audit risk model‚ which is used to determine the nature‚ timing‚ and extent of audit procedures. Describe the components of the model and discuss how changes in each component affect the auditor’s need for evidence. The audit risk model is used to determine the nature‚ timing‚ and extent of substantive audit procedures. The components of audit risk model usually stated as follows: DR = AR/(IR x CR) Where: DR = detection risk; AR = audit risk; IR = inherent risk; CR = control risk Detection Risk: auditors’
Premium Auditing Audit Financial audit
Effects of Using Computers As the world is developing rapidly‚ people rely more and more on science and technology. When they define the concept of science and technology‚ “most people today think of silicon chips‚ iPods‚ high-definition TVs‚ and visual cell phones” (Wilson 320). Among those high-tech inventions‚ cars and cell phones are two scientific inventions that mostly affect people’s lives. For example‚ they can get to the destination faster or simply make a phone call to talk instead of
Premium Invention Computer Online game
Organizations are using computer-mediated communication (CMC) for an increasing range of communication activities‚ including marketing and consumer research. Asynchronous CMC applications—such as email and web forms—offer benefits of speed‚ low cost‚ and accuracy that appeal to organizational managers ([Chittenden and Rettie‚ 2003] and [Kent and Lee‚ 1999]). Yet results have been mixed where CMC has been applied toward organizational marketing and market research‚ especially where messages are intended
Premium Communication Mass media Scientific method
analysis‚ PESTEL stands for Political‚ Economic‚ Social‚ Technical‚ Environment and Legislative. It is a great tool for any size organization who would like to have a simple to use tool for understanding the external forces influencing their market and performance. If you would like a good tool for external forces‚ I would recommend using this one. PESTEL is a strategic planning tool; it helps you see the landscape beyond your own market. This is important because as we are seeing in the stock
Premium Marketing Strategic management Market research
2006 ISBN: 978-1-84219-307-4 A Multiple Decisive Factor Model for Construction Procurement System Selection S. Ratnasabapathy and R. Rameezdeen Department of Building Economics‚ University of Moratuwa‚ Moratuwa‚ Sri Lanka; shiyalk@yahoo.co.uk The procurement system is a key means through which the client creates the pre-conditions for the successful achievement of project specific objectives. Different procurement systems are used for different projects and the appropriate selection may help to
Premium Construction Factor analysis Sri Lanka
Using Word Processing Tools Patricia Morehouse XBIS/220 November 29‚ 2012 Chanda Cole Using Word Processing Tools Microsoft Office Word can do so many things‚ and I have Microsoft Office Word Plus 2010. It must be able to do more things‚ when I bought it from the Student store‚ there was no manual provided‚ but I know I can get one from the website‚ and download it. I’m going to do that and see what all can be done with this version. I did not know that it could do so many things‚ I can use
Free Word processor Microsoft Word Microsoft Office
663 Public Procurement Act‚ 2003 ARRANGEMENT OF SECTIONS Sections PART I—ESTABLISHMENT OF THE BOARD 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Public Procurement Board Object of the Board Functions of the Board Membership of the Board Term of office Meetings of the Board Committees of the Board Secretariat of the Board Chief Executive of the Board Expenses of the Board Accounts and audit Financial year of the Board Annual report PART II—PROCUREMENT STRUCTURES
Premium Procurement Request for proposal Call for bids
Chain Risk Management in Procurement and Logistics Report by iMBA 2015 students: Content 1.Introduction and Summary………………………………………………………………….. 3 2. Types of the risks ………………………………………………………………….…………… 3 2.1 Delay of delivery ……………………………………………………………………. 3 2.2 Force Majeure ……………………………………………………………………….. 4 2.3 Procurement risk ……………………………………………………………………. 5 2.4 Receivables risk ……………………………………………………………………... 5 2.5 Inventory risk …………………………………………………………………………. 6 2.6 Capacity risk ……………………………………………………………………………
Premium Risk management Supply chain management Inventory
Using hotel’s amenities as a tool Iveta Per Florida International University Abstract This paper summarizes my research in area of lodging and hotel industry‚ focusing on importance‚ ordering and controlling amenities in hotels. I have gather information from hospitality industry journal articles‚ web sites and also directly from facilities to gain knowledge on importance of hotels amenities and guest perceived value of these amenities. This research also seeks to understand how the hotels
Premium Hotel chains Hotel Hotels
How to Manage Risk in the Stock Market What is Risk Management? Risk management is the process of measuring‚ or assessing risk and then developing strategies to manage the risk while attempting to maximize returns. Typically involves utilizing a variety of trading techniques‚ models and financial analyses. The potential return from any investment is generally depending to the amount of risk the investor is willing to assume. Investors will not take on greater risks without the possibility
Premium Financial markets Stock market Stock