7.29 Effect of circumstances on audit opinion You are an audit partner finalising your 30 June 2015 audits. The following independent and material matters have come to your attention. 1. Food Fund Foundation‚ a charity‚ is a non-reporting entity. As in previous years‚ you have performed the audit in accordance with its constitution. The financial report is prepared by another firm of accountants on behalf of Food Fund’s board of directors‚ because Food Fund does not have the in-house expertise to
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“Should a Pregnant Woman Be Punished for Exposing Her Fetus to Risk?” In some ethical and legal respects a pregnant woman and her fetus can be considered separate. Both the woman and the fetus are ordinarily affected by the well-being of one another for as long as each of them live. The ethical and legal issues are challenged deeply in cases where the well-being of the fetus and the mother appear to be in conflict. Our society struggles with identifying cases where the pregnant woman’s interests
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1. Do you agree with Virgin ’s market diversification strategy? If so‚ what other markets should they pursue? If you disagree‚ what should be their business focus? Diversification is most commonly understood through the financial world‚ where one should have a diverse range of investments. Mixing funds that are countercyclical – the performance of certain funds is not correlated to the performance of others. Usually when one set of funds are down‚ the value of another set of funds is up. This
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CanGo has moved from a small startup to a recognized growth company having a recent IPO offering. CanGo is currently lacking in a critical area for any business. It needs to focus on Strategic Planning. Strategic Planning will benefit CanGo by allowing it to: 1. Clearly define its goals consistently with its Mission and Vision statement. 2. Communicate effectively its goals to all of the organization. 3. Provide a foundation on which to direct future efforts. CanGo has the layers for a hierarchical
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Board Members What resources do the board members use to base off from‚ when making decisions? This question is very important. The board members are on top f an organizations chain. It is important to know that those on the board are reliable and know what they are there for. As a whole‚ you need to be aware that the decisions made by the board will ensure that everyone is taken care of. Board members can’t just make a decision without using references. Otherwise‚ the decisions being made wont
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Introduction In a Health Affairs article entitled “Obtaining Greater Value From Health Care: The Roles of the U.S. Government”‚ the quality and cost of the United States health care system are assessed. This article was collaborated by Stephen C. Schoenbaum‚ Anne-Marie J. Audet‚ and Karen Davis into existence and to state their claim that without the intervention of a strong federal government in the health care system‚ the state of the country will be economically reflected by the lack of a federal
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Autism spectrum disorder or ASD is a group of neurodevelopmental disorders which includes Asperger Syndrome‚ Pervasive Developmental Disorder (atypical autism) and classic autism also known Autistic disorder. Several myths surround the disease because of popular shows and movies such as “Rain man”‚ in which actor Dustin Hoffman portrays an adult male named Raymond Babbitt whom is autistic. The film won four Oscars at the 61st Academy Awards in 1989 which included best picture. Because of the spark
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Juvenile delinquency along with the punishments associated with it seems to be one of the touchier subjects in today’s society. When it comes to juveniles‚ there are a number of different things that lead them to commit crimes. Things like the level of crime in their community‚ the bond they have with their parents‚ and even their economic status all lead juveniles to crime. In order for communities to even start to deter crime among juveniles‚ they need to start implementing a number of sources
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Cardiovascular Disease and Congestive Heart Failure Voneisha Carr HCA/240 04/12/2013 Christie McCullum-Hill Heart disease is a term used to describe a range of diseases that affect the hearts‚ from the blood vessel‚ such as coronary artery disease‚ and heart infections the term “Heart Disease is often used interchangeably with‚ cardiovascular disease” (MayoClinic‚ 2012). Which is narrowed or blocked blood vessels that can lead to a heart attacks‚ or stroke plague build ups in the arteries
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Final Project Overview and Timeline Final Project Overview The final project for HSM 260 is a compilation of various financial aspects of a nonprofit organization. Nonprofit Organization Profile In 2000‚ XYZ Corporation was incorporated as a 501(c)3 nonprofit in the state of Texas. The organization’s mission is to provide psychiatric counseling services for residents of El Paso County. XYZ receives funding from the state government on an annual basis to provide services to those deemed
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