this report is to develop an audit plan using the 2007/2008 annual reports of the WesFarmers. This report will provide an understanding of the underlying concepts of an overall audit strategy. This strategy will bring forward the direction and scope of the WesfFarmers audit plan. This report will address five major points these are as follows: • Understanding the entity and its environment • Making preliminary judgements about materiality levels • Considering the audit risk • Understanding internal
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Question 1: Describe the basic military strategy (or strategies) of the two sides during the American Revolution. How might the British have been more successful? The American Revolution‚ which unfolded between 1775 and 1783‚ was a conflict fought between the Thirteen American Colonies and the British Empire. Both sides had distinct military strategies shaped by their resources‚ goals‚ and political objectives. The British military strategy was primarily focused on a conventional‚ top-down approach
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police arrive at the scene and learn that he is a police officer‚ a shift takes place. The responding officers are now responding not to the victim‚ but to "an officer in need." Most police departments in the country do not even have a policy addressing the police-perpetrated domestic violence‚ so
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IP Audit Mrs. C. Arthi Gandhimathi Dr. K. Gopalakrishnan Research Scholar Member‚ Board of Governors Anna University Coimbatore National Design and Research Forum Coimbatore – 641 047 Bangalore – 560 001 e-mail: arthibala2009@gmail.com Abstract The single most compelling reason for any company‚ particularly an SME‚ to conduct an intellectual property (IP) Audit. But what should be measured and how can we begin the process? An IP Audit is defined as a systematic
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Completing the Audit Concepts: Nature of a balance sheet approach to the audit & implications for auditing the income statement * Obtain sufficient‚ competent‚ evidential matter for all balance sheet accounts * Note that if all balances are fairly stated‚ and the balance sheet balances‚ then Retained Earnings must be correct * If Retained Earnings is correct‚ then the Income Statement’s net income cannot be materially in error * Therefore‚ less work is done auditing the income
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Crazy Brave Paper REL 306 Throughout the autobiography of Joy Harjo‚ Crazy Brave‚ we are able to see many things and people that have deeply impacted her life. From the relationship with her family to her interaction with other Native American artists to spiritual beings‚ Harjo is often impacted and often makes decisions based on the interactions with those around her. One of the most impactful interactions that I witnessed while scanning the novel was with that of “The Knowing”. Harjo
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explanation for Hamlet’s strange behavior is his love for Ophelia. Ophelia tells the story of how a scruffy looking Hamlet approached her‚ simply ran his hand down her arm‚ stared at her and left. Polonius assumes that love for Ophelia drove Hamlet crazy and tells the king of his discovery. Polonius tests his theory by placing Ophelia in the path of Hamlet‚ before speaking to Hamlet himself. When speaking to Polonius‚ Hamlet may sound insane‚ but he uses this conversation to warn Polonius to keep
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Rittenberg 8th edition: Q 2-45 (pages 66 and 67) 2-45 (Audit Committees and Auditor Independence‚ LO 4‚ 5‚ 6) The audit committee is required to evaluate the independence of both the internal and external audit functions. Required a. What factors would you suggest an audit committee look at in evaluating the external auditor’s independence? b. How can the audit committee influence the independence of the internal audit function? c. The audit committee must pre-approve all nonaudit services pro-
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Audit committee member toolkit June 2009 Table of contents Audit committee charter Example audit committee charter ..............................................................................................................................1 Audit committee report Example report of the audit committee ....................................................................................................................11 Financial expertise Audit committee financial expert questionnaire
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The term statutory audit refers to the review or the record of the company of the government organization which is required by the law or the municipal authority of any particular region. This is done to monitor the performance of the firm or the government organization. The company here the auditors who provide the auditing report and submit those reports annually or semiannually to the law or the concerned municipal law authority. This statutory auditing finally does the cross checking of the financial
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