Solution to Case 1 Cash Flow Analysis Signal Cable Company* * Note to Instructors: When assigning this case‚ inform the students that the firm’s stock price has recently dropped from $7 per share to $5.50 per share. Case objective: The objective of this case is to cover financial statement analysis and cash flow analysis‚ with a particular emphasis on liquidity and net working capital. Student Preparation time: Approximately 2 hours. Answers to questions: 1. Why has the stock price fallen
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assertions and audit objectives - Define management assertions and the related audit objectives - Describe management assertions related to class of transactions‚ balances and presentation and disclosures - List out and describe general transaction related audit objectives‚ balance related audit objectives and presentation and disclosure audit objectives - Understand specific audit objectives and how they are linked to general audit objectives and management assertions Topic 4 – Audit evidence
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* Subject Synopsis This course introduces the elements of auditing. It discusses the principles and procedures of auditing‚ types of audits‚ scope and objectives of auditing. It also covers professional ethics in auditing‚ audit evidences‚ audit planning and various other aspects of auditing. Moreover it gives knowledge about objectives of doing audit. The course also aims to explain the liability and responsibility of the auditor and how the computerised environment effects the business environment
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A Marine Biologist Marine biology is an ideal profession for me because of my love for the ocean and my passion for sharks. A marine biologist studies all types of sea life and can specialize in studying large ocean animals. Since the release of the 1975 movie “Jaws;” I was captivated by this majestic species. I have always felt a kindred spirit with sharks and want to be part of a solution to change the general population’s perception of sharks. A marine biology education provides me with the
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Challenges in the Field of Marine Biology No matter what science oriented profession one chooses to pursue‚ education is the undisputed key to success and the field of marine biology is no exception. While a bachelor’s degree qualifies you for an entry level position‚ it is most likely insufficient if you have your sights set on a career involving independent research or field work. The majority of people working within the field of marine biology with only a bachelor’s degree‚ are for the
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Leaders of Marines There are many awards given out for leadership; however‚ watching Marines succeed because of the time and effort that their leaders have invested in them can be far more rewarding than any medal or certificate. There are many different methods and theories on leadership; however‚ some approaches are almost universal amongst leaders. Leadership is a continuous process‚ which requires limitless dedication that will constantly push Marines to their limits. Leaders should know not
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AUDITING THEORY 1. Which of the following activities is an analytical procedure an auditor would perform in the final overall review stage of an audit to ensure that the financial statements are free from material misstatement? A. Reading the minutes of the board of directors’ meetings for the year under audit. B. Obtaining a letter concerning potential liabilities from the client’s attorney. C. Comparing the current year’s financial statements with those of the prior year. D. Ensuring that
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Madalena Barbosa Marine Resources – April‚ 2012 Index Common Property Fishery of N identical fishing vessels model: .................................................. 2 1.a) Biological Stock Equilibrium without Harvest .................................................................... 2 1.b) Maximum Sustainable Yield ............................................................................................... 2 1.c) Open Access Equilibrium ................................................
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Title: Report on the most appropriate marketing audit analysis tools for the X Group To: Marketing Director‚ X Group From: Marketing Consultant Date: January 4th‚ 2005 Purpose of report The X Group are undertaking a complex marketing audit and require assistance in evaluating the most appropriate analysis tools. This report will endeavour to fulfil the X Group’s requirements by critically explaining the components of micro
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1.State Regal Marine’s mission in your own words. “With great innovation and leadership development to enhance a diverse cognizant membership‚ “Regal Marine” strives to preserve and promote an inclusive environment for its member” 2.Identify the strengths‚ weaknesses opportunities and treats that are relevant to strategy of Regal Marine. Opportunities *USA is the largest boating I water skiing nation in the world. *Estimated water skiing interest doubles if it becomes Olympic event. *None
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