The Auditing Process INTRODUCTION Auditing is defined by the American Accounting Association or AAA as “a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and established criteria and communicating the results to interested users” (cited in Turney et al p. 108). From that definition‚ it is evident that the auditing process consists of three elements: evidence
Premium Audit Big Four auditors Financial audit
I have been amazed at the number of people who have actually sat across from me and said‚ “What? Me? I don’t have an addiction.” While many perceive addiction as the obvious; drugs‚ alcohol‚ excessive behavior‚ etc.‚ many are not ready to admit that they belong in this category‚ even though all the writing is on the walls. When society looks at an ‘addict’‚ or what they assume that an addict looks like‚ some of the first definitions might come from the opinion that someone drinks too much or
Premium Addiction Drug addiction Substance abuse
Introduction This paper is a based on a case study of Nike. The paper will be discussing legal and ethical analysis and how the impact the operational/ ethical issues of the organization‚ the paper shall also be discussing the contribution factors and how the company’s corporate culture may have helped to minimize the unethical behavior or actually contributed to/caused the unethical behavior. The paper is also going to provide ethical decision factors‚ which are going to address or going to be
Premium Ethics
Chapter 10 Auditing the Revenue Process SEC SAB101: Revenue recognition 1. 有persuasive evidence 有证据 2. Delivery occurred‚ service rendered，东西给了服务于需求 3. Price is fixed/determinable 价格固定 4. 有collectability钱收的回来 Fraud Risk in Revenue cycle: 欺诈风险 1. Side agreement: off-book‚ adjust record to entice customer 2. Channel stuffing: 填塞分销渠道，造成销售假象 inflate sales by forcing product through a distribution channel 3. Related party transaction: 实质重于形式原则substance over form是指企业应当按照交易或事项的经济实质进行会计核算，而不应当仅仅按照它们的法律形式作为会计核算的依据
Premium Invoice Financial audit General ledger
Hernandez Ethics HU 357 August 3‚ 2013 Nike’s Code of Ethics Matter of Respect: Nike knows that people perform best in a work environment free from unlawful harassment and discrimination‚ and we want to be sure that harassment and discrimination of all types do not occur at Nike. To that end‚ Nike’s policy prohibits discrimination and harassment‚ seeks to prevent harassment and provides employees with an effective complaint process. Employees must take care to treat other the way they would expect
Premium Occupational safety and health Environment Law
investor might also want to invest in an international growth fund if these funds are projected to have high growth potential‚ which would translate into a higher return than if the investor were to invest in a US growth fund. An individual investor might opt to invest in an international growth fund during times when U.S stock prices are higher as they may pose a barrier to entry and it would be easier for them to get into the market in a country where it is less expensive. Country/regional and
Premium Investment Finance Asset
What Did Dinosaurs Really Look Like? In a luminous top-floor workshop closed to the public at the American Museum of Natural History in New York‚ artists work with scientists to re-create scenes from lost or vanishing worlds. This is the birthing room for the museum’s elaborate dioramas‚ such as the brace of Northwest Indians who air-paddle their canoe through a fluorescent entrance hallway‚ or the 94-foot blue whale that swoops down from the duplex ceiling of the Ocean Life Hall‚ or the herd
Premium Dinosaur
According to a publication by N. Chesworth; the purpose of an audit is to assess if the business is physically capable of producing a safe product which is consistently high in quality and safety. It is also used to check legal constraints are met to an acceptable level using effective control methods ensuring consistent performance. Another constructive way the audit is used is to ensure certain measures are present to support due diligence defence. Audits are usually carried out continuously to
Premium Audit Auditing External auditor
Jennifer Whitcroft WMS 487-01 Essay 3‚ Option 2 Pearl Cleage’s novel‚ What Looks Like Crazy on an Ordinary Day gives a glimpse into the life of Ava Johnson‚ a recently diagnosed‚ HIV positive‚ middle-aged woman. Ava begins the novel as a single woman in transition from a fast paced‚ close-minded life in Atlanta‚ to a more open-minded‚ life of opportunity in San Francisco. The transition brings her to her hometown of Idlewild‚ Michigan to stay with her sister for the summer. Ava’s transition
Premium HIV Marriage Infectious disease
A Look at the Ethics of Marijuana Legalization Martha Hays SOC120: Introduction to Ethics and Social Responsibility Instructor Michelle Gardener March 18‚ 2013 A Look at the Ethics of Marijuana Legalization The topic that I am writing my paper on is legalizing marijuana. The topic of legalizing marijuana is controversial and often debated. In this paper I will discuss the ethical issues that come up on both sides of the issue as well as my own personal opinion. With marijuana legalization
Premium Cannabis Hashish Legality of cannabis by country