1 Auditing issues in Enron case Independent Needed for the Houston office of Andersen‚ an audit partner that understands the role of being a "public watchdog" with "ultimate allegiance to the creditors and shareholders" . Arthur Anderson abandoned its roles as independent auditor by turning a blind eye to improper accounting‚ including the failure to consolidate‚ failure of Enron to make $51million in proposed adjustments in 1997‚ and failure to adequately disclose the nature of transactions with
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Pangasinan State University Lingayen‚ Campus Lingayen‚ Pangasinan Term Paper in Public Administration 102 (Philippine Admin. Thought & Institution) Submitted by: Jerob P. Quinan II-ABPA-B Submitted to: Ms. Zshyna Mae Vargas Instructor Intoduction Mandate The Department is mandated by RA 7638 (Department of Energy Act of 1992) to prepare‚ integrate‚ coordinate‚ supervise and control all plans‚ programs‚ projects and activities of the Government
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ch9 Student: ___________________________________________________________________________ 1. The risk of incorrect acceptance and the risk of assessing control risk too low relate to the A. Preliminary estimates of materiality levels. B. Allowable risk of tolerable error. C. Efficiency of the audit. D. Effectiveness of the audit. 2. While performing a substantive test of details during an audit‚ the auditor determined that the sample results supported the conclusion that the recorded
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Generally Accepted Auditing Standards Paper Write a 700- to 1‚050-word paper in which you explain the nature and functions of auditing. Relate your explanation to the audit functions in your organization‚ or an organization with which you are familiar. In your paper‚ be sure to address the following: Describe the elements of the Generally Accepted Auditing Standards (GAAS). Broad rules and guidelines promulgated by the AICPA’s AuditingStandards Board. CPAs employ GAAS in preparing for and performing
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World Journal of Social Sciences Vol. 2. No. 7. November 2012 Issue. Pp. 37 - 47 Investment Portfolio of Insurance Companies in Bangladesh: A Study on Selected Insurance Companies of Bangladesh Quazi Sagota Samina 1 Insurance companies are such financial institutions which stand by us at our disaster moments and try to uphold us by providing a lump sum amount of claim. To accelerate this important role in the economy‚ insurance companies involve in different investments so that they can earn
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Case 2-1 Absenteeism at ONO Inc. ONO is a large auto-supply company that does a large volume of business with only eleven employees. Absenteeism seems to have increased over the last two years and has had a significant effect on ONO. The information in the text shows that ONO had lost 539 employee labor-hours or 67.375 days to employee absenteeism last year. Because there are only eleven employees‚ this equals out to 6.125 missed days per employee. This is actually less than the United States
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STUDENT MONITORING ONLINE SYSTEM FOR P.D. MONFORT NORTH NATIONAL SCIENCE HIGH SCHOOL A Concept Paper Presented to The Faculty of the College of Computer Studies Jaro‚ Iloilo City‚ Philippines In Partial fulfillment of the Requirements in CS318 Research Methods in IT By Carol Jean D. Bandojo BS-IT 4 September 4‚ 2012 CHAPTER 1 INTRODUCTION Overview of the current state of technology The manual system has many flaws. It is considered as an outdated system. But some schools
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Volume : 1 | Issue : 11 | November 2012 ISSN - 2250-1991 Research Paper Management Customer Satisfaction on Products of Private Sector Insurance Companies - A Study with Reference to Kotak Mahindra Life Insurance Company Limited‚ Jorhat Branch *Sarat Borah * Associate Professor‚ Department of Business Management‚ CKB Commerce College‚ Jorhat‚ Assam ABSTRACT The modern concept of marketing emphasizes on the satisfaction of customers. Marketing begins and end with the customers. Customers are the
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Actual DBQ and Essay Questions 1991-2010 compiled by Tony Miller (Organized by historical chronology) Part A (DBQ) 1. Although New England and the Chesapeake region were both settled largely by people of English origin‚ by 1700 the regions had evolved into two distinct societies. Why did this difference in development occur? (1993) 2. In what ways did ideas and values held by Puritans influence the political‚ economic‚ and social development of the New England colonies from 1630 through
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How sensitive is return on capital to the forecast assumptions in case Exhibit 8? An increase in cash operating expenses decrease NOPAT‚ which in turn makes ROC extremely sensitive when this ratio goes up; in general when total operating expenses go up NOPAT goes down‚ thus ROC goes down. In addition if the COGS increase this drastically drops ROC. The total assets has a big impact on ROC an increase of 1000m increased ROC by a full 1.5 percent. The ROC is also very sensitive to the Price to Earnings
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