Inherent limitation Evidence obtain Test basis checking Estimates Nature of assurance report Tarek 01712-049032 Short time Shortage of man power Assurance engagement process: Obtaining the engagement Continuous risk assessment Engagement acceptance Scope of the engagement Planning the engagement Obtaining evidence Evaluation the result of assurance work Concluding and reporting on the engagement Reporting to the →
The approach taken in this module is rather different from what you have previously experienced; so you should take some time to read this handbook carefully and to think about how you are going to approach your learning on this module. THE STRUCTURE OF THE MODULE SUPPORTING YOU IN ACHIEVING THE LEARNING OUTCOMES Learning activitiesThis →
These principles of accounting are Accounting Entity MoneyMeasurement Duality Cost Valuation Stable Monetary Unit The Accounting Entity is the organization that is the focus of the reports and information. Cleverly, Song, and Cleverly state that the intention of the money measurement principle is to define adequately the measuring of resources and obligations.
The number of responsibility reports issued for a decentralized unit depends on the degree of influence that unit's manager has on day-to-day operations and costs. If a manager strongly influences all operations and costs of a unit, one report will suffice for both the manager and the unit because responsibility reports should reflect only the →
However, with the progression of time and the dynamism of various schools of thought, sexuality between people has become one of the most popular matters to ever grace the field of research. Personality can forecast the participation of young adults and adolescents in casual sexual relationships.
Discuss the impact of the decision and its relevance to the press and community. They can also assist by providing the financial information and assisting in the drafting of a sound business plan that covers all the likely financial impacts of the decisions to be made.
The issue at hand is determining whether the costs in these provisions should, in fact, be included in minimum lease payments Conclusion Provision 1 Big Bear Power should not include the $500, 000 negotiation fee in its minimum lease payments because, by definition, it is not an obligatory payment to be made toward the asset. →
As a result, the customers were in a position to select products that were commensurate with their tastes and desires and this increased the sales volume of the company and hence was in a position to remain competitive in the market, 2002). The patterns that would be expected over the next ten years in the →
Regulatory Body: OSFI Office of the Superintendent of Financial Institutions Keep a watch over federally regulatedfinancial institutions and pension plans to check that they are in sound financial condition and meet the regulatory and supervisory requirements. IIROC Investment Industry Regulatory Organization of Canada Regulates by settingrules regarding the skill, business and financial performance required by →
The Capital Budgeting Process comprises the following: Development of Strategic Plan and CorporateGoals: The strategic plan encompasses the overall plan of the organisation and outlines the business the company is in together with the position it envisages to achieve. Estimate of the Cost of the Project: The first element that should be considered in the →
In view of this, as organizations grow in size and volume in its transactions and operations, the challenge of storage, retrieval and communication of accounting information becomes so noticeable and causes several organizations to improve the way accounting transactions are captured, stored and processed by the use of information systems. To identify the contributions of →
This is because the company would only be responsible for paying the deductible and the insurance company would pay the rest in the event of a catastrophic disaster. Benefits of an Internal Control System Generally the insurance approach is necessary for a company to overcome the risk of a loss.
In this drawing, it is mostly a mirrored image of the man and his anatomy. Deborah Butterfield, a sculptor from the twentieth century to the present, used the asymmetrical technique for her sculpture of the horse, Verde.
1 The concerns for reform were further broken down as follows: the sale of indulgences these indulgences supposedly remitted the punishment due for sins, and in exchange the penitent made a ash contribution to the church; 2 immorality of the clergy; ecclesiastical politics and unethical dealings; problems with authority in the church; leadership in Rome; →
The value of accounting disclosure in the UK capital market are reduction of cost of capital and information asymmetry; consistency of firms' accounting policies; enhancement of management reputation; capability to address the information needs of stakeholders; and mitigate inefficiencies within the market. OECD described the well-recognised value of disclosure and the well-analysed relationship between the →
Brigham and Houston[2] gave the first one as that where the higher the debt ratio, the riskier the company; hence, the higher the cost of both debt and equity. By attempting to distribute the sourcing of the $ 950 million with 50 % from the debt and 50% from equity, the debt to equity is →
Hospitals in the future will need to plan to for the care of advanced age patients. In addition to the elderly, people 65 and older, the hospitals will play a vital role in taking care of a new group of patients, the obese.
Training outcomes By the end of this module, participants will be able to: Identify the main elements of financial management and assess whether the financial management in their station is adequate Identify the financial policies needed in a radio station Develop a budget Do a cash flow projection Develop and interpret a variance report Activity →
Procter & A; Gamble The construction of the Procter and Gamble is multidivisional construction. At P & A; G, we believe in taking advantage of all the unique and particular differences that our employees possess and leveraging them to the fullest.
In response to the conditions of globalization, the expansion of airports and the increase in the number of aircraft and vehicles Air freight, as well as tour and operation in various aviation systems and types around the world. I have a curiosity in the aviation management specialty to meet the requirements of the hour.in order →
The whole purpose of the book is to describe a practical program of appraisal and coaching that will help improve the performance of your employees. The main objective of the appraisal interview is for the manager to explain and sell her prepared appraisal to the employee.
Definitions of earning management vary, and include the following:' Is any action on the part of management which affects reported income and which provides no true economic advantage to the organization and may in fact, in the long-term, be detrimental'.' Involves the repetitive selection of accounting measurement or reporting rules in a particular pattern, the →
Which of the following ethical approaches is considered to be a mixed framework? a. Which of the following describes law and ethics.a.
There is no written contract between the farmers and Jack Daniel stating the terms and commitments they have for each other, such as, Jack Daniel providing the thick slop for the farmers for affordable prices, and the farmers preserving theenvironment.III. Jack daniel is not obligated to support the farmers.
The areas in which the majority of the staff is ignorant of how to use the technology must be assessed, as well as the areas of strength and in which staff members can be a source of help and guidance to others. Needs Assessment Design and Implementation The goal of this assessment is to locate →
The pros and cons of budgeting system within, 184. The pros and cons of budgeting system within, 183.
Financial activities of the organisation is one of the most important and complex activities of the organisation. Therefore in order to take care of these activities, the person in charge should maintain and ensure that the funds are utilised in the most efficient manner because it will affect the profitability, growth and good will of →
Furthermore the institute has a broad web affecting 80 staff offices around the universe.the institute is the laminitis organic structure of the Consultative commission of accounting organic structures and the International federation of comptrollers The term Chartered in the making given by the institute was granted by the Queen in the twelvemonth 1974. The Association →
The relationship between business and providers of capital, political and economic ties with other countries, inflation accounting, level of development, and the national culture are the five influences on accounting systems. In these cases the accounting system is geared towards the government and the banks that provide the majority of the capital.
The cheating behavior in this case was not severe that compared to cheating with telecom instruments and asking someone else to take the exam for all the students involved in the cheating incident, so they should receive same degree of punishment.4. Comparing the Scantron returned by D.R.and the copy of his Scantron, he did change →
It was not until highlights that I became a swimmer, and I walked onto the varsity team after the coach described my stroke as natural and the swimmers Joked that I was a prodigy. Sincerely, Alex Dear Icing Customer Service: I would Like to file a complaint and better learn about the process for filing →
We know Accounting is the systematic recording of financial transactions and presentation of the related information of the appropriate persons. Accounting is means and not an end: Accounting finds out the financial results and position of an entity and the same time, it communicates this information to its users.
Structure of SHGA SHG is a group of about 10 to 20 people, usually women, from a similar class and region, who come together to form savings and credit organization. But, in addition to the benefits of SHG Federations, there are some drawbacks, or constraints, that should be noted.
This paper ill discuss the changes I would make as controller for the company I currently work for; " The Beverage company' along with the newfound role of the controller and its impact on internal control systems, investor relations, strategic planning, control of cash, customer credit and collections, and inventory control within The Beverage Company. →
The assignment focuses on the results of the survey of the module-Organizational Behaviour which deals with the importance of the organisational rules in any company linked to its success in long tally. Though the aim of the survey is to analyze the administration in the context of kineticss of alteration impacting its really working with →
To have a Career in finance it is a must to be good at math and great at dealing with/analyzing numbers and data. One of the colleges I am interested in attending to become an accountant is The Ohio State University located in Columbus, Ohio.
Second, the comparison of management accounting and financial accounting To a better understanding of management accounting and financial accounting, the links and differences between management accounting and financial accounting are discussed below: A. Management accounting and financial accounting functions of the target mainly through the provision of information for enterprises and other organizations to provide →
A The procedure is basically one of acquisition in which employees can increase the effectivity of their public presentation in the workplace, hence increasing the opportunities of a company to make their aims at the most cost effectual manner possible. It is evident that their preparation and development is uninterrupted in order to make a →
What is the minimum price that needs to be set for the product if the required real rate of return is10% and inflation is expected to be 5% per annum? Appendix A- Computations supporting all the answers to the four sets of questions.
The US is not prepared for an approaching labor deficit in the severalsectors of the economy that require workers with low job skills. According to the report, the US is notadmitting enough immigrants to compensate for the imminent deficit of workerswith low job skills.
With reference to the Flexible Budget Section attached in Annex X, Flexible-Budget Variance for Revenues was identified to be a favourable variance of $50, 400 due to the fact that there was an increase of 216 participants on top of the budgeted 1800 participants and also an additional increased in course fee of $25 on →
The transactions identified are then analyzed to determine the accounts affected and the amounts to be recorded. It is prepared to test the equality of debits and credits after closing entries are made.
Abstract The aim of the project is analysis and discussion of the four articles related to the economic subjects. The cost-effectiveness of each financial project is implied; this is why accounting the cost of brokers' services is crucial to make the proper choice.full-service brokers are eligible to tracking the stocks the client chooses and to →
Even with the institutions of ethics within the business macrocosm which seek to support SOX, there still exists a gulf between the ethics of the individual and the absolutism of ethical policy. And this is a hard pattern to change with a theoretical set of codes such as the ones contained in the act".
Moreover, there is a need to promote the role of nurses in tobacco control and in response to the recognition of potential contribution to the field. The benefits of charismatic or transformational leadership are thought to include broadening and elevating the interests of followers, generating awareness and acceptance among the followers of the purposes and →
The higher the risk element in a project, the A.more attractive the investment is.B.higher the net present value is.C.higher the cost of capital is.D.higher the discount rate is.9. The proper treatment of an investment in receivables and inventory is to A.ignore it B.add it to the required investment in fixed assets C.add it to the →
3 Organizational Analysis of TheCakes & Bakes There were 10 majordepartments in Cakes & Bakes, which are; Production & Planning Department Process Improvement Department Quality & Control Department Information Technology Department Product Development Human Resources Accounting & Finance Department Data processing Department Logistics Department The organizational chart of the company, see Appendix 2. The department →
He said that his family is happy with him but he is not satisfied with his Job. Opinion of the owner: The owner of the asset is quite satisfied with the tenant because he gets RSI.
It will attempt to explain the differences and analyze the degree of alignment between your values and the organization's values as reflected by the organization's plans and actions. It includes the origin and subsequent evolution of my personal and workplace values.
Our access to the internet as increased tenfold from theprevious years with many more plugging in to the World Wide Web every second, we like to call ourselves the.com generation or if you fancy the title" millennial" you are in the right timeline. The current norm is for a company's employees to be able toaccess →
If I had to answer this question right away I would say that I am in the middle, I say that because of after reading the chapter on crime It made me see all the problems our criminal justice system has that needs working out. This is where a lot of people would say the →
As of 2014, several broad categories of stem cells exist, including: Embryonic stem cells, derived from balloonists Fetal stem cells, obtained from fetus Post-natal stem cells, derived from newborn tissues Adult stem cells, found in adult tissues including Homeopathic stem cells, Mechanical stem cells, and Neural stem cells Cord blood stem cells, isolated from umbilical →
The Standard Chartered Group was formed in 1969 through a merger of two banks: The Standard Bank of British South Africa founded in 1863 and the Chartered Bank of India, Australia and China, founded in 1853. Both companies were keen to capitalize on the huge expansion of trade and to earn the handsome profits to →
1 Financial Statements Preparation and PresentationThe first report prepared is the Income Statement, which reveals the financial performance of the company for the financial year considered. However, in the financial statement of a company, the statement of changes in equity is presented after the Balance Sheet due to the importance that the latter statement have.
In production and management for the instability of the enterprise, the implementation of the profit smoothing method, can deliver to the outside a production and business operation stability of information, strengthen the inference of investors for the enterprise, stable prices, and also help to shareholders to wealth minimization goal. Earnings management to a certain extent →
Maria calculated the contribution margin and the unit contribution margin for each type of cookie, determined to reduce the production of lemon creme cookies and to increase the production capacity for the bulk order of real mint cookies. The unit contribution margin for the lemon cookies is smaller and Maria would have to increase the →
Controversy and obscureness in the definition of the footings ' zero C ' and ' carbon impersonal ' along with other nomenclature that implies a province of non being of the chief nursery gases is the nucleus of the much of the attending given to the subject of zero C places. Although the physical environment →
State which of the following items could appear on the balance sheet of a business as an asset. The hiring of a person is not considered to be the acquisition of an asset and so would not be recorded on the balance sheet but his salary would be considered a cost in the profit and →
Financial Administrator Retrieving assets, such as shareholders, creditors, banks Working in this field will require your complete assiduousness to serve clients furthermore be capable to definitely describe the financial services Capable of imparting instruction in different fields of the finance background including planning and control As a shareholder, you must implement different facts and law →
This will also help to ease their checking in their inventory; Compiling the cost of the items in inventory to the general ledger. To verify the amount of the total sold items in inventory they also compile the general ledger of the items sold.
The ICAI is involved in encouraging and enhancing close links between ICAI and its members serving the society in various capacities so as to provide for them, a base of reference in terms of knowledge, expertise, skills and assistance in individualcareergrowth through the development of extensive and intensive relationship with organizations and agencies of the →
When adolescents get to around the age of 15 they start to imbibe underage this stems the gross revenues in companies like Coca Cola as it means they are not acquiring as many gross revenues. Recycling policies: Coca Cola has to seek and do their bottles are reclaimable as possible without doing the bottles a →
The following are the major regulatory bodies in finance and accounting: The Financial Accounting Standards Boards oThis body is responsible for setting standard for reporting information on finances to the public. The goal of this body is to set a common, global accounting standard and promote the use of those standards.
Reward your reps for theirhard work and in turn, they will reward you with more sales. Track records: With sales automationsoftware you can track sales, commission and rewards of a particularsalesperson or for the whole sales department.
This is the reason why nurses are dubbed as " the hearts and hands of health care" and they continue to be the largest group of health care professionals. Department of Health and Human Services, there is a projected shortage of nurses in the United States ballooning to 800, 000 by the year 2020.is thus →
The process of speeding up and increasing the receivables and the process of handling the debt in a more scientific manner can be discussed only after researching the balance sheet. The capital needs and the cash levels of the organization should be monitored from time to time.
As of 2000, at 31 percent, Puerto Rico had the lowestemployment in the Americas and the Caribbean, as the article " RestoringGrowth in Puerto Rico: The Economic and Policy Challenges", claims. In the same way, Puerto Rico measures for GDP, but they usethe domestic investment factor in a different perception, which is mostlybecause fixed domestic →
In the listing of the company's assets, Toyota Motors employees the GAAP of principle of consistency, principle of sincerity, principle or regularity and principle of continuity. In recording the company's liabilities, Toyota Motors utilizes the GAAP of principle of regularity, principle of non-compensation, principle of continuity, principle of utmost good faith and principle of full →
The story is told in third person narrative and gives the reader a good impression of the character of the people involved through their actions and their words. After listening to Bess's tales of adventure and fun, Lottie soon realizes that it is she who is the poor one poor in relationships and love and →
One advantage of Activity-Based Costing system is it has more accurate overhead cost allocation because there are more cost pools, the costs in each pool are more similar, and allocation is based on activities that cause overhead costs. Most of the cost drivers are related either to the volume of production or to the complexity →
This is the central goal of Verbal Decision Analysis or VDA The Verbal Decision Analysis is a framework for designing methods of MCDA by using preferential information from the decision makers in the ordinal form, a type of judgment known to be stable and consistent. The decision maker is proposed to analyze the list of →
To understand the migration impact on poverty of plantation labourers Material Method The present research the impact of migration to the plantation sector in Karnataka on poverty based on empirical research. None of the plantation migrant households perceived their health and sanitation status to be poor after migration.
MediaCulture: the Triumph of the Spectacle " Media culture is a contested terrain across which key social groups and competing political ideologies struggle for dominance and.individuals live these struggles through the images, discourses, myths, and spectacle of media culture" -Douglas Kellner, Media Culture Table of Contents Introduction - 3 History of Media - 4 Media →
Force, one is expected to be professional and ethical enough to make decisions that positively impact on his or her department to the extent that he/she can be accountable for actions or consequences that arise as a result of their decisions or choices. Being accountable calls for the basic understanding of one's tasks and responsibilities, →
When we calculate the equation of " First order Sugeno" the grade of the rank variable of X1 in the rank map of Ai is multiplied by the grade of the rank variable of X2 in rank map Bi and the merchandise is deemed a first Liner Regression Weight. This paper has introduced a system →
Along with the resonant argument of imminent bankruptcy and closure, the said Airline imposed a number of policies that would change the lives and the perspectives of its employees concerning the business practices and strategies being employed by the 4th largest airline in the United States. The roots of Northwest Airlines' current labor crisis was →
The main purpose of this research is to compare and contrast the quantitative impact of the IFRS adoption on financial reporting in Spain and the UK. Q4 What are the research findings? " H01: There are no significant differences in the value of accounting figures and financial ratios determined under local GAAP and IFRS" H01 →
Your friend had made all of the payments so far, and it appears he will be able to pay in the future. Since the probability of you losing your job is undisclosed I do not think it would be necessary to disclose any of this information with the bank.
Two events have been identified in relation to the company and they are preferred funding source namely; Short term investment which is concerned with strengthening the organization's ability to compete in the video market as the company scales the new video services. This source of funding is the most appropriate due to the following; The →
The mandates of No Doubt, Inc.includes: Help ensure equitable access to appropriate social services for our clients; Preserve and strengthen linkages/ integration between community services and programs from both the private and public sector; Identify strategies to enhance the transitional relationship for our clients; and Raise awareness to activities, support, and aid that our clients →
In regard to the new SAS 112 regulation and its impact for accounting auditors; it is important that we closely examine the challenges of communicating accounting changes effectively with different groups, and understand the problems that may occur from poor communication and impact the productivity of workers. For the accounting changes we are communicating to →
The increased opposition is as a consequence of a decrease in diameter of the lms and thickener of the walls of immune blood vass. Vasodilators are another of import class of drugs in the intervention of high blood pressure as they help in the relaxation of the musculuss in the blood vass.
Endress+Hauser In the summer of 2004, the sensors and instruments manufacturer migrated its SAP system on to a mainframe running Linux. Linux on the mainframe seems to give us the best of all worlds: the dependability and resilience of over 40 years of hardware innovation and a flexible, reliable open source operating system.
Description of the company Deloitte isone of the " Big Four" accounting organizations and the largestprofessional services network in the world by revenue and number ofprofessionals. They aim to be the best at all that they do to help clients realize theirambitions; to make a positive difference in society; and to maximize thesuccess of their →
In analogue, the WiMAX Forum Network Working Group is driving the development of specifications for femtocell solutions in the entree and nucleus web. An NSP contains the CSN which is composed of the AAA entity and the HA to supply a set of web maps that are needed to function each WiMAX endorser.
Adenosquamous carcinoma of breast is raretumours included in the last edition of WHO classification of breast cancers, as a subtype of metaplastic carcinoma. Here, we report a case of adenosquamous variant of metaplasticcarcinoma of breast in a 61 years old female who presented with a lump in theright breast.
The introduction of ERPS has the potential to have a significant impact on the worker of management accountants. The way in which management accountants and managers interact to make decisions may even change as a result of the ubiquitous ease of access to information.
This survey agrees with Ling that rating of public presentation in any system is the key to mensurate how good the system is working and finds that the standards for undertaking public presentation goes beyond the Fe trigon of cost, clip and quality as suggested. For this ground, this survey agrees that pull offing cost →
This is positive for the business as it shows that in theupcoming months after May, the closing balance will continue to increase whilstit also shows that as credit sales comes into the business, the net cash floweach month increases significantly. Compared to the current proposal, it shows that the totaloutflow cost each month is higher.
First the student must go to the Administration Office if he is a registered voter, then goes to the voting area and chooses the candidates he likes. After that, the student submits the filled-up ballot form to the voting administrator in order for his votes to be cast.
I have been impressed with the service GVEA provides tothe Fairbanks community as well as the opportunities they provide to theiremployees, which is why I would like to join your team. At this point in my career, I want to use my education and workexperience as a valued intern with GVEA.
I Direct I Supports motivation of employees in organization products/programs and operations Board have sufficient and up-to-date information I Looks to the future for change opportunities I Interfaces between Board and employee I I Ensures staff and Interfaces between organization and community Formulates policies and planning recommendations to the Board Decides or guides courses of →
Add two lines at the bottom of the income statement: one line shows the operating profit per unit for each type of pen based on your ABC calculations, and the other line shows the operating profit per unit based on the traditional-income calculations in Exhibit 1 of the case. In the traditional income statement, overhead →
Question 3) Part a) Payback period for project red Initial outlay = $400, 000 Cash flow yr 1 to 8 = $100, 000 Cumulative cash flow at year 4 = $400, 000. Payback period for project blue Initial outlay = $ 560, 000 Annual cash flow =$150, 000 Cumulative cash flow before payback = $450, →
The Chief Financial Officer is responsible for providing timely and relevant data to support planning and control activities and for preparing financial statements for external users The chief financial officer is a corporate officer primarily responsible for managing the financial risks of the corporation. A CFO must be able to identify and report what areas →
Therefore, the key to ensuring the security of the hardware is to control the human factors, enterprise should focus on strengthening the management of a variety of equipment use and maintenance.2. Information security policy is the set of rules, standards, practices, and procedures that the company employs to maintain a secure IT system.