Tuesday, August 28, 2012

Carpet Drying Techniques


If your carpeting has received some water damage you need to know what to do for the best in order to dry it out and minimize the damage.

Your carpets will in all likelihood have some kind of padding underneath and this pad provides a cushion and gives your carpet that springy feel when you walk upon it. Unfortunately being spongy these pads soak up water quickly, it is these rather than the carpet fibers themselves that collect the water.

You should never leave acarpet to dry by itself if you have had a large spillage of fluid on to it, small spills are fine, as long as you use something such as paper towels to soak up the excess, and give the affected area a thorough clean afterwards. However, waterlogged carpets should not be left to dry by themselves, because they will not, and all that will happen is that mold will grow and before you know it you will have to replace the entire carpet.

To thoroughly dry the padding many commercial and professional carpet drying companies will need to separate the padding from the carpet fibers, once this has been done, powerful fans are utilized in order dry the carpet fibers and padding before the dreaded mold and mildew gets a chance to form.

Of course even a professional carpet cleaning company cannot always save your carpet, and this especially applies to situations where the carpet has been contaminated by so called “black water”, this is water that contains sewage for example. This is a situation that calls for the carpet to be replaced as it is too much of a health risk, if you have “grey water” which is water from a washing machine or shower for example then you will need to dispose of the pad but the carpet fibers can be cleaned and saved.

So depending on what kind of flooding you have suffered there is a good chance that you will be able to keep your existing carpet rather than have to pay for a new one.




Friday, August 24, 2012

The Taboo of Body Modification

mmmm scarification!
mmmm scarification! (Photo credit: Wikipedia)

As I have touched on before, not many people in the business world can get away with body modification as it is still seen in a bad light. You will perhaps glimpse the odd tattoo or ear piercing in the business community, but for the most part anything else needs hidden under the shirts and suits! However, while I do believe that it can work against you in the business world, that doesn't mean I am not more than a little bit intrigued by it. Some of the more extreme types of body modification are like works of art. Take scarification as an example. At the most basic level it is simply cutting or scratching the skin to leave an intentional scar, but at its best it is an intricate as any tattoo. Many individuals even choose to have ink applied to the design before it heals over to add color. While this is seldom as vibrant as a tattoo it can still look great. Alternatively an tattoo can be applied once the scarring has fully healed. It can take up to 2 years to complete and heal a scarification.

Similarly, branding is also becoming popular. It also involves the removal of skin, but in this instance the skin is actually burned away in designs resulting in a much darker color of scarring. This is perhaps among the most painful of all body modifications. Both scarification and branding are definitely not suitable for the business world if they are in full view, but if it is your thing and you can cover it with your clothing then it is a personal choice. So whether it is needles and ink or branding irons and surgical blades a general rule of thumb for the world of business is that it must be unseen when wearing short sleeves.

Tuesday, August 21, 2012

Understanding Audit Procedure


Auditors make a note of any "material" discrepancies in the organization's financial statements. Auditors employed by Audit Agencies need to adhere to Generally Accepted Governmental Accounting Standards (GAGAS), as provided by the General Accountability Office. Auditors may be liable to 3rd parties who are damaged by making decisions based on information in audited reports. Auditors have to research whether or not the evaluation findings are crystal clear and bring about actions that make certain continuous development of the sustainability management process.

Audits can last from several days to several months and will vary depending on the unit’s size, complexity, and the specific audit objectives. Audit companies that supply audit/attest products and services to nonpublic customers are susceptible to peer assessments performed according to appropriate AICPA standards, and audit businesses that provide audit/attest services to public customers are at the mercy of investigations performed by the PCAOB. Audit firms are usually CPA firms and/or public accounting firms. Audits provide the highest degree of assurance for evaluators. Audit is not a path for the faint of heart. Audit followup is an integral part of good management, and is a shared responsibility of agency management officials and auditors.

Internal Audit meets with the auditee to discuss the audit scope and subsequent audit steps. Internal auditors should inform audit committees of significant issues communicated to management and management's response. Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve the university's operations. Internal auditing performed in many different ways and there are a variety of models that may be applied to discharging the audit role. Internal auditing offers goal assurance on the performance of internal processes and answerability to the people in charge of governance in the corporation.

Audits can last from several days to several months and will vary depending on the unit’s size, complexity, and the specific audit objectives. Audits can be more efficient, saving labor time spent on routine calculations. Audits are an important administration tool to be utilized for verifying objective proof of procedures, to evaluate how effectively procedures are actually put in place, for figuring out the effectiveness of accomplishing any defined target levels, to supply proof with regards to decrease and reduction of trouble spots.

Audit committees typically review financial reports quarterly and annually in publicly traded companies . Audit committees typically approve selection of the external auditor . Audit committee members are classified as either outsiders or affiliated. An audit committee member is affiliated if she is a company employee or if she is a ‘grey’ director. Audit committees should ensure the independence of the internal audit function, as the auditors may provide more complete information to the committee when they are free from management's influence. Some audit committee chairs have taught internal auditors to adopt a positive approach to assisting administration comprehend emerging dangers and also the impact they've already had within the organization in the foreseeable future. Internal auditor is appointed by the Audit Committee of a company and its job is to detect and prevent fraud, to increase efficiency and effectiveness of the resources and to identify/manage risks and to ensure the company's internal control is working properly.

Monday, August 20, 2012

Dealing With Water Damage in Commercial Buildings


If your commercial property suffers a burst pipe, a flood or if the sprinkler system is flooded it can cause a massive amount of damage to your building, your documents, wiring, elements and everything else contained in the building. If your business require you to house your customers' property the you may end up having to cover the cost of replacing anything that is lost or damage due to the water damage. Water damage in any commercial property an be financially devastating and I highly recommend getting flood insurance.

Floods which are a result of hurricanes or heavy rainfall can cause water to flood two or more floors depending on the severity of the weather conditions, it can also ring in debris from outside. This includes matter carried form the street, rivers, creeks and sewers. Water damage can be devastating both in terms of the damage and financially. It may be too dangerous to allow people to enter the building following a flood because there could be structural damage and if the power is still on there could be loose wiring which is still live making it even more dangerous. As a business owner you have a duty of care to both your employees and your customers. You will need to ensure that the power is turned off even before any professional flood clean-up services enter the property.

Once the building has been made safe, your insurance provider can come in to assess the damages before anything is fixed. However, some flood services will actually help you through this process and often your insurer will actually accept verified evidence from an expert to confirm the damage sustained to the property. It is important that above all else you take safety precautions to minimize not only the damage to the property but also to ensure the safety of those you have a responsibility too in terms of your business.

Wednesday, August 15, 2012

Why Perform An Energy Audit?

BioEthanol for Sustainable Transport
(Photo credit: Wikipedia)

In today's environmentally friendly society businesses are under increasing pressure to be 'greener'. One way to do this is by performing an energy audit. Not only will becoming more energy efficient make you greener, but you will enjoy a nice little saving on those utility bis as well.

Our flagship office is actually being remodelled right now and we are hoping to make the building itself greener by using building materials from sustainable sources and by ensuring that it is well insulated to cut down on heating bills. It was our contractor who first got us turned on to energy audits. He suggested periodic energy audits before during and after the remodelling work to make sure things were going according to plan. It is important to set a goal to achieve and use the audits to chart your progress towards it. The audit can actually reveal hidden ways that your property I losing energy. So whether you need to make sure your HVAC is working properly or finding out where electricity is wasted the energy audit can make everything clearer for you.

A lot of this also applies to residential property. In fact, when you think about it, performing an energy audit and acting on the findings must be a viable way to raise the value of your property. I only wish I had done it sooner! Think of all the money I could have been saving on my energy bills all these years. I urge you to call in an energy audit professional today for your home or place of business and see how much you could be saving on your monthly outgoings!

Friday, August 10, 2012

The Benefits of IT Auditing

Organisation
Organisation (Photo credit: Sean MacEntee)

IT auditors regularly end up teaching the business community regarding how their work contributes worth for an organization. Internal audit divisions generally provide an IT audit element which can be implemented with a distinct perspective on its role within an organization. On the other hand, in our practical experience as IT auditors, the broader world of business needs to be aware of the IT audit function s o that they may realize the overall benefits.

Specifically, IT audits will cover a huge variety of IT processing and communication aspects including client-server systems, operating systems, security packages, software applications, management procedures, web services, disaster recovery planning and so much more. The actual sequence of an IT audit will always begin with identifying risks, followed by an assessment of the design of controls and culminating in testing the effectiveness of those controls. The most skilful auditors are able to add value at each stage of the process.

I have listed the five key areas where I feel IT auditors are able to add value to an organization. The quality and depth of the audit itself is important when it comes to adding value, but the planning is also highly important. Without a clear idea of which processes and risks are to be audited, success cannot be assured.

So here are my top five ways that an IT audit adds value:
  1. Reduces risk. The planning and execution of an IT audit consists of the identification and assessment of IT risks in an organization.
  2. Strengthen controls (and improve security). After assessing risks as described above, controls can then be identified and assessed. Poorly designed or ineffective controls can be redesigned and/or strengthened.
  3. Comply with regulations. Wide ranging regulations at the federal and state levels include specific requirements for information security. The IT auditor serves a critical function in ensuring that specific requirements are met, risks are assessed and controls implemented.
  4. Facilitate communication between business and technology management. An audit can have the positive effect of opening channels of communication between an organization's business and technology management. Auditors interview, observe and test what is happening in reality and in practice. The final deliverables from an audit are valuable information in written reports and oral presentations. Senior management can get direct feedback on how their organization is functioning.
  5. Improve IT Governance. The IT Governance Institute (ITGI) has published the following definition: 'IT Governance is the responsibility of executives and board of directors, and consists of the leadership, organizational structures and processes that ensure that the enterprise's IT sustains and extends the organization's strategies and objectives.'

Tuesday, August 7, 2012

How Computers Have changed Business

Computer feestje
Computer feestje (Photo credit: arneheijenga)

Computer systems are among the wonderful innovations attained through the entire world. Information technology has made a huge impact around the globe in terms of its various uses. Now computer systems are employed by numerous industrial sectors, organizations, companies, in a number of different fields including education, construction and healthcare by individuals across the entire world. Information technology has made it easier for man to scale back the work load they have to contend with because they are capable of performing the task in a short time.

The running of all of the systems and applications in computer systems is completed with the assistance of software programs. With the development in the field of technology there are a variety of software packages being produced and developed by several IT industries for just a particular use. A few of the types of the software now available are security software, inventory management programs, audit software and plenty of others.

Auditing is usually a strategy employed for examining books of company accounts, receipts, vouchers and other associated paperwork and documents to obtain a accurate and honest view of the balance sheet and profit and loss accounts of your business. Audit is the word used for the process and it is derived from a Latin term 'audire' which roughly translated means to hear. Auditing progressed swiftly following the industrial revolution which introduced many new industries and corporations. Because the large numbers of businesses emerging was significant in number, the companies act in different areas made the auditing of company accounts mandatory. In earlier times the auditor used to listen for the company accounts read through by the accountants in an effort to examine them and appraise the accurate and honest view as well as actual physical examining of books of accounts and other associated papers and records. However in this contemporary age, often refer to the computer age, auditing is performed with the assistance of audit software. In previous times the goals of auditing were that the accounts be 'true and correct', but because the volume of organizations increased swiftly the goals of auditing shifted to individual targets.

Nowadays companies have begun keeping the books of company accounts and are also holding it in computers. Audit software has assisted the auditors to obtain a more accurate and up to date view of the company's accounts. It was quite challenging for the auditors to evaluate all of the paperwork, invoices, voucher and so on as well as every in depth financial transaction when records were on paper. But by using audit software all of this has been made easy. How much time and hard work are spent by the auditor verifying the paperwork is substantially minimized with the assistance of the audit software.