MIT765801 AUDITING Individual Assignment HIH Insurance Report Student Name: Jinyun Wang Student ID: MIT122634 Lecturer Name: Susan Currie Tutor Name: Susan Currie Due Date: 29 / 1 / 2014 Submitted date: 7/ 2/ 2014 by email Executive Summary The auditing profession plays a significant role in industrialized economies for many years. In the insurance industry‚ the manner of auditing profession is regulated. The collapse of Health International Holdings (HIH) was recorded
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Auditing 300 Semester 1‚ 2012 Assessment one: Individual report Ethical issues in auditing Executive Summary This report provides an analysis of dealing with professional and ethical issues when offering auditing services. It gives a brief decision-making process model by first identifying the key issues and relevant standards involved in the case and then combining theories with reality and giving a short conclusion and some recommendations at the end. 1.0 Introduction Ethical
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CONTEXT Next plc and Debenhams are UK based competitors in the retail industry offering a wide range of fashion clothing‚ footwear‚ accessories ‚ cosmetics and home products. Next PLC distributes its products through different channels that NEXT retail‚ NEXT directory and NEXT international‚ NEXT sourcing and Lipsy and its NEXT primary financial objective is to deliver sustainable long term growth in earnings per share‚ Underlying EPS value increased by 16.6% from 2012 and EPS share price has increased
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2. Buying biscuit with VISA credit card Criterion A –The issue and stakeholder(s) (a) Describe one social/ethical concern related to the IT system. In a process of buying biscuits wRith VISA credit card‚ there is some social issues. Firstly some credit card require annual charge which is paid per year‚ that is needed even we don’t pay anything with the card. Hence we have to pay money for just having those credit card. And another issue is leakage of some sensitive information from each side; consumer
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Cont. Lit. & Film 10-4-13 Stranger Than Fiction vs The Five People You Meet in Heaven Have you ever read a book that just doesn’t catch your eye or keep you interested? Maybe you have seen a movie before that is just so boring‚ it blows your mind. Well with the movie “Stranger Than Fiction” and the book “The Five People You Meet in Heaven” you will not lose interest nor blow your mind from boredom. In class we have watched the movie and read the book and in both there are a couple lessons that
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Week 6 In the second reading in the Journal of Asian and African Studies‚ it suggests that the cause of the Mau Mau insurgency was the murder of Waruhiu. This was seen to be shaking the government of the time that the threat of insurgency was near as the violence was on a fast rise to the reserves of the Kikuyu. The reading goes on further to suggest that the Mau Mau insurgency lasted for a significant period of time. This was due to the hunger and overcrowding. The readings both identify the
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The Contemporary International System The structure of the contemporary international system involves many different factors that influence how the world operates today. The international system is defined as the study of the interactions among the various actors that participate in international politics‚ including states‚ international organizations‚ nongovernmental organizations‚ sub-national entities‚ and individuals. The study of international relations aims to evaluate how countries interact
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credit card and virtual credit card Since the purpose of this article has been figured out which kind of credit card is more useful in the world filled with mobile devices‚ either traditional credit card or virtual credit card. In the previous sections‚ the definitions of traditional credit card and virtual credit card have been illustrated as well as the previous research on this topics by others authors. In this section‚ the comparison of traditional credit card and virtual credit card will be
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The Millionaire Next Door is a book was written by Thomas J. Stanley and William D. Danko. The book is a collection of research done by the two authors in the profiles of America’s millionaires. The term ’millionaire’ refers to U.S. households with a net-worth exceeding one million dollars. I always believed that you are considered wealthy when you make a high income. According to the authors‚ most high income earners are not rich‚ which surprised me. Most people with high incomes fail to accumulate
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True/False Questions 2-1 F 2-2 F 2-3 T 2-4 F 2-5 T 2-6 T 2-7 F 2-8 T 2-9 F 2-10 T 2-11 T 2-12 F Multiple Choice Questions 2-13 B 2-14 B 2-15 B 2-16 E 2-17 D 2-18 C 2-19 C 2-20 D 2-21 A 2-22 D 2-23 E 2-24 B Review and Short Case Questions 2-25 Fraud is an intentional act involving the use of deception that results in a material misstatement of the financial statements. Two types of misstatements are relevant to auditors’ consideration of fraud (a) misstatements arising
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