MZUMBE UNIVERSITY SCHOOL OF BUSINESS DEPARTMENT OF ACCOUNTING AND FINANCE PROGRAMME: MSC. ACCOUNTING AND FINANCE COURSE: AUDITING AND ASSURANCE SERVICES CODE: ACC5221 NATURE: TERM PAPER STUDENT NAME: HAMAD OTHMAN RUBEA REG NO: MSC/AF/MOR/010/T.12 LECTURER: MR. KASHESHI TASK: Discuss the business risk that may face any organization and the Auditors concern about these risks. DATE OF SUBMISSION AND PRESENTATION: 17th DEC 2012 TABLE OF CONTENTS Pages 1.0 NTRODUCTION ...................
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AUDIT PLANNING AND CONTROL 1.0 LEARNING OBJECTIVES After studying this chapter‚ readers should be able to understand: ! The general concept of audit strategy. ! The Importance of audit strategy as an effective plan for an audit. ! Internal control systems‚ evaluation and assessment. ! Audit documentation. ! Relationship with experts. ! Audit risks and its relative importance to audit. ! Components of audit risks. ! How to assess audit risks. 1.1 INTRODUCTION Auditing has developed over many years
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this assignment Naranj Restaurant which is one of the most distinguished restaurants in Jeddah. All those who like the eastern Syrian style‚ it would draw their attention the moment they see its façade decoration. The design looks quite flexible allowing for two accesses to the interior space. The main door is a very wide wood and glass door divided into two parts‚ one with steps for walking people and other with a ramp for strollers and people with special needs. The restaurant attracts visitors of
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Post completion audit aims to evaluate the efficiency and effectiveness of the capital budgeting decision that the management has implemented. It compares between the planned and the actual outcome‚ costs and the use of resources‚ results and benefits. It contains all assumptions that were made during the decision-making period. It is one of the ongoing continuous processes through which the organisation learns and improves. Recent research suggests that capital budgeting involves far more than
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WHO makes small talk? People with many different relationships use small talk. The most common type of people to use small talk are those who do not know each other at all. Though we often teach children not to talk to strangers‚ adults are expected to say at least a few words in certain situations (see where). It is also common for people who are only acquaintances‚ often called a "friend of a friend"‚ to use small talk. Other people who have short casual conversations are office employees who
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able to operate effectively. In order to run a restaurant math plays an important role in a lot of different areas. For instance the items on the menu may change due to the way it sells. Bookkeeping and math allow you to both figures out what items are profitable and what items are selling. The business world revolves around math‚ from profit and loss statements‚ to graphs‚ to taxes. Everything in business requires mathematics. Owning a restaurant is no different then any other field of business
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Small is Beautiful The word ‘small’ represents what is minor or of minimum importance but small can also be beautiful. For instance ‘smile’ is a five letter word‚ a small word as you may see it‚ but is of great importance. Smile is a beautiful thing. It brings cheer and happiness in one’s life‚ it helps one to stay fit and healthy not only mentally or emotionally but physically too. Smile brings joy and tenderness in one’s heart amidst various amounts of sorrow‚ tension and turmoil. Not only does
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Henry Bonilla Mr. Puglisi ESL 33X 1 July 2013 The Restaurant that I’m Going to Own It has always sounded extraordinary exiting to me to build my own restaurant. I can picture in my mind exactly how it would look and feel to my customers. I will be able to put my personality into my restaurant. I am thinking now about my restaurant’s interior‚ exterior‚ and‚ of course‚ menu. The interior of the restaurant that I am going to own its going to be big and spacious with an extra room for
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1. Role of Internal Audit 1 2. Introduction and Purpose of this Strategy 1 3. Acknowledgements 1 4. Audit Approach 2 5. Audit Working Procedures and Practices 3 The Audit Toolbox 3 Audit Reporting 5 6. Internal Audit Assistance in UWCN Risk Management 5 7. Fee-Earning Work 5 8. Links To Institute of Internal Auditors (IIA) and Other Bodies 6 9. Staffing 6 10. Operational Plan 2001/02 7 11. Strategic Plan 2002/05 10 12. Annex A Key Risks 21 13. Annex B - Audit Universe 29 14. Annex
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Cowgirls Steakhouse will be fun‚ country style restaurant that serves southern comfort food. It will be located right in the heart of Austin‚ the capital of Texas. The goal of the restaurant is to make every guest experience a great and exciting one and to serve good quality food at an affordable price. It will be a great place for almost any occasion because we will accommodate big parties and provide excellent service while making the experience memorable. The atmosphere of Cowgirls Steakhouse
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