Abu Musa Jaber Ibn Hayyayn generally known as “The Father Of The Chemestry” and also known as Al Chemist “Geber” of the middle ages of an ”attar” (druggist). The date of the birth is not known but it is established that he practised medicine and alchemy in kufa (now known as Iraq) around 776A.D. In his Early age he practised medicine and was under the patronage of Barkemy Vazeer during the Abbasith caliphate of Haroon al Rashid. He suffered after the downfall of the Barkami and was placed under house
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I THE RED FLAGS and the Allegations by the SEC -1996‚ Ruttenberge family sold a large chunk of stocks for $49.6m on the second public offering while the financial statements continuously showed positive trends - The financial statements analysis - Cash flows were negative while profit was reported. Early 1999‚ liqutity problem arised‚ sold $200M of high-yield or Junk bonds in mid 1999. - Justice Department: Adam Gilburne: guilty to conspriracy to commit wire and securities fraud to inflate
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PART FORM ANU AUSTRALIAN UNIVERSITY : Enron‚ Parmalat‚ WorldCom‚ HIH – these corporate failures and accounting scandals have shaken the foundations of investor confidence in the transparency‚ integrity and accountability of corporations and capital markets. There has also been public disquiet about the role professional auditors and audit firms have played in these corporate scandals. The consequences for many of the players in the market for financial information have been enormous; reputations
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Alchemy was‚ in the 17th century‚ commonly accepted within the scientific community. Though of as a sacred‚ and secret research‚ alchemy was a science focused on nature. Alchemist were known to create magically potions that would cure any disease. One item searched for more than any other was the philosopher’s stone which was actually a liquid. The philosopher’s stone had the power to turn base metals into silver or gold. If a person were to drink it‚ they would be gifted with immortality. Being
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does the issues and complications associated with the process. The auditing process is a major part of Accounting. The issues about ethics in relation to Accounting process are becoming a more serious problem in today’s world. The Accounting process is highly sensitive‚ because it deals with what many people consider one of the most important thing in life: “money” Accounting incorporates a variety of functions- such as auditing- in which activities must be carried out with utmost care‚ adequacy
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and managers may be surprised to discover that the origins of the world’s most widely used psychometric instrument lie in pre-modern systems of knowledge. Astrology and alchemy – the occult roots of the MBTI by Peter Case and Garry Phillipson There appear to be no reputable investigations into the influence of astrology and alchemy on organisation and management‚ which is surprising given the continuing popularity of astrology. Aside from some research into how marketing executives are using astrology
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Page 1 of 15 CEBU CPAR CENTER Mandaue City‚ Cebu AUDITING THEORY AUDITING IN A COMPUTER INFORMATION SYSTEMS (CIS) ENVIRONMENT Related PSAs/PAPSs: PSA 401; PAPS 1001‚ 1002‚ 1003‚ 1008 and 1009 PSA 401 – Auditing in a Computer Information Systems (CIS) Environment 1. Which statement is incorrect when auditing in a CIS environment? a. A CIS environment exists when a computer of any type or size is involved in the processing by the entity of financial information of significance to the audit
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Alchemy‚ How It All Started Alchemy is an interesting subject to learn. In fact‚ chemistry and even the periodic table were all started because of alchemy. Alchemy is mostly known as magic and all the fictional stuff‚ but in all honesty. Alchemy is much more than that. Now that brings the question‚ what is alchemy and how has it been attempted? Well‚ you’ve come to the perfect person! What is alchemy? Alchemy is when a person try add some basic materials from the periodic table and see what it
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A professional judgment is a key factor in auditing. As a result of development of auditing and accounting industry‚ especially after a series of accounting fraud and auditing failure cases‚ such as Enron and Arthur Andersen‚ in the last decade‚ professional judgments is becoming a more and more important aspect for the independent auditing industry. Recently‚ many countries and professional bad issued more strict auditing standards to emphasize to this point. It means the auditor should be required
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Q: “Auditing begins where accounting ends. State points of difference between accounting and auditing? “Auditing begins where accounting ends” Accounting is a process of maintaining business records. Joint stock companies are required by law to maintain proper record of business transactions. Maintaining books of accounts and preparing financial statement is a prime responsibility of directors. The shareholders are ambitious to see that their investment is safe. It is therefore imperative
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