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Back Office Operations and Financial Management in a Business Context, Monografías, Ensayos de Inglés Técnico

Insights into various departments in a back office setting, including accounting, controllers, cash and liquidity, intangible assets, and presents examples of communicating financial information through letters, emails, and memos. Topics covered include training new hires, maintaining accurate records, investing excess cash, and implementing internal control measures.

Tipo: Monografías, Ensayos

2021/2022

Subido el 25/05/2022

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1. THE BACK OFFICE
Writing 9 - Use the conversation from Task 8 to complete the welcome letter.
NEW HIRES ARE TRAINED IN EACH
DEPARTMENT FOR A PERIOD
THE OFFICE IS DIVIDED INTO DIFFERENT
ACCOUNTING DEPARTMENTS FOR PAYROLL,
CASH COLLECTION, CASH DISBURSEMENTS
AND PROCUREMENT
THIS OFFICE IS WHERE THE CLERKS,
BOOKKEEPERS AND ACOUNTANTS ARE BASED
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1. THE BACK OFFICE

Writing 9 - Use the conversation from Task 8 to complete the welcome letter.

NEW HIRES ARE TRAINED IN EACH

DEPARTMENT FOR A PERIOD

THE OFFICE IS DIVIDED INTO DIFFERENT

ACCOUNTING DEPARTMENTS FOR PAYROLL,

CASH COLLECTION, CASH DISBURSEMENTS

AND PROCUREMENT

THIS OFFICE IS WHERE THE CLERKS,

BOOKKEEPERS AND ACOUNTANTS ARE BASED

2. GUIDING

Writing 9 - Use the textbook passage and the conversation from Task 8 to complete

the email. Make up names for the company, accountant, manager and the CPA.

JOHN HALL

BASICALLY, DON`T ALLOW YOUR FEELINGS

ABOUT THE COMPANY OR ITS PRODUCTS

EITHER POSITIVE OR NEGATIVE, TO

INFLUENCE THEIR RECORDS, ONLY USE

VERIFIABLE NUMBERS.

CLASSY CLOTHING

DAN OSBORNE

JOHN HALL

4. CASH AND LIQUIDITY

Writing 9 - Use the conversation from Task 8 to complete the email. Make up

names for the CFO and the CPA.

OLIVER SMITH

WILIAM REED

OLIVER SMITH

RATHER THAN THE MONEY JUST SITTING AROUND

BEING UNPRODUCTIVE I THINK IT WOULD BE MUCH

BETTER TO INVEST THE MONEY IN SOMETHING

THAT WILL BRING IN SOME REVENUE

  1. PRESENTING A P AND L STATEMENT
    • Use the conversation from Task 8 to complete the memo. Mangers noticed that wholesalers were making a huge profit from our units as they had a 300% markup on their prices. They took the decision to raise our prices to the wholesaler in order to again little of that profit for ourselves. Additionally, due to a supplier lowering their prices, our cost of goods went down. So although we can’t predict lower prices from our supplier we can keep an eye on wholesalers markups and use these to our advantage
  1. INTERNAL CONTROL
    • Use the conversation from Task 8 to complete the memo Every receiving report must be matcher with The purchase orders. If receiving clerks find that any shipements are short of product, please notify your managers immediately.