company has no internal audit function‚ its internal control systems is very basic. 1) The internal audit evaluates the all kinds of business and control to organization. It makes sure the organization whether compliance with the police and procedures‚ whether it meet a regulations and a criterion‚ whether use the sources effectively and economically as well as whether or not it achieves the organizations goals. But this company of AL and MO‚ they have no internal audit function. They cannot
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bs_bs_banner doi: 10.1111/1748-8583.12046 PROVOCATION SERIES PAPER Disengaging from engagement John Purcell‚ University of Bath Human Resource Management Journal‚ Vol 24‚ no 3‚ 2014‚ pages 241–254 Two basic approaches to engagement are contrasted. Work engagement relates to an individual’s psychological state of mind while at work. The problems with this and its limited relevance to HRM are considered: its concern with a minority of employees‚ the way non-engaged staff are portrayed‚ the airbrushing
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AUDIT FAILURE OF WORLDCOM Group 1 Background • WorldCom‚ first named LDDS (Long Distance Discount Services)‚ grew largely by aggressively acquiring other telecommunications companies in 1990s. • For a time‚ it was the United State’s second largest long distance phone company (after AT&T). Background However‚ the year 2002 comes… • In March‚ the SEC began to investigate WorldCom as it reported large profit while AT&T reported loss. • In May‚ Arthur Anderson was replaced by KPMG
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Phillip Canamar Accounting Case Analysis LP1 Assignment: Audit Failure 1. Analyze the actions of the auditors in both cases and identify any errors in judgment made by the auditors. The action of the Auditors‚ Audit Committee‚ and top management that worked for Molex Corporation were in error because FASB Concept Statement #2 (materiality defined) appears to apply to this case and should have know the appropriate way to handle the situation that conforms with GAAP and adjust the financials
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Strategic Systems Audit Introduction As the organizations’ business strategies are becoming more complex over time‚ the auditing practices have been evolving correspondingly over the last century (Bell et al. 1997‚ 10)‚ from a transaction-based audit prior to 1900‚ to risk-based audit approach during the twentieth century to today’s “Strategic Systems Audit” (SSA) as promoted by Solomon and Peecher over the last several years to reinvent the financial statement audit. Strategic Systems Audit focuses on
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Accounting Cycle Description Paper Jennifer Pinegar‚ Stephen Neumann‚ Zachary Galas ACC/340 July 21‚ 2015 Mark Kolesinsky Accounting Cycle Description Paper Riordan Manufacturing is global leader in plastics with a projected annual earnings of $46 million. They operate out of California‚ Michigan‚ and Georgia along with a joint venture in China. Each of the operations has its own finance and accounting system. Their conversion of the accounting cycle has helped them to earn their success. This paper
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INTRODUCTION Employee Engagement has become a hot topic which is commanding the attention of an ever increasing number of companies. It is somewhat surprising therefore that‚ as yet‚ there is no generally accepted single definition of employee engagement. Many companies and HR managers are talking about it‚ but very few define it. So our purpose here is to provide a succinct review of the research into employee engagement‚ and to offer a range of definitions‚ including our own working definition
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THE FINANCIAL AUDIT – THE GUARANTOR OF THE TRUE AND FAIR VIEW SUPPLIED BY THE FINANCIAL STATEMENTS Boa-Avram Florin Babe-Bolyai University‚ Cluj-Napoca‚ Faculty of Economical Science and Business Administration‚ St. Teodor Mihali‚ No. 58-60‚ 400591‚ Romania‚ botaavramflorin@yahoo.com‚ Tel: 0740-886491 Mati Dumitru Babe-Bolyai University‚ Cluj-Napoca‚ Faculty of Economical Science and Business Administration‚ St. Teodor Mihali‚ No. 58-60‚ 400591‚ Romania‚ dmatis@econ.ubbcluj.ro‚ Tel:
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Police forces and the media have had an interesting relationship for many years now. Many believe that the media is out to destroy the reputation of officers but at the same time‚ many also believe that the police are always hiding information and making the law up as they go. It is near impossible to say that either of these ideals are correct‚ but it is fact that the relationship between the media and the police is very controversial. The purpose of both the Police forces and the media is to
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the project entitled “BUSINESS EXPANSION MARKET STRATEGY” submitted to IBS Bangalore in partial fulfilment of the requirements of the PGPM Program is an original and bona fide work done by me. Varun Sudhakaran 12BSP1363 ACKNOWLEDEMENT I take this opportunity to extend my sincere gratitude to Dr. Prof. K Balakrishnan‚ Director‚ IBS Bangalore‚ for providing me this opportunity to work as an intern in a reputed organization like BlueSquare Management Consultants. I would like to thank the
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