Checklist for Evaluating Internal Controls There are five components to internal controls. A comprehensive checklist should adequately define these components and ensure that each component has been adequately met. According to Louwers‚ Ramsay‚ Sinason‚ and Strawser (2007) the five components to internal controls include: 1. Control environment – Involves the tone of the organization and includes “the integrity‚ ethical values‚ and competence of the company’s people” (Louwers‚ Ramsay‚ Sinason
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REVIEW OF SOME EFFECTS OF NIGERIAN CORPORATE TAX REGIME ON INVESTMENT PROMOTION BY: Y.S.UTHMAN 1.1 INTRODUCTION: Neither the Companies Income Tax Act nor any Nigerian Tax Law provides for the definition of the term tax or corporate tax. In an Australian case of Mathews v. Chicory Marketing Board‚ a tax has been defined as “a compulsory exaction of money by a public authority for public purposes‚ or taxation is raising money for the purpose of government by means of contributions from individual
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Internal Marketing Issues in Service Organizations in Malaysia Norbani Che Ha‚ Raida Abu Bakar & Syed Izzaddin Syed Jaafar* Internal marketing is an important concept where firms apply marketing tools to attract and retain the best employees‚ which will later affect business performance. The study has identified constructs (interfunctional coordination & intergration‚ customer orientation‚ marketinglike approach‚ job satisfaction‚ empowerment‚ employee motivation‚ quality of service‚ employee development
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What was once a garage-operated business and now an international market leader‚ Polaris Industries has shown how a corporate life cycle occurs and more importantly successful strategy development and implementation. With all businesses‚ the organizational life cycle is the development of a business from start to finish. There are different views on the number of stages in an organizational life cycle. Just In Time Management states that are seven life cycle stages‚ while Product Arts claim there
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ICC-1 Apollo Shoes‚ Inc. Internal Control Questionnaire Sales Transaction Processing December 31‚ 2007 Objectives and Questions Yes‚ No‚ N/A Comments Environment: 1. Is the credit department independent of the sales department? Yes. Credit manager in Treasurer’s office 2. Are sales of the following types controlled by the same procedures described below? Sales to employees‚ COD sales‚ disposals of property‚ cash sales and scrap sales. No available information‚ apparently not applicable
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2002 requires an audit of internal controls. The purpose of an internal control evaluation is to evaluate risk‚ which offers auditors a basis for audit planning and provides useful information to management ("Sox Law"‚ 2006). Auditors typically use the five basic components of internal control to approve the entire system. According to Louwers‚ Ramsay‚ Sinason‚ and Strawser (2007) the five components to internal controls include control environment‚ risk assessment‚ control activities‚ monitoring
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A UML Documentation for an Elevator System Distributed Embedded Systems‚ Fall 2000 PhD Project Report Lu Luo December 2000 A UML documentation for an elevator system Lu Luo A UML documentation for an elevator system 1. Introduction This paper is a PhD project report for the course Distributed Embedded Systems at Carnegie Mellon University. Throughout this course‚ a distributed real-time system – an elevator control system– is specified‚ designed‚ built‚ and simulated. Object Oriented
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7/24/13 search.proquest.com/printviewfile?accountid=50136 Back to previous page document 1 of 1 SBI ’s core banking system ’s a hard call Shetty‚ M. (2006‚ May 17). SBI ’s core banking system ’s a hard call. Knight Ridder Tribune Business News. Retrieved from http://search.proquest.com/docview/465501690?accountid=50136 Abstract (summary) Officials say the bank is ahead on its CBS programme as over 7‚500 branches out of its 13‚000-plus branches are being brought under CBS. The bank
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making. Allows the artist to circumvent excessive studio control on their projects Directors can craft their own unique vision. Writers can often see their scripted vision through the entire development process. Did not have permanent staff and would bring people together to make a film on short term contract basis. 2. Compare the industry network of Hollywood with that of the motor sport valley in the United Kingdom a) Industry network of Hollywood. A project-based enterprise.
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The Impact of Mergers and Acquisitions in the Banking and Insurance Sector Table of Contents Executive summary 2 The impact of M&As on employees‚ staff representatives and their unions 2 The impact of M&As on consumers 3 The impact of M&As on shareholders 5 The impact of mergers and acquisitions on employees in the financial services sector (Tina Weber) 6 Introduction 6 Trends in employment in the financial services sector 6 Table 1: Employment in
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