456 Chapter Eleven Appendix 11B Illustrative Audit Case: Keystone Computers & Networks‚ Inc. Part III: Substantive Tests—Accounts Receivable and Revenue This part of the audit case illustrates the manner in which the auditors design substantive tests of balances. The substantive tests are illustrated for two accounts—receivables and revenue. This aspect of the audit is illustrated with the following audit documentation: • ABC’s risk assessment working paper that combines the auditors’ assessments
Premium Accounts receivable Revenue
Standards Introduction Self-regulated: the standards governing audits were established by members of the profession themselves Sarbanes-Oxley Acct of 2002 Created: Public Company Accounting Oversight Board (PCAOB) to provide external and independent oversight over the audits of public entities Responsible for registering public accounting firms‚ establishing standards for audit engagements‚ and inspecting the quality of audits conducted by public accounting firms ****Generally Accepted Auditing
Premium Auditing Internal control Audit
TITLE: Managing self and personal skills MODULE CODE: BMG Describe the competencies required by you as a manager. Analyse your own strengths and weakness against these competencies. Devise a personal development plan to ensure our own effectiveness in a managerial role and with reference to given course material and /or independently researched sources. INTRODUCTION In business‚ management simply means the skill of getting people together
Premium Management
------------------------------------------------- PERSONAL SKILLS DIAGNOSTIC PACK ------------------------------------------------- STUDENT NAME: Claire Greenstock STUDENT NUMBER: 10032428 ------------------------------------------------- 4 pieces of self-analysis to complete for Assignment 1 * Personal SWOT Analysis (strengths‚ weaknesses‚ opportunities‚ threats) * Personal ‘life’ timetable * Self-evaluation table * Personal Learning Styles Questionnaire * Personal reflection on your personal learning
Premium Time Learning
the circumstances and opinion expressed by an auditor‚ where he is unable to obtain sufficient audit evidence. 2. Auditors of M/s Santa Banta (P) Ltd. were changed for the accounting year 2010-11. However there was no change in the position of closing stock which remained at ` 400 lacs . The auditors of the company propose to exclude the audit of closing stock of ` 400 lacs from their audit programme on the understanding that it pertains to the preceding year which was audited by another
Premium Auditing Financial audit Internal control
Assignment (1) Assignment (1) Task 4: Graduate Employability and Transferable Skills This report will allow me to look in depth what is employability and transferrable skills; relating to my own skills‚ strengths and weaknesses and how they will have an effect on my own employment. The term employability is defined as “Employability can be thought of as ‘…a set of achievements‚ understandings and personal attributes that make individuals more likely to gain employment and be successful in
Premium Management Strategic management Learning
Personal Writing Skills Evaluation Many people in the world are trying very hard to learn English language. It is not a surprise that English is also a world language which most countries in the world can use as a universal language and as a language to conduct business or education. Numerous scientific researches‚ publications‚ and origins of internet are all in English hence it is often necessary language to know in order to keep up in the modern world. I’m personally very proud of being able
Free Writing Learning Rhetoric
ACL ADMINISTRATION PAYCHECK FILE How many records are there in database? There are 147 records in the paycheck file. How many data validity errors are there in the database? There were no validity errors in the database; all records are entered into the system‚ thus makes it all valid. What are the following totals? Gross Pay (TOTAL_GROS) = 178‚831 Taxes withheld (TOTAL_TAXE) = 36‚584 Deductions withheld (TOTAL_DEDU) = 24‚947 Net Pay (NET_PAY) = 117‚292 EMPLOYEE FILE How
Premium Salary Causality Employment
Module 1 Emma Hollinshead. Vocational Learning Advisor name Leanne Chadwick. Module 1 - Induction - your learning programme Tick all that apply 1. Who is funding your learning programme? Skills funding Agency. 2. What is your Learning Agreement / Individual Training Plan / Personal Training Plan? ✔ ✔ ✔ a. A detailed outline of your agreed learning programme b. A review of your targets and progress c. A summary of your achievements Level 2 H4SC. Level 1 English & Maths
Premium Skill Vocational education Psychology
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
Premium Audit Auditing Internal control