AUDIT DELAY AND THE TIMELINESS OF CORPORATE REPORTING: MALAYSIAN EVIDENCE Raja Adzrin Raja Ahmad* Khairul Anuar Kamarudin* * Lecturers‚ MARA University of Technology‚ Malaysia ABSTRACT This paper investigates the determinants of audit delay in Malaysia. The sample comprises 100 companies listed in the Kuala Lumpur Stock Exchange during the period 1996-2000. Descriptive statistics indicate the audit delay to be more than 100 days for the five years under study with a minimum standard deviation of
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LIBERTY UNIVERSITY EXEGETICAL PAPER EPHESIANS 6:10-20 A PAPER SUBMITTED TO DR. LUCAS IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE COURSE NBST 652 HERMENEUTICS LIBERTY THEOLOGICAL SEMINARY BY KELLY TODD LYNCHBURG‚ VIRGINIA FRIDAY‚ MARCH 9‚ 2012 CONTENTS OBSESERVATIONS 1 MAIN IDEA 3 OUTLINE 3 INTRODUCTION 4 HISTORICAL AND CULTURAL CONTENT 5 LITERARY CONTEXT 6 CONTENT 7 The Offensive Comes From God 7 The Defensive Comes From God 7 The Battle is Vast 8 The Armor
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Millennium? 2 Post-Millennialism 2 Amillennialism 4 Premillennialism 5 Bibliography 8 THE 1000 YEARS OF REVELATION 20:1-6 Introduction There has been great confusion on eschatology‚ or the theological study of future events‚ since the early church. The millennium‚ or the 1000 years‚ in Revelation 20:1-6 has not escaped this confusion. To develop the understanding of the topics under discussion in this paper‚ the main passage under consideration reads as
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The Demand for Audit and Other Assurance Services O ssu a S s Chapter 1 ©2012 Prentice Hall Business Publishing‚ Auditing 14/e‚ Arens/Elder/Beasley Arens/Elder/Beasley 1-1 SarbanesSarbanes-Oxley Act Enron WorldCom The Act established the Public Company Accounting Oversight Board. It also requires auditors to report on the effectiveness of internal control over financial reporting. ©2012 Prentice Hall Business Publishing‚ Auditing 14/e‚ Arens/Elder/Beasley Arens/Elder/Beasley 1-2
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which exceeds materiality of $50‚000. c. The auditor should either propose an audit adjustment so that the unadjusted statement amount is less than materiality‚ and/or perform more testing to obtain a better estimate of the population misstatements. The additional testing will likely focus on receivables and inventory because they have the largest estimated misstatements. 9-28 a. The following terms are audit planning decisions requiring professional judgment: Preliminary judgment about materiality
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Services in Malaysia: An Integrated Approach‚ 2nd Edition‚ Prentice-Hall Malaysia‚ 2008. 5. William F. Messier‚ Jr. Stevan M. Glover‚ Douglas F. Prawitt and Margaret Boh‚ Auditing and Assurance Services in Malaysia‚ 3rd Edition‚ McGraw Hill‚ 2007. 6. Malaysian Institute of Accountants (MIA): Malaysian Approved Standards on Auditing 7. Malaysian Code of Corporate Governance‚ 2012. 8. Bursa Malaysia Listing Requirements‚ 2012.
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theft. D. Expected effectiveness of controls. 13. The risk that an auditor’s procedures will lead to the conclusion that a material misstatement does not exist in an account balance when‚ in fact‚ such misstatement does exist is referred to as A. Audit risk B. Inherent risk C. Control risk D. Detection risk 14. Evidential matter concerning proper segregation of duties ordinarily is best obtained by A. Preparation of a flowchart of duties performed by available personnel. B. Inquiring whether
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Mandatory Audit Partner Rotation‚ Audit Quality‚ and Market Perception: Evidence from Taiwan* WUCHUN CHI‚ National Chengchi University HUICHI HUANG‚ Syracuse University YICHUN LIAO‚ National Taiwan University HONG XIE‚ University of Kentucky 1. Introduction Mandatory audit partner rotation has existed in the United States since the 1970s‚ when the American Institute of Certified Public Accountants (AICPA) required that audit partners in charge of Securities and Exchange Commission (SEC) audits be rotated
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– Skills Module‚ Paper F8 (UK) Audit and Assurance (United Kingdom) 1 (a) (i) Importance of reporting to those charged with governance June 2013 Answers In accordance with ISA 260 (UK and Ireland) Communication with those charged with governance‚ it is important for the auditors to report to those charged with governance as it helps in the following ways: (1) It assists the auditor and those charged with governance in understanding matters related to the audit‚ and in developing a constructive
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Accounting Education: an international journal Vol. 20‚ No. 2‚ 203– 222‚ April 2011 Adding Value to Audit Education through ‘Living’ Cases JULIE DRAKE University of Huddersfield‚ UK Received: November 2009 Revised: July 2010 Accepted: September 2010 ABSTRACT This paper seeks to address the perceived failure of university teaching to foster critical understanding of audit practice and to identify a potential remedy. It contributes to the debate (Maltby‚ 2001‚ “Second thoughts about ‘Cases in
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