INTERNAL AUDIT 1 Internal audit ‘Internal audit’ is an appraisal activity established by management for the review of accounting and internal control systems as a service to the entity. It reviews‚ monitors and make recommendations for the improvement of systems. Other activities include: Examination of financial information Review of economy‚ efficiency and effectiveness (‘value-for-money’ audits) Review of compliance with external laws and regulations Review of internal policies Review
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last 30 years‚ the salary received by the average CEO has increased exponentially. The salary received by the average hourly worker‚ of course‚ has not. In 1980‚ CEOs were paid 42 times the average amount of money paid to hourly workers; by 2000 it had grown to a staggering 531 times.1 Its clear that as revenue grows‚ the pay gap between worker and CEO grows exponentially as well. In a corporation that only generates $5‚000‚000 in annual revenue‚ the CEO receives 5.4 times the median pay of all other
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memorandum to: department of parking and transportation from: Napoleon Rosado subject: organizing fiu parking date: cc: Students@.fiu.edu It is no secret that parking at FIU has been an ongoing phenomenon rehashed and disused over before‚ that has affect both students and faculty tremendously. Almost anyone‚ who has visited FIU has experienced this unfortunate occurrence. This problem continues to emerge and could become immense‚ if the campus is expanded by generating the addition of newly
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To: Kim Ford Date: 2/13/13 Subject: Nike’s Cost of Capital I agree with Ms. Ford’s estimate of Nike’s Cost of Capital at 8.4% The WACC is the appropriate method for valuing Nike’s capital. The WACC takes your cost of debt x the percent of capital + CAPM x equity percent of capital and it tells the rate of return the company needs to return based on its capital structure. In my opinion Ms. Ford has correctly assumed Nikes cost of debt and cost of equity. Her projection for cost of debt uses
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To: Jose Rivaldo From: Shirley Fang Date: Oct. 19th‚ 2014 Subject: Expanding the tournament Introduction: I think expanding the size of tournament is the best way to meet the target. This alternative is practical to save costs and to maximize the profits. I’m going to analyze the costs‚ other alternatives and implement measures to explain how the Craddock Youth Soccer League can benefit from expansion. Analysis: After analyzing the original plan of Craddock Cup‚ I found the classification of costs
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I would first like to let everyone know what an exciting opportunity the merging of InterClean and EnviroTech can be for our sales team. The companies have brought together two of the leaders in the institutional and industrial cleaning and sanitation industry. Together as one‚ these companies will be an unstoppable force with limitless possibilities. So I would like to welcome you all to take part and pride in this emergence. As managers for our company‚ we have the responsibility to uphold the
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TO: EXECUTIVE PICE PRESIDENT FROM: ACCOUNTING TEAM MATE SUBJECT: LIFO-FIFO EXPLANATION DATE: SEPTEMBER 20‚ 2010 EXECUTIVE VICE PRESIDENT The overview of Last In/First Out and First In/Last Out is now completed for the date and time of your choice to discuss the company matters. The information from last month is was completed at the end of the month and the present is kept current on a daily base as management needs to be up to date of the inventory and financial
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IGN: BlameMorgan (past IGNs > MorganAG‚ MorganGallant‚ gallantmo) Age (Must be 14 or older): 16 Timezone: I live in Ontario‚ Canada‚ so my time zone is EST. How active can you be: I am a very active player on HCF‚ and thoroughly enjoy being on these types of servers. That being said‚ I can be online ~2-4 hours a day‚ on weekdays‚ and ~3-5 hours a day on weekends. I am currently in an academic program at my school‚ however‚ I am willing to make sacrifices in order to 1) help out the server‚ and
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ABC Corporation takes pride in being an ethical workplace both for the wellbeing of our company and our audiences. In an attempt to improve its policy on company ethics‚ ABC has set forth a new set of ethical guidelines for interpersonal communication on the workforce. It is crucial‚ that as a whole‚ we avoid ethical pitfalls in corporate communication for it can substantially degrade our working environment and neglect the company’s interests. Unethical Communication As an employee‚ it is
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TO: All Employees FROM: ME‚ Benefits Choice Manager DATE: March 27‚ 2013 SUBJECT: BENEFIT ENROLLMENT CHANGES The benefit enrollment period has arrived for all Baxter Company employees for the 2014 benefit year. Any changes that employees wish to make to their benefits including‚ health‚ dental and life insurance policies will need to be made during this open enrollment period only. Please note that most benefits will not be changing for the upcoming 2014 benefit year. The changes
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