a going concern audit issue. Participants in Experiment One involve 92 auditor from multiple offices of three Big 4 audit firm which is 48 seniors‚ 29 managers and 15 senior managers. The range of audit experience are 3 to 13 years with a mean experience of 5.4 years. Overall‚ 80 percent of participants reported being involved in audit engagements where substantial doubt existed about the client’s going concern aassumption. While two-thirds of participants shown at least one audit engagement where
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will focus on 3 key areas: (1) developmental stages of a counselor supervisee using the Integrated Developmental Model (2) crucial developmental stage of the supervisee (3) developing a working alliance (4) supervisor factors in the working alliance and (5) ethical considerations. Developmental Stages Of A Counselor Supervisee One of the most popular developmental models of supervision is the Integrated Developmental Model (IDM) (Stoltenberg‚ McNeil‚ & Delworth‚ 1998; Stoltenberg & McNeill
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Fields Maria Gomozova Sviatlana Lizun Patricia Vaz Megan Wark Very good! 100% +2 cb 6C-1 Summary of Audit Sections Section Purpose Content 1 Objectives of the Engagement To describe the services that are to be rendered to the client (KCN). The objectives include: an audit of KCN’s financial statements for the year ended 12/31/20X5 and to issue a letter of compliance with covenants of the client’s letter of credit agreement
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Scramble the letters in the acronym “NFL” (National Football League)‚ and what do you get? – “FNL‚” otherwise known as Friday Night Lights‚ the television drama series about high school football that first aired it fall 2006. The series is based on a book and film bearing the same name. The show explores family‚ friends‚ and football‚ and the effects this high school sport has on the fictional small town of Dillon‚ Texas‚ where high school football is the focal point of just about everything in
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– Skills Module‚ Paper F8 (UK) Audit and Assurance (United Kingdom) 1 (a) (i) Importance of reporting to those charged with governance June 2013 Answers In accordance with ISA 260 (UK and Ireland) Communication with those charged with governance‚ it is important for the auditors to report to those charged with governance as it helps in the following ways: (1) It assists the auditor and those charged with governance in understanding matters related to the audit‚ and in developing a constructive
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expectations for revenue accounts Recognize factors that lead to precise expectations of account balances Appreciate the degree of professional judgment involved in evaluating differences between expected and reported account balances Understand the audit planning implications of using analytical procedures as substantive tests of account balances Burlington Bees‚ an independent‚ minor league baseball team‚ competes in the North-west Coast League. The team finished in second place in 200X with
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Question 1 - Risks surrounding the identified accounts The Audit of TNO Ltd has highlighted number of risks. The risks highlighted in the audit are discussed throughout the report. Below is a table of the risks and tests to carry out‚ based on the five accounts highlighted as being of risk. The common assertion that is common to the five accounts is valuation and allocation. Account Assessment of Risk Substantive audit procedure Accounts Receivable Account Receivable has increased while sales
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H A R V A R D B U S I N E S S S C H O O L BRIEF CASES 4426 A f ’ K I L 19. 2013 lUCHAJllJ I) HrtML-RMF.SH iiLiNRU YONG Meli Marine It was past midnight‚ but David Tian‚ CEO of Singapore-based Meli Marine‚ could not sleep. The next board meeting was just two weeks away in early February 2008. Edwin Chang‚ the founder of the company and chairman of the board‚ had called earlier to hear Tian’s assessment of a potential acquisition. "This could be.1 the biggest turning point
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The effects of Marine Protected Areas on Recreational fishing‚ with a focus on Temperate waters. Abstract Marine Protected Areas have been realized as a useful tool for the protection of marine eco system and biodiversity all over the world. These Marine Protected areas MPAs limit human activity in the conservation regions in order to protect biodiversity and exploited species. Hence they have a direct effect on recreational activities like fishing‚ bait collection‚ diver collection etc. The
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DATE: March 6‚ 2013 SUBJECT: Goodner Brothers‚ Inc. The Goodner Brothers‚ Inc. audit case is based off the story of two men who have been friends since their childhood: Woody Robinson and Al Hunt. Now as adults‚ Mr. Hunt works for an auto supply store while Mr. Robinson works for Goodner Brothers‚ Inc.‚ a tire wholesaler in Huntington‚ West Virginia. In the Goodner case‚ internal auditors were conducting their annual inventory counts of Goodner Brothers‚ Inc. and determined that their numbers
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