reinforcement‚ punishment‚ and extinction. Positive reinforcement is following a reaction with something enjoyable (Robbins & Judge‚ 2007). Employees need recognition for exceeding the organization’s standard on job performance. A well-organized reward program will motivate employees to excel the organization’s standard. Example of this are: employee of the month‚ quarter or year‚ and recognitions to employees for presenting ideas to improve the organization’s operation. Negative reinforcement is also
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Audit committee member toolkit June 2009 Table of contents Audit committee charter Example audit committee charter ..............................................................................................................................1 Audit committee report Example report of the audit committee ....................................................................................................................11 Financial expertise Audit committee financial expert questionnaire
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Accounting Horizons Vol. 21‚ No. 2 June 2007 pp. 165–187 Auditor Communications with the Audit Committee and the Board of Directors: Policy Recommendations and Opportunities for Future Research Jeffrey Cohen‚ Lisa Milici Gaynor‚ Ganesh Krishnamoorthy‚ and Arnold M. Wright SYNOPSIS: To contribute to the Public Company Accounting Oversight Board (PCAOB) project on auditor communications with audit committees and boards of directors‚ we present in this paper a review of relevant academic literature
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Internal Control Procedures ASSIGNMENT 1. Who is ultimately responsible for the corporate governance of an organisation? The Board of Directors 2. Who else plays a part in corporate governance? Shareholders‚ auditors and other stakeholders. 3. Who are the stakeholders? A person‚ group or organisation that has interest or concern in an organisation. 4. List the corporate governance requirements a company needs to adhere to: The company has an adequate system of internal control in
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Managing the Project Cycle 1. The assessment and planning phase 1.1 Training your staff in Project Cycle thinking 1.2 Identifying the real problems and needs 1.3 Stakeholder analysis 1.4 Problem analysis 1.5 Project planning and design 1.6 Strategic planning 1.7 Defining indicators 1.8 The action plan 1.9 The budget 1.10 Addressing the risk of a negative outcome 2. The implementation and monitoring phase 2.1 Monitoring 2.2 Participatory Impact
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Database Design Process Database Life Cycle Key points Database design must reflect the information system of which the database is a part Information systems undergo evaluation and revision within a framework known as the Systems Development Life Cycle (SDLC) Databases also undergo evaluation and revision within a framework known as the Database Life Cycle (DBLC) There are two general design strategies exist: top-down vs. bottom-up design centralized vs. decentralized design 2
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average d. median average 3. easy d Auditors are responsible for determining whether financial statements are materially misstated‚ so upon discovering a material misstatement they must bring it to the attention of: a. regulators. b. the audit firm’s managing partner. c. no one in particular. d. the client’s management. 4. easy c The FASB definition of materiality emphasizes what class of financial statement users? a. Regulators. b. Informed investors. c. Reasonable persons
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prospective audit client and the factors that auditors commonly consider in making the acceptance decision. [2] To give students experience in computing and interpreting preliminary analytical procedures commonly used in obtaining an understanding of a prospective client during the client acceptance decision process. [3] To raise issues relating to auditor independence in the context of client acceptance‚ both in terms of financial interests and the provision of non-audit services.
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chapter 1 People management: personnel management and human resource management i n tro d u c t i o n Good managers are not only effective in their use of economic and technical resources‚ but when they manage people they remember that these particular resources are special‚ and are ultimately the most important assets. People are the only real source of continuing competitive advantage. Good managers also remember that these particular assets are human beings. le a r n i ng ou tco m e
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THE FINANCIAL AUDIT – THE GUARANTOR OF THE TRUE AND FAIR VIEW SUPPLIED BY THE FINANCIAL STATEMENTS Boa-Avram Florin Babe-Bolyai University‚ Cluj-Napoca‚ Faculty of Economical Science and Business Administration‚ St. Teodor Mihali‚ No. 58-60‚ 400591‚ Romania‚ botaavramflorin@yahoo.com‚ Tel: 0740-886491 Mati Dumitru Babe-Bolyai University‚ Cluj-Napoca‚ Faculty of Economical Science and Business Administration‚ St. Teodor Mihali‚ No. 58-60‚ 400591‚ Romania‚ dmatis@econ.ubbcluj.ro‚ Tel:
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