Audit case You are the engagement partner in a firm of chartered accountant and are reviewing the audit fire of a client ABC ltd. the audit manager has recommended that the audit option is qualified because he is in dispute with the directors of ABC ltd. The audit manager wishes the directors to create a large doubtful debts provision against a major debtor that is over six months old. The directors do not witch to alarm the public about the current liquidity problems of their major costumer because
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Socio-environmental Influences on Career Choices of Novice Undergraduates in Malaysia. Tanuj Patmanathan a/l Mahesan B0800604 PSY 313 Department of Psychology Faculty of Behavioural Sciences HELP University Thesis submitted on this August 2nd in the year 2013 in partial fulfilment for the Degree of Bachelor of Psychology HELP University Department of Psychology Declaration I declare that this thesis is my original work; and to the best of my knowledge it does not contain any materials
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‚ Nath‚ L.‚ & Wood‚ D. (2008). The supply of corporate social responsibility disclosures among U.S. firms. Journal of Business Ethics‚ 497-527. Incisive Media (2007). The Booming Corporate Social Responsibility Reporting Has Opened Up An Exciting Career Path In Assurance. Retrieved 26 April‚ 2012‚ from http://www.accountancyage.com/aa/feature/1753360/csr-assurance-growth-industry JB Hi-Fi Limited. (2011). 2011 Annual Report. Retrieved from http://www.jbhifi.com.au/documents/reports/110_2011-09-09_4-04-34
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Campbell Soup Company 1. Identify legitimate business practices that corporate executives can use for the primary purpose of manipulating or “managing” their company’s reported operating results. Are such practices ethical? Defend your answer. Some examples of legitimate business practices that executives can use to manage their company’s reported operating results include: offering customers extended payment terms at the end of the a period to accelerate sales‚ recording generous reserves
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Having grown up in a country where the prevalence of the shadow economy is on par with the continual political problems due to the mismanagement by autocrats. Public administration has surrounded me for as long as I can remember. On graduating ‚i went to possess insight into many issues such as the way people and businesses react to the development and management of government programs by public administrators. I had some practical experience working at a hospital in Nigeria with sometime spent
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Solutions for the Biltrite Bicycles Inc. Case Module I - Assessment of Inherent Risk 2 Module II – Assessment of Control Risk 16 Module III - Control Test: Sales Processing 28 Module IV - PPS Sampling: Factory Equipment Additions 30 Module V - Accounts Receivable Aging Analysis 34 Module VI - Sales and Purchases Cutoff Tests 41 Module VII - Search for Unrecorded Liabilities 46 Module VIII - Dallas Dollar Bank Reconciliation 48 Module IX- Analysis of Interbank Transfers 51 Module X -
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Applied Auditing Audit of Plant‚ Property and Equipment – Lecture Definition Property‚ plant and equipment are tangible items that: a) are held for use in the production or supply of goods or services‚ for rental to others‚ or for administrative purposes; and b) are expected to be used during more than one period. Recognition An item of PP&E should be recognised only if its cost can be measured reliably and it is probable that future economic benefits associated with the item will
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Ethical Dilemmas for Auditors Discussion Paper May 2006 1 The Institute of Certified Public Accountants in Ireland Ethical Dilemmas for Auditors Dilemma One – Non-Audit Services 3 Dilemma Two – Fee Levels 6 Dilemma Three – Ethics Partner 7 Dilemma Four – Long Association with the Audit Client 8 Dilemma Five – Commencement in Practice 9 Dilemma Six – Financial Interest in a Client 10 Dilemma Seven – Business relations with audit clients 11 Dilemma
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Chapter 8 Audit Planning and Analytical Procedures PLANNING Why auditor should properly plan engagements: a. To enable the auditor to obtain sufficient appropriate evidence for the circumstances b. To help keep audit costs reasonable c. To avoid misunderstanding with the clients Acceptable Audit Risk is a measure of how willing the auditor is to accept that the F/S may be materially misstated after the audit is completed and an unqualified opinion has been issued. When auditor decides on a lower
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cannot go along with each other and one of them is about career choice. We’ve seen so many incessant arguments between parents and children about career choice that it’s somewhat become inevitable. That happens simply because of the lack of understanding children from parents. A career choice reflects the children’s passion for something they’re very willing to carry out‚ to study for‚ to do research and to live with it‚ whether the choice is dangerous or safe. Parents should not stop their children
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