related party have been properly recorded by a client‚ an auditor should review info that provided by the management regarding the related party transactions. The auditor has to conduct audit procedure to ensure that information provided can be reviewed for completeness. If the availability regarding related party audit evidence is limited‚ the auditor may discuss with the management regarding the transaction amount and term‚ the nature of the relationship of client and related party and inspect the
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Mr. Sahil Singh Karir‚ Associate Manager‚ Tally Solutions for his contribution towards our report. He answered all our queries regarding the various business processes of Tally solutions and specially answered our queries regarding the implementation of Enterprise Resource Planning (ERP) Solutions for their client Okaya Power Limited. We would also like to extend our gratitude towards Dr. Reema Khurana for providing us with this opportunity to study ERP systems and their implementations at an industry
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SRI SRI UNIVERSITY FACULTY OF MANAGEMENT STUDIES 2013-15 A FIELD REPORT ON MANAGEMENT INFORMATION SYSTEMS OF Submitted by: Group 7 Sameera Tamvada Aveek Raichoudhuri ABSTRACT Management information Systems (MIS)‚ sometimes referred to as Information Management and Systems‚ are the discipline covering the application of people‚ technologies‚ and procedures — collectively called information systems — to solving business problems
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Snapple Case Study Solution 1. From 1972 to 1993‚ why did Snapple flourish when so many small start-up premium fruit drinks stayed small or disappeared? As described in the case study‚ Snapple flourished throughout 1972 and 1993 due to various reasons. Firstly‚ as the owners of Snapple realized that the popularity of no preservative fruit juices was increasing‚ they ceased the opportunity and decided to make a business out of it. As they were the first ones in this business‚ they got a chance
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Marketing Case Study (2) Godrej ChotuKool: A Cooling Solution for Mass Markets Q.1. Assess the business scenario for ChotuKool? What are the critical success factors for this product to succeed? ChotuKool falls in to the business of refrigeration‚ to understand the business better let us understand the overall refrigeration business But before that lets looks at the consumer durable market‚ the consumer durable market consists of products from watches to fans. With the help of the below mentioned
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planning auditors should consider for clients who use computers and describe how a computer can be used as an audit tool. | 16‚ 17‚ 18‚ 19‚ 20‚ 21‚ 22 | 57‚ 60 | 5. Review audit documentation for proper form and content. | 23‚ 24‚ 25 | 50‚ 61 | SOLUTIONS FOR REVIEW CHECKPOINTS 4.1 A CPA can use the following sources of information to help decide whether to accept a new audit client. Financial information prepared by the prospective client: * Annual reports to
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Jitendra Kumar Chaurasiya PCOM no. : 166 IIM Lucknow KPCL Case Study Solution Problem at hand: This case is about KCPL which was started in 1945‚ by Mohan Kumar Gupta. It started business in the candy industry but subsequently moved to “Glucose biscuit” Industry with “MKG” brand. There were two national player “A-one and International biscuits” in the market. In year 1986-87 the company incurred losses. A-one with sales over 1200 tonnes/month wanted to increase its production capacity by
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Ascendum Solutions is a worldwide information technology solutions providing company. They provide innovative technological solutions which are generated by businesses and the challenges they face while doing businesses. Ascendum Solutions India Pvt. Ltd. works with SMB’s and with organizations at enterprise level. Their portfolio includes many Fortune 1000 companies and helps them in solving their business challenges. Their success lies in
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FIFE SOLUTIONS LTD SECTION A: STARTING UP Fife Solutions Ltd‚ a firm of IT consultants was set up by Pradeep Sharma and Justyna Brown 10 years ago. It had always been their dream whist at University to set up their own business but immediately after graduating‚ they went their separate ways and gained experience in the IT field. A generous development grant from the government allowed them to pursue their dream and Fife Solutions was born. This new company allowed Justyna and Pradeep to play
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About the Lima Tire Plant Located in Lima‚ Ohio‚ the plant building encompassed over 1.5 million square feet and was situated on 128 acres of land. About 1‚120 people were employed at the Lima location: 970 were hourly employees and 150 were salaried employees. The hourly personnel at the plant were unionized by the United Steelworkers (USW)‚ which had merged with the United Rubber Workers in 1995. The Lima Plant had undergone a $100 million expansion and modernization effort in 2000‚ which enabled
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