Question 1 a) Select two companies where inadequate internal control have resulted in disastrous effects on the organisation or exposed it to heavy losses. Research the facts of the failure and report on the facts and the losses suffered. In your report‚ include suggestions for changes to operations (internal controls) that could have prevented the final outcome. Where could you find a list of these internal controls and how are they documented? Examples of companies include: Coles Myer
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Acknowledgement In the name of Allah‚ the Most Gracious‚ the Most Merciful Alhamdulillah‚ all praises and gratitude to Allah the All Mighty for his blessings and also for giving us the strength and patience to complete the comparative study of annual report. First of all we would like to express our thankfulness to She has indeed given us high encouragement and really put an effort to make sure we complete the assignment successfully. Her invaluable help of such constructive
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Internal Control Definition Internal control is broadly defined as a process‚ effected by an entity’s board of trustees‚ management‚ and other personnel‚ designed to provide reasonable assurance regarding the achievement of objectives in the following categories: 1. Effectiveness and efficiency of operations 2. Reliability of financial reporting 3. Compliance with applicable laws and regulations 4. Safeguarding of assets Internal control consists of five interrelated components:
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Contents Internal Scan 2 Product 2 Value 4 Communication 4 People 5 Place 6 Traffic Analysis 7 Traffic Count: Fairweather 7 References 8 Internal Scan An internal scan is conducted in order to identify if the five factors of the retailing mix: product‚ value‚ communication‚ people‚ and place are present‚ and if they are working together in a way that it benefits a specific retailer. The purpose of this report is to determine if Fairweather’s retailing mix includes all five factors and if their
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What do we learn about Juliet’s relationship with her father from Act 3 Scene 5? Within this essay I will be analysing the relationship between Juliet and Capulet. In the Elizabethan era women were treated less than men because it was the patriarchal society and this means that men are in charge. This is relevant to the question because an Elizabethan audience will be expecting a relationship like this from Juliet and Capulet because it’s the patriarchal society. An Elizabethan
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Meaning of Internal Reconstruction: When a company has been making losses for a number of years‚ the financial position does not present a true and fair view of the state of the affairs of the company. In such a company the assets are overvalued‚ the assets side of the balance sheet consists of fictitious assets‚ useless intangible assets and debit balance in the profit and loss account. Such a situation does not depict a true picture of financial statements and shows a higher net worth
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Beyond Exposing Claudius: A Passage Analysis of William Shakespeare’s Hamlet In William Shakespeare’s Hamlet‚ the characterisation of Hamlet is very well produced through his reactions to the truth of his father’s death. As Hamlet must keep his suspicions of his uncle‚ Claudius‚ contained‚ he struggles to decide on how to properly bring these actions to light. Throughout this passage‚ Hamlet exposes his disgust with his mother’s new marriage to his uncle‚ making it clear to the reader just how painful
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1Achievement Standard Biology 91155 Demonstrate understanding of adaptation of plants or animals to their way of life Biology 2.3A 3 credits All animals including insects‚ fish‚ and mammals have adaptations in some form of internal transport that allow them to carry out their way of life. Adaptations such as the different structures of the transport of nutrients and wastes‚ the gas exchanges‚ and the support and movement of the animal all take part in how each of the different animals operate
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1. Explain the references to suicide in ACT 3 scenes 2 and 3. The references to suicide in ACT 3 scenes 2 and 3 were; to me‚ when the nurse came in ACT 3 scene 2 and said the it was a piteous corpse‚ a bloody piteous corpse‚ pale‚ pales as ashes…all in gore-blood. And also another reference was when Juliet was talking about the devil tormenting her in some way because it was her cousin who died and her lover who killed him. Plus in ACT 3 scene 3 Romeo talks about more about his doom with the Prince
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In this essay I will explore whether Act 3 Scene 1 is an important scene in Romeo and Juliet. This scene is important as bawdy comedy sinks into tragedy after Mercutio`s death. This is seen through the language which becomes darker after this scene. Certain characters change e.g. Romeo becomes violent after this scene. I will also discuss themes that arise and the fact that the play is an oxymoron. Act 3 Scene 1 is important because the play changes within it from comedy to tragedy. In this paragraph
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