EXERCISE 16-13 (15–25 minutes) 1/1/14 No entry (total compensation cost is HK$450‚000) 12/31/14 Compensation Expense 225‚000 Share Premium—Share Options (HK$450‚000 X 1/2) 225‚000 12/31/15 Compensation Expense 225‚000 Share Premium—Share Options 225‚000 5/1/16 Cash (9‚000 X HK$20) 180‚000 Share Premium—Share Options 405‚000* Share Capital—Ordinary (9‚000 X HK$5) 45‚000 Share Premium—Ordinary 540‚000 *(HK$450‚000 X 9‚000/10‚000) 1/1/18 Paid-in Capital—Share Options
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Name Chapter 1: Auditing: Integral to the Economy Description Instructions Modify Add Question Here Question 1 True/False 0 points Modify Remove Question The need for assurance services arises because the interests of the users of information may be different from that of the interests of those responsible for providing information. Answer True False Add Question Here Question 2 True/False 0 points Modify Remove Question An audit of financial statements is a form of attestation service
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Auditing Introduction Letter 22851 Center Street Castro Valley‚ CA. 94546 May 6‚ 2013. Mr. Charles Apollo Shoes 123 Market Street Phoenix‚ Arizona 44444 Dear Mr. Charles‚ AUDITING INTRODUCTION LETTER I am writing this letter to introduce myself‚ my company‚ and the auditing and assurance services we can offer to Apollo Shoes. I will also discuss the benefits of our services as well as the role we will provide and the requirements for meeting the standards for the services we offer. Our firm
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lecturer. We prefer that you use Google docs or Youtube link for the video. AUDIT FAILURES: 1=Enron Corp. 2= China Sky One Medical 3= China Education Alliance Inc. 4=One Tel 5= Wow Joint Holdings Ltd 6=Satyam Computers 7=China Forestry Holdings Co. 8=Clive Peters Retail. 9=World Com 10=Sunbeam 11= Barings Bank 12=Waste Management Any references should be included in the one reference list for the assignment. Part B: 20 Marks Five categories (4 marks each) Provide a written response (from a critical
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Teletech Corporation‚ 2005 Raider Dials Teletech “Wake-Up Call Needed‚” Says Investor New York—The reclusive billionaire Victor Yossarian has acquired a 10 percent safe in Teletech Corporation‚ a large regional telecommunications firm‚ and has demanded two seats on the firm’s board of directors. The purchase was revealed yesterday in a filing with the Securities and Exchange Commission‚ and separately in a letter to Teletech’s CEO‚ Maxwell Harper. ‘The firm is misusing its resources and not earning
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Axia College Material Appendix F Comprehensive Grammar CheckPoint Enter the correct answer for each item by typing A or B in the second column. Provide an explanation for each choice in the Rationale column. The boxes expand to accommodate the text. Item | Correct Answer(A or B) | Rationale | 1. | B | “her name” assumes female. | 2. | A | “because I’m a girl” implies all girls aren’t good at math | 3. | B | A infers the expectation that Muslims are not nice | 4. | B | Cuban American
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In the state of Pennsylvania you can obtain a driver’s license at 16 years of age. There are a lot of disadvantages for teens driving at that age. Statistics and research show that their brains aren’t fully develop‚ they don’t have enough hours or time driving under the different weather conditions‚ they are more prone to having accidents‚ and their insurance rates are high. You would think teenagers would be the world’s best drivers. Their muscles are supple and their reflexes are quick. Though
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Chapter 1: Auditing: Integral to the Economy TRUE/FALSE 1. The need for assurance services arises because the interests of the users of information may be different from that of the interests of those responsible for providing information. ANS: T PTS: 1 OBJ: Demand for Assurances NAT: AACSB-Analytical skills | AICPA BB-Critical thinking 2. An audit of financial statements is a form of attestation service. ANS: T PTS: 1 OBJ: Auditing Defined NAT: AACSB-Analytical skills | AICPA BB-Critical
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Hi-Speed USB port than an Original USB port running at 12 Mbps? 468Mbps 5. Which is faster‚ USB 3.0 or eSATA 600? eSATA 600 6. Which is faster‚ Wi-Fi 802.11n or Bluetooth? Wi-Fi 802.111n 7. How many pins does a FireWire 800 port have? 9-pin 8. What type of wireless transmission requires a line-of-sight clearance? Infrared 9. Will a printer rated to use USB 3.0 work when you connect the printer’s USB cable into a USB 2.0 port on your computer? yes 10. What is the easiest way to tell
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9.19 Assertions Background information Existence or occurrence: -assets or liabilities of the entity exist at a given date and whether recorded transactions or events have occurred during the period Completeness: -transactions‚ events and accounts that should be presented in the financial statement are included Cut-off -all transactions‚ events and accounts have been recorded in the correct period Right and obligations: -assests represent rights of the entity and liabilities are the obligations
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