Just in time (JIT) is a production strategy that strives to improve a business return on investment by reducing in-processinventory and associated carrying costs. Just-in-time production method is also called the Toyota Production System. To meet JIT objectives‚ the process relies on signals or Kanban (看板 Kanban?) between different points in the process‚ which tell production when to make the next part. Kanban are usually ’tickets ’ but can be simple visual signals‚ such as the presence or absence
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Question 1(12 marks) (1 mark for each relevant point) Scenario 1 o The auditor would need to confirm information provided by the CFO with the bondholder’s. o The CFO has classified the bond as current and provided a going concern note and therefore the financial statements are in compliance with GAAP. o The auditor would need to perform procedures as to the adequacy of the note disclosure. o If the going concern note disclosure is considered adequate‚ the auditor would issue an unqualified
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Audit Quality and Audit Firm Size: Revisited by Dan A. Simunic The University of British Columbia December‚ 2003 Background: 1. Audit quality is an important element of corporate governance – although it’s unclear whether audit quality and other aspects of corporate governance (e.g. director knowledge and independence) are fundamentally complements or substitutes. 2. Notion that audit quality varies systematically across classes of audit firms (now Big 4 vs. non-Big 4) has been
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Audit Risk Analysis Project – Bebe‚ Inc. Liberty University ACC 622 Advanced Auditing Due May 7‚ 2010 Table of Contents Memorandum ...................................................................................................................3 History ............................................................................................................................. 4 Product Offering ........................................................................................
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of information enhancement services that are provided by certified public accountants (CPAs). Two types: Increase reliability of information Putting information into a form or context that facilitates decision making. Types of Services Assurance Services Attestation Services Example: Audits of Financial Statements‚ Examinations of Internal Control Other Assurance Services Example: CPA ElderCare Prime Plus Services NonAssurance Services Tax Services Management Consulting Services Other
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INTERNAL AUDIT TRAINING MODULE BASED ON THE INTERNAL AUDIT PROCEDURE MANUAL Ministry of Finance & Economic Development November 2005 TABLE OF CONTENT MODULE I I. INTRODUCTION AND GENERAL BACKGROUND SESSION I INTRODUCTION BREAKING THE ICE LEARNING CONTRACT BASES AND AUTHORITY THE GENERAL CONCEPT OF AUDITING 1 1 1 2 3 SESSION II HISTORICAL DEVELOPMENT OF INTERNAL AUDITING INTERNAL AUDITING IN ETHIOPIA THE SCOPE AND PRACTICE OF INTERNAL AUDITING IN ETHIOPIA NEED TO ADOPT THE PROFESSIONAL
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Afghanistan Just War theory points out that there can be motives for going to war that do have a moral content‚ and just war theory claims that war can‚ under certain conditions‚ be morally justified. Proportionality is perhaps the most utilitarian of all Just War tenets. It calls upon leaders not to lose their head and engage in costly conflict if there are cheaper (e.g. economic‚ diplomatic) options available to them. There are three main opponents to the Just War theory: the decision to go to war
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LSP 203/05 Behaviour Psychology Semester 2 Tutor Marked Assignment 1 (TMA 1 - 15%) Submission Date: 25‚ August 2012 (1200 hrs) Tutor-marked Assignment 1 Instructions: 1. TMA 1 has TWO parts to the question. You are required to answer both the parts with appropriate answers. Part A should be about 600 - 700 words while Part B should be about 600 - 700 words‚ double-spaced‚ and in Times New Roman‚ Font 12. 2. TMA 1 covers Unit 1 and 2 – “Behaviourism: The Beginnings” and “Functional
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Introduction: Audit emerges because society needed. Auditing has been a regular feature of organized human activity from the earliest times. Indeed evidence suggests that formal audit procedures existed in the economic activities of the most of the early civilization. With the advancement of development‚ audit emerges as a separate discipline & contributes to the economic & social advancement. Audits serve a vital economic purpose and play an important role in serving the public interest to strengthen
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readily accepts them as members of society. Bangkok must be a city that understands sexual differences‚ not just accepting different lifestyles. It must be a friend to every difference. Thai people do not seem to mind or feel disgusted people who are transsexual. More to that‚ polls conducted on transsexuals in Thailand showed that 40% of their fathers and 66% of their mothers accepted the decisions to alter their genders and in fact encouraged them to do so. Transition: Now‚ we have finished the first
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