University of New South Wales School of Accounting Auditing and Assurance Services 2013 LECTURE 1 Introduction to the Audit Function Assurance Framework Australian Corporate Audits Auditing Standards Lecture Overview • Announcements • Overview course requirements • Introduction to the course – Assurance – Auditing – Legal requirements – Auditing standards Announcements • 1. Tutorial Allocation – Once classes are full no more will be admitted – No new classes will be scheduled
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the background information and the most recent annual reports of the selected companies. Based on information contained in the annual reports‚ students are required to develop a critical analysis of the financial health of the selected companies. Instructions to Students The project report should be clear‚ concise and coherent. In writing the report‚ you should refer to the annual reports of the companies‚ quoting references from the annual reports with page numbers where appropriate. Using references
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ordinary audit of financial statements is the expression of an opinion on: Student Answer: the fairness of the financial statements. the accuracy of the financial statements. the accuracy of the annual report. the accuracy of the annual report. Instructor Explanation: Page 142 Points Received: 2 of 2 Comments: 5. Question : (TCO 4) The responsibility for adopting sound accounting policies and maintaining adequate
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internal users usually in the form of management accounts‚ budgets‚ forecasts and financial statements. Internal users or users directly affiliated with the company use managerial accounting‚ which includes in-depth reports used to determine financial strengths as well as weak points. These reports help aid in the decision making process within the separate departments of a company. For example‚ Human Resource managers have to ensure the rights of their employee by using wage information along with other
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ACC 255 DAILY SCHEDULE All required reading & homework is to be completed prior to the start of the class in which the material is discussed or due (appendices are generally not covered unless otherwise noted). This schedule is tentative and daily assignments are subject to date changes (you are responsible for all announced changes whether or not you attend class!!!) BE = Brief Exercise P = Problem BEC = Brief Exercise‚ App. C BYP = Broadening Your Perspective Problem E = Exercise
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from the bottom and rose to become the CEO. In her influential speech‚ she has disclosed the company’s annual report proving the employees and to the public that the company’s performance is changing for the better and the results from the worker ’s achievements. According to a previous class in Phoenix‚ Accounting‚ Generally Accepted Accounting Principles (GAAP) provides company annual reports to the public‚ but in some part of Asia these information are not public. Ching’s bold decision to make
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difference between an annual report and a 10-k report? Annual reports will refer to the information package published by U.S. companies primarily for shareholders and the general public. The Securities and Exchange Commission (SEC) requires large publicly held companies to file annually a 10-k report‚ which is generally a more detailed document and is used by regulators‚ analysts‚ and researchers. 1.3 What are the particular items an analyst should review and study in an annual report and what material
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|10 Tips for Writing a Great Annual Report | |By Kivi Leroux Miller | |Even though nonprofit organizations aren’t required to produce annual reports like publicly traded companies are‚ most nonprofit | |managers recognize the value of producing one. Annual reports can help you demonstrate your accomplishments
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Analysis Attachments: 2013 and 2014 Procter & Gamble Co. annual reports offer downloadable‚ colorful copies. The reports are separated in four parts and clearly show their leading brands with pictures. Both of the annual reports ’ tones are courteous and professional. The annual reports convey the information of company year ’s operations‚ financial reports and confidence for future development. The structure of these annual reports are fairly formal and reader friendly. This company seems credible
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power of the annual report at DTCC”‚ Goldstein (2005) points out the reason why communication opportunity and unique marketing should be seized. This article is related to the report of efficiently communicating of the annual report; however‚ it is not a useful source for its limited relevance and potential bias. This article is about marketing process and communication. Goldstein (2005) argues that annual report cannot reach readers whatever in which form‚ online or printed‚ if the report is not modern
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