Page - 1 - of 4 CHAPTER 1 Audit and Review 1 WHAT IS AN AUDIT An audit has been defined as “an independent examination of‚ and expression of opinion on‚ the financial statements of an enterprise by a duly appointed auditor in pursuance of a relevant statutory or professional obligation”. Independent – an auditor is remote from the enterprise that he/she is reporting on. This independence is defined by law and professional practice. Opinion – an auditor gives an opinion. He does not certify
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You don’t know what I had to do to get this far. What I had to do to be called the “Famous Accountant” that fights crime for just the fun of it. How I got to live in Beverly Hills. I grew up in the bad parts of Philadelphia. My parents were very poor. I had to rob to get food for my family and I. There were shootings and killings every day‚ and I was the lucky one to survive‚ but one day a criminal broke into our house to rob us and killed my parents. From that day on‚ I swore to stop any criminal
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JS6557 Professor Pratt §16‚ Thursdays‚ 10:00 a.m. X Mailbox # 406 Final Draft Closed Memo September 5‚ 2012 Word Count: 2‚975 On my honor‚ I submit this work in good faith and pledge that I have neither given nor received improper aid in its completion. /s/ JS6557 JS6557 Memorandum To: Managing Partner Salvo From: JS6557 Date: September 24‚ 2012 Re: McAnzen Case QUESTION PRESENTED DUI Under Mississippi law‚ can McAnzen establish a defense of necessity
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Memo To: William Nubern‚ Chief Executive Officer for the Garden Equity Group From: Jacob Sumble Date: [ 4/28/2013 ] Re: General Mills Evaluation Message GIS faces a large amount of exposure from changes within the corn and oil commodities market. GIS uses a large amount of corn to process and create their products‚ but the market for corn is evolving. Corn is now used to: feed livestock‚ produce ethanol‚ feed the world’s growing population‚ and create corn based synthetics. As the
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John Mullin Audit 5610 Case 6.7 9/25/12 Hamilton Wong‚ In-Charge Accountant 1. If I were placed in Hamilton Wong’s position I would report all of my time worked during the audit of Wille & Lomax. This practice of “eating time” is unethical. While most accounting firms probably feel this type of practice is unacceptable‚ it still happens. If you don’t report all your worked time‚ how does the firm bill their clients properly? What about future audits for the same company? If underreporting
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Chartered Accountants (CICA) conducts research into current business issues and supports the setting of accounting‚ auditing and assurance standards for business‚ not-for-profit organizations and government. It issues guidance on control‚ best practices and governance‚ publishes professional literature‚ develops continuing education programs and represents the CA profession nationally and internationally. Together with the provincial‚ territorial and Bermuda institutes/ordre of Chartered Accountants‚ the
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Credit Package Cairo on : 07/05/2014 To : Egyptian Banking Institute Client Name : Kiriazi Company for Engineering Industries Group Name : Kiriazi Group Sector of Activity: Manufacturer of home appliances Legal Status : Joint Stock Prepared By: Marwa Ramadan Emam Gad Mohamed Rabaey Ahmed Kamal Ahmed Mohsen Ahmed Amin Ahmed Belbesy Mohamed Shazly Waleed Serag
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management includes strategic analysis‚ strategy formulation‚ strategic choice‚ strategy implementation and control strategic decision for an organization to deploy resources into new opportunities. Strategic management is important for Chartered Accountants‚ CEO‚ Directors‚ Managing Directors‚ Strategy Planners‚ Students and Faculty Members of BBM‚ MBA‚ M.Com‚ PGDM‚ PGDBM‚ PGDHRM‚ ICFAI and competitive examinations in India and abroad. I invite suggestions from one and all for improvements in next
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Memo Writing Memos have one purpose in life: as the authors of Business Writing Strategies and Samples put it‚ "Memos solve problems." Memos solve problems either by informing the reader about new information‚ like policy changes‚ price increases‚ etc.‚ or by persuading the reader to take an action‚ such as attend a meeting‚ use less paper‚ or change a current production procedure. Regardless of the specific goal‚ memos are most effective when they connect the purpose of the writer with the interests
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SAMPLE EMPLOYEE MEMORANDUM To: [specify distribution] From: [CEO or senior management official] Subject: Computer Software and U.S. Copyright Law Date: [insert] The purpose of this memorandum is to remind you of [name of organization]’s policy concerning the illegal copying and use of commercial software. Unlicensed duplication or unauthorized use of any software program is illegal and can expose you and the company to civil and criminal liability under the copyright law. To
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