economic analysis and the theory of tort law"‚ Canadian Business Law Journal‚ Vol. 20‚ pp. 180-214. 1992 6 7. Pacini‚ Hillison‚ Alagiah‚ Gunz “Commonwealth Convergence Toward a Narrower Scope of Auditor Liability to Third Parties for Negligent Misstatements”‚ ABACUS‚ Vol. 38‚ No. 3‚ 2002 8 11. Lansley‚ Gibson‚ Fogarty‚ “Corporate governance in Australia” International financial law review. In The IFLR guide to corporate governance(pp. 33–40). 2002 12 13. Chung‚ Farrar‚ Puri‚ Thorne‚ “Auditor liability
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offset portfolio losses by their venture capital investors‚ management had accelerated the decision to raise additional capital through a public equity offering. Exhibits 1 through 4 provides selections from JetBlue’s initial public offering (IPO) prospectus‚ the name for the document required by the SEC to inform investors about the details of the equity offering. With less than a week to go until the offering‚ JetBlue management was preparing for a meeting with IPO co-lead manager‚ Morgan Stanley
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company.- No public company shall‚ except with the prior approval of the Commission in writing‚ and subject to such conditions as may be imposed by the Commission in this behalf‚ convert itself into a private company. 45. Prospectus or statement in lieu of prospectus to be filed by private company on ceasing to be private company.- (1) If a company‚ being a private company‚ alters its articles in such a manner that they no longer include the provisions which‚ under clause (28) of sub-section
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PROFESSIONAL MISCONDUCT By: Mrs. Surbhi Bansal M.Com.‚ FCA Sec.2 (2): Members deemed to be in practice: If he i) Engages himself in practice of accountancy‚ or (ii) Offers to perform audit related services or holds himself out to the public as an accountant‚ or (iii) Renders professional service or assistance in Matters of accountant interest etc.‚ or‚ (iv) Renders such other services which as per opinion of the council‚ to be rendered by C.A. in practice. (Mgt
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Tomáš Vakrman 30. 11. 2012‚ Praha By July 2012‚ European Economic Area Member States were required to implement new rules regarding prospectus regime. The changes were introduced in the Commission Delegated Regulation (EU) No 486/2012 of 30.3.2012 amending Regulation (EC) No 809/2004. The document presented rather evolutionary than revolutionary changes‚ however‚ some parts will have a significant impact in practice. The Amending Directive applies to majority of the issues with few exceptions:
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disclosure requirements which are probably more extensive than those in various international markets. There have also been various changes and proposed changes to the Companies Ordinance concerning issues such as the regulation of foreign companies‚ prospectus liability and enhancement of shareholders’ remedies. Legislation aside‚ significant changes have also been made to the Hong Kong Listing Rules‚ most of which came into force on March 31 2004. These changes: * modernize and rationalize the
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underwriters‚ Collection of NOC from Lenders‚ Audit of Accounts‚ Credit Rating Report‚ Agreement with CDBL‚ Approval from Sponsors‚ Refund warrant guarantee‚ Draft Prospectus‚ Consent from SEC‚ and Application Submission. And Work After Consent consists of Submission of prospectus‚ Announcement for the investor‚ Provide full prospectus‚ Subscription period‚ Application for listing‚ Transaction rate‚ In case of under subscription‚ Application to Stock Exchanges for Listing‚ and Approval of listing
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THE RELATIONSHIP OF RISK ASSESSMENTS AND INFORMATION TECHNOLOGY TO DETECTED MISSTATEMENTS Lizabeth A. Austen Assistant Professor University of Arkansas Aasmund Eilifsen Associate Professor Institute of Accounting‚ Auditing and Law Norwegian School of Economics and Business Administration William F. Messier‚ Jr. Deloitte & Touche Professor Georgia State University Professor II Institute of Accounting‚ Auditing and Law Norwegian School of Economics and Business Administration Preliminary Draft:
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............... Evaluating the Effect of Misstatements ......................................................... 1-3 4-8 9-11 12-16 International Standard on Auditing (ISA) 320‚ “Audit Materiality” should be read in the context of the “Preface to the International Standards on Quality Control‚ Auditing‚ Assurance and Related Services‚” which sets out the application and authority of ISAs. The Audit Risk Standards the Risks of Material Misstatement‚” ISA 330‚ “The Auditor’s Procedures in Response
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Worksheet — Summary of identified misstatements Entity Period ended 335 Page 1 of 2 Objective: To document misstatements identified during the audit and to evaluate: - The effect of identified misstatements on the audit. - The effect of uncorrected misstatements‚ if any‚ on the financial statements. Performance materiality Insignificant misstatements under $ need not be recorded below. Amount of over (under) misstatement in the financial statements Circumstances of occurrence
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