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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2592 |
Essay's paper body
There is a consolidated close of the General Ledger which causes it to take 15-20 days after the end of a month to finish the labor intensive Balance Sheet and Income Statement. It is becoming costly to audit the financial statements monthly. Riordan is having a hard time complying with the government required reporting at a consolidated level...
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Though this situation is not apparent to consumers, Riordan Enterprises finds this whole situation below their company standards (University of Phoenix, 2006).
Solutions
The first solution is to uniform the systems at each entity. All entities should use a Windows based ERP. Each entity should first be set up and all workstations should be Windows compatible...
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