Subject: Negligence Liability of Accountants ______________________________________________________________________ Facts By law‚ accountants may be responsible for customers that hire them in various legal theories‚ including contract‚ fraud and negligence. Accountant malpractice happened when he or she violates the duty of reasonable care‚ knowledge‚ skills and judgment that he or she is due to a client or to the laws to provide auditing and other services. South Asset Management Co hired
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Transactions Show Journal entries to record the following transactions. Post them into appropriate Ledger Accounts and then extract a Trial Balance on 31st December‚ 2012: 2012 Jan 1st: Commenced business with cash Rs 1‚00‚000. Jan 10th: Bought office equipment worth Rs 40‚000. Jan 25th: Purchased goods worth Rs 25‚000; less 10% trade dis. on credit from Rahul. Feb 4th: Purchased office stationary worth Rs 500. Feb 9th: Paid premium for fire insurance Rs 5‚000 Feb 20th: Sold goods on
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UNIVERSITI UTARA MALAYSIA UUM COLLEGEOF BUSINESS SCHOOL OF ACCOUNTANCY COURSE CODE : BKAL1013 COURSE : BUSINESS ACCOUNTING PRE-REQUISITE : NONE 1.0 COURSE SYNOPSIS This course is designed specifically for students from non-accounting disciplines. It is divided into two sections‚ i.e. financial accounting and management accounting. Students will be exposed to accounting concepts‚ principles and assumptions. They would be able to assess
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Contrasting between Certified Nurse-Midwife and Certified Midwife Every profession has its own beauty. Nursing is a professional industry with responsibility for important tasks in medical systems. For a long time‚ professional "nurses"‚ especially midwife nurses‚ were considered low-status; they usually did the extra work as assistants in the army. They helped with cleaning‚ cooking‚ laundry‚ etc .. . A 2012 research by Marjie Bloy found that Florence Nightingale is presented as a public health nurse
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CHAPTER 4 Final Accounts Meaning Preparation of final account is the last stage of the accounting cycle. The basic objective of every concern maintaining the book of accounts is to find out the profit or loss in their business at the end of the year. Every businessman wishes to ascertain the financial position of his business firm as a whole during the particular period. In order to achieve the objectives for the firm‚ it is essential to prepare final accounts which include Manufacturing and
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Individual Assignment Introduction to Financial Accounting (ACC106) Mega Lawa Trading is a sole proprietorship business owned by Milah Mela. Transactions below are the business activities for the month of December 2013. Date Transaction Effects of Transaction Principles of Double Entry 1 Started a business with a cash at bank for RM 15‚000 and cash in hand for RM 10‚000 3 Purchased machinery on credit from Happy Machine Supplies amounted to RM 90‚000 4 Bought inventories
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Wade Turrentine Mr. Kucharik College Comp I 11/15/09 The Duties of a Certified Nurse Aide A Process Paper Being a Certified Nurse Aide (C N A) is an extremely rewarding experience. You discover a whole new side of yourself when you’re at work. It allows you to be able to handle many more somewhat disgusting situations by knowing that the person receiving this care is in need of it. This is due to the fact that they either can’t care for themselves or have a disease that inflicts
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Professional Liability There have been many changes in how healthcare is delivered today as opposed to how it was delivered decades ago when our parents were young. Many years ago there was a close relationship between a doctor‚ patient‚ and pharmacist. There was a considerable amount of trust given to the healthcare professional. They took the time and patience to make sure that their patient received the highest quality of care. Today‚ the healthcare industry is not as personable
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! ! ! Liability for Negligence! 1. The Duty! PURE ECONOMIC LOSS ! Neighbour Test (Donoghue v Stevenson): Care must be taken to avoid acts Salient Features Test (Perre v Apand): Neighbour test is not enough in cases of which you can reasonably foresee would be likely to injure your neighbour. Who are pure economic loss to establish a duty of care‚ which caused a need for further persons I ought to reasonably have in contemplation as I take an action/omission. tests to identify
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Divyang.Chandiramani 1st BA.LLB – B Roll no. 1316165 The Government Of India Act of 1919 Ms.Mukta Mane School of Law‚ Christ University Index Serial no | Topic | Page no‚ | 1 | Research Methodology | 3 | 2 | Government of India Act Of 1919 | 4 | 3 | Bibliography | 9 | Research Methodology: Aim To study the Government of India Act of 1919 with regard to the Montague-Chlemsford reforms. Significance These reforms made huge changes in the executive‚ judiciary and the legislature
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