Ford Motor Company is a multinational automaker with its headquarters in Dearborn, Michigan, a suburb of Detroit. Founded by Henry Ford and incorporated on June 16, 1903. The Company deals with automobile and commercial vehicles under Ford brand and luxury cars under Lincoln brand. It is the second largest in U.S and fifth in the world based on 2010 sales. Ford Motor Company believes human resource management to be the pillar on which stands the foundation of the company. Human Resource Strategy is an important purpose for the achievement of organization’s strategic objectives and goals. It looks at the organization ...
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Financial institutions are organizations that are involved with the provision of financial services, for instance, investment services, loans or investment services. These financial services are offered individuals or also businesses. They can either be local or even global in the provision of these products and services and their running.
Financial Services Corporations
Financial Services Corporations are large conglomerates that combine different financial institutions within a single Corporation. Initially, they only dealt with a single area but now cover a wide area. Financial services corporations are institutions that deal with provision of financial services to the general population. Furthermore, these are institutions that own banks, insurance ...
Modern accounting systems
Introduction
Developments in Information and communication technologies have lead to the development of numerous accounting software. These accounting software have facilitated development of modern accounting systems. Examples of accounting packages are; QuickBooks, Sage, Cashcall, Mind Your Own Business (MYOB) and Enterprise Resource Planning (ERP), [ CITATION Ree05 \l 1033 ].Modern accounting systems have revolutionized the way accounting is done and had a great impact on businesses. This paper discusses the impact of modern accounting systems on organizations.
Improvement in financial reporting
Many organizations obtain funds from various sources. The various providers of funds have different information needs therefore financial reports need to be structured to ...
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