BA (HONS) ACCOUNTING & FINANCE BA (HONS) PROFESSIONAL ACCOUNTING PROFESSIONAL ACCOUNTANCY COURSE YEAR 3 AUDIT & ASSURANCE 1 INDIVIDUAL ASSIGNMENT BRIEF HAND OUT DATE: 5th October 2011 HAND IN DATE: INSTRUCTIONS FOR COURSEWORK You are required to research and prepare a report based on one of the following topics. Please seek the assistance of the module leader Ivor Pingue and your seminar tutors for help and guidance with your coursework. Do not leave the research too late
Premium Audit Auditing Financial audit
Case study -4 MANAGERIAL FINANCE –BUS503 Professor : Rob Shah‚ MBA‚ CPA‚ CMA Course Dates : 01/12 – 03/08 Name : NAVEEN XAVIER Abstract The purpose of this paper is to summarize the Case Study The MBA Decision. This case discusses the Exotic Cuisines Employee stock options. The purpose of this paper is to Exotic Cuisines Employee stock options and make the decision that is going to be the most fiscally responsible in the long run. This decision will be achieved by answering the
Premium Stock market Option Call option
Introduction In conclusion with this assignment series‚ in this fourth assignment‚ the final recommendation as solutions that will fix this major company thread. Major change will need to happen in order to address this imminent problem. Flayton Electronics has faced a severe risk that can jeopardize the integrity of the business leaving it open to lawsuits from either customers‚ banks‚ or investors. Project Progress The Flayton Electronics security breach had brought with it many risks and opportunity
Premium Project management
List of 5 Audit triggers 1. Detect the pattern of physician’s using the “cut and paste” method as a way of completing the record. 2. Detecting unauthorized access to EHR. 3. Detecting the misuse and overuse of modifiers. 4. Identifying a significant change in the Centers for Medicare and Medicaid’s bell curve. 5. Monitor the number of patient complaints. Why would your 2 choices be the best to include as part of a design of an audit trail? 1. First‚ I feel that the “cut and paste” method is a common
Premium Patient Health care Health care provider
Sustainable use of energy- A case study on Energy Audit for Centre for Environmental Studies‚ Anna University (V. Vandhana Devi*) Abstract Climate Change & Global warming‚ ever increasing energy prices‚ acute energy shortage‚ forever widening and supply gap‚ hence energy efficiency and conservation measures have gained importance in the recent years. This paper involved an energy auditing with a view to enhance the existing energy efficiency level in the Centre for Environmental Studies
Premium Energy conservation Efficient energy use Carbon dioxide
Operational Audit Best Practices A methodology to Conduct Operational Audit in Public Sector Organizations What is Operational Audit? Operational Audit is a methodology for assessing the conformity of implementing the procedures and methodologies set forth in the department’s instructions‚ regulations or documents. Operational audit is performed by specialized auditors. Upon completion of the auditing process‚ a report of findings with recommendations is submitted. Operational audit contributes to
Premium Audit Auditing Internal control
Audit Manual – PART TWO SYSTEM BASED AUDIT Table of content 1. 2. Introduction.......................................................................................................................3 Systems based audit ........................................................................................................4 2.1. 2.2. 2.3. 2.4. 2.5. 2.6. 2.7. 2.8. 3. 3.1. 3.2. 3.3. 3.4. 3.5. 3.6. 3.7. 4. 4.1. 4.2. 4.3. 4.4. 4.5. 4.6. 4.7. 4.8. 4.9. 4.10. 4.11. 4.12. 4.13. Preparing for & planning
Premium Internal control Auditing Audit
INTERNAL AUDIT 1 Internal audit ‘Internal audit’ is an appraisal activity established by management for the review of accounting and internal control systems as a service to the entity. It reviews‚ monitors and make recommendations for the improvement of systems. Other activities include: Examination of financial information Review of economy‚ efficiency and effectiveness (‘value-for-money’ audits) Review of compliance with external laws and regulations Review of internal policies Review
Premium Auditing Audit Internal audit
CONTROLS IN AN EDP ENVIRONMENT The second standard of field work requires that we obtain a sufficient understanding of the client’s internal controls (I/C) to plan the audit and assess control risk. We hope that our assessment of control risk shows it to be low so that we can reduce substantive testing‚ thereby reducing audit costs. When EDP is used in significant accounting applications‚ then you must consider the effects the computer has when evaluating the internal controls. The auditor’s
Premium Internal control Auditing Financial audit
Acknowledgement In the name of Allah‚ the Most Gracious‚ the Most Merciful Alhamdulillah‚ all praises and gratitude to Allah the All Mighty for his blessings and also for giving us the strength and patience to complete the comparative study of annual report. First of all we would like to express our thankfulness to She has indeed given us high encouragement and really put an effort to make sure we complete the assignment successfully. Her invaluable help of such constructive
Premium Corporate governance Board of directors