Auditing Research Paper “Auditing is the accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and established criteria” (Arens A.‚ Elder R. J.‚ Beasley M. S. 2010). Auditing of a company should be done by an independent person that has no affiliation with the company that is being audited. The auditor needs to be educated enough to process the audit. There are three different types of auditors‚ external
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Nike Inc.‚ Cost of Capital Dr. Romer Finance 3613 By: Joseph White Michael Parker NorthPoint a mutual-fund-management firm is contemplating adding Nike Inc. stocks to its Large-Cap Fund. Kimi Ford a portfolio manager for NorthPoint has developed a discounted-cash-flow forecast to help make the decision. Kimi comes to the conclusion that Nike is overvalued at its current price of $42.09 with a 12 percent cost of capital that she estimated. To determine if her estimation is correct about
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WHAT IS THE ROLE OF ETHICS IN MANAGEMENT? Ethical management refers to corporate management that not only fulfills economic goals and legal responsibilities‚ but also meets the ethical expectations imposed by social norms in conducting business. There are 5 specific functional areas of management which is covered by business ethics : 1) Ethical management in the workplace. Ethical management is the foundation of CSR (voluntary activities undertaken by a company to operate in an economic‚ social and
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giống Vn thì VN rút ra đc gì‚ nên em nghĩ cần làm mấy slide option kia‚ dư thời gian mak –mỗi slide nói 1 phút) NOTE: Em chia phần làm lun‚ ai có ý kiến gì về outline thì nhắn tối nay‚ có sửa đổi gì thì thống nhất lại phần của mỗi người trc ngày mai nha-sau đây chỉ mang tính chất tham khảo trong trường hợp mọi người đồng ý với outline trên nhé) A.Hùng A.Duy A.Thịnh Phuong Tiêu chuẩn đánh giá hiệu quả hoạt động của quỹ đầu tư Criteria for evaluating
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Product: The product that I am choosing to write about is the Nike LunarGlide +3 running shoes. (a) List the typical stages of consumer buying process as discussed in the textbook. The typical stages of consumer buying process include need recognition‚ information search‚ the evaluation of alternatives‚ purchase decision‚ and post purchase behavior. Need recognition occurs when the buyer realizes they have a problem or need which is triggered by either internal or external stimuli. [1] The
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perform audits for the 2nd year‚ it does not allow sufficient time for auditor to detect material misstatement. This is due to lack of experience in understanding of the company? Repeat engagement over the years to come would reduce inherent risk Thus‚ the 2nd year of audit would increase inherent risk. b)The bank requires that a/ the company’s interest coverage ratio should be above 9‚ in order to provide loans to the client. From the extract of the audit client’s financial data in 2012‚ the interest
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earning management is really just a manipulation of the results in an attempt to make the company look better than it really is and basically to deceive the stakeholders. In this case‚ I strongly feel that it is unethical because it is done in an attempt to commit fraud. 2. Suppose that a company uses one or more of the practices that you identified in responding to the previous question. What implications‚ if any‚ do those practices have for the company’s independent auditors? Manipulating
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her like a doll. Throughout this classic play‚ Nora’s feelings toward Torvald have altered to the point where she needs to decide what is best for her. The only reason Nora’s feeling started to to change was because of her trying to get the letter back from Krogstad which had the proof of what she done. Failing in the process‚ Nora assumes that her husband will come to the rescue and save her from the blackmailing of Krogstad. Instead of risking his reputation for Nora‚ Torvald only looks out
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Executive Summary Overview Nike is the market leader in athletic shoes in the United States. The Oregon based company has always utilized offshore facilities in low-income countries to produce at minimal costs followed by importation into predominantly the US for sales. Nike is quick to divest from emerging markets as costs rise and has recently signed short term production contracts with a long term strategy of production in China. Unlike Nike’s previous global endeavors‚ the political and cultural
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Nike Project Report Mridul Jain‚ Krishore Veerasekar‚ Ziad Ahmed Table of Contents ABOUT NIKE 1 Description of Nike 1 MAJOR EVENTS 2 Acquisition 2 Divestitures 2 STRATEGY 2 Advertising 2 NIKE’S FINANCIAL RATIOS 3 Liquidity or Working Capital 3 Current Ratio 3 Quick Ratio 3 Working Capital 4 Efficiency and Asset Management 5 Total Asset Turnover 5 Fixed Asset Turnover 5 Days Sales Outstanding 5 Debt Management 6 Total liabilities to Total Assets 6 Long-Term Debt to Capital 6 Times Interest
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