ACC 521-011 Example of Auditing Final Exam INSTRUCTIONS: 1. This exam consists of 6 questions‚ on 11 pages. Please answer questions #1. to #5. in the separate EXAM ANSWER BOOK‚ and answer Question #6 - Multiple Choice with explanations - in this book. 2. The time available is 3.0 hours. 3. The exam is worth 50% of your overall course grade. 4. Write your name & student number on the front of the test. 5. This is a closed book test. The only aid that may be used one of the calculator
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Bibliography: Assiouras‚ I.‚ Siomkos‚ G.‚ Skourtis‚ G.‚ & Koniordos‚ M. (2011). Consumer perceptions of corporate social responsibility in the Greek mobile telecommunication industry. Internal Journal of Management Cases‚ 210-216. Beneke‚ J.‚ Wannke‚ N.‚ Pelteret‚ E.‚ Tladi‚ T.‚ & Gordon‚ D. (2012‚ March). Dont ’s bank on it: Delineating the relationship between corporate social responsibility and retail banking affinity. South African Journal of Business Management
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The case in DHL gives the situation faced by DHL Worldwide Express (India)‚ a division of Airfreight Ltd‚ which is a company engaged in different activities connected with transportation of cargo (both domestic and international)‚ domestic surface transport‚ logistics and express operations. It also has two subsidiaries‚ one a travel agency and another engaged in money transfer operations. Shipping is also under a subsidiary. The DHL division has an alliance with DHL Worldwide Express‚ the worldwide
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Professional Conduct: An Empirical Investigation of Auditor and Public Perceptions. Journal of Business Ethics‚ (71)‚ 39-71. Retrieved from http://www.springer.com/ Louwers‚ T.‚ Ramsay‚ R.‚ Sinason‚ D.‚ Strawser‚ J.‚ & Thibodeau‚ J. (2011). Auditing & Assurance Services. New York‚ New York: McGraw-Hill/Irwin. Su‚ S. (2006). Cultural Differences and Accounting Ethics: An Empirical Study for Accounting Students. International Journal of Organizational Innovation‚ 165-181. Retrieved from
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famous public finance industries in history is American Express. Introduction classic green card American Express is a public company. It diversified global financial services company‚ headquartered in New York City. The company is best known for its credit card‚ charge card and traveler’s check businesses. American Express operates through three principal divisions: Travel Related Services‚ American Express Bank and American Express Financial Advisors. The Company’s common stock trades
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Part A 1) a)Although a client/company is engaged to 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
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2 Firstly‚ Federal Express may maintain the capacity in order to keep up with China’s growth by implement the customer relationship management strategy (CRM). This is because each of the customers has different type of requirements and demands. Federal Express should expand their forwarding capability‚ expand the services territory and also improving the cycle times. Federal Express also can provide shipment information to the customers in China. Not only that‚ Federal Express also should be more
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cinema between media capitals Yiman Wang University of California‚Santa Cruz Abstract This articleconsiders the reconfigurationof ’Chinese’ cinema in the international media capitals. By analysing the US marketing of Wong Kar Wai’s Chungking Express and Zhang Yimou’s Hero‚ both mediated by Quentin Tarantino‚I emphasize Tarantino’s role in facilitating a border-crossing eeding loop of production‚ f exhibition and reception. This is crystallizedin the success of DreamWork’s Kung Fu Panda. The
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Applied Auditing Audit of Plant‚ Property and Equipment – Lecture Definition Property‚ plant and equipment are tangible items that: a) are held for use in the production or supply of goods or services‚ for rental to others‚ or for administrative purposes; and b) are expected to be used during more than one period. Recognition An item of PP&E should be recognised only if its cost can be measured reliably and it is probable that future economic benefits associated with the item will
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Chapter 8 Audit Planning and Analytical Procedures PLANNING Why auditor should properly plan engagements: a. To enable the auditor to obtain sufficient appropriate evidence for the circumstances b. To help keep audit costs reasonable c. To avoid misunderstanding with the clients Acceptable Audit Risk is a measure of how willing the auditor is to accept that the F/S may be materially misstated after the audit is completed and an unqualified opinion has been issued. When auditor decides on a lower
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