arising in or derived from Hong Kong. In other words‚ they carried on business in Hong Kong. Furthermore‚ the location of Customers is in Hong Kong and there is no office which means there is no PE in Mainland. It is obviously that the weakness is more convictive than their strength. So our conclusion is that the objection would not be succeed. The profit of $800‚000 will not be fully exempted from IRD’s perspective but be portioned depends on the actual situation. The specific audit procedures to obtain
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INTERNAL AUDIT TRAINING MODULE BASED ON THE INTERNAL AUDIT PROCEDURE MANUAL Ministry of Finance & Economic Development November 2005 TABLE OF CONTENT MODULE I I. INTRODUCTION AND GENERAL BACKGROUND SESSION I INTRODUCTION BREAKING THE ICE LEARNING CONTRACT BASES AND AUTHORITY THE GENERAL CONCEPT OF AUDITING 1 1 1 2 3 SESSION II HISTORICAL DEVELOPMENT OF INTERNAL AUDITING INTERNAL AUDITING IN ETHIOPIA THE SCOPE AND PRACTICE OF INTERNAL AUDITING IN ETHIOPIA NEED TO ADOPT THE PROFESSIONAL
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ENVIRONMENTAL AUDIT JOHN GALSWORTHY BUILDING GAIA ENVIRONMENTAL SERVICES ENVIRONMENTAL AUDIT REPORT JOHN GALSWORTHY BUILDING KINGSTON UNIVERSITY APRIL 2013 UNDERTAKEN BY GAIA ENVIRONMENTAL SERVICES LIAM COOK MARIUS LERET BARTHÉLÉMY LOUVAIN SOPHIA WOOD ENVIRONMENTAL AUDIT JOHN GALSWORTHY BUILDING GAIA ENVIRONMENTAL SERVICES ENVIRONMENTAL AUDIT JOHN GALSWORTHY BUILDING GAIA ENVIRONMENTAL SERVICES Contents 1. INTRODUCTION .....................................................................
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order to meet corporate governance objective. In my point of view‚ I found out that the article has mentioned about the case of Enron in Europe has make the corporate governance require the involvement of intermediaries such as external auditors. From the author study of Enron case‚ it simplifies that Enron collapse because of ‘substance of the transaction’ rather than others reason (legal form‚ transparency and management risk). So‚ the use of the external auditors is really important in company
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Beginning the Audit Report Kimberly Cummings ACC/546 January 19‚ 2015 Jacob Mathews Beginning the Audit Report MEMORANDUM January 19‚ 2015 To: Senior Partner From: Kim Cummings Re: Apollo Shoes Audit Dear Senior Partner: As you know‚ our firm has been selected to perform the Apollo Shoes audit. The planning process has been the most delicate stage as we want to ensure we have a solid audit approach. The team I select will be dedicated in meeting the objectives and strategies for completing the
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Accountants 545 Fifth Avenue‚ 14th Floor New York‚ New York 10017 USA Comments should be emailed to Edcomments@ifac.org. They may also be faxed to +1-212-2869570 or mailed to the above address. Copies of the exposure draft may be downloaded free-of-charge from the IFAC website at http://www.ifac.org. Copyright © December 2007 by the International Federation of Accountants (IFAC). All rights reserved. Permission is granted to make copies of this work to achieve maximum exposure and feedback provided that
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AUTOMATED ACCOUNTING Automated accounting is an approach to maintaining up-to-date accounting records with the use of accounting software. This software is often configured to allow for easy cross posting of receivable and payable‚ eliminating the need to enter multiple posting in order to keep accounting record in compliance with generally accepted accounting principles. Accounting as it exists today may be viewed as a system of assumptions‚ doctrines‚ tenets‚ and conventions‚ all encompassed
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Services Attestation Services Example: Audits of Financial Statements‚ Examinations of Internal Control Other Assurance Services Example: CPA ElderCare Prime Plus Services NonAssurance Services Tax Services Management Consulting Services Other Notes: Reliability reduces information risk. Attestation Services To attest to information means to provide assurance as to its reliability Attest engagement: A practitioner is engaged to issue or does issue an examination‚ a review‚ or an agreed-upon
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CHAPTER 6 Audit Evidence |Learning Check | 6-1. a. Audit evidence is all the information used by the auditor in arriving at the conclusion on which the audit opinion is based. Audit evidence includes (1) the accounting records underlying the financial statements and (2) other information that corroborates the accounting records and supports the auditor’s logical reasoning about fair presentation in the financial statements. b. Any information that is obtained
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eventually drawn into Livent’s fraudulent schemes by its principal architects‚ including Maria Messina‚ the company’s chief financial officer (CFO). Messina‚ a former partner with Deloitte & Touche’s Canadian affiliate‚ had previously served as Livent’s audit engagement partner. The fraud unraveled following Livent’s takeover by an investment group led by Hollywood mogul Michael Ovitz. The new management team installed by Ovitz soon found that “massive‚ systematic irregularities” permeated the company’s
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