201037076 Puriza U. Topic: Using technology to improve internal audit communications in the Banking Sector Background Internal auditing has come a long way over the last two or three decades. In the past‚ internal auditing was seen as a mechanism to double-check the thousands of financial transactions that were posted to the accounts each week. Today an internal auditor facilitates the development of suitable controls as part of a wider risk strategy‚ and provides assurances on the reliability
Premium Internal audit Auditing Internal control
Paper 1 EXTERAL ANALYSIS Macroenvironmental Analysis: • Economic: Globalization of the pharmaceutical industry is an exciting opportunity to have research and development done at cheaper prices in other countries. However‚ this could be a double edged sword for companies because it is easy for other countries‚ such as India‚ to produce generic versions of the drug in bulk. • Technological: Profitability is determined mainly by the ability to discover new drugs. Technology is at the forefront
Premium Johnson & Johnson
Institute of Accountants has approved this Guideline for publication. These guidelines have been adapted by the Internal Audit Committee of the Malaysian Institute of Accountants from the publication "Guidance for Internal Auditors" issued in June 1990 under the aegis of the Consultative Committee of Accountancy Bodies (CCAB) in the United Kingdom. These guidelines provide advice to internal auditors on the main issues and procedures which they need to consider as part of their work in both the commercial
Premium Auditing Internal audit Audit
Strategic analysis requires analyzing three primary activities which refer to the mission of the organization‚ internal environmental analysis and external environmental analysis. In this stage‚ we can analyze that Apple Inc. is more focus on the components such as the current technologies than on the employees based on the mission statement. SWOT analysis can be used to analyze the internal and external environment of Apple Inc. The internal environment factors are strengths that represent value
Premium Apple Inc. Apple Inc. Steve Jobs
Go to http://phet.colorado.edu/simulations/sims.php?sim=Motion_in_2D and click on Run Now. 1) Once the simulation opens‚ click on ‘Show Both’ for Velocity and Acceleration at the top of the page. Now click and drag the red ball around the screen. Make 3 observations about the blue and green arrows (also called vectors) as you drag the ball around. The vectors appear to have both direct and inverse relationships with each other. When I move the ball one direction‚ both of the vectors move the
Premium Velocity Kinematics Classical mechanics
UNDERSTANDING INTERNAL CONTROLS A Reference Guide for Managing University Business Practices Understanding Internal Controls Table of Contents INTRODUCTION .................................................................................................................................................................1 OBJECTIVES ......................................................................................................................................................................1
Premium Internal control Internal audit
ROTATIONAL MOTION CENTRE OF MASS AND ROTATIONAL MOTION INTRODUCTION- For describing the motion of rigid bodies‚ we shall introduce the key concept of ‘centre of mass’. This concept enables us to understand how we can apply justifiably the Newton’s laws of motion‚ in essentially the same form to objects of large size including even the astronomical objects like the planets and the stars. KINDS OF MOTION OF A RIGID BODY- A rigid body may have three kinds of motion- (1) Pure Translation Motion- in such
Premium Classical mechanics Torque Mass
8 Internal Trade 8.1 Introduction In the lesson on trade you have already been made familiar with the distinction between internal and external trade i.e. between home trade and foreign trade. You will recall that internal trade consists of exchange of goods and services between people living within the same country. In this lesson you will learn about internal trade in detail. 8.2 Objectives After studying this lesson you will be able to • • • • • • • • recall the meaning of Internal Trade; explain
Premium Retailing
Internal Controls XACC 280 By University of Phoenix Professor This paper will discuss the internal controls and how they work in business. I will shed some light on the organizations financial and business policies‚ process and procedures. The purpose of these internal controls is to protect the company’s resources against fraud‚ misappropriate funds and most important waste. A company can spend quite a
Premium Management Internal control Auditing
Projectile Motion You have probably watched a ball roll off a table and strike the floor. What determines where it will land? Could you predict where it will land? In this experiment‚ you will roll a ball down a ramp and determine the ball’s velocity with a pair of Photogates. You will use this information and your knowledge of physics to predict where the ball will land when it hits the floor. [pic] Figure 1 objectives * MEASURE THE VELOCITY OF A BALL USING TWO PHOTOGATES AND
Premium Velocity Measurement Acceleration