Introduction Independence is a fundamental to the reliability of auditors’ reports. It is an attitude of mind characterized by integrity and an objective approach to professional works. A professional auditor should work both independent and seen to be so. Nowadays‚ but‚ the trend of providing non-audit services to audit clients seem to be sweeping accounting firms all over the world; impacts of independence impairment caused by this trend should not be ignored. The Meaning of Independence The
Premium Internal control Audit Big Four auditors
....................................3 3.1 Impact on South Africa’s Balance of Payments ....................................................................................................5 3.2 Impact of the Exchange Rate on different Spheres of the SA economy...............................................................5 3.2.1 Business
Premium Foreign exchange market Balance of payments South Africa
Introductions This article is about SAS Company which operates much differently than other companies. SAS software was originally created by Goodnight and North Carolina State University colleagues to analyze agricultural-research data. Today‚ SAS is best known for sifting massive mountains of data for FORTUNE 500 companies and other organizations most people have heard of. Insurance companies use SAS to flag fraudulent claims. Retailers use SAS to find profitable places to put stores and products
Premium Fortune 500 Fortune Fortune Global 500
Symphony No. 94 in G “surprise” The music piece that I listened to was Symphony No. 94 in G “Surprise” by Joseph Hayden. This classical piece of music takes place in the classical period and starts off with a very slow tempo. The rhythm is a contagious pulsating rhythm which appears to have a metered beat that one can follow. It sounds like it would be 2 beats which is in duple meter. The main melody seems very short‚ defined and to the point. It is definitely staccato which seems short and
Premium Music
Essay by Margarita Prodanova HOW SAS BECAME THE WORLD’S BEST PLACE TO WORK BY: MARK C. CROWLEY Do I agree with the SAS’s philosophy? Mark Crowley’s article on the management philosophy of analytic firm SAS‚ is an illuminating read that shows even in today’s competitive and sometimes cut-throat world of international business‚ it is still possible to be nice and yet successful. The philosophy‚ CEO Jim Goodnight has instilled into SAS is not simply a case of altruism or selflessness‚ for
Premium Term Privately held company Public company
certification of the financial statements and conclude whether its work is effective in preventing major scandals on the lines of Enron and Worldcom. 1.0 ABSTRACT 2.0 ENRON-CORPORATE FIASCOS 3.0 HOW DID THE AUDITORS FAIL TO CATCH PROBLEMS AT ENRON? 4.0 HOW TO PREVENT RECURRENCE OF ENRON? 5.0 NEW RESPONSIBILITIES OF AUDITORS ACCORDING TO SARBANES-OXLEY ACT 2002 6.0 CONCLUSION 7.0 REFERENCES 1.0 ABSTRACT The responsibility of an auditor is to express an opinion on the financial statements based
Premium Enron Auditing Audit
the appropriate level of independence ’ of auditors. Majority of studies conclude that the detrimental effects of firm rotation on the quality of the audit work by far outweigh its positive effects as a safeguard against various independence and quality threats. Frequent changes of audit firms‚ whether resulting from mandatory rotation or otherwise‚ introduce threats to independence and operational difficulties that make audit failure more likely. Many studies have involved practitioners ’ opinions
Premium Audit
SA SA COSMETICS – Analyzing Competition Sa Sa Cosmetics is a very successful Hong Kong based discount cosmetics retailers. The case describes how Sa Sa became successful‚ culminating in its IPO in 1997. Since then‚ however‚ its fortunes have declined somewhat. The case discusses recent initiatives that were undertaken to sustain growth momentum. Sa Sa also undertook some marketing research studies. The research findings appear to confirm that Sa Sa may have some major problems. As 2001 comes to
Premium Competitor analysis Customer service Customer
Professionalism‚ Ethical Codes and the Internal Auditor: A Moral Argument Mary Ann Reynolds ABSTRACT. This paper examines the case of the internal auditor from a sociological and ethical perspective. Is it appropriate to extend the designation of professional to internal auditors? The discussion includes criteria from the sociology literature on professionalism. Further‚ professional ethical codes are compared. Internal auditors’ code of ethics is found to have a strong moral approach‚ contrasting
Premium Ethics Auditing Internal audit
Roles and Duties of Auditors Taylor Hibma Taylor Hibma lives in New York City and began writing professionally in 2007. His articles have appeared primarily on the websites eHow and Pluck on Demand. Hibma has a bachelor’s degree in English and is pursuing a master’s degree in creative writing at the City College of New York. He has also received a certificate in filmmaking from the Digital Film Academy. Auditors are responsible for gathering and analyzing various types of financial information and
Premium Balance sheet Income statement Bachelor's degree