CHAPTER AUDIT REPORTS THE AUDIT REPORT WAS TIMELY‚ BUT AT WHAT COST? 3 LEARNING OBJECTIVES After studying this chapter‚ you should be able to 3-1 Describe the parts of the standard unqualified audit report. Specify the conditions required to issue the standard unqualified audit report. Understand combined reporting on financial statements and internal control over financial reporting under Section 404 of the Sarbanes–Oxley Act. Describe the five circumstances when an unqualified report with an explanatory
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INDEPENDENT AUDITOR’S REPORT the stockholders and board of directors XYZ CORPORATION Company Address Report on the Financial Statements We have audited the accompanying financial statements of XYZ CORPORATION which comprise the statement of financial condition as at December 31‚ 2011 and the statement of operations‚ statement of changes in equity and cash flows for the year then ended‚ and a summary of significant accounting policies and other explanatory information. Management’s
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PRINCIPLES OF AUDITING Course: Auditing Title: Auditing Operations and Completing the Audit‚ Auditors’ Reports Date: March 25‚ 2014 Justin Kealey‚ CPA‚ is auditing Tustin Companies‚ Inc. Kealey has accumulated known and likely misstatements for the current year to evaluate whether there is a sufficiently low risk of material misstatement of the financial statements to issue an opinion. However‚ Kealey notes that there are several misstatements that have been
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Majestic Wine PLC Annual Report & Accounts 2012 Majestic Wine PLC Annual Report and Accounts 2012 Come & explore Majestic aims to be the nation’s favourite wine specialist. We stock wines for every occasion. Our range is innovative‚ vibrant and diverse whilst representing the best quality and value. With some of the best trained people in the business‚ we share our enthusiasm and expertise to encourage our customers to explore the world of wine. Highlights Group profit before tax
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An Internship Report On Chartered Accountant Firm TABLE OF CONTENTS CHAPTER # 1 Introduction Some what about Chartered Accountant Firm Organizational Structure Geographical list of CA firms in Pakistan CA firms abroad Chapter # 2 Institute of Chartered Accountants ofPakistan ( ICAP) Introduction Types of Chartered Accountants Role of ICAP Chapter # 3 Services Rendered by a CA Firm Auditing Taxation
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Angel Toth 2/22/13 Phase 1 IP1 CJUS 1401 CTU RatliffVerreal FBI Uniform Crime Reports (UCR) and the National Crime Victimization Reports (NCVR) are two of the most recognized and utilized reports for crime statistics and the aid in crime prevention in the United States. The UCR or Uniform Crime Report is performed by the FBI. The UCR is a vital tool because it provides detailed reports on offenses and outlines patterns to help in better understanding trends and threats both nationally
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Porter Institute for Strategy and Competitiveness Harvard Business School Cambridge‚ Massachusetts June 24‚ 2005 This presentation draws on Michael Porter‚ Klaus Schwab: The Global Competitiveness Report 2004-2005‚ Oxford University Press‚ 2004 and other sources. For further information on the Report and on the Institute for Strategy and Competitiveness see www.isc.hbs.edu 200506 GCR Vietnam – KC 2005.06.24.ppt 1 Copyright 2005 © Professor Michael E. Porter Topics for Discussion
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PSA 705 - Modification to the Opinion in the Independent Auditor’s Report • Deals with the auditor’s responsibility to issue an appropriate report in circumstances when in forming an opinion in accordance with PSA 700 “Forming an Opinion and Reporting on Financial Statements” Modified Reports • Matters That Do Not Affect The Auditor’s Opinion a) Emphasis of matter • Matters That Do Affect the Auditor’s Opinion a) Qualified opinion‚ b) Disclaimer
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In more than one way‚ the film release of the Steven Spielberg-Tom Cruise movie ’Minority Report’ could not have been better planned than what is based on a Philip K. Dick book of the same name. Compared to the Book‚ movie is more detailed‚ imaginative‚ creative and original. And on the other side the original book‚ that is serviceable but unpolished‚ it’s also a little clunky and short. The film renders a much more detailed view of a near-term future world than that present in the original book
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Ethical Issues in The 2002 Steven Spielberg Movie Minority Report Technology is progressing every day. We have come so far in the past ten years. Imagine life in 2054‚ and what life will be like. That is what Philip K. Dick did in 1956 when he wrote the short story Minority Report‚ which was later produced as a movie. In the movie Minority Report‚ a team of officers led by John Anderson (Tom Cruise)‚ work together in the precime division. They collect information given by precogs to find
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