Illustrative Audit Case: Keystone Computers & Networks‚ Inc. Part III: Substantive Tests—Accounts Receivable and Revenue This part of the audit case illustrates the manner in which the auditors design substantive tests of balances. The substantive tests are illustrated for two accounts—receivables and revenue. This aspect of the audit is illustrated with the following audit documentation: • ABC’s risk assessment working paper that combines the auditors’ assessments of inherent and control risks into an
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include muscle pain‚ headache‚ nausea‚ fatigue and rash. • The disease shares some clinical signs with dengue‚ and can be misdiagnosed in areas where dengue is common. • There is no cure for the disease. Treatment is focused on relieving the symptoms. • The proximity of mosquito breeding sites to human habitation is a significant risk factor for chikungunya. • The disease occurs in Africa‚ Asia and the Indian subcontinent. In recent decades mosquito vectors of chikungunya have spread to Europe and
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Accounting Education: an international journal Vol. 20‚ No. 2‚ 203– 222‚ April 2011 Adding Value to Audit Education through ‘Living’ Cases JULIE DRAKE University of Huddersfield‚ UK Received: November 2009 Revised: July 2010 Accepted: September 2010 ABSTRACT This paper seeks to address the perceived failure of university teaching to foster critical understanding of audit practice and to identify a potential remedy. It contributes to the debate (Maltby‚ 2001‚ “Second thoughts about ‘Cases in
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whole . Marx’s view on the bourgeoisie and proletariat are also interesting ‚ in the way that he views people in these two groups ‚ and that one day it may not be this way ‚ so it also challenges you to think a bit into the future . Karl Marx had a common theme to his writings ‚ which was a profound sense of moral outrage at the misery produced in the lower classes by the new industrial social order . With this in mind ‚ he believed society was built off of two social classes : The Bourgeoisie and
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AUDITING THEORY 8. Which of the following should an auditor do when control risk is assessed at the maximum level? A. Perform fewer substantive tests of details. B. Perform more tests of controls. C. Document the assessment. D. Document the internal control system more extensively. 9. Which of the following is least likely to be a test of a control? A. Inquiries of appropriate personnel. B. Inspection of management’s engagement letter. C. Observation of the application of a policy. D.
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Explain in details the risk factor approach to intervention/ prevention effort. What are the pros to using the risk factor approach? What are the cons to using the risk factors approach? Risk factors is a particular factor that‚ when present‚ increases the odds of developing a certain outcome. Risk factors are not deterministic‚ nor they necessary or sufficient conditions for out come to surface (Beaver‚ 2015). In risk factor approach intervention its very important to distinguish between
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How Abiotic Factors Affect Living Organisms Article by Atula Gupta (4‚989 pts ) Edited & published by Rebecca Scudder (73‚943 pts ) on Jul 15‚ 2010 Read more: http://www.brighthub.com/environment/science-environmental/articles/77769.aspx#ixzz1I0yCv4PU Planet Earth is the only known planet that has conditions suitable enough for living organisms to grow‚ reproduce and survive. These conditions are a combination of non-living components like water‚ sunlight‚ temperature and living components
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Fundamental concepts of f/s audit Materiality misstatement of accounting information. is a matter of professional judgment Audit risk The auditor expresses an inappropriate audit opinion when the financial statements are materially misstated‚ Evidence (more than “per discussion with client) Major phrases of audit: Client acceptance/continuance; Preliminary engagement activities; Establish materiality and assess risks; Plan the audit ;Consider and audit internal control; Audit business processes and
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External environment can be divided into 2 groups which are Microenvironment and Macroenvironment. Microenvironment and Marcoenvironment are the important factors in the marketing environment. Mircoenvironment are the environmental factors are in its proximity. The factors influence the company’s non – capacity to produce and serve the market. There are several factors in Microenvironment which is Company‚ Supplier‚ Marketing intermediaries‚ Competitor‚ Publics and customers. Meanwhile in Macroenvironment
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RUNNING HEADER: Teen Dating Violence Risk Factors for Teen Dating Violence Introduction Dating violence is defined by the United States Department of Justice as “the perpetration or threat of an act of violence by at least one member of an unmarried couple on the other member within the context of dating or courtship” (Center for Disease Control and Prevention‚ [CDC] 2009). It occurs in heterosexual and same-sex relationships. Dating violence crosses
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