1. Should auditors insist that their clients accept all proposed audit adjustments‚ even those that have an “immaterial” effect on the given financial statements? Defend your answer. The auditors should not insist that their clients accept all proposed audit adjustments. The auditor’s main duty is to provide reasonable assurance to verify the accuracy and compliance of client’s financial statements‚ to ensure that it conveys data and information of events occurred within the accounting period
Premium Financial audit Audit Auditing
CASE: MAKING NORWICH TOOLS LATHE INVESTMENT DECISIONS PAR T A: PAYBACK PERIOD years cash flows 0 1 2 3 4 5 (660‚000) 128‚000 182‚000 166‚000 168‚000 450‚000 PBPA LATHE A cumulative cash flows cash flows LATHE B cumulative cash flows 128‚000 310‚000 476‚000 644‚000 1‚094‚000 (360‚000) 88‚000 120‚000 96‚000 86‚000 207‚000 88‚000 208‚000 304‚000 390‚000 597‚000 4.04 PBPB 3.65 ACCEPTABILTY OF EACH PROJECT: Lathe A will be
Premium Net present value
There are 2 types of peer pressure‚ negative and positive. Negatives: when you do not like a particular idea or when you have no inclination towards a particular field‚ it is obvious that you won’t like to go by it. For sure‚ you won’t like to go that way. But it is your peer group‚ which may compel you on doing something you hate. In such cases‚ there are chances that you won’t do well in those things. Things you do not enjoy doing cannot fetch you success. You cannot emerge successful in something
Premium Peer pressure Peer group Friendship
Recruitment and Selection Case Study You are the recruiter for Company ABC. Your company is one of the leading and most innovative organizations in the retail consumer goods industry. The Vice of Marketing (the hiring manager) of the organization just received notice that her Director of Marketing for a glove accessories product line will be leaving at the end of July‚ 2009. As the recruiter‚ it will be your responsibility to work with the hiring manager to identify a diverse candidate pool
Premium Recruitment
has been using the Qualitative method rather than Quantitative method. 2. What is the importance of accurate forecasting for YFHC? Justify with case specific information and avoid general comments. (5 marks) (max.150 words) 3. What should be an appropriate forecasting horizon (duration)? Justify with one specific example connected to the case. (5 marks) (max. 150 words) 4. Please draw the graph of 4 years demand data and write down your observations (5 marks) (max.100 words for observations)
Premium Scientific method Qualitative research Quantitative research
The human resources‚ or HR‚ selection process is important because of the production and performance value companies get by making good hires and the high costs of replacing employees following bad hires. These considerations are especially heightened for small businesses. HR has taken on a more strategic role in many early 21st century companies‚ with hiring and selection integral to that role. Sponsored Link Have An Eye For Business? Choose From 8 Business Majors. Dual-Award Biz Degree In INTI
Premium Human resource management Human resources Employment
Here we have some highlights of how the natural selection works and some of the evolutionary forces that drive evolution: The natural selection operates in base of the difference between de reproductive successes of the individuals. The genes of the most successful individuals (the ones that reproduces more) appears more in the next generation. If an individual cannot survive it will not be able to reproduce. Because of that natural selection is NOT RANDOM and can act really quickly. (Charlat et
Premium Evolution Natural selection Charles Darwin
Peer pressure. Say those two powerful words‚ and they can strike fear in your heart! But add the word "positive" and you have a tool that will help kids learn...to make the best choices. Positive peer pressure. These three words pack a powerful punch -- just the kind of positive punch we want in children’s lives to help them make good decisions when we’re not around. It’s important to understand the nature of positive peer pressure and take action to foster its benefits. "Peer influences are normal
Premium Peer group Peer pressure Meaning of life
months. They would launch and run business for another six months until when they decide to either expand or not and continue to run business for six more months. At the end of 18 months‚ Bernard would definitely sell his interests. According to the case‚ Bernard’s value of original opportunity was $68.465K. Subtracted by the initial investment of $90K‚ the NPV was $21.535K. Thus‚ he planned to pass the opportunity. But his friends offered him alternatives which may generate positive outcomes to the
Premium Failure Entrepreneurship Sales
Mate Selection Selecting your mate is not only what you want physically in a person but also the propinquity you share with one another. I created a survey questioning age to see any patterns by how much age difference and what mate is usually is oldest. Then I included questions their economical back ground to analyze if there is vast income class gaps in between on another. On the survey I included questions about their educational level and income level many times often related the higher education
Premium Sex Higher education Difference