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Week 6 learning activities due thursday
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Rasmussen Bank Regulation Heightened Regulatory ENVT and Corporate Governance PPT
CompetencyAppraise the relationship between a heightened regulatory environment and corporate governance.InstructionsABC B ...
Rasmussen Bank Regulation Heightened Regulatory ENVT and Corporate Governance PPT
CompetencyAppraise the relationship between a heightened regulatory environment and corporate governance.InstructionsABC Bank officials view compliance with regulations as a necessity for the very survival of their business. The leadership team at ABC also understands the impact that banks have on the aggregate economy, particularly the ramifications of mismanaged risks within banks. ABC's leadership team believes that a holistic understanding of the intricacies of risk management within banks as well as the impact of risk on the economy is necessary to drive the desired behavior. As a result, you have been hired to facilitate a presentation for ABC's new hires. Your presentation should be composed in PowerPoint or Prezi and must be submitted to ABC's HR department for approval by the end of the week. Along with the slides, you must also submit notes on what you will say during the presentation. You should use the Note feature at the bottom of the PowerPoint slide to submit the notes.Your presentation and notes should include the following:Identify three ways that banks impact the economy. Include clear examples and well-defined reasons.Identify two regulations and describe their origin and role in managing risks within banks.What risk management standards did the banks employ as a result of the regulations?What are the consequences of failing to meet the standards outlined by the regulators?Would a firm be prudent to properly manage its leverage and liquidity levels if they are not regulated? Why or why not? What tools can organizations employ to manage the risks caused by inadequate levels?For help creating a PowerPoint presentation, please use the guide here.Grading RubricFFCBA01234Not SubmittedNo PassCompetenceProficiencyMasteryNot SubmittedLess than three ways that banks impact the economy are described OR three ways banks impact the economy are provided but without clear examples or explanations.Three ways that banks can impact the economy are described, and all include relevant examples and well-defined reasons.Three ways that banks can impact the economy are described, and all include relevant examples, and a thorough explanation of the economic impact.More than three ways that banks can impact the economy are included, and all with relevant examples that assess more than deposits and loans; thorough explanation of the economic impact.Not SubmittedLess than two applicable regulations (laws or acts) are identified, OR they are identified, but the origin and role in managing banks are not included or is incorrect for at least one.Two applicable regulations (laws or acts) are identified, and the origin and role in managing risks within banks are correctly described for each.Two applicable regulations (laws or acts) are identified, and the origin and role in managing risks within banks are explained correctly.More than two applicable regulations (laws or acts) are identified, and the origin and role in managing risks within banks are thoroughly explained.Not SubmittedAt least one risk management standard that resulted from the regulations mentioned is incorrect or not listed.For each regulation mentioned, appropriate risk management standards that were a result are listed.For each regulation mentioned, appropriate risk management standards that were a result are listed and described.For each regulation mentioned, appropriate risk management standards that were a result are listed and thoroughly explained.Not SubmittedConsequences of failure to meet regulatory standards are not included OR are incorrect.Consequences of failure to meet the regulatory standards are listed for each regulation mentioned.Consequences of failure to meet the regulatory standards are described.Consequences of failure to meet the regulatory standards are thoroughly explained and include relevant examples.Not SubmittedNo or inadequate answer to the question of why (or why not) a firm would be prudent to properly manage its leverage and liquidity levels if they are not regulated.Answers the question of why (or why not) a firm would be prudent to properly manage its leverage and liquidity levels if they are not regulated.Answers the question of why (or why not) a firm would be prudent to properly manage its leverage and liquidity levels if they are not regulated. Answer includes explanations with relevant examples.Answers the question of why (or why not) a firm would be prudent to properly manage its leverage and liquidity levels if they are not regulated. Answer includes thorough explanations, rationale, and relevant examples.Not SubmittedNo tools for managing the risks associated with leverage and liquidity are included OR the tools included do not apply.Some appropriate tools for managing the risks associated with leverage and liquidity are listed.Appropriate tools for managing each risk associated with leverage and liquidity are explained.Appropriate tools and their benefits for managing each risk associated with leverage and liquidity are thoroughly explained.
Long Island Business Institute Blockchain Technology Discussion
Industry experts believe blockchain is a technology that has the potential to affect the business of most IT professionals ...
Long Island Business Institute Blockchain Technology Discussion
Industry experts believe blockchain is a technology that has the potential to affect the business of most IT professionals in the next five years. Pick an industry you feel will be most affected by blockchain and how blockchain may be used in that industry. As an IT manager, how would you embrace blockchain? For instance, how would training occur for your team, what strategies might you use, what security methods may you recommend be used?Your paper should meet the following requirements:Be approximately 2-3 pages in length, not including the required cover page and reference page.Follow APA7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion.Support your answers with the readings from the course and at least two scholarly journal articles to support your positions, claims, and observations, in addition to your textbook. Be clearly and well-written, concise, and logical, using excellent grammar and style techniques. You are being graded in part on the quality of your writing.Subject: Infotech Important in Strategic PlanBook: Attached PDF
Canadian Payroll Association Statement of Requirements Worksheet
Wendy worked as a payroll administrator in an international company with 120,000 employees that had an HRIS. She was one o ...
Canadian Payroll Association Statement of Requirements Worksheet
Wendy worked as a payroll administrator in an international company with 120,000 employees that had an HRIS. She was one of many payroll administrators and she wanted to have more responsibility and be involved in all aspects of the payroll function. Wendy took a job as Payroll Manager of Copy World, a company with 2,000 employees. Copy World outsourced much of the payroll function, but Wendy and two payroll administrators were responsible for tracking the time worked, calculating employee deductions, determining basic and overtime pay and recording the reasons why an employee was absent. The three of them were also responsible for the human resources functions such as administrating benefits and pensions. While Wendy was thrilled to be responsible for the entire payroll function, she was frustrated by the limitations of the payroll system at Copy World. During her first few weeks on the job, she conducted a detailed review of the payroll system and noted areas that could be more efficient: 1. Information could only be entered in the system every second Thursday, so new hires sometimes had to wait three weeks for their first pay. 2. The pay for hourly workers was sometimes inaccurate because one of the supervisors often delivered time sheets late. 3. Wendy felt too much of her time was spent filling out reports for management. She was told she would have to find ways to be more efficient because there were no funds for additional staff. 4. In her old company, managers would receive weekly reports that compared labour costs, production costs and sales. Copy World had never had a report that determined the sales per employee and did not have any mechanism to collect that information. 5. Supervisors deliver the pay cheques every second Friday. Over 400 employees do not work on Friday or work only at night. They have to come into the stores on payday to collect their cheques. 6. The computers used to calculate basic pay, overtime and benefits are six years old and crash if two files are opened at the same time During a power surge, the hard drive on one of the payroll computers was corrupted and all the payroll information for the previous week was lost. The President of the company realized that the company could no longer ignore the needs of the payroll department and asked Wendy to prepare a business case for the upgrade of the payroll system. Wendy was excited at the prospect of a new payroll system, but knew from experience that her case had to be convincing and must be cost effective. She set out to develop a Statement of Requirements. Based on Wendy’s payroll review, what should Wendy include and exclude from her Statement of Requirements and why? Issue Include Reason 1. Information could only be entered in the system every second Thursday, so new hires sometimes had to wait three weeks for their first pay. Yes Information only being able to be entered in the old system every second Thursday is inefficientEmployees are not being paid on timeBased on payroll threshold funds are remitted late to legislative bodies Timesheets being delivered is not the fault of the payroll systemThis can be resolved through the setting of expectations and working with the supervisor to ensure deadlines are metPayroll can send reminder to the supervisor few days before the actual payroll cut off A new payroll system could help with creation of reports for managementWorking with various stakeholders to determine which reports are required and which ones are not being used to eliminate the processing of unnecessary reportsWendy can have meeting with all stakeholders and understand the needs of each group and provide them one report which can be filtered by each department and this will save Wendy timeOnce reporting structure is finalized Wendy can propose to have monthly or quarterly reports to be provided.Assuming that Copy World would like to have a report that determines the sales per employee the new system can collect that informationOnce Wendy understands what management does with the reports, she can make changes to the current reporting structure and propose to provide new reports which management might like, that way it will eliminate the task of providing multiple reports Employees are not receiving their pay in a timely mannerA new payroll system could be set up for employees to receive their payments through direct depositElimination of the manual process of stuffing envelopes and distributing cheques to employeesGreater security – employees will only access their information through the online portal.Their cheque could get misplaced resulting in a delay in their pay as well as their confidential information being at risk With new payroll system upgrade direct deposit should be mandatory for all employees Legislation is continuously changing; a payroll system needs to stay currentA misuse of time if the system crashes oftenAny system that is implemented will likely require more up to date equipment to handle all of the features Regardless of whether a new payroll gets implemented, Wendy should be pushing for more reliable equipment to be more efficient and more secure with the information that is entered.Wendy should try to get quote and see if there is any possibility of upgrading the current payroll system and also do analysis of how much would it cost to outsource payroll then having new payroll system implemented. 2. The pay for hourly workers was sometimes inaccurate because one of the supervisors often delivered time sheets late. No 3. Wendy felt too much of her time was spent filling out reports for management. She was told she would have to find ways to be more efficient because there were no funds for additional staff. Yes 4. In her old company, managers would receive weekly reports that compared labour costs, production costs and sales. Copy World had never had a report that determined the sales per employee and did not have any mechanism to collect that information. Yes 5. Supervisors deliver the pay cheques every second Friday. Over 400 employees do not work on Friday or work only at night. They have to come into the stores on payday to collect their cheques. Yes 6. The computers used to calculate basic pay, overtime and benefits are six years old and crash if two files are opened at the same time. Yes / No/Yes
11 pages
Accounting Fraud At Worldcom
1. What are the pressures that lead executives and managers to "cook the books?" In 1990, the revenue growth was declining ...
Accounting Fraud At Worldcom
1. What are the pressures that lead executives and managers to "cook the books?" In 1990, the revenue growth was declining the share price at Wall ...
3 pages
Organizational Life Cycle
There are different models involved in the organizational life cycle through which they have been proposed in the fiction. ...
Organizational Life Cycle
There are different models involved in the organizational life cycle through which they have been proposed in the fiction. In these cycles, different ...
Anti Discrimination & EEOC - discussion question response
Researching www.eeoc.gov, what are the major anti-discrimination laws enforced in the U.S.? What are biggest l ...
Anti Discrimination & EEOC - discussion question response
Researching www.eeoc.gov, what are the major anti-discrimination laws enforced in the U.S.? What are biggest legal and ethical related to employment law issues in general? What is the biggest legal and ethical issue in healthcare employment, specifically?
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Rasmussen Bank Regulation Heightened Regulatory ENVT and Corporate Governance PPT
CompetencyAppraise the relationship between a heightened regulatory environment and corporate governance.InstructionsABC B ...
Rasmussen Bank Regulation Heightened Regulatory ENVT and Corporate Governance PPT
CompetencyAppraise the relationship between a heightened regulatory environment and corporate governance.InstructionsABC Bank officials view compliance with regulations as a necessity for the very survival of their business. The leadership team at ABC also understands the impact that banks have on the aggregate economy, particularly the ramifications of mismanaged risks within banks. ABC's leadership team believes that a holistic understanding of the intricacies of risk management within banks as well as the impact of risk on the economy is necessary to drive the desired behavior. As a result, you have been hired to facilitate a presentation for ABC's new hires. Your presentation should be composed in PowerPoint or Prezi and must be submitted to ABC's HR department for approval by the end of the week. Along with the slides, you must also submit notes on what you will say during the presentation. You should use the Note feature at the bottom of the PowerPoint slide to submit the notes.Your presentation and notes should include the following:Identify three ways that banks impact the economy. Include clear examples and well-defined reasons.Identify two regulations and describe their origin and role in managing risks within banks.What risk management standards did the banks employ as a result of the regulations?What are the consequences of failing to meet the standards outlined by the regulators?Would a firm be prudent to properly manage its leverage and liquidity levels if they are not regulated? Why or why not? What tools can organizations employ to manage the risks caused by inadequate levels?For help creating a PowerPoint presentation, please use the guide here.Grading RubricFFCBA01234Not SubmittedNo PassCompetenceProficiencyMasteryNot SubmittedLess than three ways that banks impact the economy are described OR three ways banks impact the economy are provided but without clear examples or explanations.Three ways that banks can impact the economy are described, and all include relevant examples and well-defined reasons.Three ways that banks can impact the economy are described, and all include relevant examples, and a thorough explanation of the economic impact.More than three ways that banks can impact the economy are included, and all with relevant examples that assess more than deposits and loans; thorough explanation of the economic impact.Not SubmittedLess than two applicable regulations (laws or acts) are identified, OR they are identified, but the origin and role in managing banks are not included or is incorrect for at least one.Two applicable regulations (laws or acts) are identified, and the origin and role in managing risks within banks are correctly described for each.Two applicable regulations (laws or acts) are identified, and the origin and role in managing risks within banks are explained correctly.More than two applicable regulations (laws or acts) are identified, and the origin and role in managing risks within banks are thoroughly explained.Not SubmittedAt least one risk management standard that resulted from the regulations mentioned is incorrect or not listed.For each regulation mentioned, appropriate risk management standards that were a result are listed.For each regulation mentioned, appropriate risk management standards that were a result are listed and described.For each regulation mentioned, appropriate risk management standards that were a result are listed and thoroughly explained.Not SubmittedConsequences of failure to meet regulatory standards are not included OR are incorrect.Consequences of failure to meet the regulatory standards are listed for each regulation mentioned.Consequences of failure to meet the regulatory standards are described.Consequences of failure to meet the regulatory standards are thoroughly explained and include relevant examples.Not SubmittedNo or inadequate answer to the question of why (or why not) a firm would be prudent to properly manage its leverage and liquidity levels if they are not regulated.Answers the question of why (or why not) a firm would be prudent to properly manage its leverage and liquidity levels if they are not regulated.Answers the question of why (or why not) a firm would be prudent to properly manage its leverage and liquidity levels if they are not regulated. Answer includes explanations with relevant examples.Answers the question of why (or why not) a firm would be prudent to properly manage its leverage and liquidity levels if they are not regulated. Answer includes thorough explanations, rationale, and relevant examples.Not SubmittedNo tools for managing the risks associated with leverage and liquidity are included OR the tools included do not apply.Some appropriate tools for managing the risks associated with leverage and liquidity are listed.Appropriate tools for managing each risk associated with leverage and liquidity are explained.Appropriate tools and their benefits for managing each risk associated with leverage and liquidity are thoroughly explained.
Long Island Business Institute Blockchain Technology Discussion
Industry experts believe blockchain is a technology that has the potential to affect the business of most IT professionals ...
Long Island Business Institute Blockchain Technology Discussion
Industry experts believe blockchain is a technology that has the potential to affect the business of most IT professionals in the next five years. Pick an industry you feel will be most affected by blockchain and how blockchain may be used in that industry. As an IT manager, how would you embrace blockchain? For instance, how would training occur for your team, what strategies might you use, what security methods may you recommend be used?Your paper should meet the following requirements:Be approximately 2-3 pages in length, not including the required cover page and reference page.Follow APA7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion.Support your answers with the readings from the course and at least two scholarly journal articles to support your positions, claims, and observations, in addition to your textbook. Be clearly and well-written, concise, and logical, using excellent grammar and style techniques. You are being graded in part on the quality of your writing.Subject: Infotech Important in Strategic PlanBook: Attached PDF
Canadian Payroll Association Statement of Requirements Worksheet
Wendy worked as a payroll administrator in an international company with 120,000 employees that had an HRIS. She was one o ...
Canadian Payroll Association Statement of Requirements Worksheet
Wendy worked as a payroll administrator in an international company with 120,000 employees that had an HRIS. She was one of many payroll administrators and she wanted to have more responsibility and be involved in all aspects of the payroll function. Wendy took a job as Payroll Manager of Copy World, a company with 2,000 employees. Copy World outsourced much of the payroll function, but Wendy and two payroll administrators were responsible for tracking the time worked, calculating employee deductions, determining basic and overtime pay and recording the reasons why an employee was absent. The three of them were also responsible for the human resources functions such as administrating benefits and pensions. While Wendy was thrilled to be responsible for the entire payroll function, she was frustrated by the limitations of the payroll system at Copy World. During her first few weeks on the job, she conducted a detailed review of the payroll system and noted areas that could be more efficient: 1. Information could only be entered in the system every second Thursday, so new hires sometimes had to wait three weeks for their first pay. 2. The pay for hourly workers was sometimes inaccurate because one of the supervisors often delivered time sheets late. 3. Wendy felt too much of her time was spent filling out reports for management. She was told she would have to find ways to be more efficient because there were no funds for additional staff. 4. In her old company, managers would receive weekly reports that compared labour costs, production costs and sales. Copy World had never had a report that determined the sales per employee and did not have any mechanism to collect that information. 5. Supervisors deliver the pay cheques every second Friday. Over 400 employees do not work on Friday or work only at night. They have to come into the stores on payday to collect their cheques. 6. The computers used to calculate basic pay, overtime and benefits are six years old and crash if two files are opened at the same time During a power surge, the hard drive on one of the payroll computers was corrupted and all the payroll information for the previous week was lost. The President of the company realized that the company could no longer ignore the needs of the payroll department and asked Wendy to prepare a business case for the upgrade of the payroll system. Wendy was excited at the prospect of a new payroll system, but knew from experience that her case had to be convincing and must be cost effective. She set out to develop a Statement of Requirements. Based on Wendy’s payroll review, what should Wendy include and exclude from her Statement of Requirements and why? Issue Include Reason 1. Information could only be entered in the system every second Thursday, so new hires sometimes had to wait three weeks for their first pay. Yes Information only being able to be entered in the old system every second Thursday is inefficientEmployees are not being paid on timeBased on payroll threshold funds are remitted late to legislative bodies Timesheets being delivered is not the fault of the payroll systemThis can be resolved through the setting of expectations and working with the supervisor to ensure deadlines are metPayroll can send reminder to the supervisor few days before the actual payroll cut off A new payroll system could help with creation of reports for managementWorking with various stakeholders to determine which reports are required and which ones are not being used to eliminate the processing of unnecessary reportsWendy can have meeting with all stakeholders and understand the needs of each group and provide them one report which can be filtered by each department and this will save Wendy timeOnce reporting structure is finalized Wendy can propose to have monthly or quarterly reports to be provided.Assuming that Copy World would like to have a report that determines the sales per employee the new system can collect that informationOnce Wendy understands what management does with the reports, she can make changes to the current reporting structure and propose to provide new reports which management might like, that way it will eliminate the task of providing multiple reports Employees are not receiving their pay in a timely mannerA new payroll system could be set up for employees to receive their payments through direct depositElimination of the manual process of stuffing envelopes and distributing cheques to employeesGreater security – employees will only access their information through the online portal.Their cheque could get misplaced resulting in a delay in their pay as well as their confidential information being at risk With new payroll system upgrade direct deposit should be mandatory for all employees Legislation is continuously changing; a payroll system needs to stay currentA misuse of time if the system crashes oftenAny system that is implemented will likely require more up to date equipment to handle all of the features Regardless of whether a new payroll gets implemented, Wendy should be pushing for more reliable equipment to be more efficient and more secure with the information that is entered.Wendy should try to get quote and see if there is any possibility of upgrading the current payroll system and also do analysis of how much would it cost to outsource payroll then having new payroll system implemented. 2. The pay for hourly workers was sometimes inaccurate because one of the supervisors often delivered time sheets late. No 3. Wendy felt too much of her time was spent filling out reports for management. She was told she would have to find ways to be more efficient because there were no funds for additional staff. Yes 4. In her old company, managers would receive weekly reports that compared labour costs, production costs and sales. Copy World had never had a report that determined the sales per employee and did not have any mechanism to collect that information. Yes 5. Supervisors deliver the pay cheques every second Friday. Over 400 employees do not work on Friday or work only at night. They have to come into the stores on payday to collect their cheques. Yes 6. The computers used to calculate basic pay, overtime and benefits are six years old and crash if two files are opened at the same time. Yes / No/Yes
11 pages
Accounting Fraud At Worldcom
1. What are the pressures that lead executives and managers to "cook the books?" In 1990, the revenue growth was declining ...
Accounting Fraud At Worldcom
1. What are the pressures that lead executives and managers to "cook the books?" In 1990, the revenue growth was declining the share price at Wall ...
3 pages
Organizational Life Cycle
There are different models involved in the organizational life cycle through which they have been proposed in the fiction. ...
Organizational Life Cycle
There are different models involved in the organizational life cycle through which they have been proposed in the fiction. In these cycles, different ...
Anti Discrimination & EEOC - discussion question response
Researching www.eeoc.gov, what are the major anti-discrimination laws enforced in the U.S.? What are biggest l ...
Anti Discrimination & EEOC - discussion question response
Researching www.eeoc.gov, what are the major anti-discrimination laws enforced in the U.S.? What are biggest legal and ethical related to employment law issues in general? What is the biggest legal and ethical issue in healthcare employment, specifically?
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