ACC 3401 Audit and Professional Ethics │LECTURE 1│ Concepts of Auditing Learning Objectives After the lecture‚ students should be able to: describe the nature‚ purpose and scope of an audit; describe various basic principles and concepts of auditing and explain their importance in the actual audit procedures; and describe the professional framework within which auditors must operate. 1. Accounting vs. Auditing Accounting - the process of recording‚ classifying‚ summarizing and
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----------------------------------------------------------- Accounting Concept and Conventions In drawing up accounting statements‚ whether they are external "financial accounts" or internally-focused "management accounts"‚ a clear objective has to be that the accounts fairly reflect the true "substance" of the business and the results of its operation. The theory of accounting has‚ therefore‚ developed the concept of a "true and fair view". The true and fair view is applied in ensuring and
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Self-concept emerges as a child develops an increasingly rich concept of him or herself‚ separating the notion of "I" from other people and objects. In addition to he concept of "I" a child develops a separate notion of "Me" which has certain defining features and qualities. William James defined "Me" as one that is observed and perceived. "It is the Me that one sees when attention is focused on the self‚ the Me as an object‚ represented in self-concepts‚ in how we see ourselves." The notion of
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Business Continuity Planning Lab #6. A risk assessment is a process to identify potential hazards and analyze what could happen if a hazard occurs. A business impact analysis (BIA) is the process for determining the potential impacts resulting from the interruption of time sensitive or critical business processes. A business continuity plan is a roadmap for continuing operations under adverse conditions such as a storm or a crime. A disaster recovery plan‚ is a plan for business continuity
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Arabization The concept of Arabization : Arabization is used in the literature in four different senses: 1) It could be used to mean borrowing foreign words without changing them like أكسجين and نانو. These words are described as دخيلة . Sometimes these words are adapted to the phonological and morphological systems of Arabic; e.g.‚ تلفزيون and they are described as معربة. (linguistic dimension) 2) It could be used to mean translating from other languages into Arabic. In this sense‚ Arabization
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piano and an electric bass. Woodwind instruments and some drums can also be heard in the background. The form in this song focuses more on a slower sound and has more emphasis of the bass. This song brings out the main aspects of reggae music‚ which brings bass to the forefront. As with reggae‚ the song continues with an almost booming bass‚ the bass is what makes the song. The main recognizable elements of this song is offbeat rhythms. In most reggae songs‚ the rhythmic pattern
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Concept of Community 1 Running head: Concept of Community Concept of Community Abstract The purpose of this paper is to discuss the concept of community. The paper will explore the differences and definition between community and aggregate. The author will further discuss specific identification and description of an aggregate. The paper will conclude with the writer’s personal expression regarding this topic. Community vs. Aggregate Public health nurses and other care
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The Concept of Immigration: Just Move Geographically or More Than It? About 30 years ago from now‚ when my grandfather made a decision to migrate to France‚ due to some economic‚ sociocultural and domestic problems which he faced‚ this decision and its possible results seemed individualistic and unique to my grandfather at first glance. However‚ having such individualistic perspective on the concept of migration true or acceptable? In this case‚ when the concept of migration is analysed
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Historical Cost Concept What is historical cost? Historical cost is a term used instead of the term cost. Cost and historical cost usually mean the original cost at the time of a transaction. The term historical cost helps to distinguish an asset’s original cost from its replacement cost‚ current cost‚ or inflation-adjusted cost. For example‚ land purchased in 1992 at cost of $80‚000 and still owned by the buyer will be reported on the buyer’s balance sheet at its cost or historical cost of $80
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THE CONCEPT OF CARE AND THE NURSING METAPARADIGM Caring is a core element in nursing even yet it remains elusive to the entire nursing metaparadigm. All nurses as required by their profession must be caring. For it is through caring that nursing derives its uniqueness and contributes significantly to health care (Thorne‚ Canam‚ Dahinten‚ Hall‚ Henderson‚ and Kirkham‚ 2002). This is not only the patient as an individual but the family and community as well. Further as the nursing profession continues
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