"Explain why industry knowledge is so important to an audit engagement team identify risk factors commonly posed by companies in high tech industries" Essays and Research Papers

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    IPRs‚ Tech. Transfer and Diffusion Universidade do Minho 2011-2012 Teacher: Ana Paula Faria (apfaria@eeg.uminho.pt). Student: Rosario D’Auria Erasmus student: E4407 Email: rosar.dauria@gmail.com Phone: 927672892 Assignment #2 – HIGH TECH INDUSTRIES AND KNOWLEDGE INTESIVE SERVICES Due date: 17-NOV-2011 It doesn’t exist a single authoritative methodology to define high-tech industries. The organization for Economic Co-operation and Development (OECD) identifies high-tech industries based

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    Identify Industry

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    •  First‚ let us group the industries – several groups with broadly similar attributes : •  Financial Industry o  Commercial Banking Identify  the  Industry •  Retail Industry o  Retail Grocery Store •  High-technology industries o  Computer Software o  Pharmaceutical Preparations o  Semiconductor Manufacturer •  Service Industry •  •  •  •  •  IT Service Provider Mobile phone service provider Commercial airline Integrated Oil and Gas Liquor producer and distributor •  Capital

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    Identify the Industries

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    Introduction This paper aims to analyze the common-sized balance sheets and ratios of 12 companies in order to identify their respective industries (Please refer to the Appendix for an overview of the financial data). The balance sheets of the 12 companies are analyzed in four steps‚ as shown in the following table. Step Industry Common Characteristics Companies 1 Service  Almost no inventories  Inventory turnover negligible  Major passenger airline  Regional bank  Temporary office

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    Identify the Industry

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    Industries in the case can be organized into five groups consisting of A. Financial industry High receivables (loans) and payables (deposits‚ other loans)‚ little inventory Commercial banking (2) 2 has the highest receivables and payables (both note payable and account payable). It has no raw materials‚ work in progress and finished goods‚ which are characteristics for a bank. B. Retail industry Lots of inventory‚ low gross profit percentage Retail grocery stores(1) 1 has the lowest

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    Identify the Industries

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    ----Specialty retailer Industry 2. Commercial banking ----Commercial banks Industry 3. Pharmaceutical preparations ----Pharmaceuticals Industry 4. Commercial airline ----Aerospace and defense Industry 5. Computer software ----Network & other comm. Equip. Industry 6. IT service provider ----Internet services and retailing Industry 7. Liquor producer and distributor ----Beverages Industry 8. Integrated oil and gas

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    RISK FACTORS ASSOCIATED 1) Existing electric utility industry regulations‚ and changes to regulations‚ may present technical‚ regulatory and economic barriers to the purchase and use of solar energy systems that may significantly reduce demand for your solar energy systems. 2) The expiration‚ elimination or reduction of these rebates‚ credits and incentives would adversely impact your business. 3) If the Internal Revenue Service or the Treasury Department makes additional determinations

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    Top 7 trends in high tech industry® ® White Paper Top 7 Trends Transforming the High Tech Industry Contents Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Top 7 Trends Transforming the High Tech Industry . . . . . . . . . . . . . . . . .

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    AUTOMOBILE INDUSTRY IN UK United Kingdom has been a colossal manufacturer of automobiles in last 10 years. Producing more that 8 million vehicles and engines and exporting more than 80% of these‚ UK automobile industry stands as a driving force of its economy. The automobile industry generates a yearly turnover of around 55 Billion Pounds and largest value from exports. Nevertheless‚ the country that has automobile players like‚ Alexander Davis‚ Aston Martin‚ Bentley‚ BMW‚ Ford‚ Honda‚ Jaguar‚

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    Introduction This report will analyse the overall situation facing the Lucky MT company. Before the actual report‚ a brief analysis is needed in order to introduce the current situation of the company. Lucky MT is an Electronic Manufacturing Services (EMS) business located in Singapore. It started as a joint venture between two American companies TelNet and MedTech. In the first couple of years of its existence‚ the company faced the difficulties that occur to a lot of joint ventures‚ such as wage rates

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    Hospitality Industry Knowledge 1. List six sources of current industry information: - Media: Such as newspapers‚ television‚ magazines and radio. The media publicises current information‚ trends developing and any government initiatives. - Customers: By doing customer questionnaires this can inform enterprises as to what they need to improve‚ as well as which staff are working well. - Information services: For example the Australian Bureau of Statistics and Tourism NSW (all these services

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