You're about to create your best presentation ever

Cycle Presentation Template 14 Steps

Create your presentation by reusing one of our great community templates.

Crosby’s 14 Steps

Transcript: Crosby’s Fourteen Steps to Quality Improvement Step 1 Step 1: Management Commitment Top level view on quality shown to all employees Step 2 Step 2: Quality Improvement Team To pursue the quality regime throughout the business Step 3 Step 3: Quality Measurement Analysis of the business quality performance in a meaningful manner Step 4 Step 4: Cost of Quality Evaluation Make sure everyone in the business understands the need for a quality system and costs to the business if there is no quality system in place Step 5 Step 5: Quality Awareness Make aware everyone in the business of the impact of quality systems Step 6 Step 6: Corrective Action Ensure a system is in place for analyzing defects in the system and applying simple cause and effect analysis to prevent re-occurrence Step 7 Step 7: Zero Defects Program Look for business activities to which zero defect logic should be applied Step 8 Step 8: Supervisor Training Get your supervisors trained in quality in both quality logic and zero defect appreciation which they can apply to their business activities Step 9 Step 9: Zero Defects Day A quality event by which all members of the effected section become aware that a change has taken place Step 10 Step 10: Goal Setting Once a change has been implemented in a section of the business, the next step is to get the employees and supervisors to bring about continuous improvement Step 11 Step 11: Error Cause Removal Ask individuals to describe any problem that keeps them from performing error free work on a simple, one-page form.Once employees learn to trust this communication, the program can go on forever. Step 12 Step 12: Recognition Management must recognize the employees who participate in the quality schemes Step 13 Step 13: Quality Councils Using both specialist knowledge and employees experiences to bring about a focuses approach to business quality regime Step 14 Step 14: Do It Over Again Continuous improvement means starting from the beginning and does again and again (CN-013) B.E FARAZ ABBAS CN-013 (B.E) CONSTRUCTION

accounting cycle steps

Transcript: 1. Transaction: The processing of accounting data begins with an economic transaction. *Common examples of such a source document include owner's equity deferred revenues and expenses is a list of all of the general ledger accounts having a balance amount as of that date real acounts liabilities examples on special ledger: prepayments assets Income statement 3.1. General Journal 3.2. Special Journals statement of cash flows Statement of changes in owner's equity temporary (nominal) accounts owner's equity liabilities examples of adjusting entries: we only close nominal accounts the financial statements are prepared from this trial balance 4.1. General ledger 4.2. Special ledger it includes only real accounts cloasing an account means bring the balance to zero The Entity Concept - the analysis must determine that the transaction in question, first relates to the entity in question. If not it must be rejected and not allowed to continue through the process. Monetary Concept - the transaction can be measured in terms of a monetary basis. Those transactions, which cannot be measured in terms of amount (for e.g., Saudi Riyals), are eliminated from further consideration for inclusion in the accounting process. Cost Principle - All transactions are recorded at cost and not at current market value. 2.2. Classify: Once past the analysis phase, the transaction is then properly classified in preparation for entry into the accounting database Chart of Accounts - The design of a good accounting system begins with the Chart of Accounts A typical assignment of numbers might be as follows: Assets 100-199 Liabilities 200-299 Owner’s Equity 300-399 Revenues 400-499 Expenses 500-599 Balance sheet it shows the balance of all accounts (including those that have been adjusted) classify assets examples on special journals: analyze sales journals • A sales receipt . Adjusted trial balance Analyze and classify posting • A purchase invoice customers' ledger transactions Financial statements Journalize: revenues Adjusting entries Closing entries Analyze and classify creditors ledger Trial balance purchases journals expenses Post closing trial balance • A debit/credit memorandum.

Now you can make any subject more engaging and memorable