Bellacrema Espresso Machines

Paper Summary:

This paper discusses the startup of a company that will manufacture espresso machines and relates that accounting will play a significant role in the startup process. The paper then identifies the types of work characteristics that will be looked for in the new business' accounting staff and reveals the internal controls the founder wishes to build. the paper also explains how the managers will use financial information.

From the Paper:

"The name of the business is Bellacrema Espresso Machines. The name means "beautiful crema", crema being the rich head on a shot of espresso. The company is a manufacturer of high-end espresso machines and accessories. The company is going to manufacture the machines by hand in Italy, where there is an abundance of industry talent available, and will have sales offices in Italy and the US. There will also be a training center and cafe at a showroom outlet in Seattle, adjacent to the main distribution facility."

Sample of Sources Used:

• No author. (2008). Developing an Internal Control System. PriceWaterhouseCoopers. Retrieved October 3, 2008 from http://www.allianceonline.org/FAQ/financial_management/what_is_internal_accounting.faq
• No author. (2008). Business Structures. Internal Revenue Service. Retrieved October 3, 2008 from http://www.irs.gov/businesses/small/article/0,,id=98359,00.html

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