Illustrative Audit Case: Keystone Computers & Networks‚ Inc. Part III: Substantive Tests—Accounts Receivable and Revenue This part of the audit case illustrates the manner in which the auditors design substantive tests of balances. The substantive tests are illustrated for two accounts—receivables and revenue. This aspect of the audit is illustrated with the following audit documentation: • ABC’s risk assessment working paper that combines the auditors’ assessments of inherent and control risks into an
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Real time object tracking is considered as a critical application. Video object tracking has got wide application in vision‚ security‚ observational issues in natural science and in various other fields. Video surveillance for security purpose is one of its major applications. Object tracking has high priorities in religious places‚ market buildings‚ courts‚ train stations and airports. Various other applications include military‚ astronomy‚ road traffic regulation‚ robotics‚ medical imaging. Gesture
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other or they flickered. The participants in this study consist of a psychology class in the College of Staten Island. In order to start this experiment‚ students were asked to sign in to their CogLab accounts. To start the first trial of the change detection experiment‚ participants were required to press the space bar. One picture will appear after the other. The task in this experiment is to detect whether or not there is a change in the two pictures. If the image changes students press the “c” key
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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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DROWSINESS DETECTION INTRODUCTION: The maintenance of a state of wakefulness while performing various tasks is needed for a range of reasons varying from safety to efficient performance and beyond. In order to decrease the possibility of accidents‚ alertness while operating vehicles‚ such as automobiles or heavy machinery‚ must be maintained. Additionally‚ reading and studying require wakefulness. This project is based on an eyeglass attachable device for automobile and truck drivers for
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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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Body language is a form of non-verbal communication‚ that is‚ talking without saying a word. On the other hand‚ non-verbal communication includes body movements‚ posture‚ gestures‚ facial expressions and eye movements. According to the social anthropologist‚ Edward T. Hall‚ in a normal conversation between two parties‚ he discovered that approximately 35% of interactions is actually expressed through words‚ while 65% of it is conveyed through body language. In modern society‚ more and more liars
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internal problems. • Lottery Fraud : Starts with a notification mentioning to have won a big amount of money. Victim has to pay “processing fees” or “tranfer charges” so that the money can be distributed Despite of of all the advances in fraud detection technologies‚ fraud losses still continue to pose a significant problem to many industries‚ telecommunications‚ banking‚ insurance and many others. According to Cifas1 ‚ fraud activities are increasing year by year as the statistics in table 2.1
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traders and the people for daily uses. Automatic machines are used for Coins classification and recognition to find the sum of the coin is quite complicate. In this project ‚ we propose a coin recognition method by radius parameter detection approach. The effectiveness of the coins classification is ensured based on the parameters of the coin. Moreover‚ the variations in images obtained from new and old coins are also discussed. The polar coordinate image of coin on circles with
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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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