"Misstatement In Prospectus" Essays and Research Papers

Misstatement In Prospectus

The definition given by Section 43(2) of the companies Act 1963 of a prospectus is “any prospectus, notice, circular, advertisement or other invitation, offering to the public for subscription or purchase any share or debentures of a company.” Ussher observes that the primary objective of the initiave is shareholder protection and the “chief weapon” available to the authorities in ensuring this is the compulsory disclosure of material facts upon the occasion of any invitation to member of the public...

ACT, Cause of action, Contract law 1489  Words | 4  Pages

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Negligent Misstatement

breach, and lastly is to determine whether the losses were an equitably foreseeable consequence of the defendant’s actions. CONTENTS Negligent misstatement refers to a representation of fact that been carelessly made, which is relied on the plaintiff to their advantages (O’Riordan, 2007, p.1). In 1964, the tort of negligent misstatement has been established and it has gained more recognition in this decades. It covers opinions and reality statements made by negligence. However, the tort...

Common law, Contract, Duty of care 2204  Words | 6  Pages

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Negligent Misstatement

Charlie and/or Harley able to take any action against Max? This essay will discuss the requisite elements for establishing negligent misstatement and the issue of liability to third parties. This area of business law is supported by a number of cases, which have established and clarified the factors required to mount an argument for damages based on negligent misstatement. Specifically, the essay will argue, with reference to relevant case law, that, in the scenario provided, there is sufficient evidence...

City of Parramatta, Common law, Damages 1988  Words | 6  Pages

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Planning Materiality and Tolerable Misstatement

Audit Manual Excerpt: Materiality Guidelines-- Planning Materiality and Tolerable Misstatement Planning Materiality This section provides general guidelines for determining planning materiality and tolerable misstatement for audits performed by Willis & Adams. The application of these guidelines requires professional judgment and the facts and circumstances of each individual engagement must be considered. Statement of Financial Accounting Concepts No. 2, “Qualitative Characteristics of Accounting...

Accounts receivable, Asset, Balance sheet 1514  Words | 5  Pages

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Different Type of Prospectus

Prospectus Meaning The term Prospectus’ under Section 2 (36) means any document described or issued as a prospectus and includes any notice, circular, advertisement or other document inviting deposits from the public or inviting offers from the public for the subscription or purchase of any shares in. or debentures of, a body corporate. A private company under Section 3 (I) (iii) is prohibited from inviting the public to subscribe for its shares or debentures; and also prohibited to invite...

Company, Drug control law, Privately held company 1751  Words | 5  Pages

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Model of Prospectus

PROSPECTUS OF AGRAWAL’S IRON & STEEL, Ltd. The group members of AGRAWAL’S IRON& STEEL CO. Ltd have struggled hard to commence this project which involves the production & extraction of iron and steel, with a good team work we have achieved this position and we believe in team work , which means “ LESS I, MORE WE”. 1) Name of the company is, AGRAWAL’S IRON& STEEL CO. Ltd, and it registration office is in Andhra Pradesh. 2) The following are the particulars regarding the company’s...

Andhra Pradesh, Corporation, Following 560  Words | 3  Pages

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Prospectus on Immigration

Aly Anderson 11/17/12 Turkan Deperlioglu English 105 Prospectus and Annotated Bibliography In today’s day of age, Illegal immigration is becoming a huge issue. With laws constantly changing and people's views becoming more obscure about the idea, Illegal Immigration is becoming a harder issue to tackle. Illegal immigration has many issues including economic spread, population growth, political stances, and difficult immigration processes. Both sides of the political arena are fighting effortlessly...

Federal government of the United States, Human migration, Illegal immigration 1769  Words | 5  Pages

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Microsoft Prospectus

Microsoft Antitrust Prospectus Section One ----------- Microsoft, is it 'trustworthy'? A little background information on Microsoft. The history of Microsoft and (only a few of) it's operating systems. 1982, MS-DOS - Simply a renamed version of 'QDOS' (Quick and Dirty Operating System) which was purchased by MicroSoft from IBM. MS-DOS is based on QDOS which was written by Tim Patterson (working under Seattle Computer Products). MicroSoft bought the rights to QDOS...

86-DOS, Bill Gates, Microsoft 815  Words | 4  Pages

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 Cytochrome P4501A Increases Activity and Risk of Prostate Cancer Research Prospectus by: Monée Casimir Research Advisor: Dr. Nathan Bowen Department of Biological Sciences Clark Atlanta University Atlanta, Georgia Literature Review CYP1A2 expression and function was increased in smokers and decreased in patients with inflammation and cholestasis. Of 169 SNPs in 17 candidate genes including the CYP1A locus, 136 non-redundant SNPs with minor allele frequency >5% were analyzed by univariate and...

Cancer, Cytochrome P450 3530  Words | 14  Pages

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7 Prospectus Djenica Chery Professor De Marco 03/11/2013 Area of Research= Psychology Thesis= the following will reveal the psychological reinforced violence as portrayed in Poe-“The Black Cat”, Othello-“The Tragedy Of Othello”, and Emily Dickinson-“The Bustle in the House”, and the complications of perverseness, alienation and inhumanity. Rationale Psychology behavior is a broad concept. It includes all kinds of activities...

Cognition, Cognitive science, Human 498  Words | 4  Pages

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This Admission Prospectus & Application Form is valid for Amity University Uttar Pradesh Campuses in Noida, Lucknow & Dubai, Amity University Rajasthan Campus in Jaipur, Amity University Haryana Campus in Gurgaon and Amity University Madhya Pradesh CampusinGwalior. Following are instructions and details about applying for Admission. Please read them carefully. 1. OBTAINING THE ADMISSIONSPACK The Cost of the Admission Form is Rs. 1,100 /-. The Admission Form is available : A. Online atwww.amity...

Amity University, Delhi, Lucknow 513  Words | 2  Pages

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Academic degree, Bachelor of Engineering, Civil engineering 37972  Words | 147  Pages

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My research paper will compare a song called “Poetic Justice” by Kendrick Lamar and a poem called “Poor Girl” by Maya Angelou. I chose “Poetic Justice” because i like the song in general and i believe that the song has good meaning and is not like traditional rap music. The lyrics to my song are; [Intro] Every second, every minute, man I swear that she can get it Say if you a bad b***t put your hands up high, hands up high, hands up high Tell 'em dim the lights down right now, put me in the...

1992 singles, 1993 singles, 2009 singles 719  Words | 3  Pages

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Analysis of “Predicting Material Accounting Misstatements”

I chose to analyze the article called “Predicting Material Accounting Misstatements” co-authored by Patricia Dechow, Weili Ge, Chad Larson, and Richard Sloan. The authors of this article had the goal of showing its intended audience how they developed a database, recognized similar characteristics among misstating firms, and used the information gathered to develop a model to predict accounting misstatements. The subject of misstating financial statements (also know as earnings management) is a...

Accounting scandals, Creativity, Enron 914  Words | 3  Pages

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Acme Fireworks Prospectus

Acme Fireworks Prospectus Jennifer Crawford BUS 311: Business Law I Instructor: Mark A. Cohen October 30, 2014 Acme Fireworks Prospectus Acme Fireworks is a fireworks retailer that sells fireworks, puts on ground display fireworks, and large aerial displays fireworks. Acme Fireworks has been a sole proprietorship since it began two years ago. At this time the owner is receiving inquiries as to Acme Fireworks ability to create fireworks displays on a regular basis. CITATION Rog12 \l...

Business, Business law, Common law 1831  Words | 3  Pages

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A Study on the Legal Implications for Misstatements in the Prospectusin India

INTRODUCTION… When any company reaches out to the public to fund its visions, it is the prospectus that they send out –that ‘letter of offer’ that can turn dreams to reality. The prospectus could thus be visualized as the envoy of the company, sent to elucidate detailed information to woo potential investors from the general public. Countless business legends have been created, entirely because companies invited the public to subscribe to their securities or trade in existing securities, and thereby...

Appeal, Judge, Legal liability 4027  Words | 13  Pages

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Stock Market and Prospectus

Chapter 5 PROSPECTUS DEFINITION [SECTION 2(36)] • Any document inviting deposits from the public for the subscription or purchase of any securities of a body corporate. Following types of documents are prospectus: - ❑ Any document described or issued as prospectus; including ❑ any notice, ❑ circular, ❑ advertisement or ❑ other document • Ingredient to constitute a “prospectus” i) There must be an “invitation to the public”; ii) The invitation...

ACT, Bank, Corporate finance 2863  Words | 12  Pages

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A Description of Prospectus

Prompt: Paper 2 – Prospectus, Annotated Bibliography, and Research Paper A prospectus is a proposal for a possible paper topic. Think of it as an outline for your complete research paper. A prospectus is a good way for me to see that you have considered your topic carefully, have the start of a hypothesis (and sometimes thesis), and are ready to develop the topic in a more complex way. I can also give you advice and guidance that will help you make important rhetorical decisions BEFORE you...

Annotated bibliography, Annotation, Bibliography 2787  Words | 9  Pages

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Research Prospectus

Research Prospectus Outline A research prospectus is a preliminary plan for conducting a study. This is not a detailed, technical research proposal, but, rather, a considered analysis of the issues you are likely to confront in such a study. In essence, it is a preliminary proposal. In completing this task, you should be sure to consider at least the following: Research Problem. What is the research problem you are trying to solve? [A problem is a situation that, left untreated, produces...

Answer, Problem solving, Proposal 463  Words | 2  Pages

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Negligent Misstatement

Introduction It is imperative to determine whether or not the relationship between Investment Bhd (the Company) and A Bank Bhd (the Bank) is bound as a contract. Forming a legally binding agreement, or a contract, requires four elements; an offer, the acceptance of that offer, the intention to be legally bound, as well as consideration. Referring to the case of Affin Credit (Malaysia) Sdn Bhd v Yap Yuen Fui, the lack of an offer and acceptance will cause an agreement to be declared void from the...

Common law, Contract, Contract law 2291  Words | 6  Pages

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Nm Prospectus

cultural activities, E-charge, disaster management fund, exam. Fee and Enrollment fee) are non-refundable if payment is made by the college prior to the date of cancellation. iii) Fee collected for identity card and Library card, admission form and prospectus, enrollment and any other course specific fee are not refundable after the commencement of the academic term. 11 iv) All refundable deposits (Laboratory, Caution Money and Library etc.) shall be fully returned at the time of cancellation...

Academic term, College, High school 6679  Words | 38  Pages

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Prospectus Envoy Textiles Limited


Bangladesh, Bond, Initial public offering 41543  Words | 725  Pages

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Prospectus Example

How the Cubans view themselves in Western Media A Prospectus For History 299 Dr. Ganaway April 21, 2010 Introduction As a young child, I remember living in New York during the latter part of the Cold War years. In school, we had “bomb drills” in which time we got under our desks and took cover in case of a bomb or missile hitting the city. The apartment building that I lived in had a “fallout shelter” downstairs underneath the building to house survivors of...

Cold War, Cuba, Cuban Missile Crisis 1668  Words | 11  Pages

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Amity Prospectus

Sample Application Form 20. Terms and Conditions for Admission We do not accept any donations for admission. Merit is the only criteria. Any instances found, even at a later date, will lead to cancellation of admission. ADMISSION PROSPECTUS This Admission Prospectus & Application Form is valid for Amity University Uttar Pradesh Campuses in Noida & Lucknow, Amity University Rajasthan Campus in Jaipur and Amity University Haryana Campus in Gurgaon (Manesar). Following are instructions and details...

Academic degree, Amity University, Bachelor's degree 15126  Words | 72  Pages

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Introduction Organizational absenteeism is a phenomenon that exists in all organizations. Employees work in organizations designed to accomplish the goals for which the organization or business exist. McLean (2005) suggested that workplaces are established with a hierarchical structure, processes, and methods for accomplishing work effectively; and organizations are formed and staffed to achieve profitability, governance, or service goals, per the nature and purpose of the workplaces. Many...

Absenteeism, Employment, Organization 3457  Words | 14  Pages

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Issuer Issue Managers ■ ■ ■ Alliance Financial Services Limited BSRM Steels Limited South Asia Capital Limited “If you have any query about this document, you may consult issuer, issue mangers and underwriters” PROSPECTUS OF BSRM STEELS LIMITED FOR ISSUE OF 2,000,000 ORDINARY SHARES AT TK.100.00 EACH TOTALING TK.200, 000,000 Opening date for subscription November 09, 2008 Closing date for subscription November 13, 2008 For Non-Resident Bangladeshi Quota subscription closes...

Bangladesh, Chittagong, Dhaka 23462  Words | 277  Pages

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Draft Prospectus For Bidding Of UPGDCL

“If you have any query about this document, you may consult issuer, issue manager and underwriter” DRAFT PROSPECTUS For Public offer of 33,000,000 ordinary shares of Tk. 10/- each at an issue price of Tk. [●]/- each, including a premium of Tk. [●]/- per share totaling to Tk. [●]/(Indicative Price is Tk. 60/- each including a premium of Tk. 50/- per share) of UNITED POWER GENERATION & DISTRIBUTION COMPANY LIMITED Opening Date for Subscription: [*] Closing Date for Subscription: [*] For Non-Resident...

Bangladesh, Dhaka, Initial public offering 58194  Words | 146  Pages

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AUB Prospectus Highlights

Asia United Bank: Prospectus Highlights (Summary & Recommendation) RECOMMENDATION: BUY AUB at the offer price of P95/share, with a book value estimate of 58.34 – 59.24 (assuming exercise of overallotment/OA), registers a Price-to-Book Value (PBV) of 1.63 – 1.60x. Based on a 2 – 2.3x PBV range, which is the current PBV range in the banking sector, we forecast a Price Target Range of 116 – 128. Assuming full exercise of OA, Price Target Range increases to 118 – 130. The closest comparable...

Bank, Stock market 1035  Words | 12  Pages

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Megan Andrews English 111- 1pm Mrs. Richey 11/25/13 Parents Obsessions in their Children’s Sports My topic is over how parents are becoming overwhelmingly obsessed with their children's sports teams. Parents are getting in verbal and physical fights over unfair calls against their child or their child’s team. One coach reports, “She was pitching out there and all of a sudden she broke down crying,” when the coach asked her what was wrong she said, “My dad is embarrassing me to death.” The...

Child, Childhood, Death growl 714  Words | 2  Pages

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The Research Prospectus by John Latham, Phd

TH E R ES EARCH PROSPECTUS Getting the DNA of Your Research Design Righ John Latham, PhD Copyright 2005 All Rights Reserved Key Prospectus Components The Research Prospectus 1 TH E R ES EARCH PROSPECTUS Getting the DNA of Your Study Righ John Latham, PhD Copyright 2005 Introduction A research prospectus is a brief overview of the key components of a research study. These components together form the DNA of the research methodology design. The purpose is to build quality into...

Data collection, Epistemology, Qualitative research 2112  Words | 8  Pages

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Example of a Representation Letter

written to you in connection with the prospectus dated XXXXXXX 20XX, filed by [Company Name]. In that connection we advise you that since December 31, 20XX, the date of the audited financial statements and the notes thereto included in the above prospectus, there were, with respect to [Company Name] and subsidiaries: (a) No significant changes affecting the December 31, 20XX financial statements and notes thereto incorporated by reference in the above prospectus; (b) No occurrences or discoveries...

Annual report, Asset, Audit 1375  Words | 4  Pages

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UCL law prospectus

LONDON'S GLOBAL UNIVERSITY Law LLB UCAS code: M100 www.ucl.ac.uk/prospectus/law LAW LLB This three-year programme combines theory and research with practical application and skills-based training. Students may also have the opportunity, after year two, to extend their studies by a year and spend part of their degree studying abroad in the USA, Australia or Singapore. No previous knowledge of law is assumed or required. Degree summary • You will be taught by distinguished...

Bachelor of Laws, Civil law, Common law 1129  Words | 8  Pages

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Prospectus: Higher Secondary Examination


Academic degree, Bachelor of Science, Bachelor's degree 15999  Words | 70  Pages

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Oxford Brookes Online Prospectus

ACCA – Oxford Brookes University BSc (Hons) in Applied Accounting Improve your career prospects with a degree Flexible, accessible and affordable online delivery Online access to experienced mentors Building futures one success story at a time Students studying for their ACCA professional qualification have the opportunity to obtain a degree from Oxford Brookes University, one of the UK’s leading modern universities with an international reputation for teaching excellence and innovation as...

Association of Chartered Certified Accountants, Headington, Oxford 946  Words | 4  Pages

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IGNOU Prospectus 2014

STUDENT HANDBOOK & PROSPECTUS MANAGEMENT PROGRAMME 2014 School of Management Studies Indira Gandhi National Open University Maidan Garhi, New Delhi-110 068 Website: www.ignou.ac.in Price : `1,000/(`1,050/- by Post) RECOGNITION ALL INDIA COUNCIL FOR TECHNICAL EDUCATION (A STATUTORY BODY OF THE GOVERNMENT OF INDIA) DR. NAGIN CHAND ADVISOR (PC/ACADEMIC) F.No. AICTE/Academic/MOU-DEC/2005 May 13, 2005 To The Secretaries/Directors Technical Education All State Governments/Union...

Control, Indira Gandhi National Open University, Knowledge management 45927  Words | 592  Pages

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Pgd Hrm Prospectus

Postgraduate Diploma in Human Resource Management Admission Information BiMS is the largest provider of Postgraduate Diploma in Human Resource Management in the country. In collaboration with the Association of Business Practitioners (ABP-UK), BiMS offers Postgraduate Diploma programme in Human Resource Management. As a registered education institute under Ministry of Education, BiMS offers different Edexcel qualifications in Bangladesh. BiMS is the approved learning partner of Heriot-Watt University...

Academic degree, Human resource management, Human resources 729  Words | 3  Pages

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FIN 375 Week 4 Financial Prospectus Content Paper

This work comprises FIN 375 Week 4 Financial Prospectus Content Paper Business - General Business Individual Financial Prospectus Content Paper Resources: Final Prospectus Expectations Prepare the first seven components of your venture’s Financial Prospectus. The Financial Prospectus must include the information you provided in the individual assignments from Week One and Two, revised as necessary based on material covered in subsequent workshops and organized with new...

American Psychological Association, APA style, Economics 413  Words | 2  Pages

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Analysis of Ipo Prospectus of Utfsl and Ecobank Ltd

Amarteifio | |ANALYSIS OF ipo PROSPECTUS OF utfsl AND ecobank ltd | |This paper takes a critical look at the IPO prospectus issued both by UTFSL and ETI in 2008. Despite the fact that these prospectus are the base | |used by any prospectus investor to purchase newly issued shares, the required attention and care is(as we found) not usually...

Credit risk, Financial services, Interest rate risk 3730  Words | 13  Pages

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Public School Finance: Prospectus Paper

Public School Finance: Prospectus Paper Oklahoma utility companies are currently protesting the amount of taxes that they must pay. The dispute came about because of the difference between what utility companies and other commercial properties and other entities such as railroads and airlines must pay. The utility companies originally protested all of the taxes that they had to pay. They are now protesting the percentage of taxes that they must pay above what the commercial properties pay....

High school, Oklahoma, Public transport 750  Words | 2  Pages

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Ficticious Disclosure Notes to Financial Prospectus

Course Project – “notes to the financial statements” Dick's Sporting Goods, Inc. and Subsidiaries Notes to Consolidated Financial Statements 1. Significant Accounting Policies Basis of Accounting and Financial Statement Presentation - The financial statements of Dick's Sporting Goods, Inc. are prepared in accordance with generally accepted accounting principles (GAAP). Expenses are recorded when a liability is incurred and revenues are recorded when earned, regardless of the timing...

Asset, Balance sheet, Corporate finance 2131  Words | 7  Pages

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Agriculture Insurance in India , Problems and Prospectus

Agricultural Insurance in India Problems and Prospects Agriculture production and farm incomes in India are frequently affected by natural disasters such as droughts, floods, cyclones, storms, landslides and earthquakes. Susceptibility of agriculture to these disasters is compounded by the outbreak of epidemics and man-made disasters such as fire, sale of spurious seeds, fertilizers and pesticides, price crashes etc. All these events severely affect farmers through loss in production and farm...

Agricultural economics, Agriculture, Crop insurance 2197  Words | 6  Pages

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Ui Prospectus

UNIVERSITY OF IBADAN POSTGRADUATE SCHOOL GUIDE TO ADMISSIONS 2012/2013 1 When the roll is called of those who deserve resounding success by their hardwork and devotion You surely will answer ‘aye’! But the race is not always won by the best horses Accidents do occur, It is the wish of the Postgraduate School that the efforts of most of you be crowned with resounding success in the quest for truth and knowledge in the Nation’s Premier Institution of Higher Learning. • LINKS  E-mail:...

Academic degree, Bachelor's degree, Doctorate 23639  Words | 99  Pages

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Auditor's and Director's Liability to Third Party

responsibility to represent financial statement as a true and fair as different types of parties like shareholders, investors ,tax authorities , government bodies are depending on it. However, in these scenario, as an investor i have relied on prospectus was signed by directors and internal auditors and experienced a financial losses. Under the following indian legislations and cases i can sue the directors and auditors. a)Firstly I can sue the auditors Legislation: under section 227 of Indian...

Audit, Financial audit, Government 459  Words | 2  Pages

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Prospectus on Upsc

ABOUT CIVIL SERVICES The Civil Services Exam popularly known as IAS Exam is conducted by UPSC (Union Public Service Commission) every year. It is a combined exam to recruit officers into Indian Administrative Service (IAS), Indian Foreign Service (IFS), Indian Police Service (IPS), Indian Revenue Service (IRS), Indian Audit and Accounts Services, Indian Railway Traffic Service (IRTS) and several other GROUPA&GROUP B Central services. All India Services officers i.e., IAS and IPS officers are given...

All India Services, British Raj, Civil Services Examination 3245  Words | 12  Pages

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team prospectus

Go White WRA 110 Section 14 November 11, 2013 Primary research question: How does Microsoft affect our life? Our primary research question is ‘how Microsoft affects our life?’ In order to answer this broad question, our group divided it into 4 pieces. First of all, we have to know Microsoft well before we can talk about it. Therefore, the history of Microsoft seems necessary for the research. After that, we can discuss about the impact Microsoft’s products have on our life in 3 big aspects, daily...

Microsoft, Microsoft Office, Microsoft Windows 3514  Words | 8  Pages

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Ku Prospectus

INTRODUCTION University of Karachi, founded in 1951, is one of the oldest institutions of higher learning in Pakistan. It offers rigorous and vibrant Graduate and Postgraduate degree programs in the fields of Arts, Business Management, Islamic Studies, Law, Medicine, Pharmacy, Science, Education and Engineering. The research and teaching programs are supervised by more than 1000 qualified faculty members. These postgraduate programs are being offered in 56 teaching Departments and 26 Research...

1917, 1925, Academic degree 4076  Words | 16  Pages

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Contents of Prospectus

Hello everyone, it seems that all the warnings were real, the use of WhatsApp cost money from summer 2012. If you send this string to 18 different on your list, your icon will be blue and will be free for you. If you do not believe me see tomorrow at 6 pm ending WhatsApp and have to pay to open it, this is by law This message is to inform all of our users, our servers have recently been very congested, so we are asking your help to solve this problem. We require our active users forwarded this...

360  Words | 2  Pages

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Company Law

committing this offence, the officer will be liable to default penalty of one thousand ringgit. * Section 46 Companies Act 1965 S46 is about civil liability for misstatement in prospectus. When a company issues its prospectus and the information in it is untrue, the users of the prospectus who relied on the information in the prospectus can sue the company for the misleading information and for causing loss. The court will lift the corporate veil to find out who had issued the false statement and...

Company, Corporation, Corporations law 2061  Words | 6  Pages

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Worksheet — Summary of identified misstatements Entity Period ended 335 Page 1 of 2 Objective: To document misstatements identified during the audit and to evaluate: - The effect of identified misstatements on the audit. - The effect of uncorrected misstatements, if any, on the financial statements. Performance materiality Insignificant misstatements under $ need not be recorded below. Amount of over (under) misstatement in the financial statements Circumstances of occurrence...

Audit, Balance sheet, Financial audit 316  Words | 3  Pages

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Anne Aylor Case - 1

Aylor Inc. A. Why are different materiality bases considered when determining planning materiality? Different materiality bases are considered when determining planning materiality because the magnitude and nature of financial statement misstatements or omissions have different influences on different financial statement users. For example, investors are more interested in the accuracy of numbers involving net income because they are mainly concerned with the company’s ability to increase...

Accounts receivable, Asset, Audit 1406  Words | 5  Pages

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Anne Aylor Case

The materiality threshold that will influence users of the financial statements will vary depending on the context in which the entity operates. For example, the magnitude of a misstatement that will influence financial statement users will vary depending on how the entity is performing relative to the industry. Misstatements of a smaller magnitude will be more influential for an entity just achieving the industry average compared to an entity significantly over- or under-achieving relative to the...

Audit, Auditing, Balance sheet 774  Words | 3  Pages

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Department of Electrical and Computer Engineering: Prospectus 2012/13 Sri Lanka

Engineering Prospectus 2012/ 2013 Department of Electrical and Computer Engineering The Open University of Sri Lanka Important dates Closing date of applications: March 20, 2012 Selection Test: March 25, 2012 Registration for the Academic Year 2012/2013: May 20, 2012 Commencement of Academic Activities: May 26, 2012 Important information A list of qualifications presently recognised by the OUSL for granting exemptions is given in Appendix 1 of this prospectus. If you possess...

Academic degree, Bachelor's degree, Computer 8899  Words | 80  Pages

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Audit Risk

............... Evaluating the Effect of Misstatements ......................................................... 1-3 4-8 9-11 12-16 International Standard on Auditing (ISA) 320, “Audit Materiality” should be read in the context of the “Preface to the International Standards on Quality Control, Auditing, Assurance and Related Services,” which sets out the application and authority of ISAs. The Audit Risk Standards the Risks of Material Misstatement,” ISA 330, “The Auditor’s Procedures in Response...

Audit, Auditing, Financial audit 1405  Words | 6  Pages

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Case 7.1 Anne Aylor

operates. C. Auditors must design the audit to find the smallest misstatement that would influence users of the financial statements. Reasonable assurance that the financial statements are free of material misstatements cannot be provided unless the audit is designed to detect the smallest misstatement that would influence users. D. A high likelihood of management fraud makes it more likely that individual account misstatements will have the same directional effect on net income (i.e., asset...

Accounts receivable, Asset, Audit 746  Words | 3  Pages

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company ordinance

company.- No public company shall, except with the prior approval of the Commission in writing, and subject to such conditions as may be imposed by the Commission in this behalf, convert itself into a private company. 45. Prospectus or statement in lieu of prospectus to be filed by private company on ceasing to be private company.- (1) If a company, being a private company, alters its articles in such a manner that they no longer include the provisions which, under clause (28) of sub-section...

Privately held company, Public company, Types of companies 1173  Words | 5  Pages

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Veil Of Incorporation

(1) of the companies act ,1965 state prospectus inviting subscription for or purchase of shares in or debentures of a corporation and including a statement purporting to be made by an expert or to be based shall not issue] unless he has given and has not before delivery of a copy of the prospectus for registration register, he has written consent to the issue thereof with the statement included in the form and context in which it is included and the prospectus that he given did not show that he has...

According to Jim, Acts of the Apostles, Company 1398  Words | 3  Pages

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Auditing Standard

entity and its environment and assessing the risk of material misstatement In IAS 315, the auditor should identify and assess the risks of material misstatement, whether due to fraud or error, at the financial statement and assertion levels, through understanding the entity and its environment, including the entity’s internal control, thereby providing a basis for designing and implementing responses to the assessed risks of material misstatement. The auditor shall perform risk assessment procedures to...

Auditing, Auditor's report, Financial audit 928  Words | 3  Pages

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Reaction Paper to Commission Delegated Regulation (Eu) No 486/2012 of 30.3.2012 Amending Regulation (Ec) No 809/2004

Tomáš Vakrman 30. 11. 2012, Praha By July 2012, European Economic Area Member States were required to implement new rules regarding prospectus regime. The changes were introduced in the Commission Delegated Regulation (EU) No 486/2012 of 30.3.2012 amending Regulation (EC) No 809/2004. The document presented rather evolutionary than revolutionary changes, however, some parts will have a significant impact in practice. The Amending Directive applies to majority of the issues with few exceptions: ...

1101  Words | 3  Pages

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Audit Sampling

company’s internal control and we believe they are excellent. Therefore, the team has decided to use the Probability-proportionate-to-size sampling theory, (PPS). We have used PPS to find the evidence required to prove there has been no materially misstatement in Key West Company’s accounts receivable accounts. The financial cycle is the cycles of business transactions, which involve the processing of financial activity including cash inflows, outflows, dividends, stocks, and long term debt agreements...

Accounts receivable, Audit, Book value 1973  Words | 7  Pages

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Securities Regulation Outline 1

just because of their opiniony nature. Mere puffery, however, isn’t actionable. Food Lion. Lean towards materiality if: Misstatement masks a change in earnings or other trends Misstatement hides a failure to meet expectations No bright-line tests for materiality! “It’s only 2%” – not good enough. A complaint may not be dismissed for lack of materiality unless the misstatement/omission was obviously immaterial. TSC Industries, Inc. v. Northway “Total mix of information” test. Even if something...

Private Securities Litigation Reform Act, Securities Act of 1933, Securities Exchange Act of 1934 4902  Words | 16  Pages

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