Internal Audit Report for ABC Company Abstract The purpose of this report is to notify the accounting department about an accounting error that was discovered in a recent audit. Because of a weak internal control system‚ an adjusting entry for prepaid insurance was not recorded for the first three months in the amount of $500 per month. This report will identify three limitations of the internal control system‚ it will identify and explain two examples of internal control procedures‚ find symptoms
Premium Internal control
College of Management Applied Managerial Accounting Summer 2013 SCM610 Instructor: Dr.Damron‚ Sandra ASSIGNMENT # 1 By : Ahmed Hassan Zahmuwl Chapter 1: 3‚ 6‚ 7‚ 18‚ 24‚ 26 1-3 List and define the four basic management activities? Planning Planning is the ongoing process of developing the business ’ mission and objectives and determining how they will be accomplished. Planning includes both the broadest view of the organization (its mission)‚ and the
Premium Costs Cost Management accounting
BBC Timeline The U.S. and Iranian conflict started more than 60 years ago. It started when the U.S. and British intelligence agencies killed the Prime Minister of Iran. The U.S. then sought them for help almost 30 years later‚ by selling them weapons‚ but Iran had a plan of their own‚ America did not receive their help. In 2002‚ Bush declared Iran as an “axis of evil‚” this angered Iran. That same year‚ it was revealed that Iran is developing nuclear facilities. During a phone call between the Presidents
Premium Nuclear weapon Cold War World War II
$35 per share A stock warrant will be profitable if the stock price exceeds the cost of warrant plus exercise price at expiration. Thus‚ in this case a warrant will be a profitable investment if shares are traded at $37 or more ($2 + $35) Hence‚ if ABC stock is getting traded at $45 per share in 10 years‚ the warrants would be worth $10 each making the return on warrant = 400% (each warrant is $2 and return = 8/2*100 = 400) However‚ is the stock is less than $25 in 10 years the warrants will have
Premium Stock market Stock Security
FROM PAPER-PUSHER TO STRATEGIC PARTNER; THE CHANGING ROLE OF THE HUMAN RESOURCE PROFESSIONAL by Faith Glaspie-Ellis A Dissertation Presented in Partial Fulfillment Of the Requirements for the Degree Doctor of Philosophy Capella University November 2006 UMI Number: 3244900 Copyright 2006 by Glaspie-Ellis‚ Faith All rights reserved. UMI Microform 3244900 Copyright 2007 by ProQuest Information and Learning Company. All rights reserved. This microform edition is protected against unauthorized
Premium Management Business school University
Robert cannot take any textbooks home for completing his homework in any core subject because his teachers do not have enough course books for everyone. In fact‚ everyone must team up to use textbooks while the teacher is lecturing. The school library does not have a librarian‚ so it is rarely open. He gets low qualified teachers because the high-quality teachers do not stay at his school‚ due to lack of resources and support. The classrooms do not include computers‚ so there is no computer instruction
Premium Education School Teacher
The Stranger The Stranger written by Albert Camus‚ a Nobel Prize winner‚ tells the tale of a young man named Monsieur Meursault. In the beginning‚ Monsieur Meursault’s mother‚ Maman‚ has died. After getting a telegram containing news of Maman’s death‚ Monsieur Meursault heads to Marengo where his mother had been taken care of in a home. He is greeted by the director of the home who leads him to the mortuary to see Maman. Meursault attends her vigil that night and attends the funeral procession the
Premium Albert Camus The Stranger Existentialism
ABC LEARNING CASE STUDY Table of Contents Nature and relevance of risk to corporate accountability 3 Importance and implementation of risk analysis and risk management systems. 4 Risk management 4 Risk analysis 6 Risk management framework 7 ABC Learning 8 Risk at ABC 9 ABC’s Financial Statement 10 Comparing and contrasting corporate governance 13 Corporate Governance Theories 13 Usefulness of publicly available information 16 References 18 Nature and relevance of risk to
Premium Risk management Management
Albert Einstein was born at Ulm‚ in Württemberg‚ Germany‚ on March 14‚ 1879. His family moved to Munich and he went to school at the Luitpold Gynasium. Later in his life‚ his family moved to Italy and Einstein went to school at Aarau‚ Switzerland. He was admitted to the Swiss Federal Polytechnic School in Zurich where he learned how to be a teacher in physics and mathematics. Since he could not find a job as a teacher‚ he worked as a technical assistant in the Swiss Patent Office. While working there
Premium
get to America. I’m just thinking about all the things I could be able to do. We had one last breakfast together and it was the best meal that I had all year. But that breakfast was the most important because we were going to leave my mother hear at Ellis Island because we didn’t have enough money to take her. The journey will be hard without her‚ but me and my brother‚ Connor‚ would be traveling together. Connor is a little bit younger than me though so I would have to look out for him. Soon after
Premium Mother