Accounting Assignment Report: Little Pear Juice Company Policies

This accounting report addresses several key areas related to employee management and financial processes within the Little Pear Juice Company. The report begins by detailing the frequency and importance of reviewing employee information collection policies, emphasizing the need for annual reviews to ensure compliance and relevance. It then explores time management techniques, specifically the Pomodoro Technique, and its application in managing tasks related to transitioning to a computerized accounting system. The report further discusses effective feedback strategies for encouraging, valuing, and rewarding individual and team efforts, highlighting methods such as positive reinforcement, recognition, and opportunities for self-improvement. Finally, the report outlines a policy and procedure document for collecting employee details for payroll processing, ensuring compliance with relevant regulations and including essential steps for data collection and security. The document also addresses areas of improvement such as training and development and process mapping.

Running Head: ACCOUNTING
ACCOUNTING
Name of the Student
Name of the University
Author Note

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Table of Contents
Answer to the Requirement 1.....................................................................................................2
Answer to the requirement 2......................................................................................................2
Answer to requirement 3............................................................................................................3
Answer to requirement 4............................................................................................................3
Answer to requirement 5............................................................................................................4
Answer to requirement 5.1.........................................................................................................4
References..................................................................................................................................5

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Answer to the Requirement 1
The document for the policies related to Employee information collection and
Procedure should be reviewed within one to three years, but most importantly at an every
annual period. It is very important to review the policies to ensure that the employees are
complied with the rules and policies of the company (Flowerday & Tuyikeze 2016). This is
very important because, employees are the only human resources that plays specific roles in
the department and helps in achieving the target. Regular review of the policies will help the
company to keep an update on employee practices, issues employees are facing in the
organisation, ensuring that the employees are constant in the company’s decisions. It is the
role of management to establish an ethical and effective policies & procedures for the
employees.
Answer to the requirement 2
Pomodoro technique is a management tool that is used by the manager to organise
their tasks in different time cycles (Ko & Rossen 2017). This technique helps to focus on the
work within the time frame. In this technique helps in increasing the productivity by taking
breaks ta each & every intervals of 15-20 minutes. This technique involves six steps. They
are:
 It decides the task that is needed to be done
 It sets the timer for the task, which is known as pomodoro timer for 25 minutes.
 Then the management work on the task
 It allows to end the work when the timer clocks and then allows to review the task.
 If any clarification is required, then it allows to repeatedly perform step 2 process.
 After completion of four pomodoro, it allows to take break for 15-30 minutes.

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This technique will help to plan, record, track and process the transition into the
computerised accounting system. Planning stage will help to prioritise the tasks and recording
the tasks according to it that is listed in “To Do Today List”. It allows to do self-observation
and improve the performance.
Answer to requirement 3
Feedback is the best way to encourage the team members to drive the performance.
Focusing on the team member’s strength will help to provide a positive feedback for them.
Motivating the team members with reward and recognition helps to boost the team’s
performance. This helps to build confidence to improve their areas of performance (Bennett,
Gadlin & Marchand 2018). Position feedback will be given through recognition and
appreciation. Feedback can be given through performance discussions in the meetings,
creating interviews to understand the employees, through personal email to the team
members. Encouraging the team members by providing greater opportunities for their self-
employment. Feedback for the best performance will be rewarded with incentives, bonus
trips, giving more responsibilities. This will help the team members to invest themselves
more in the work and helps is contribute work with more loyalty. The feedback will also
include sharing efficient information to help the team members engage in their work.
Answer to requirement 4
Little Pear Juice Company
Employee information collection Policy and Procedure (Dated July 2019)
Policy:
 Privacy Policy- This policy will contain certain information in order to prevent the
personal and confidential information of the employees of the organisation.
 Security policy- This policy will include the methods to secure the employee
related data or information.
 Collection Policy- This policy will contain information for system communication
process within the employees. It also records information related to existing and

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new staffs
Procedure:
 Personal information should only be collected if it is necessary and must be granted
by employees only (Safa, Von Solms & Furnell 2016). It must contain all records,
reason for collection and the recipients that are collected from the employee’s
records.
 If an individual finds any misleading of their information, then they can complain
the fact according to the Information Privacy Act 2009.
 The supply of information should not be provided voluntarily, it must be done
according to the law.
 The personal information should only be used by the human resource management
for dealing with employee payroll processing, administration of superannuation.
The employee related information must be stored in electronic form or in a most
secure environment.
Answer to requirement 5
 Produce timely report- Report generator take data from spreadsheet and produce
document.
 Process Payroll- Payroll application completes all the tasks with payroll, track
employee salaries and wages.
 Manage inventory- NetSuite ERP controls the inventory location & volume. Track the
order and monitor (Valerie, Abolade & Rowland 2019).
 Be compliant with all legislative and statutory laws- Entity keeper used by the
companies.
 Be accessed by multiple users- Multi-user software for doing multiple operations.
Answer to requirement 5.1
Program Areas of improvement
Training and
Development
programme
Empowers employees
Process
mapping
Clarify the process through work flow diagrams

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References
Bennett, L. M., Gadlin, H., & Marchand, C. (2018). Collaboration Team Science: Field
Guide. US Department of Health & Human Services, National Institutes of Health,
National Cancer Institute.
Flowerday, S. V., & Tuyikeze, T. (2016). Information security policy development and
implementation: The what, how and who. computers & security, 61, 169-183.
Ko, S., & Rossen, S. (2017). Teaching online: A practical guide. Routledge.
Nwosu, B. O., & Amahi, F. U. (2019). BUILDING THE CAPACITY OF STUDENTS OF
BUSINESS EDUCATION (ACCOUNTING) WITH ACCOUNTING SOFTWARE
SKILLS FOR IMPROVED SERVICE DELIVERY IN MODERN OFFICE AND
SCHOOL ENVIRONMENTS. Nigerian Journal of Business Education (NIGJBED),
6(2), 368-381.
Safa, N. S., Von Solms, R., & Furnell, S. (2016). Information security policy compliance
model in organizations. computers & security, 56, 70-82.
Valerie, O., Abolade, F., & Rowland, W. (2019). Accounting Software and Resolution to
Financial Insolvency in Nigeria: A Meta Analysis. Covenant Journal of Business and
Social Sciences, 10(2).