Minority Report I think that in 50 years from now the technology will be too advanced for everyone to even know. People won’t even need a phone‚ the phone will be in them‚ some type of way. Minority Report‚ directed by Steven Spielberg‚ takes place in 2054. Spielberg predicts that we will have a “pre-crime” system by that point. “Pre-crime” is a specialized police department in which 3 psychics called “precogs” can see or predict the future‚ but only crime that happens in the future. In that
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discussed here. The Audit Report Objective: The Audit is an independent review of the companies financail statements - Appointed by the shareholders - It strives to reduce agency cost (making sure the management isn’t hiding anything from the shareholders. Reasonable Assurance: Reasonable assurance that the financial statements are free from material error. Audit Opinions Unqualified: Clean Qualified: Exceptions to accounting principles. The auditors disagree with certain parts
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known to be non-existent. Minority Report‚ one of Steven Spielberg ’s most popular films shows the viewers a near perfect utopian state where all crime has been eliminated. There is an evident observation in the movie that depicts the way people behave and act. No doubt there is a large change in society compared to the society we have today. The change in society‚ culture‚ and norms were all impacted due to the heightened change in technology. Minority Report‚ revolves around John Anderton (portrayed
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An Internship Report On Chartered Accountant Firm TABLE OF CONTENTS CHAPTER # 1 Introduction Some what about Chartered Accountant Firm Organizational Structure Geographical list of CA firms in Pakistan CA firms abroad Chapter # 2 Institute of Chartered Accountants ofPakistan ( ICAP) Introduction Types of Chartered Accountants Role of ICAP Chapter # 3 Services Rendered by a CA Firm Auditing Taxation
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A reporting entity is required to prepare its financial report based on IASB framework and it is so useful for different types of users to evaluate the financial performance of the reporting entity and make suitable decisions. In this essay‚ the usefulness of conceptual framework in preparing of financial report will be discussed. And also‚ 2011 annual report of CLP Holdings Limited will be reviewed to further discuss how its qualitative characteristics of the information are useful for shareholders
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Appointment‚ Duties‚ Rights and Liabilities of Auditor Appointment: First Auditors a) The first auditors of a company shall be appointed by the directors within 60 days of incorporation of the company [252(3)] b) The first auditors will hold office till the first annual general meeting [252(3)]. c) If the directors fail to appoint the first auditors‚ the members shall appoint the first auditors‚ provided further that the auditors such appointed shall not be removed during the tenure expect
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Auditor Quality 1. Introduction Over the past 20 years‚ research has been carried out to interpret audit quality and still no agreement on the method of measurement for audit quality. This is because audit quality depends on individual understandings‚ and those conceptions rely on whose perspectives are taken into consideration. The International Auditing and Assurance Standards Board’s (IAASB) lately established Framework for Audit Quality (the Framework) in the purpose to systemize the
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entries must be supported by a document. • A technique to verify the authenticity and authority of transactions recorded in the books on the basis of which the auditor submits a report‚ indicating that accounts are correct‚ free from errors or fraud and complete. • It is not only examining the documentary evidence but sometimes auditor has to go behind recorded evidence to eliminate any possibility of fraud. DEFINITION • “Vouching is the examination of the evidence offered in substantiation
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Client risk profile Canadian Tire Corporation‚ Limited (CTC) is primarily a canadian retailer‚ focusing on automotive and general merchandise. Founded in 1922‚ the company has been around for almost a century‚ building strong brand recognition in Canada. Initially starting as a car parts retailer they have expanded rapidly into other areas‚ mainly general merchandise retail. They have other secondary divisions being; Partsource Automotive stores (strictly automotive parts)‚ Financial Services
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Auditor Independence: An Impossible Dream In recent months there has been much discussion about the independence of CPA auditors; the leadership of the AICPA‚ the Auditing Standards Board‚ the Public Oversight Board‚ the Independence Standards Board‚ and most recently the proposed independence rules promulgated by the SEC have all attempted to clarify and strengthen auditor independence. Several newspaper and magazine articles have also addressed the issue. In my opinion‚ all the efforts to
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