29‚ No. 2 November 2010 pp. 115–140 American Accounting Association DOI: 10.2308/aud.2010.29.2.115 Do Abnormally High Audit Fees Impair Audit Quality? Jong-Hag Choi‚ Jeong-Bon Kim‚ and Yoonseok Zang SUMMARY: This study examines whether and how audit quality proxied by the magnitude of absolute discretionary accruals is associated with abnormal audit fees‚ that is‚ the difference between actual audit fee and the expected‚ normal level of audit fee. The results of various regressions reveal
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Chapter 10 AUDIT WORKING PAPERS Section 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 Contents Purpose Importance of Working Papers Confidential Nature of Working Papers Purposes Served by Working Papers Planning and Preparing Working Papers Principles and Methods of Documentation Working Paper Format Specific Standards for Each Workpaper Review of Audit Workpapers Arranging and Filing Standardized Workpapers Retirement of Audit Workpapers Special Project Workpapers Backup
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balance sheets and ratios of 12 companies in order to identify their respective industries (Please refer to the Appendix for an overview of the financial data). The balance sheets of the 12 companies are analyzed in four steps‚ as shown in the following table. Step Industry Common Characteristics Companies 1 Service Almost no inventories Inventory turnover negligible Major passenger airline Regional bank Temporary office personnel agency Hotel chain For-profit hospital chain
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IEEE TRANSACTIONS ON KNOWLEDGE AND DATA ENGINEERING‚ VOL. 23‚ NO. 1‚ JANUARY 2011 51 Data Leakage Detection Panagiotis Papadimitriou‚ Student Member‚ IEEE‚ and Hector Garcia-Molina‚ Member‚ IEEE Abstract—We study the following problem: A data distributor has given sensitive data to a set of supposedly trusted agents (third parties). Some of the data are leaked and found in an unauthorized place (e.g.‚ on the web or somebody’s laptop). The distributor must assess the likelihood that
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University‚ Bangladesh. Subject: Submission of assignment on “Planning of audit & independence of auditor”. Dear Sir‚ I am proud to present you my assignment which has done under your instruction. I would like to thank you for giving me the opportunity to work on such assignment. By doing this assignment‚ I gain lots of valuable knowledge not only on creating an assignment‚ but also on understanding the significance of audit analysis. I sincerely hope that this assignment meets your approval and
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Title: Catalase enzyme detection Objective: To understand the function of catalase in cells that produce the enzyme‚ interpret the results of a catalase test and know their value in differentiating bacteria. Materials: 1 clean microscopic slide‚ 3% H2O2 solution‚ swabs. Micrococcus luteus‚ Enterococcus faecalis‚ patient G Procedure: 1) Scrape some cells off from each bateria to the slant and place them on glass slide. 2) Place one or two drops of H2O2. Watch for bubbling as an indication of
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degrees of responsibility. Propriety dictates that only persons who have successfully completed their tasks or participated in accomplished activities ought to be accomplished. Budget Circular No. 2004-5A for Grant of Honoraria to Government Personnel Involved in Government Procurement The Department of Budget and Management issued a Budget Circular which provides the guidelines on the grant of honoraria to government personnel involved in government procurement consistent with Republic Act 9184
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ORGANIZATIONAL BEHAVIOR & LEADERSHIP CASE STUDY: DEVELOPMENT OF A MULTINATIONAL PERSONNEL SELECTION SYSTEM ABOUT THE COMPANY: ComInTec AG & Co. is a worldwide leading industrial company that has administration‚ plants‚ and sales offices in various regions across the globe‚ mainly Central‚ Eastern and Western Europe‚ Asia-Pacific region (APAC)‚ North America‚ Central and South America. In 2006 they had 23‚000 employees worldwide and gross revenue of 5.8 billion Euros in sales. They had recovered
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LED Lighting Business Case Study – Raleigh‚ NC Convention Center Underground Parking Deck (Raleigh‚ NC) The City of Raleigh‚ NC was building a new downtown convention center as part of a downtown revitalization plan. The City had an objective to implement many elements of sustainable design in the design and construction of this new complex. The construction project included a new three-level underground parking deck serving the convention center as well as a new hotel across the street from the
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Very simply put‚ strategic planning identifies where the organization wants to be at some point in the future and how it is going to get there. The "strategic" part of this planning process is the continual attention to current changes in the organization and its external environment‚ and how this effects the future of the organization. Skills in strategic planning are critical to the long-term success of your organization. This form of planning includes: a) Taking a wide look around at what
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