“Auditors Professional Responsibilities and Legal Liability with Regard to Private Auditors in Ethiopia”: For the Fulfillment of M.Sc Program in Accounting and Finance Adviser: Johannes Kinfu (Prof) By: Muluneh Beyene Addis Ababa University School of Gradate Studies Department of Accounting and Finance July‚ 2007 Addis Ababa Statement of Certification This is to certify that Muluneh Beyene has carried out his research work on the topic entitled “The Auditors Professional Responsibilities
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A SHORT HISTORY OF ACCOUNTING AND BUSINESS The history of accounting is as old as civilization‚ among the most important professions in economic and cultural development. Accountants invented writing‚ developed money and banking‚ innovated the double entry bookkeeping system that fueled the Italian Renaissance‚ were needed by Industrial Revolution inventors and entrepreneurs for survival‚ helped develop the capital markets necessary for big business so essential for capitalism‚ turned into a profession
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The book I decided to do my book report on is The Last Olympian‚ written by Rick Riodarn. This book is set in Manhattan. There is a camp of halfbloods‚ or people with one mortal parent and one immortal parent. The titan lord‚ Kronos‚ has just been reborn and is trying to kill the people at Camp Halfblood. The main characters of the book are Percy‚ Annebeth‚ Nico‚ Luke‚ Kronos and other assorted campers. Luke had been taken over by the titan lord‚ Kronos. He was trying to
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ASSIGNMENT 1: Critical analysis of a published article Introduction This is an article talking about an arranged marriage. This article published The guardian‚ Life & Style 2008‚ [online] Series: First Person-Family 2008 [online] Available From: www.guardian.co.uk/ [Accessed 13 Sep‚ 2008] The main key points of this article are a fact about arranged marriage. The spectators of this article are speaking to a British society because the writer intended to present them the real meaning about the
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The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period‚ showing how these cash flaws link the ending cash balance to the beginning balance shown on the company’s statement of financial position. The cash flow statement consists of three parts: cash flows provided by operating activities‚ cash flows provided by investing activities‚ and cash flows provided by financing activities. The operating section adjusts the net profit figure
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History Of Accounting Marion Clarisse Bonoan Ms. Champion BAF 3M According to the dictionary the word accounting means‚ the process or work of keeping financial accounts. However‚ how did accounting started? Was it just by a simple merchant or entrepreneur who needed a good and stable way to keep track of all his earnings? Or was it by an old mathematician studying ways to calculate how a business would be successful and just so happen to come across such a process? The history of
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------------------------------------------------- Other Data 1. Film rental expense for the month is $14‚200. However‚ the film rental expense for several months has been paid in advance. 2. The building is being depreciated over a period of 40 years (480 months). 3. On the first of each month‚ the theater pays the interest which accrued in the prior month on its note payable. At July 31‚ accrued interest payable on this note amounts to $1‚583. 4. The theater allows local nursing homes
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8 Accounting theory and conceptual frameworks After studying this chapter you should be able to: & explain what accounting theory is & describe the main attempts at constructing an accounting theory & appraise current developments in the area & describe and discuss the contents of the IASB Framework & appraise the quality and usefulness of the IASB Framework in the context of its self-declared purposes & describe and discuss the parts of IAS 1 relating to accounting concepts and policies & appraise
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Chapter 21 Audit of the Inventory and Warehousing Cycle Review Questions 21-1 Inventory is often the most difficult and time consuming part of many audit engagements because: 1. Inventory is generally a major item on the balance sheet and often the largest item making up the accounts included in working capital. 2. The need for organizations to have the inventory in diverse locations makes the physical control and counting of the inventory difficult. 3. Inventory takes many different
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common equity section (in millions) of Teweles Technology’s last two year-end balance sheets: 2009 2008 Common stock $2‚000 $1‚000 Retained earnings 2‚000 2‚340 Total common equity $4‚000 $3‚340 Teweles has never paid a dividend to its common stockholders. Which of the following statements is CORRECT? Answer The company’s net income in 2009
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