RAJKOT A project report submitted in Partial Fulfillment of award of MBA Degree Project Guide Mr. Manoj Desai Submitted By: Vipul Zala(118) Submitted To: S.K.PATEL INSTITUTE OF MANAGEMENT & COMPUTER STUDIES GANDHINAGAR‚ GUJARAT JULY‚ 2005 -I- PREFACE In India insurance sector was totally reserved for public sector companies like LIC‚ GIC‚ etc. With the opening up of the economy‚ a score of MNCs have come in the market with Indian business
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Prevent Child Abuse America Every year‚ nearly 1 million cases of child abuse are confirmed‚ not to mention the cases that go unnoticed or unreported. Of the reported cases‚ most are children 3 years of age or younger. There is another staggering truth‚ and that is that by the time today is over‚ 4 children will have died because their little bodies can no longer handle the abuse. (Guillaro‚ 2012) These facts are horrifying and need to be changed‚ that is the goal of Prevent Child Abuse America
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Hoang Thi Thanh Ha – 13200154 Auditing Assignment 2: 1.What are the factors to consider Inherent Risk? Inherent risk is a measure of the auditor’s assessment of the likelihood that there are material misstatements in a segment before considering the effectiveness of internal control. Factors affecting assessment of inherent risk include: Nature of the client’s business : Industry practices Non-routine transactions Makeup of the population Audit experience : Results of previous audits Initial vs
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Theresa Golding BA 418 – Auditing Dr. Charles Pineno April 25‚ 2010 PART 1: “Small Firms May Face Audit Music” (published in The Wall Street Journal on April 19‚ 2007) addresses the ending of the delay in applying portions of the Sarbanes-Oxley Act of 2002 to smaller companies. At the time of the article‚ some 6‚000 smaller public companies had yet to be required to “make an annual assessment of their internal financial-reporting controls with further review by the company’s outside auditor of
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Burlingham Bees 1. AU 329 a. Based on the standards‚ describe the guidelines for developing an expectation and conducting analytical procedures when those procedures are intended to provide substantive evidence (para. 9-22). i. .09 Reliance on substantive tests: may be derived from tests of detail‚ from analytical procedures‚ or from a combination of both. The decision about which procedure to use is based on the auditor’s judgment. ii. .10 Level of assurance: analytical procedure
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AFTER THE EVENT Love our Heritage event has ended at 4 pm and we together had tidy the place where the event has been held. All the equipment that we have borrowed from Pusat Adat dan Warisan (PADAT) are arranged nicely inside car as it is to be returned on the next day. Although we feel so tired to handle this event‚ but overall we are extremely glad because our mission and objectives of the event was successfully achieved. The mission that we want to achieve is‚ with this kind of event it can
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transactions‚ without meeting other people face-to-face. What are the effects of this on an individual and the society as a whole? It is irrefutable that modern devices and tools of communications like Fax machines‚ telephone‚ interactive TV and computer have revolutionised each and every aspect of life. Thanks to telecommunications‚ daily tasks and business transactions can be performed without meeting other people in person. This has both positive and negative effects on the individual and the
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1.26 Value of auditing Required: Would you obtain an audit for this company? Explain the reasons for your decision. Yes‚ audits exist because of regulatory mandate (required by government). There are three theories which propose reasons why demand for audits might exist without regulatory mandate: 1. Agency theory (The focus of the agency demand for auditing is more related to the stewardship role of accounting- which is more an examination of what has happened.) The separation of ownership
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INTERNATIONAL STANDARD ON AUDITING 315 IDENTIFYING AND ASSESSING THE RISKS OF MATERIAL MISSTATEMENT THROUGH UNDERSTANDING THE ENTITY AND ITS ENVIRONMENT (Effective for audits of financial statements for periods beginning on or after December 15‚ 2009) CONTENTS Paragraph Introduction Scope of this ISA .................................................................................. 1 Effective Date ....................................................................................... 2
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Mutually Exclusive Events Two events are mutually exclusive if they cannot occur at the same time. Another word that means mutually exclusive is disjoint. If two events are disjoint‚ then the probability of them both occurring at the same time is 0. Disjoint: P (A and B) = 0 If two events are mutually exclusive‚ then the probability of either occurring is the sum of the probabilities of each occurring. Specific Addition Rule Only valid when the events are mutually exclusive
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