1. The client acceptance process can be quite complex. Discuss five procedures an auditor should perform in determining whether to accept a client. Which of these five are required by auditing standards and identify the applicable standards? 1. Obtain an understanding of the client ’s business and operations. Consideration should be given to reading available financial information regarding the prospective client such as annual reports‚ registration statements‚ Forms 10-K‚ other reports to regulatory
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Financial Management Read ‘Ocean Carriers’ and answer the following questions: Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? - The expected daily hire rates drives the daily spot rates higher. So we are expecting the higher daily spot rates under higher expected daily hire rates. 2. What factors drive average daily hire rates? - Demand in iron ore shipments‚ - World economy‚ strong economy in western countries will raise
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Ocean Carriers Inc. A Case Study By ab Introduction • Ocean Carriers Inc. owned and operated cape-size dry bulk carriers worldwide. • Major Cargo type : Iron ore. • Vessel sizes : 80000 DWT to 210000 DWT. • Cape-size carriers travel around Cape Horn rather than the Panama Canal due to size constraints. Operations Maintenance Maintaining Supplies And on board Stores Supply of Lubricants Cargo Operations Repairs Insurance Business Model • Mostly chartered
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Ocean Turns Into Plastic Island? Could Happen Have you ever wondered what happens to that plastic bottle or plastic bag that you throw away? What if I told you that the bag and the bottle are slowly killing off marine life and slowly turning our oceans into dumps? This is the case and the problem is only growing and everybody is responsible for it and everybody needs to pitch in and clean up this mess. We all use plastic because it’s convenient for us‚ but in the end it ends up killing the marine
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Imagine being a little kid‚ playing in the ocean. All the waves are crashing and you are jumping over them. Suddenly‚ you see a large amount of trash‚ beer bottles‚ plastic containers‚ and strings that hold all of it together. You remove the trash from the ocean and put it into a trashcan. By this small task‚ you have supported the sustainability of the ocean. “Sustainability is ensuring that critical social‚ economic‚ and ecological processes are maintained in a way so that both the short and long-term
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to inform my audience about ocean pollution Thesis: Polluting the ocean is a major concern for all of us living on earth; we couldn’t live without the beautiful open waters. Organizational Pattern: Topical Introduction I. Our oceans make up most of the world A. Without our oceans we couldn’t live B. Animals in the ocean are suffering more and more each day C. Beautiful coral reefs are becoming depleted little by little each day 1. (Thesis) Polluting the ocean is a major concern for all
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Plastic in Our Oceans 46‚000 pieces of plastic per square mile make up 90% of our ocean’s trash accumulation (Nichol‚ 2012‚ Plastics‚ like Diamonds‚ are forever‚ para. 1). Within the areas‚ many animals will either ingest‚ become entangled in‚ or even die due to the high plastic amounts. Nearly 267 species are harmed by plastic (Nichol‚ 2012‚ Fast Facts). With such deadly effects due to yearly accumulation‚ the banning of plastic bags and reduction of usage in a household will improve overall health
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has been around for centuries. Currently there are only a few different types of hydro power used to produce energy‚ and only 2 will be covered in this research: wave/current energy & tidal energy. Although both rely on the movement of the earth’s ocean‚ they use the kinetic energy produced to manipulate the movement into an energy source. keywords: sustainable‚ renewable‚ energy‚ resources Table of contents Introduction ……………………………………………….……pg 4 Chapter
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Opened in 1977‚ Ocean Park Hong Kong is one of Hong Kong’s favourite attractions‚ featuring rides‚ exhibits and conservation facilities. Ocean Park is located on the southern side of Hong Kong Island‚ covering more than 870‚000 square metres of land. There are three attraction areas‚ which are the Lowland‚ the Headland and Tai Shue Wan. The three areas are connected by a cable car‚ outdoor escalator which is the second longest in the world and Ocean Express. Aqua City Ocean Park’s Aqua City
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spreading mid-ocean ridge that produces broader and less rugged segments? -faster When you have Oceanic-Contintental convergance‚ which one becomes subducted? -oceanic The San Andreas Fault is what kind of boundary? -transform The areas where mantle plumes come to the surface are called what? -hotspots Much fluid basaltic lava erupts on the seafloor at mid-ocean ridges. Such eruptions pose little risk to humans because almost all of these occur at the bottom of the ocean. The island
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