INTERNAL AUDIT 1 Internal audit ‘Internal audit’ is an appraisal activity established by management for the review of accounting and internal control systems as a service to the entity. It reviews‚ monitors and make recommendations for the improvement of systems. Other activities include: Examination of financial information Review of economy‚ efficiency and effectiveness (‘value-for-money’ audits) Review of compliance with external laws and regulations Review of internal policies Review
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How to Conduct Tax Audit – Part 1 Analysis of Certain Clauses Audit under Section 44AB of the Income Tax Act By Raman Jokhakar‚ Chartered Accountant Objective To understand the purposes of this Form To learn nuances of the clauses To understand audit risk To effectively carry out attestation To document adequately To disclose standard notes‚ limitations and stands To know inter links between clauses To be aware of important stands taken by Courts To understand the objective of the
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KD PANGLIMA HITAM Naval Special Force Lumut Naval Base 32100 LUMUT Perak STAFF STUDDIES Topic: Enhancing Royal Malaysian Navy’s Aerial Boarding Capability. Reference: (See Annexure B - References). 1. Problem. To establish Aerial Boarding Party for the RMN in order to enhance RMN’s aerial boarding capability in supporting its MIOps in Malaysian waters. 2. Assumption. Nil. 3. Facts Bearing on the Problem. 4.1. Environment. Malaysia is a maritime country. Almost all of Peninsular
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January 1‚ 2012‚ requires that a CPA firm establish and document policies and procedures for the acceptance
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1.0 Introduction 01. Overview of job satisfaction Importance of employee satisfaction took great interest from researchers and management of organizations because it has its own influences upon an employee’s social as well as professional life. According to Mitchell and Larson (1987) job satisfaction cannot be defined properly in to several statements‚ they experienced more than 3000 studies upon the job satisfaction and after that they commented. Lock (1976) placed a definition of job satisfaction
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CONTROLS IN AN EDP ENVIRONMENT The second standard of field work requires that we obtain a sufficient understanding of the client’s internal controls (I/C) to plan the audit and assess control risk. We hope that our assessment of control risk shows it to be low so that we can reduce substantive testing‚ thereby reducing audit costs. When EDP is used in significant accounting applications‚ then you must consider the effects the computer has when evaluating the internal controls. The auditor’s
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What skills do your staff need? (+ Pre-training : know the needs of staff ) * It is essential that any training plan should be linked into the business’s long- term objectives. The training needs of your organisation and staff should be thoroughly assessed to determine what skills would be required to achieve your strategic goals. * Questions that should be raised include: * Do staff need to be more flexible in order to cover a greater range of jobs? * Do they need to know
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Support staff Teaching assistant (TA) / Learning Support assistant LSA - compliments the Class Teacher and support learning for all pupils. - works under the guidance of the Class Teacher - would not be expected to undertake any direct teaching responsibilities or lead the class‚ however may be required to supervise the class in the temporary absence of the teacher. Duties and responsibilities can include: planning‚ delivering and evaluating teaching and learning activities with the Class Teacher
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appendix 1 & 2. Document the ratios in a format similar to the following: Ratios 2009 2008 2007 Current assets 44‚497 Current ratio: Current liab. 25‚926 1.72 Debt to equity Net income before tax/sales Gross margin % Inventory turnover Interest to debt Gearing (10 Marks) Explain the term “materiality” and discuss this in relation to Heritage (5 Marks) Based on your calculations‚ assess the likelihood (high‚ Medium or low)‚ with explanations‚ that Heritage
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[pic] Team Briefing Guidelines A guide to team briefing at the University of Limerick Approved July 2011 Contents INTRODUCTION 3 What is team briefing? 3 The benefits of team briefing 3 The team briefing process 4 The team briefing timeline 4 The team briefing calendar 2011/12 5 Guidelines for delivering team briefings 5 Guidelines for receiving team briefings 7 Monitoring the team briefing process
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