Describe the annual budget process.

Accounting and Finance Research Paper

The purpose of this assignment is to discover the different types of financial reporting procedures within your internship company. You will compose a minimum 500-word paper to discuss your findings.

Select a manager who directly supervises you or one that you have observed managing employees where you are interning and interview them for this assignment.

Complete independent research to support your discussion of the paper topic. A minimum of three external sources from textbooks and/or UNLV Library peer-reviewed journals is required.

• A description of the operation and its clientele

– It is a Japanese-Hawaiian fusion restaurant with about 30 seats located near Spring Mountain road. There are lots of Asian restaurants located at Spring Mountain, and Mom’s Teriyaki has its specialty by having unique take-out section and attention to details on its bento boxes with reasonable price range. Menu of Mom’s Teriyaki includes chicken plates, Japanese salad and appetizers, bento boxes with different choice of meats, and rice bowls. Overall mood of the restaurant is casual with little noise and is decorated with Japanese interior items like Maneki Neko sculpture. Hours of operation is from 11:00 A.M to 9:00 P.M, and it is closed on every Sunday. Since there is no alcohol serving, and each menu-item is prepared quickly, there is high seat turn-over rate for tables. Customers are various, usually local customers who are looking for quick lunch and dinner, or workers who want to take-out foods for their work.

Reporting Procedures. Discuss the following reports: Food costs/Labor costs/Other costs Sales reports Forecast reports

Payroll Policies and Procedures Is there an HRIS or payroll system in use Discuss how payroll is administrated and who is in charge of payroll How often are employees paid

Describe the annual budget process

How does the organization measure their financial success

Submission and Formatting Standards

Attach a WORD document or PDF file for your submission. Please note the following paper standards:

Minimum of 500 words (use Word Count under Microsoft Tools to ensure your submission meets the length standard). Submission Information (name, assignment name, etc.) or references do not count towards word requirement.

No typographical or grammatical errors

Double-spaced

1-inch margins on the top, bottom, left, and right

12-point font (Arial or Times Roman)

Headings and, if appropriate, sub-headings used to help organize paper

Introduction with thesis sentence and a “roadmap” that lets the reader know the subject of your paper

Conclusion that summarizes your paper and reminds the reader what your paper was about

Citations for any ideas not the student’s own are fully and accurately cited so a third party can easily find the original source (APA format)