My Journal Monday (09.07.2012) We arrived at Bengaluru International Airport around 5.25 pm and we set our watches to Bengaluru time which is 2½ hours later than Malaysian time. After 4 hours in Airasia AK1212‚ we finally reached Bangalore for our conference tomorrow. We stayed in Woodlands Hotel and it is about 1 hour journey from the airport. Our conference will be held in ITC Gardenia‚ the first green hotel in the world which is just across the road from where we stayed. Tuesday (10
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Auditing: A Journal of Practice & Theory Vol. 29‚ No. 2 November 2010 pp. 115–140 American Accounting Association DOI: 10.2308/aud.2010.29.2.115 Do Abnormally High Audit Fees Impair Audit Quality? Jong-Hag Choi‚ Jeong-Bon Kim‚ and Yoonseok Zang SUMMARY: This study examines whether and how audit quality proxied by the magnitude of absolute discretionary accruals is associated with abnormal audit fees‚ that is‚ the difference between actual audit fee and the expected‚ normal level of audit
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Strategic Marketing Management: consists of 5 interrelated processes: 1) Defining the organization’s business‚ mission and goals 2) Identifying and framing organizational growth opportunities 3) Formulating product-market strategies 4) Budgeting marketing‚ financial and production resources 5) Developing reformulation and recovery strategies Business definition: type of customers it wishes to serve‚ the needs of the customers that it wishes to satisfy‚ and the means or technology
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investment account. c. Dividends received are reported as revenue. d. The investment is recorded at cost. e. Amortization of fair value over cost reduces the investment account. Correct Marks for this submission: 1/1. Question 4 Marks: 1 An investee company incurs an extraordinary loss during the period. The investor appropriately applies the equity method. Which of the following statements is true? Choose one answer. a. The extraordinary loss would reduce the value
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SEBON Journal Volume III July 2007 Securities Board of Nepal Thapathali‚ Kathmandu 2 SEBON Journal‚ Vol.III‚ July 2007 Building a Dynamic Capital Market - Deepak Raj Kafle Nepalese financial system is characterized by small but a growing capital market. During the past 14 years of its operation‚ securities market has witnessed three market phases of ups and downs. The latest upswing started from the fiscal year 2002/03 and is continuing. During this phase‚ Nepse index‚ the
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University of Phoenix Material Food Journal Complete the following table as a food journal for Weeks 2-5 of SCI/220. Use food labels or the Internet to search for the calories in each food item and for the calories burned during physical activity. Total the calories and calories burned for each day. Submit these journals to the facilitator. Day Food and beverages consumed throughout the day Calories of each item Physical activity for the day Example One cup of Raisin Bran Crunch
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Task 1 – Signed off Learning Contract Learning Contract Choice of topics and learning context. This learning contract has been prepared to guide my study of two very useful topics. I have chosen to develop my competencies in ‘Working relations’ and ‘Time management’. Should any of these prove difficult my focus will change to the topic of ‘Influence and Persuasion’. Below I have cited reasons why I have chosen the above topics. The first reason is due to the tough
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Revenue‚ Capex‚ Opex 3 Reserves 3 Sunk costs: 3 Opportunity Costs: 3 Royalty‚ Tax‚ Ring fencing 4 Types of Petroleum Fiscal Regimes 4 Net Cash Flow 4 Concessionary system vs. Production Sharing contracts 5 Going Internation – Bidding Process 5 Economic Modelling 6 Production Costs 7 Wildcat 7 What is the wild cat success ratio? And what are the considered factors? 7 Depreciation 8 Abandonment 8 Goodwill‚ Leases‚ Ringfencing 9 Volatility of Crude Oil 9 Volatility of Gas 10 Forecasting 10 Opportunity
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cash balances are appropriately disclosed. Therefore of the 5 assertions and audit objectives listed above the 3 assertions applicable to direct test of cash balances are Existence‚ Completeness and Valuation. b) List 4 audit procedures to use in auditing cash. (4 marks) SOLUTION: Because of the large volume of transactions and the small account balance‚ the audit strategy is invariably to concentrate on verifying the account balance rather than the transactions. Moreover‚ because of the
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