROCESS COSTING IS THAT IN JOB COSTING AN AVERAGING PROCESS IS USED TO COMPUTE THE UNIT COSTS OF PRODUCTS OR SERVICES. - JUSTIFICATION
An expert summarizes a multi-question document on process costing as follows:
1. The document contains ten multiple choice questions regarding process costing systems, including weighted average process costing. It provides data on units, costs, and percentage of completion for various process departments.
2. It asks the reader to calculate equivalent units, costs per equivalent unit, total costs of units transferred out, and costs of ending work in process inventory based on the data given.
3. The last question asks the reader to identify that units completed in an Assembly department would become units started in a subsequent Finishing department under a weighted-average process costing system.
Auditing security of Oracle DB (Karel Miko)DCIT, a.s.
The document discusses auditing security of Oracle databases. It divides the audit into four technical phases:
1) Auditing the operating system level, including checking permissions on the Oracle home directory and verifying the OS account used for Oracle has appropriate privileges.
2) Auditing the Oracle RDBMS level, including validating the Oracle version and installed patches.
3) Auditing Oracle database instances, including verifying database options and privileges granted to users and roles.
4) Auditing related processes, such as the Oracle listener and associated configuration files.
Batch costing involves calculating the total cost of producing a batch of units, such as tablets, which includes the costs of raw materials, labor, direct expenses, and overheads. The economic batch quantity is the optimum batch size, as producing units in batches of this size will result in the minimum total cost of production. The formula for calculating the economic batch quantity takes into account the annual units demanded, setup cost per batch, and carrying cost per unit.
This document provides an overview of incomes chargeable to tax under the head "Income from other sources" in India. It discusses various types of incomes taxable under this residuary head, including dividends, lottery winnings, monetary gifts, non-monetary gifts, property received without/with inadequate consideration, rent, interest from securities, and amounts from life insurance policies. It also outlines expenses that are allowed and not allowed as deductions while computing income under this head, and provides a brief summary of a relevant case law on the tax treatment of loans given in the normal course of business.
Oracle e-business suite R12 step by step InstallationOraERP
http://www.oraerp.com - Installing e-Business Suite R12 on Linux, Step by Step Guide for Oracle E-Business Suite R12 installation. Redhat Linux Installation, Pre-requisite/Preparation for Oracle e-Business suite R12, Readiness with Oracle EBS R12 software from Media or e-Delivery
The document discusses job costing and batch costing. It defines job costing as a method where cost is compiled for specific jobs or work orders, rather than for stock. Cost is charged directly to jobs for materials, labor, and expenses. Overhead is apportioned to jobs based on department rates. Batch costing determines cost per unit by dividing total batch costs by the number of units in a batch. The document also discusses determining economic batch quantity to minimize setup and carrying costs, and provides examples of job and batch costing applications.
This document discusses different types of costing methods used in manufacturing including job costing, batch costing, contract costing, and process costing. Job costing is used to determine the costs of specific jobs or orders. Batch costing is a variant of job costing where similar products are manufactured in batches. Contract costing is a variant of job costing applied to construction projects. Process costing is used for mass production of standardized goods and tracks costs at each stage of production. The document outlines key features, advantages, and disadvantages of each costing method.
Encumbrance accounting in oracle ebs r12Sam Elrashedy
This document provides an overview of encumbrance accounting in Oracle EBS R12. It discusses the purpose and key concepts of encumbrance accounting. It also describes the setup required in Oracle General Ledger, Purchasing, and Payables modules. Finally, it outlines the encumbrance accounting process and year-end activities.
This document provides instructions for setting up Oracle Enterprise Asset Management (eAM) including defining organizations, enabling organizations for eAM, setting up eAM parameters, reviewing installed base parameters, defining areas, departments, resources, activity types, causes, priorities, and criticality codes. The setup covers core eAM definitions required to perform asset management tasks within Oracle eAM.
This document discusses setting up Oracle Enterprise Asset Management (eAM) in Oracle E-Business Suite R12.1. It covers required setup tasks like defining category codes, category sets, asset groups, activities, and associating activities with assets. The document provides step-by-step instructions for performing each setup task with screenshots. It explains how to create activity association templates to streamline activity and asset associations. The overall purpose is to educate users on how to configure eAM for use within their organization.
1. The document discusses process costing used by Volant Textile Mills Ltd, an Indian textile manufacturer. It describes the key processes in textile manufacturing - spinning, weaving, dyeing/printing, and finishing.
2. It provides process accounts for 3 manufacturing processes at Volant Textile Mills, showing costs allocated and units transferred between processes.
3. Volant Textile Mills was established in 1993 and manufactures cotton and bleached grey fabrics for export markets. It has expanded production capacity over time through additional machinery investments.
1) The document discusses tips for coping with intercompany invoicing in Oracle EBS, including reconciliation, scheduling concurrent programs daily, adding descriptions, monitoring for errors, and controlling the valuation cutoff date.
2) It recommends creating a Discoverer worksheet to reconcile intercompany payables and receivables invoices.
3) Scheduling the four required concurrent programs daily helps detect errors quicker than running them monthly.