Air New Zealand
Air New Zealand is the country’s international carrier and national airline. The four principles of operations for Air New Zealand are variance, change, reality and organization. The company should focus on real problems that can be resolved. Variation can include developing new directions through trial and error. Changes may include the addition of new regular routes based on user requirements. A clear organization is necessary for further growth and development. The four branches of accounting include corporate, public, government, and forensic records (Singh, 2021). Corporate accounting is necessary for compliance with tax laws and external reporting. Public accounting for the company consists of reporting to individuals and corporations that own the aircraft. The company has already developed in the context of the report to the federal authorities. Forensic accounting is necessary for the reconstruction of financial data.
Nestlé New Zealand
Nestlé in New Zealand is a major offshoot and brand ambassador. To be successful, it is necessary to focus on the four principles of the operation: foundations, accountability, manageability and success. The effectiveness of the company according to the principle of fundamentals should be based on the preservation of existing developments and the introduction of new technologies. Accountability must be fundamental to large scale production and product quality control. Manageability concerns ensuring employee satisfaction and effective branch’s directing. Success must be maintained, as Nestlé is a sustainable brand. Accounting should focus on product quality, price control, supply chain sustainability and the development of new production methods.
Salvation Army
Salvation Army in New Zealand is struggling with spiritual issues, social hardship and poverty. For an organization to function successfully, it needs to focus on reality, cause-and-effect relationships, modesty, and change. The principle of reality in Salvation Army should be fundamental: the organization should be based on solvable problems, choosing non-versal tools. Relying on cause-and-effect relationships will allow the organization to solve the root of the problem, rather than eliminate the consequences. Modesty is the key to continued success, forcing Salvation Army to focus on a narrow range of issues. Changes include analyzing the situation and finding new ways to address social issues. Accounting should be based on performance monitoring, employee oversight, public reporting and effectiveness metrics.
Reference
Singh, S.K. (2021). Corporate Financial Accounting. SBPD Publications.