Hoang Thi Thanh Ha – 13200154 Auditing Assignment 2: 1.What are the factors to consider Inherent Risk? Inherent risk is a measure of the auditor’s assessment of the likelihood that there are material misstatements in a segment before considering the effectiveness of internal control. Factors affecting assessment of inherent risk include: Nature of the client’s business : Industry practices Non-routine transactions Makeup of the population Audit experience : Results of previous audits Initial vs
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Bystander Michael Grove is a private investigator who‚ through a series of unfortunate events‚ has himself‚ become the suspect of a crime he did not commit. After losing his love‚ Lisa at the hands of a murderer‚ Michael is acussed of this same crime. Through the investigators flashbacks‚ seeking advice from his Grandmother Phyllis‚ and his own personal research‚ the character proves his innocence. The methods of investigation used by Michael Grove in Lesley Choyce ’s‚ The Book of Michael‚ reveals
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McLauglin‚ Eliott. “What We Know About Michael Brown’s Shooting.” CNN. Cable News Network‚ August 15‚ 2014. Web. This article was informing us on the first‚ basic information that was gathered about the case. It includes stories from both sides of the case and contradictions of both. Such as‚ if Brown was actually innocent or not and exactly how many times he was shot. Personally‚ I’m almost certain that this entire case was taken too far. It seems to me like the races of the victim and the officer
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Famous Leader Essay Michael Jordan Michael Jordan was possibly the best basketball player in the history of the National Basketball Association (NBA). His career spanned over nineteen glorious seasons for the Chicago Bulls. The most recognizable athlete in the world‚ he is not only the top player of his era‚ but is quite possibly the best player ever to wear the uniform of an NBA team. The magnitude of “His Airness” can be best shown through Michael’s soaring hang times and acrobatic moves‚ but
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Question 2 Hans & Co.‚ CGAs‚ is auditing CCC Inc.s 2010 financial statements. Hans previously audited the companys 2008 and 2009 financial statements. The 2008 audit resulted in a qualified opinion because the auditors were unable to verify the opening inventory for that year‚ but the 2009 audit resulted in an unqualified opinion. Julia worked on the previous two audits and is familiar with most of the staff at CCC‚ including the office manager‚ Marcus. Julia was scheduled to meet with Marcus on
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Michael Kors Michael Kors was born on August 9‚ 1959‚ and raised on Long Island. He moved to New York City to attend the Fashion Institute of Technology‚ but dropped out after two semesters. Kors launched his women’s collection in 1981 and became a judge on Project Runway in 2004. First Lady Michelle Obama posed in a Michael Kors dress for her first official portrait. Kors lives in New York City. Designer. Born August 9‚ 1959‚ Karl Anderson‚ Jr. was raised on New York’s Long Island. As a toddler
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there might be a bias against another group‚ such as prospective investors. a. What steps has the external auditing profession taken to minimize potential bias toward important users and thereby encourage auditor independence? ---The external auditing profession as a whole has became more concentrated on maintaining auditor independence and it is now one of the cornerstones of quality auditing. One way that independence can be violated is when an auditor shows bias towards an important user of the
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REVISION LECTURE PAST EXAMS QUESTIONS: These questions are for practice only. They are not at all an indication of the questions on the actual exams. All topics need to be revised from topic 4 onwards for the exam. These questions and possible answers will be discussed during revision lecture. Solution will not be provided on the learning hub. Section A (Short answer) 1. List and briefly explain four factors that contribute to the need for financial report audits. Increasing reliability
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Michael Jackson‚ the king of pop was considered one of the most influential singer‚ songwriter and dancer. He was born on august 29th‚ 1958 in Indiana and died on June 25‚ 2009 in Los Angeles California. Michael was the eighth child of the Jackson family in which they lived a poor life‚ but all had great ambition to become famous musicians. Michael started his professional career along with his brothers as the lead singer of the Jackson 5 in 1964 where they recorded 14 albums however Michael
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time in prison for crimes they did not commit‚ and the reason for this issue is the fact that the justice system does not try as hard as they could to prove someone innocent. Two people in particular have experienced this horrible issue‚ Michael Blair‚ and Victor Burnette. Both of these guys have served an extreme amount of time in prison for crimes they did not commit‚ and here’s the case details in both of them. Michael Blair was faced with multiple charges and years in prison for something
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