1. If a CPA recklessly departs from the standards of due care when conducting an audit‚ she or he will be liable to unknown third parties based on a. strict liability c. negligence b. gross negligence d. breach of contract 2. Under the common law‚ which of the following statements most accurately reflects the liability of a CPA who fraudulently gives an opinion on an audit of a client’s financial statements? c. The CPA is liable only to third parties in privity of contract
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ENFORCEABILITY OF CONTRACT AND BENEFITS OF THIRD PARTY Submitted by- Name : Arnabi Dutta Course: B.A. LL.B Roll No: 1283024 (A) Session: 2012-13 [First Semester] Acknowledgement This project bears on imprint of many peoples. I sincerely thank to Sir Puranjoy Ghosh and Ma ’am Jinia Kundu‚ faculty members of KIIT School of Law‚ KIIT University for providing me an opportunity to do my project work on “ENFORCEABILITY OF CONTRACTS AND BENEFITS OF THIRD PARTY”. Also‚ I wish to avail myself of
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The Audit Risks Assessment Model and Potential Areas of Improvement By: Patrick S. Fields Fraud and the Creation of Sarbanes-Oxley Following the multitude of fraud scandals in the early 2000’s‚ such as Enron and WorldCom‚ many accounting firms found themselves as part of a thorough investigation to determine what exactly caused the sudden outburst of accounting fraud. As investors and creditors pursued their lost money from the these business failures‚ accounting firms began to garner attention
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------------------------------------------------- Third Party Logistics (3PL): Benefits and Issues ------------------------------------------------- ------------------------------------------------- Abstract Third-Party Logistics have continued to play a strategic role in the management of supply chains most especially in the developed world over the past years and has seen a consistent increase in its usage in the world. In Malawi the concept is still new and has also been adopted by
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biggest factor for third-party involvement in elections is to highlight and broaden the political spectrum. As an optimist progressive‚ I continue to move forward with hope of transparency. Historically‚ Republican and Democrat candidates have been known to ignore important issues and slide to the center for popular votes. In my opinion‚ there are two semi-viable third-party groups‚ and still have little hope of winning a general election. On
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CHINA THIRD PARTY LOTISTICS SURVEY AND BETTER LOGISTICS COMPANY STUDY BY S.guo Business Logistics Management Hogeschool van Arnhem en Nijmegen HAN University.2009 6/9/2009 1 Acknowledgements 3 2 Executive summary: 4 3 Introduction 6 4 Company description and problems of company 7 4.1 Company description 7 4.2 Problems of BTL 9 5 Problem definitions 10 6 Research
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Third-Party Conflict Resolution University of Phoenix MGT 445 Organizational Negotiations Instructor Andrew W. Russo‚ MBA May 5‚ 2009 Third-Party Conflict Resolution Introduction In the negotiation process‚ the use of third-party conflict resolutions often comes into play when parties cannot seem to reach an agreement regarding resolving mutual interests. These types of third-party conflict resolutions are: arbitration‚ collaboration‚ litigation and mediation. For the Seatcor
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Discuss the extent to which economic growth may benefit the economy. (18) Economics growth is‚ it the short run an increase in real GDP and in the long run an increase in the productive capacity of an economy (the maximum output that the economy can produce). GDP stands for Gross Domestic Product which is the country’s production of goods and services valued at market price in a given time period. Real GDP is when these figures are corrected for inflation using a base year (The UK uses 2003 as
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Third Parties: The political system in America is known as a two-party system. Generally‚ two major political parties compete for office. “The first two political parties had their origins in the debate over the ratification of the Constitution – the Federalists and Antifederalists. Today‚ the Republican and Democratic Parties dominate electoral politics” (Mott). Both the Republican and Democratic parties have controlled the presidency since 1856. The total amount of third party candidates in American
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There third party logistics service providers(3PLs) are experts in the management and flow of freight‚allowing customers to focus their resources on other activities.Some of these larger organizations provide a one-stop shopping solution where customers can purchase all their transportation service needs‚regardless of mode or geographic requirements. Types of 3PL providers While many 3PLs promote themselves as integrated service providers with a comprehensive range of logistics activity.Hence
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