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The yearly UKG analyst summuit was held in Las Vegas at ResortsWorld / Conrad on May 14th 2024. Holger Mueller of Constellation Research attended and is sharing his key takeaways.
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It’s like maintaining a diary for your business’s financial affairs. Picture this: Every dollar coming in and every penny going out is diligently noted and neatly organized, just like entries in a personal journal. For instance, imagine you own a small bakery. Every time a customer buys a cupcake or you purchase ingredients like flour and sugar, those transactions are recorded in your business diary. It’s a straightforward way of keeping tabs on your bakery’s financial story, making sure nothing slips through the cracks.
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Building Moonshots In today's rapidly evolving world, many industries have experienced disruption or are on the cusp of one. While organisations often discuss the importance of innovation and disruption for growth, it's not uncommon to find ourselves defaulting to familiar patterns and maintaining the status quo. To thrive amidst this change, businesses of all sizes must adopt strategic foresight not as an option but as an essential strategy. Developing strategic foresight enables organizations to anticipate and proactively respond to future challenges, ensuring they remain adaptable and resilient in an ever-changing landscape. By moving beyond "business as usual" thinking and embracing innovative approaches, companies can position themselves for long-term success.
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
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Blinkit, formerly known as Grofers, is a prominent player in the online grocery delivery industry in India. Founded in December 2013 by Albinder Dhindsa and Saurabh Kumar, Blinkit rebranded in 2021 to better reflect its mission of delivering groceries at a lightning-fast pace. The company is headquartered in Gurugram and operates across several major cities in India. Business Model: Blinkit operates on a hyperlocal delivery model, leveraging a network of dark stores—dedicated distribution centers not open to the public—to ensure quick and efficient delivery of groceries and daily essentials. Customers can place orders through the Blinkit app, which offers a user-friendly interface and a wide selection of products ranging from fresh produce and dairy to household items and personal care products.
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
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Law firms function under a complex structure. There are multiple clients, numerous cases, and tentative deadlines. As the firm expands, it experiences a surge in client demands, tackles more complex cases, and adapts to constantly changing regulations. Increased work capacity can encompass a variety of tasks related to financial management, including:
Should Law Firms Outsource their Bookkeeping
Should Law Firms Outsource their Bookkeeping
YourLegal Accounting
Excited to share the Vol.007_May 13th, 2024 of 'The Vietnam Believer' newsletter series on LinkedIn weekly showcasing notable news on Vietnam's development in key sectors.
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At the heart of YourLegal’s approach is the seamless integration of cutting-edge technology into the fabric of CPA firms. Our platform is designed to enhance operational efficiency, streamline workflows, and mitigate the risk of errors. Through the judicious use of advanced tools, our Virtual CFOs ensure that your firm is equipped with the latest technological solutions, providing real-time insights and analytics that are instrumental in making informed decisions during the tax season’s crunch time.
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1. EXECUTIVE SUMMARY There are around 8 Tonne to 10 Tonnes of Slaughterhouse waste produced daily in the slaughter houses which perform slaughtering and dressing in limits of MYSORE Municipal Corporation. Slaughterhouse waste need significant treatment for a sustainable and safe discharge to the environment due tothe high content of organics and nutrients. Therefore, the treatment and final disposal of Slaughterhouse waste are a public health necessity. Slaughterhouse waste has become a major source of pollution in the State of Karnataka. Meat processing effluents are becoming one of the major agribusinesses concerns due to the vast amount of water used during slaughtering, processing, and cleaning of the slaughtering facilities. Slaughterhouse waste management system is very poor and several measures are being taken for the effective management of wastes generated. There are hardly any chicken stalls in the state with their own waste management systems. Scientific disposal of such waste is quite expensive and is the reason why they cannot have their own waste management system. Presently the stall owners pay people to have the waste dumped intorivers, streams, roads side etc. There are groups of people engaged in this activity. a. LAWS Slaughterhouse without waste management system will not be issued license as per the new food safety standard Act. Hotels are not permitted to buy meat from unlicensed stalls. In such a situation, a number of slaughterhouse will have to shut their shops. To avoid this, centralised poultry waste management system is the only solution. Dry rendering plants (Dehydration System) for every district will be a proper solution. b. DEHYDRATION SYSTEM The waste including the feathers undergoes process of hydrolysis by which it is cooked and broken down. Being processed under high pressure and at high temperature renders the waste free of any microbes. Cyclone separator, condenser, scrubber, ETP (Effluent treatment plant), Bio filter and chimney ensure that there is no environmental pollution. The processing of a batch takes about 4 to 5 hours and 4 such batches can be processed per day totalling to 15 Tonnes waste can be processed per day. 2. COMPANY PROFILE AND QUALIFICATIONS Company Name SLICE UP ORGANIC PRODUCT PVT LTD. Company Category Company limited by Shares Company Sub Category Non-govt company Date of Incorporation 20-11-2021 Registered Address SLICE UP ORGANIC PRODUCT PVT LTD.. Muttil North, Wayanad. ABOUT US We started our journey in the field of Rendering plant focused on poultry rendering plants since 2021 as a Private Limited Company. As of now we had supplied poultry meal to almost many companies all over India. Company is running 2 rendering plants at Wayanad and Kollam . Qualifications of the Company 1. Our Company and its teams are experienced in the field of Installation, Maintenance, Running of the Rendering Unit. 2. Our Company Slice Up Organic Product PVT LTD is an Innovator who strives to int
A BUSINESS PROPOSAL FOR SLAUGHTER HOUSE WASTE MANAGEMENT IN MYSORE MUNICIPAL ...
A BUSINESS PROPOSAL FOR SLAUGHTER HOUSE WASTE MANAGEMENT IN MYSORE MUNICIPAL ...
prakheeshc
Forensic accounting is not a mere examination of financial records; it’s a journey into the narrative that unfolds within the ledgers. Beyond the digits and decimals lie stories of financial decisions, risks taken, and the overall health of a business. Our approach at YourLegal is to unveil these stories, providing our clients with insights that go beyond the surface. By understanding the context surrounding financial transactions, we empower businesses to make informed decisions that align with their strategic objectives.
Beyond Numbers A Holistic Approach to Forensic Accounting
Beyond Numbers A Holistic Approach to Forensic Accounting
YourLegal Accounting
Income statement definition An income statement is a financial statement that reports a company's financial performance over a specific accounting period. It is one of the three important financial statements used for reporting a company’s financial performance, the other two being the balance sheet and the cash flow statement. The income statement focuses on the revenue, and expenses reported by a company during a particular period. It provides valuable insights into a company’s operations, the efficiency of its management, underperforming sectors, and its performance relative to industry peers. The income statement is also known as the profit and loss (P&L) statement or the statement of revenue and expense. It starts with the details of sales and then works down to compute net income and eventually earnings per share (EPS). The income statement does not differentiate between cash and non-cash receipts (sales in cash vs. sales on credit) or cash vs. non-cash payments/disbursements (purchases in cash vs. purchases on credit). Key income statement items Revenue is the total amount of money a company earns from its operations, usually from the sale of goods or services. For example, a car manufacturer’s revenue would be the total amount of money it earns from selling cars. Cost of Goods Sold (COGS) represents the direct costs associated with producing or delivering the goods or services sold by a company. In the auto industry, COGS would include the cost of raw materials, labor, and other expenses directly related to manufacturing vehicles. Gross Profit is calculated by subtracting the COGS from the revenue. Selling, General, and Administrative (SG&A) expenses represents the costs associated with a company's non-production activities, such as sales, marketing, and administrative functions. In the auto industry, SG&A expenses would include salaries of sales personnel, advertising expenses, rent for office spaces, and other costs related to running the business. Depreciation & Amortization: Depreciation refers to the systematic allocation of the cost of a tangible asset over its useful life. Amortization, on the other hand, is the process of spreading out the cost of an intangible asset over its useful life. In the auto industry, depreciation and amortization expenses would include the depreciation of manufacturing equipment, vehicles, and amortization of patents or trademarks. Interest Expenses represents the costs associated with borrowing money or using credit facilities. Interest expenses are incurred when a company has outstanding debt or loans. In the auto industry, interest expenses would include interest paid on loans used to finance manufacturing facilities or purchase equipment. This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...
Aurelien Domont, MBA
https://www.hubspot.com/state-of-marketing · Scaling relationships and proving ROI · Social media is the place for search, sales, and service · Authentic influencer partnerships fuel brand growth · The strongest connections happen via call, click, chat, and camera. · Time saved with AI leads to more creative work · Seeking: A single source of truth · TLDR; Get on social, try AI, and align your systems. · More human marketing, powered by robots
2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
Marius Sescu
ChatGPT is a revolutionary addition to the world since its introduction in 2022. A big shift in the sector of information gathering and processing happened because of this chatbot. What is the story of ChatGPT? How is the bot responding to prompts and generating contents? Swipe through these slides prepared by Expeed Software, a web development company regarding the development and technical intricacies of ChatGPT!
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
Expeed Software
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Meet Helen Constantinides, the Chief Information Officer at AVBOB Mutual Assurance Society South Africa, whose journey embodies the essence of adaptability, perseverance, and a relentless pursuit of excellence.
South Africa's 10 Most Influential CIOs to Watch.pdf
South Africa's 10 Most Influential CIOs to Watch.pdf
THECIOWORLD
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The yearly UKG analyst summuit was held in Las Vegas at ResortsWorld / Conrad on May 14th 2024. Holger Mueller of Constellation Research attended and is sharing his key takeaways.
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Holger Mueller
In an era where change is the only constant, the internal audit landscape continues to evolve at a rapid pace. As professionals committed to upholding the highest standards of ethics, governance, and risk management, it's crucial to stay abreast of these changes. This year marks a pivotal moment in this journey with the release of the 2024 Global Internal Audit Standards by The Institute of Internal Auditors (IIA). These newly updated standards are not just a set of guidelines; they are a beacon that guides internal auditors through the complexities of modern business environments. They reflect a deep understanding of the challenges and opportunities faced by auditors in a world that is increasingly digital, interconnected, and regulated. Stay tuned as I delve deeper into each aspect of these groundbreaking standards. In my upcoming posts, I will be dissecting, summarizing, and offering insights into how these standards can be effectively implemented in various audit scenarios. As we embark on this journey together, I invite you to engage, question, and discuss these standards. Let's explore how they can shape the future of internal auditing.
Global Internal Audit Standards 2024.pdf
Global Internal Audit Standards 2024.pdf
Amer Morgan
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It’s like maintaining a diary for your business’s financial affairs. Picture this: Every dollar coming in and every penny going out is diligently noted and neatly organized, just like entries in a personal journal. For instance, imagine you own a small bakery. Every time a customer buys a cupcake or you purchase ingredients like flour and sugar, those transactions are recorded in your business diary. It’s a straightforward way of keeping tabs on your bakery’s financial story, making sure nothing slips through the cracks.
How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...
How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...
YourLegal Accounting
Building Moonshots In today's rapidly evolving world, many industries have experienced disruption or are on the cusp of one. While organisations often discuss the importance of innovation and disruption for growth, it's not uncommon to find ourselves defaulting to familiar patterns and maintaining the status quo. To thrive amidst this change, businesses of all sizes must adopt strategic foresight not as an option but as an essential strategy. Developing strategic foresight enables organizations to anticipate and proactively respond to future challenges, ensuring they remain adaptable and resilient in an ever-changing landscape. By moving beyond "business as usual" thinking and embracing innovative approaches, companies can position themselves for long-term success.
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra
Blinkit, formerly known as Grofers, is a prominent player in the online grocery delivery industry in India. Founded in December 2013 by Albinder Dhindsa and Saurabh Kumar, Blinkit rebranded in 2021 to better reflect its mission of delivering groceries at a lightning-fast pace. The company is headquartered in Gurugram and operates across several major cities in India. Business Model: Blinkit operates on a hyperlocal delivery model, leveraging a network of dark stores—dedicated distribution centers not open to the public—to ensure quick and efficient delivery of groceries and daily essentials. Customers can place orders through the Blinkit app, which offers a user-friendly interface and a wide selection of products ranging from fresh produce and dairy to household items and personal care products.
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Saksham Gupta
Law firms function under a complex structure. There are multiple clients, numerous cases, and tentative deadlines. As the firm expands, it experiences a surge in client demands, tackles more complex cases, and adapts to constantly changing regulations. Increased work capacity can encompass a variety of tasks related to financial management, including:
Should Law Firms Outsource their Bookkeeping
Should Law Firms Outsource their Bookkeeping
YourLegal Accounting
Excited to share the Vol.007_May 13th, 2024 of 'The Vietnam Believer' newsletter series on LinkedIn weekly showcasing notable news on Vietnam's development in key sectors.
The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
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At the heart of YourLegal’s approach is the seamless integration of cutting-edge technology into the fabric of CPA firms. Our platform is designed to enhance operational efficiency, streamline workflows, and mitigate the risk of errors. Through the judicious use of advanced tools, our Virtual CFOs ensure that your firm is equipped with the latest technological solutions, providing real-time insights and analytics that are instrumental in making informed decisions during the tax season’s crunch time.
Navigating Tax Season with Confidence Streamlines CPA Firms
Navigating Tax Season with Confidence Streamlines CPA Firms
YourLegal Accounting
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1. EXECUTIVE SUMMARY There are around 8 Tonne to 10 Tonnes of Slaughterhouse waste produced daily in the slaughter houses which perform slaughtering and dressing in limits of MYSORE Municipal Corporation. Slaughterhouse waste need significant treatment for a sustainable and safe discharge to the environment due tothe high content of organics and nutrients. Therefore, the treatment and final disposal of Slaughterhouse waste are a public health necessity. Slaughterhouse waste has become a major source of pollution in the State of Karnataka. Meat processing effluents are becoming one of the major agribusinesses concerns due to the vast amount of water used during slaughtering, processing, and cleaning of the slaughtering facilities. Slaughterhouse waste management system is very poor and several measures are being taken for the effective management of wastes generated. There are hardly any chicken stalls in the state with their own waste management systems. Scientific disposal of such waste is quite expensive and is the reason why they cannot have their own waste management system. Presently the stall owners pay people to have the waste dumped intorivers, streams, roads side etc. There are groups of people engaged in this activity. a. LAWS Slaughterhouse without waste management system will not be issued license as per the new food safety standard Act. Hotels are not permitted to buy meat from unlicensed stalls. In such a situation, a number of slaughterhouse will have to shut their shops. To avoid this, centralised poultry waste management system is the only solution. Dry rendering plants (Dehydration System) for every district will be a proper solution. b. DEHYDRATION SYSTEM The waste including the feathers undergoes process of hydrolysis by which it is cooked and broken down. Being processed under high pressure and at high temperature renders the waste free of any microbes. Cyclone separator, condenser, scrubber, ETP (Effluent treatment plant), Bio filter and chimney ensure that there is no environmental pollution. The processing of a batch takes about 4 to 5 hours and 4 such batches can be processed per day totalling to 15 Tonnes waste can be processed per day. 2. COMPANY PROFILE AND QUALIFICATIONS Company Name SLICE UP ORGANIC PRODUCT PVT LTD. Company Category Company limited by Shares Company Sub Category Non-govt company Date of Incorporation 20-11-2021 Registered Address SLICE UP ORGANIC PRODUCT PVT LTD.. Muttil North, Wayanad. ABOUT US We started our journey in the field of Rendering plant focused on poultry rendering plants since 2021 as a Private Limited Company. As of now we had supplied poultry meal to almost many companies all over India. Company is running 2 rendering plants at Wayanad and Kollam . Qualifications of the Company 1. Our Company and its teams are experienced in the field of Installation, Maintenance, Running of the Rendering Unit. 2. Our Company Slice Up Organic Product PVT LTD is an Innovator who strives to int
A BUSINESS PROPOSAL FOR SLAUGHTER HOUSE WASTE MANAGEMENT IN MYSORE MUNICIPAL ...
A BUSINESS PROPOSAL FOR SLAUGHTER HOUSE WASTE MANAGEMENT IN MYSORE MUNICIPAL ...
prakheeshc
Forensic accounting is not a mere examination of financial records; it’s a journey into the narrative that unfolds within the ledgers. Beyond the digits and decimals lie stories of financial decisions, risks taken, and the overall health of a business. Our approach at YourLegal is to unveil these stories, providing our clients with insights that go beyond the surface. By understanding the context surrounding financial transactions, we empower businesses to make informed decisions that align with their strategic objectives.
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Income statement definition An income statement is a financial statement that reports a company's financial performance over a specific accounting period. It is one of the three important financial statements used for reporting a company’s financial performance, the other two being the balance sheet and the cash flow statement. The income statement focuses on the revenue, and expenses reported by a company during a particular period. It provides valuable insights into a company’s operations, the efficiency of its management, underperforming sectors, and its performance relative to industry peers. The income statement is also known as the profit and loss (P&L) statement or the statement of revenue and expense. It starts with the details of sales and then works down to compute net income and eventually earnings per share (EPS). The income statement does not differentiate between cash and non-cash receipts (sales in cash vs. sales on credit) or cash vs. non-cash payments/disbursements (purchases in cash vs. purchases on credit). Key income statement items Revenue is the total amount of money a company earns from its operations, usually from the sale of goods or services. For example, a car manufacturer’s revenue would be the total amount of money it earns from selling cars. Cost of Goods Sold (COGS) represents the direct costs associated with producing or delivering the goods or services sold by a company. In the auto industry, COGS would include the cost of raw materials, labor, and other expenses directly related to manufacturing vehicles. Gross Profit is calculated by subtracting the COGS from the revenue. Selling, General, and Administrative (SG&A) expenses represents the costs associated with a company's non-production activities, such as sales, marketing, and administrative functions. In the auto industry, SG&A expenses would include salaries of sales personnel, advertising expenses, rent for office spaces, and other costs related to running the business. Depreciation & Amortization: Depreciation refers to the systematic allocation of the cost of a tangible asset over its useful life. Amortization, on the other hand, is the process of spreading out the cost of an intangible asset over its useful life. In the auto industry, depreciation and amortization expenses would include the depreciation of manufacturing equipment, vehicles, and amortization of patents or trademarks. Interest Expenses represents the costs associated with borrowing money or using credit facilities. Interest expenses are incurred when a company has outstanding debt or loans. In the auto industry, interest expenses would include interest paid on loans used to finance manufacturing facilities or purchase equipment. This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
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https://www.hubspot.com/state-of-marketing · Scaling relationships and proving ROI · Social media is the place for search, sales, and service · Authentic influencer partnerships fuel brand growth · The strongest connections happen via call, click, chat, and camera. · Time saved with AI leads to more creative work · Seeking: A single source of truth · TLDR; Get on social, try AI, and align your systems. · More human marketing, powered by robots
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Everyone is in agreement that ChatGPT (and other generative AI tools) will shape the future of work. Yet there is little consensus on exactly how, when, and to what extent this technology will change our world. Businesses that extract maximum value from ChatGPT will use it as a collaborative tool for everything from brainstorming to technical maintenance. For individuals, now is the time to pinpoint the skills the future professional will need to thrive in the AI age. Check out this presentation to understand what ChatGPT is, how it will shape the future of work, and how you can prepare to take advantage.
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