by-laws AUDIT 610 ADVANCED AUDITING ETHICAL CONDUCT & CODE OF ETHIC Prepared for: Madam Fairuz bt Fauzee Prepared by: Nur Rabiah bt Radzi Nur Hidayah bt Johari Nurul Hanisah bt Hasan Rohayu bt Rashid ACB 8Ba Question 1 1. There is violation of ethical conduct under professional independence( Financial interest).it is because Wani not take part in the audit of the client and the value of her shares is not material in relation to her husband wealth. 2. According
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spend a couple hours a week preparing instead of cramming all the information into one night‚ because I will retain the information better. 11. Describe the power law of learning‚ and provide a novel example of how your knowledge of the law could influence your approach to learning in the future (2 points). • Power Law of Learning: law states that a practice trial improves performance to a certain point and then diminishes‚ which additional trial re need to help improve a skill- learning happens
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Constitutional Laws Constitutional law is the branch of law relates the relationship between the judiciary‚ the legislature‚ and the executive. Constitutional law is responsible for setting out the government’s general operating framework. Constitutional laws usually determine the scope of the terms contained in constitutions‚ and their applications. Constitutional laws cover various areas of law‚ such as individual rights‚ relationships between various bodies of governments‚ legislative
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be the effect of a contract entered into with a bankrupt and what kind of remedies were there have for such contracts. Explanation of relevant law According to the Contracts Act 1950‚ under section 2(h)‚ an agreement enforceable by law is a contract. Furthermore‚ S. 2(h) of the Contracts Act 1950 states that any agreement which is not enforceable by the law is said to be void. To have an enforceable contract there must be offer and acceptance. In Section 2(a) stated that a proposal is made when one
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Mercedes Benz India Step 1. Situation Audit Strengths • The company has a strong brand value‚ besides being a world leader in premium cars • It has a financial stamina‚ which reduces capital constraints • Allocates a significant amount of funds for research and development purposes‚ which promotes invention and innovation • The brand is desirable based on the value of perceived worth. The company is known for producing high quality and prestigious cars. • It holds patents on most of the safety
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Part A (a): Ethical dilemma Should Tom tell Michael that Brenda is breaking the rules/law. Ethical egoism Under ethical egoism‚ Tom should tell Michael what Brenda is doing‚ as he is feeling worried and guilty and this would ease his mind. He could also gain benefits from Michael. Tom would do this because he is promoting his well being above everyone else’s (QUT‚ 2011). Utilitarianism Under Utilitarianism‚ Tom should tell Michael about Brenda and Mary’s arrangement‚ because Utilitarianism
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FSABV: Recognize the Industry In view of the fact that opportunities and constraints tend to be different across industries‚ companies in different industries tend to make different investment‚ dividend‚ and financing decisions. Accordingly‚ firms in different industries exhibit different financial characteristics‚ and‚ hence‚ report different financial ratios. For example‚ “old economy” businesses with large amounts of tangible assets may have higher leverage ratios. Service or trading firms may
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GOD BLESS & GOOD LUCK. CASE PROBLEM. ( PAL) Stipulation Against Marriage Claudine de Castro Zialcita‚ complainant vs PAL‚ RESPONDENT Facts: Complainant‚ an International flight stewardess of respondent company was dismissed from her job by reason of her contracting marriage. In dismissing her‚ respondent invoked its policy which provides: “D FLIGHT ATTENDANTS. Flight attendant applicants must be single and will be automatically separated from employment in the event they subsequently
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Merger Analysis under the Antitrust Laws Today‚ the United States is in the midst of a merger wave. The number of mergers and acquisitions reported has increased dramatically as a direct result of the past financial crisis and economic downturn. During the period‚ the Federal Trade Commission along with the Justice Department has blocked a great number of potential mergers and acquisitions‚ helping save consumers “millions of dollars that they would otherwise have paid in higher prices
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Case 4: Takamatsu Case Analysis (25 points) Executive Summary Takamatsu Sports Enterprise is a sporting company that has recently experienced a considerably large loss in net profit. Mr. Takamatsu has begun to look into the problem of the company and believes that Ms. Ota is the problem in the loss of sales. Although Mr. Takamatsu thinks that Ms. Ota is the problem‚ it really is Mr. Fujita. He has inefficient training and sales. If Mr. Takamatsu gets Mr. Fujita the appropriate training‚ he can
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