Riordan Manufacturing: Financial Analysis

AbstractThis paper provides comprehensive information about the overall pecuniary status of Riordan Manufacturing; a detailed analysis of the corporation?s current accounting information systems; and an overview of the information and management systems that should withdraw connections to the main accounting information system. In addition, the end so-and-so of this report is to provide a suggested course of action for Riordan Manufacturing and the federation?s management accounting information system. BackgroundRiordan Manufacturing, Inc. is an industry attractor in the field of tractile injection molding. With state-of-the art carriage capabilities, we create innovative plastic designs that have earned world-wide acclaim. circumspection to detail, extreme precision and enthusiastic quality manoeuvre are the hallmarks of Riordan Manufacturing. With facilities in San Jose, California, Albany, Georgia, Pontiac, boodle and Hangzhou, China, we have the capacity to run into your bizarre needs. Riordan Manufacturing is wholly owned by Riordan Industries, a dowery kB enterprise. (Apollo Group, Inc., 2009)The company was founded by Dr. Riordan, a professor of chemistry, who had obtained several(prenominal) patents relative to bear on polymers into high tensile strength plastic substrates. Sensing the commercial applications for his patents, Dr. Riordan started Riordan Plastics, Inc. in 1991. Initially, the companys focus was on look into and development and the licensing of its active patents, but in 1992 Dr.

Riordan obtained venture chief city which he used to purchase a fan manufacturing rig in Pontiac, MI. At that time, the companys name was chan ged to Riordan Manufacturing, Inc. In 1993, ! the company grow into the takings of plastic beverage containers when it acquired a manufacturing plant in Albany, GA. The companys well-nigh recent expansion took place in 2000 when it candid its feats in China. At that time, the entire fan manufacturing operation was moved from Michigan to China and the Pontiac, MI facility was retooled for the conciliate of... If you want to wash up a full essay, order it on our website: OrderEssay.net

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