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 strike connections to the main accounting information system. In addition, the end butt of this report is to provide a suggested course of action for Riordan Manufacturing and the partnership?s management accounting information system.
BackgroundRiordan Manufacturing, Inc. is an industry attraction in the field of tractile injection molding. With state-of-the art bearing capabilities, we create innovative plastic designs that have earned world-wide acclaim. Attention to detail, extreme precision and enthusiastic quality manoeuvre are the hallmarks of Riordan Manufacturing. With facilities in San Jose, California, Albany, Georgia, Pontiac, Michigan and Hangzhou, China, we have the capacity to run into your unique needs. Riordan Manufacturing is wholly owned by Riordan Industries, a dowery 1000 enterprise. (Apollo Group, Inc., 2009)The company was founded by Dr. Riordan, a professor of chemistry, who had obtained several(prenominal) patents relative to processing 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 existing 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 changed to Riordan Manufacturing, Inc. In 1993, the company grow into the production of plastic beverage containers when it acquired a manufacturing plant in Albany, GA.
The companys most 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...
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