CPA Program Global Strategy and Leadership Module 2: Understanding the external environment cpaaustralia.com.au Edition 14a Published by Deakin University‚ Geelong‚ Victoria 3217 on behalf of CPA Australia Ltd‚ ABN 64 008 392 452 First published July 2010‚ reprinted January 2011‚ updated July 2011‚ January 2012 Reprinted with amendments July 2012‚ January 2013‚ revised edition July 2013‚ updated January 2014 © CPA Australia Ltd 2014. This is an electronic version of the printed
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requirements for internal quality assurance in own area of practice: organisation policies and procedures e.g. health and safety‚ equal opportunities‚ recording and reporting‚ quality assurance strategy‚ contribution to internal reviewing processes/self-assessment review (SAR); regulatory bodies e.g. standards‚ levels‚ performance/assessment criteria‚ skills‚ knowledge‚ understanding‚ awarding organisation‚ SSC‚ Ofqual‚ Ofsted‚ employer‚ measure of accountability‚ benchmarking. 2. Understand how to plan
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goods can be influenced in wars compared to peace situation 13. traditional and religious festivals and events can influence the demand of certain goods‚ like Christmas tree is in higher demand in the month of December 14. number of sellers also impact demand by influencing the price of certain goods. Competition Competitors are always looking to take a bigger share of the market‚ perhaps by cutting their prices or by introducing a new or better version of a product Social factor The fac
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An organization’s internal environment is composed of the elements within the organization‚ including current employees‚ management‚ and especially corporate culture‚ which defines employee behavior. Although some elements affect the organization as a whole‚ others affect only the manager. A manager’s philosophical or leadership style directly impacts employees. Traditional managers give explicit instructions to employees‚ while progressive managers empower employees to make many of their own decisions
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Centripetal force (from Latin centrum "center" and petere "to seek"[1]) is a force that makes a body follow a curved path: its direction is always orthogonal to the velocity of the body‚ toward the fixed point of the instantaneous center of curvature of the path. Centripetal force is generally the cause of circular motion. In simple terms‚ centripetal force is defined as a force which keeps a body moving with a uniform speed along a circular path and is directed along the radius towards the centre
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How Does Internal Marketing Affect Internal Stakeholder Satisfaction? In this essay I will attempt to explain how internal marketing affects the satisfaction of the internal stakeholders; I will do this by defining each of them separately‚ and then relating them using a real life example. In order to answer the essay’s question‚ I will need to begin by explaining the concept of internal marketing. First of all clarifying that marketing is the process or even the art that anticipates and conceives
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Accounting & Finance Faculty FNS10 Financial Services FNSACC506A Implement and Manage Internal Controls Semester 1 2014 ASSESSMENT TITLE Assessment 1 – Assignment 1 ASSESSMENT CONDITIONS/INSTRUCTIONS Take home assignment – Questions and Research Aids to be supplied by college: None. Aids to be supplied by student: None Prescribed Text book(s) Standard Dictionaries Bilingual Dictionaries Technical Dictionaries Programmable Calculators Non-programmable Calculators
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technology and how it affects internal audit process in banking industry. The study will also stresses on how IT affects internal control (control environment‚ risk assessment‚ control activities‚ information and communication and monitoring) and provides guidelines and best practices in evaluating techniques available to effectively perform auditing tasks internally. It will addresses how technology‚ Information system (IS) and electronic data processing (EDP) have changed the way organizations conduct
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Chapter 1 Auditing and Internal Control Review Questions 1. What is the purpose of an IT audit? Response: The purpose of an IT audit is to provide an independent assessment of some technology- or systems-related object‚ such as proper IT implementation‚ or controls over computer resources. Because most modern accounting information systems use IT‚ IT plays a significant role in a financial (external audit)‚ where the purpose is to determine the fairness and accuracy of the financial statements
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Justification for an Internal Control System ACC 544 Justification for an Internal Control System Introduction According to A. A. Gramling in the Encyclopedia of Business and Finance‚ internal control can be described as “any action taken by an organization to help enhance the likelihood that the objectives of the organization will be achieved.” There are several approaches to risk management in an organization – the portfolio approach and the use of insurance are two. Both
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