2011 and the statement of operations‚ statement of changes in equity and cash flows for the year then ended‚ and a summary of significant accounting policies and other explanatory information. Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Philippine Financial Reporting Standards for Small and Medium-sized Enterprises (PFRS for SMEs)‚ and for such internal control as
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FEASIBILITY OF THE NATIONAL PROFESSIONAL STANDARDS FOR TEACHERS IN PAKISTAN: TEACHER EDUCATORS’ PERCEPTIONS By Muznah Faheem M.Phil (education) Supervised by Dr. Zaira Wahab ABSTRACT-1 Collaboration of Government of Pakistan and USAID give rise to the professional standards for teacher. Ten standards cover almost all angles and parameters of quality teaching. The purpose of this study is to reflect on the feasibility of professional standards for teachers in Pakistan. Four subsidiary
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Integrity According to The Institute of Internal Auditors (IIA)‚ "The integrity of internal auditors established trust and thus provides the basis for reliance on their judgement". IIA further added that to be integrity‚ internal auditors: * Shall perform their work with honestly‚ diligence‚ and responsibility. * Shall observe the law and make disclosures expected by the law and the profession. * Shall not knowingly be a party to any illegal activity‚ or engage in acts that are discreditable
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Analytical Procedures – A Powerful Tool for Auditors (Relevant to Paper 8 – Principles of Auditing and Management Information Systems) David Chow FCCA‚ FCPA‚ CPA (Practising) Audit tests Auditors normally carry out the following types of audit tests to determine whether financial statements are fairly stated: (i) procedures to obtain an understanding of internal control (ii) tests of controls (iii) substantive tests: • substantive tests of transactions; • analytical procedures; and •
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Public Interest in American Life Professor Willard/ T.A. Schmitt Tuesday Session 2007 December 5 • Carefully distinguish between the “contract” and “covenant” understanding or model of the professional/client relationship. Which understanding makes a greater demand on the good moral character of the professional? Why? Take a reasoned position on whether or not the “covenant” understanding is more appropriate to the overall nature of that relationship. Since the beginning of complex societies
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2: In year 1‚ Joe Josephs‚ CPA‚ reviewed Lander Company’s financial statements. However‚ in year 2‚ the Lander Company hired Tom Holstrum‚ CPA‚ to audit its financial statements. Should Tom meet with Joe‚ and would Joe be considered as a predecessor auditor? Sample Case 2 Solution: Problem Identification: Is a CPA who reviewed prior period financial statements considered as a predecessor auditor? Keywords: Review‚ predecessor auditor. Conclusion: AU-C 510.05 defines a predecessor auditor and AU-C
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Introduction The importance off skepticism in performing audits has been recognized from the time the very first auditing standard was implemented (Fullerton and Durtschi‚ 2012). The recent financial crises and audit failures have caused the profession to reassess and emphasise the importance of skepticism during an audit engagement‚ ensuring that auditors increase their level of skepticism (Fullerton and Durtschi‚ 2012). Auditors are now asked to expand their skeptical perspective to the level
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expression. The perfect standard of truth is written in the Holy Scriptures and that is the reason why it should be given the highest place in education. We must receive knowledge of God‚ the Creator‚ and of Christ‚ the Redeemer‚ as they are revealed in the sacred world. He who co-operates with the divine purpose in imparting to the youth a knowledge of God‚ and molding the character into harmony with His‚ does a high and noble work. As he awakens a desire to reach God’’s ideal‚ he presents an education
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The pre-release uses only qualitative research methods‚ this could be down to lots of different factors‚ but we will not know for sure. One of the most obvious reasons why they only used qualitative research methods and not quantitative methods of research is because they are Interpretivists. Qualitative research methods are not in numerical form and do not contain statistics they are produced in word formation and in my opinion are more realistic because they can find out in depth how people think
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When it Comes to the End: A Theory Review Katelyn C. Hall Grand Canyon University: NUR 502 September 18‚ 2012 Introduction Some of the most important days in an individual’s life are the last few they will ever have. These are the times people typically want to be surrounded by the ones they love. It is hard for most family members to watch their loved one die. And it is especially hard for those that are not ready to accept the fact that there loved one will be passing. Nurses are
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