auditing must maximize the assurance provided to the board‚ the audit committee and the management‚ and contribute to the continuous improvement strategies for the organization. So‚ how to maintain good internal auditing function within the organization? Outsourcing of internal audit function is one of the solutions. So‚ what is internal auditing? What is outsourcing of internal audit function? How could outsourcing of internal audit function help the role of internal auditing? All these questions
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Study Project What is the purpose of auditing? Describe the relationship between internal controls and the audit process. Answer The purpose of an audit is to provide financial statement users with an opinion by the auditor on whether the financial statements are presented fairly‚ in all material respects‚ in accordance with the applicable financial reporting framework. An audit also enhances the degree of confidence of intended users in the financial statements. Financial audits add credibility
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Diversity “Don’t be scared to being different from others”‚ Shoin Yoshida who was Japanese warrior said. He means that people can proud to have different beliefs and values from others. If people are not allowed to have different beliefs and values‚ it is just losing our individual identities and cultures. Today‚ people in developing nations are allowed to have different beliefs and values‚ for example people are allowed to believe in different religions. Also their countries are safer than other
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Building Inclusive workplaces by harnessing diversity Introduction Why should a successful organisation embrace diversity? Some will say discrimination is wrong‚ illegal and immoral. Others will talk of the social need for inclusion. There is‚ however‚ a larger reason for organisations to embrace diversity. The paradigm through which the organisation sees diversity is crucial and that will shape the organisation’s diversity philosophy. Diversity management brings a variety of gender and ethnic
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Deloitte & Diversity Summary of Deloitte: Deloitte is one of Canada’s leading professional services firms. They provides audit‚ tax‚ consulting‚ and financial advisory services. Deloitte values diversity and takes concrete steps towards inclusion of women‚ visible minorities‚ recent immigrants‚ aboriginals‚ etc. Each year‚ they publish an annual diversity report. Deloitte was selected as a “Best Diversity Employer” in 2012 by the Mediacorps editors among the 2012 Canada’s Top 100 employers project
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MZUMBE UNIVERSITY SCHOOL OF BUSINESS DEPARTMENT OF ACCOUNTING AND FINANCE PROGRAMME: MSC. ACCOUNTING AND FINANCE COURSE: AUDITING AND ASSURANCE SERVICES CODE: ACC5221 NATURE: TERM PAPER STUDENT NAME: HAMAD OTHMAN RUBEA REG NO: MSC/AF/MOR/010/T.12 LECTURER: MR. KASHESHI TASK: Discuss the business risk that may face any organization and the Auditors concern about these risks. DATE OF SUBMISSION AND PRESENTATION: 17th DEC 2012 TABLE OF CONTENTS Pages 1.0 NTRODUCTION ...................
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Keller Business School of Management HRM 594 Staffing Organizations Professor Burnell Carden August 24‚ 2013 Introduction The intent of this paper it to define critical concepts of strategic planning with Southwest Airlines (SWA) top management and how their organization pursued choices and different strategies to run the business by using superior performance employees that gave them a competitive advantage over their competitors. I will concentrate on the thirteen strategic
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Diversity Reflection The way‚ in which I define myself‚ is through my hobbies‚ friends‚ personality‚ and attributes. I chose to disclose my past because before I used to be a bad student that would always get into trouble. The main reason why I came to a school so far away from home was so that I could start over and mature before I return home. Based on your personality it determines what type of kid you are‚ and it also helps to determine what type of people your friends are. Since I have
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Budget Proposal For [20011-2015] BUSN-278 Professor: Michael Abner DeVry University Table of Contents Section Title Subsection Title Page Number 1.0 Executive summary 3 2.0 Sales Forecast 2.1 Sales Forecast 4 2.2 Methods and Assumptions 4 3.0 Capital Expenditure Budget 5 4.0 Investment Analysis 6 4.1 Cash flows 6 4.2 NPV Analysis 7 4.3 Rate of Return Calculations 8 4.4 Payback Period Calculations 9 5.0 Pro Forma Financial Statements 10 5.1 Pro Forma Income Statement
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Internal audit is a dynamic profession involved in helping organizations achieve their objectives. It is concerned with evaluating and improving the effectiveness of risk management‚ control and governance processes in an organization. To do this‚ internal auditors work with management to systematically review systems and operations. These reviews (audits) are aimed at identifying how well risks are managed including whether the right processes are in place‚ and whether agreed procedures are being
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