Company Credit Cards Explanation Accounting Policies

The company credit card section of an accounting policy is a section where you define who has company credit cards and responsibility for the charges incurred. Below is a sample of this section of the procedures, which can be tailored to your situation. Account Policy and Purpose Employees can be given access to a company credit card where the nature of their job requires such use. Company credit cards may only be used for business expenses and may not be used for expenses of a personal nature. Examples of  business expenses and deductions may include  home office costs, auto expenses, education and more. The general purpose of a statement of policy and procedure is to ensure that company credit cards are used for appropriate purposes and that adequate controls are established for day-to-day use. A company credit card policy applies to all employees who maintain a credit card for company use and their managers. Company Credit Card Responsibility Responsibility under a company credit card policy varies depending on persons role. For example, individuals have a different responsibility than operating managers and supervisors. Individuals holding company credit cards are responsible for:Using the cards only for their intended purposeRetaining receipts and providing explanations for all company credit card transactionsObtaining authorization for credit card invoicesOperating managers/supervisors  are responsible for:Limiting the use of company credit cards to those employees who require a card for company businessReviewing and authorizing credit card invoices used by their employees on a timely basis to avoid late payment chargesIdentifying and requesting any credit or transaction-level limits required for individual cardsAn accounting department  is responsible for:Ensuring that all credit card transactions are properly authorizedProcessing payments for credit card invoices on a timely basis to avoid late payment chargesArranging credit or transaction-level limits for individual cards Vocabulary Found in Credit Card Policies There may be some general terms included in a company credit card policy for you to be aware of. Here are four common terms and phrases: General credit card:  A credit card that can be used at multiple establishments, such as VISA, American Express, or MasterCard.Supplier specific credit card: A credit card that can be used only with a specific supplier, such as a gas company or an office supply company.Credit limit: The total amount that may be charged to the credit card before transactions are refused by the credit card company.Transaction-level limit: The total value of any individual transaction that may be charged to the card or the type of transaction that may be charged to the card. For example, some gas companies will allow for â€Å"gas only† cards, which deny credit for other miscellaneous purchases at the gas station. Credit Cards and Expense Reports Employees using credit cards for business expenses must follow the procedure provided by the company. Typically, the following rules are set in a company policy: Credit cards are to be used for company requirements only. Where the supplier has the capability, cards or transactions will be coded to individual employees for a greater facility at the time of invoicing.Employees must retain and initial receipts and note the purpose of the expense on the back of each receipt.Use of company credit cards for expenses of a personal nature of any kind may result in disciplinary action up to and including dismissal. It may result in the expenses being deducted from the employee’s next pay check. Credit Card Invoicing, Authorization and Payment Along with following company credit card procedure, employees must also follow a set of rules in regards to invoices, authorizations, and payments. While every company provides their own unique policy, the following is an example of what you can generally expect: The employee shall submit the corresponding receipts along with an expense report (often called a credit card expense report) to the appropriate authorizing supervisor or manager within a week of incurring the expense. Facsimile or scanned documents are acceptable if the employee is on travel and will not return to the office in order to meet the one-week deadline, provided that original receipts are presented upon return from travel.Charges for items where the receipt has been misplaced must be explained to the authorizing individual who must initial the specific charge and indicate â€Å"receipt missing† beside it.The authorizing supervisor or manager will confirm that the charges are justified and appropriate before authorizing the invoice for payment by noting â€Å"Okay to Pay† and signing the body of the invoice.The approved invoice shall be forwarded to the appropriate  accounting department for payment.The ​accounting department shall verify the authori zation and schedule the invoice for payment according to the terms of the credit card contract, and so as to avoid unnecessary late payment charges. Statement of Policy Agreement When accepting a company credit card, employees typically sign and date a statement of policy and procedure agreement after reviewing it. Typically, the agreement contains the information provided above and may request your card number and expiration date at the time of signature. The following is an example of what you will find at the end of the form: I have read and understood the [company name] Statement of Policy and Procedure for having a Corporate General Credit Card. By this form, I give permission for [company name] to withhold (deduct) from my pay check personal items, unauthorized expenses and unreported expenses incurred by me using my General Credit Card.

The Issue Of Gun Control Essay - 1189 Words

Proposition 63 â€Å"Firearms, Ammunition sales, Initiative Statute† proposes to help reduce gun violence. There are two clear sides to this proposition, those who support gun control laws and those against them. Gun control is an important debate not only in California but in all America. Although any opportunity to reduce gun violence is important, I think Proposition 63 is not an answer. What will Proposition 63 do? It will replace and update California’s gun and ammunition law. It creates requirements to buy ammunition and a license to sell ammunition from the Department of Justice. It will also prohibit purchasing ammunition from out-of-state without first passing through a dealer. Also, it will remove firearms from convicts. In Fiscal Impact, it will increase costs for state and local courts and law enforcement costs as well. (Prop 63) In the text of proposed law for Proposition 63 proposes it will close all loopholes and implement more extensive background checks. It also states we should worry more about gun violence in everyday life apart from the mass shootings and massacres. In the text of proposed laws informs us, â€Å"Gun violence destroys lives, families, and communities† (Prop 63 163) to put in perspective everyday tragedies. Which, leads us to the debate of the 2nd amendment. A person’s right to bear arms. Not only is our right bas ed after the United States Constitution (2nd amendment), one can see this as common sense. This country was established onShow MoreRelatedGun Issue And Gun Control1401 Words   |  6 PagesUniversity, Gun Politics has been a course I have aspired to take. While many enroll in such a course looking for an escape from the â€Å"collegiate liberal echo chamber† or as an outlet for their conservative agendas, I saw the class as an â€Å"entrance to the dark side.† My views on guns prior to the class were, I would call, polarized yet uninformed. In most of my discussions, I would cite the Australian 1996 National Firearms Agreement as precedent for how American politicians should approach the gun issueRead MoreThe Issue Of Gun Control Essay1646 Words   |  7 Pagessomebody who wants to inflict harm on other people to get his or her hands on a gun.† (Simple Minded Gun Control). Gun control is a controversial issue worldwide. The reason why this has attracted so much attention is because not everyone is in favor of gun control and each side brings up excellent points about the issue. Research related to this issue strongly supports the claim that there SHOULD be more gun control laws. Three arguments that prove this position are (1) Incidents like Sandy HookRead MoreThe Issue Of Gun Control1489 Words   |  6 Pagessplit on the issue of gun control. We have seen many violent shootings and innocent people dying because of gun violence. Some Americans believe we need strict gun laws to protect our children and ourselves from these horrific tragedies. Other Americans believes it is our rights as Americans to posses’ guns and we are entitled to that right in our constitution. There are also some Americans that are stuck in the middle and can see both sides but recent events have definitely caused this issue to be inRead MoreThe Issue Of Gun Control1031 Words   |  5 Pagesintegrate them in a way that will trigger a new viewpoint on the su bject. Gun control is something that should be enforced across the world in order to save lives. In the United States there is a ratio of 88.8 guns per one hundred persons (GunPolicy.org). Those numbers award us with the highest total per capita number in the world. With that amount of firepower there needs to be an efficient way to regulate who exactly can purchase a gun. Since 1791 when the second amendment was ratified there have beenRead MoreThe Issue Of Gun Control1705 Words   |  7 Pagesaway without preface or reason. All someone needs to do is pull the trigger. In today’s world, guns are far too accessible to the people of society. We hear in the news, stories of mass shootings, homicides, and suicides; most of which are caused by the activation of a gun. A hot-button issue, gun control is one of the most debated topics in American politics. Should we, or should we not, be able to own guns? Although it infringes on the Second Amendment that provides the right to bea r arms, this amendmentRead MoreThe Issue Of Gun Control951 Words   |  4 PagesGun control has been a big topic for the past decade in the united states. These debates will rise and fall time in and time out after something horrific happens in the state. Anti-Gun supporters do not realize that it is extremely difficult to regulate something in the states that is a big portion of our economy.Would stricter gun laws change anything? So far statistically It has been proven otherwise one must consider how a citizen would defend themselves when they are faced with terror. How willRead MoreThe Issue Of Gun Control929 Words   |  4 PagesGun Control Getting arrested yesterday was not the highlight of my week. I was hungry; so I went to Wal-Mart get some charcoal, lighter fluid, and steak. I put the charcoal in the grill and the lighter fluid on the coals. I got a little lighter fluid on my arm, but I didn’t pay it much attention. I lit the match and threw it on the coals. I looked down and my sleeve was on fire. I was waving my arm in the air, trying to put it out. Then here they come the police pulled in and tackled me to theRead MoreThe Issue Of Gun Control1552 Words   |  7 PagesThe issue of gun is always controversial. Firearm can be used as defending or an assaulting weapon. In United States, firearm increase the rate of homicide, suicide and gun violence, which can harm and murder people. Moreover, taking away people’s gun will not work effectively because the murder and criminal will find another ways to get guns. Also, the black market will appear for the people who cannot get guns from regulated market s. In addition, if regulated guns are banned, murderers may useRead MoreThe Issue Of Gun Control1678 Words   |  7 PagesJanuary 2014 The 2nd Amendment Over the past few years, the issue of gun control has been widely discussed. You surely have heard the phrase, â€Å"Guns don’t kill people, people kill people† uttered and i wholeheartedly support this statement. It is important to treat guns responsibly so they do not end up in the wrong hands. I believe gun control violates our inalienable rights. Another piece of our liberty will surely be taken away if guns are banned, and socialism and totalitarianism will be rightRead MoreThe Issue Of Gun Control1208 Words   |  5 PagesWill Christopherson Traverson English 2 1 March 2017 Gun Control The United States has 88.8 guns per 100 people, or about 270,000,000 guns, which is the highest total and per capita number across the globe. The current public gun control debate in the United States seems to be placed on standby until it is sparked up by a major mass shooting. There were at least 126 mass shootings between January 2000 and July 2014.(pro). Opponents of more gun laws accuse supporters of using a horrific event to further

Huckelberry Finn †Chapter 1 Commentary Free Essays

â€Å"There were things he stretched, but mainly he told the truth.† Straight away Twain shows us the irony and hypocrisy of American society through the eyes of the young and innocent Huck. For Twain’s story to come out as he has intended the voice of the narrator is a crucial part. We will write a custom essay sample on Huckelberry Finn – Chapter 1 Commentary or any similar topic only for you Order Now Twain has deliberately chosen a 13-year-old boy as the first person narrator to give the reader a greater sense of belief and trust which Huck quickly gains through his innocence. A young boy such as Huck would be less influenced by the world around him and, therefore, he will be telling the story straight from the heart and what he truly believes in. His vision isn’t clouded by the ‘sivilised’ society, which Twain perhaps purposely uses to symbolise the way in which American society attempts to place people into a certain stereotype. The language Twain has used is very simple which reflects Huck himself. The grammatically incorrect English. This seems to give Huck more appeal as it further demonstrates his innocence and honesty. Further more, Twain provides us with two contrasting characters in the widow Douglas and Miss Watson in both their personalities and language they use. Their main concern is to behave in the manner that is considered by the society to be ‘sivilised’. This gives the reader the impression that they are fake and not true to themselves but rather more worried about what others will think of them. From the beginning it is clear that Huck believes to be trapped by what he believes to be a confined society. When he is away from this Huck feels ‘free and satisfied’ but now that the widow and Miss Watson have taken to ‘Civilizing Huck’, his new clothes symbolise the way in which he is feeling on the inside. Huck feels ‘all cramped up’ and ‘tiresome and lonesome’. He feels so lonesome that he ‘wishes [he] was dead’. All Huck wants is ‘to go somewhere’ and he ‘warn’t particular’. He is so desperate to get away from the society that is constricting him that Huck wishes he was at the ‘bad place’. Twain perhaps uses Miss Watson’s criticism of Tom Sawyer going to the good place ‘not by a considerable light’ as a way to emphasize Huck’s fear of being lonely. Huck is very glad at this thought because he wants ‘Tom and [him] to be together’. Perhaps one of Twain’s greatest concerns about America’s society is its evident hypocrisy. This is greatly exemplified by the widow’s ban on smoking because it was a ‘mean practice and wasn’t clean’ while she herself ‘took snuff too’. As she has authority others are willing to ignore her faults and ‘of course that was all right, because she done it herself’, whereas Huck is compelled to follow the rules, only because he has not yet been ‘sivilised’. This passage also seems to explore the idea of criticizing others in order raise themselves. By condemning Huck for smoking, the widow is making herself feel better knowing that she has the authority and that it is all right for her to smoke. Twain uses the idea of Miss Watson using the spelling book perhaps to symbolise the way in which Huck sees this ‘sivilised’ society- ‘I couldn’t stood it much longer’. The society’s concern with being respectable is emphasised by the irony that Huck is only allowed to join Tom’s ‘band of robbers’ if he goes back to the widow and becomes ‘respectable’. A possible implication of this is that no one would suspect a ‘respectable’ person. The society would straight away try and accuse the ‘unsivilised’ rather then point the blame on someone of a ‘respectable’ status. Therefore, in order for Huck to join the ‘band of robbers’ he must establish himself as a ‘respectable’ member of the society so as the blame won’t be pointed at him. Throughout the chapter the tone changes but particularly towards the end there is a darkness which is mainly created by the use of sounds. ‘I heard an owl, away off, who-whooing about somebody that was dead, and a whippowill and a dog crying about somebody that was going to die’, all add to the lonely mood that Huck is feeling at the time and his wish that ‘[he] had some company’. Through Huck Twain is also able to express his views of racism in American society at the time. The use of the word ‘nigger’ shows the acceptance of the term. Huck’s observation that ‘things go better’ when ‘mixed up’ seems to refer to the racial segregation. Twain is perhaps portraying his view that society would be a better place if we all ‘mix up’ and ‘swap around’. As the society in which Huck is being bought up in slowly attempts to ‘sivilise’ him, Huck’s character and values seem to grow stronger. As he fights against the society that is attempting to take away his individualism, Huck is determined to stay true to himself and tell the truth, with as little ‘stretches’ as possible. How to cite Huckelberry Finn – Chapter 1 Commentary, Papers

Domestic Violence free essay sample

Domestic violence is defined as acts of physical and/or psychological violence committed by one partner or on to another. Though committed by both sexes, men commit the majority of domestic violence acts. While efforts have been made to prevent men from engaging in domestic violence, these efforts have yet to make a major effect on the rates of violence against women. This is because these efforts often involve reversing long-held cultural and societal beliefs. Given this situation, violence against women will likely continue despite best efforts to decrease women’s vulnerability to such acts unless male risk factors and protective factors are addressed. While general risk factors exist, such as age and familiarity with the person, the majority of perpetrators have adopted behaviors, either learned behaviors or societal beliefs that increase their likelihood of committing domestic violence. Previous acts of violence against women is often the biggest predictor of whether or not a man will commit an act of violence. A proud Fort Harian should have a strong understanding of the social issues around the world ,not only that directly affect him/her but which are affecting societies . In the movie the debaters understood the social issues which were designed to segregate communities. James Jr has seen the raving effects of racism all around him and longs to live in a future where no one must be in fear simply because of the color of their skin. A socially engaged scholar is another theme shown. The movie explores the social constructs in Texas during the Great Depression including not only the day to day insults and slights African Americans endured but also a lynching for the fact that the debaters were socially engaged in these societies have a clear understanding of what was really going on. 2. The concepts acts as a basic foundation for all students to follow a certain way of acting as an academic student but due to the act that most of my group members do not follow the guidelines of becoming proud Fort Harians, they are just students on fort hare but they are not part of it hence they do not actively participate in Fort Hare activities thus we conclude that we are not proud Fort Harians 3. James Jr Speech was a clear reflection of what he personally encountered through his journey with the debate team and Mr. Tolson. The Great Debaters doesn’t not shy away from showing the humiliation and persecution of blacks in the Jim Crow South. In Texas they lynch negroes after all he came across James Jr and his teammates were full of fear and shame . Tolson was an organizer at the same time a teacher thus his personal experiences directly affected James. When James Farmer Sir accompanied by is family including James Jr accidentally runs over a pig ,is humiliation at he hands of he owner directly affected James Jr. Tolson driving home from a debate with his students comes upon a lynching . His argument was that violence should not be used in order to resist but civil disobedience. 4. In the first umthamo an African scholar was required to think critically,to analyze the information not just to swallow it but in the second umthamo he African scholar is required to engage in social activities ,to actively participate for the betterment of societies, to learn more about the surroundings and to contribute to their communities and so being a proud Fort Harian. . Armah is trying to highlight the fact that if people are awakened they are brought to reality and making them observe their surroundings and that means moving external forces that numb the effects of the outside world . This however should be done in a slow and cautious manner as to remove all the side effects of the sedative, doing it otherwise will not ensure a full awakening process but may redirect them back to being ‘unawakened. 6 . African leader should have the knowledge and experience of the paths we all need to travel on thus these leaders are all the same because heir style of leadership tend to produce communities that entirely depends on them, the problem is that when they go the communities are left at stake ,therefore there is need to change peoples attitude so that they cannot wholly depend on leaders. Methods of sharing knowledge of goals and paths should be identified so as to meet the ever-changing societies rather than to depend on leaders, most of the African leaders have excessive powers and their knowledge is kept as secrets, because they saw knowledge as a source of power but it is only used for their own good instead for the betterment of societies hence the knowledge is not distributed so as to transform societies African leaders found that the powerless are their source of power so they is no need to empower them, they are afraid that if they empower the powerless they would be nobody beneath them bearing them up. People tend to believe in rainmakers so African leaders use their power and knowledge to exploit their ignorance for cheap popularity. 7. Life ,Knowledge and Action main goal is to restore the relationship between the way students think and the action they take with regard to the understanding of knowledge . The black nation tolerates living under the shadow of the leaders because we tolerate he unjust and people do not want o contribute for the betterment of societies The poem also took into account African scholars who took heir knowledge that they acquired from different sources and applied it to the betterment of the societies they were engaged in and people need to take a stand and bring change, black people needs to be one. . Awakening can be achieved by self determination, rebirth and reinstatement of the positive values, knowledge and beliefs of the societies. Values are of great importance and should not be taken for granted. 9. Life ,Knowledge and action facilitates the values of humanity, knowledge and understand of the real world and also to be able to be critical thinkers ,strong writers and to be socially engaged scholars. .