of inventory. Account affected would be cost of goods sold and inventory. 3. Related party transaction that could be material to the transaction valuation and needs to be disclosed as a related party transaction. Accounts affected would be equipment. 4. Employees performing work during idle time to save costs is a non-routine transaction that may end in materials‚ labor and overhead being incorrectly used on accounts. Account affected would be inventory‚ cost of goods sold. 5. Outstanding receivable
Premium Finance Audit Risk
RIGHTS AND RESPONSIBILITIES OF AN ENGINEER Engineers apply theories and principles of science and mathematics to research and develop economical solutions to technical problems. Engineers in each branch have a base of knowledge and training that can be applied in many fields. They have many rights and responsibilities Engineers have the distinct responsibility to maintain a steadfast ethical footing to ensure that each and every task is carried out with responsibly
Premium Morality Natural environment Business ethics
Security Incidents Computer Forensics Computer Forensics 641 11/1/2012 • Abstract In this document‚ the importance of security incidents is expressed as a high priority for any business that may possess valuable information. Computer networks are attacked more now than they have before‚ and in large numbers. There is a high demand for security within Information Technology to ensure that businesses‚ as well as their clients‚ do not
Premium Security Computer security Security engineering
A reflective account of an incident in practice related to the code of professional conduct The purpose of this essay is to critically examine an incident from recent practice whilst using a model of reflection. This will enable me to analyse and make sense of the incident and draw conclusions concerning personal learning outcomes. The meaning of critical analysis and critical incidents will briefly be discussed followed by the process of reflection. The incident will then be described and analysed
Premium Nursing Nurse
A critical incident is an incident which has prompted reflection of the actions undertaken by all involved and being critical of those actions to learn and improve practice” (Perry‚ 1997‚ cited by Elliott 2004). Therefore‚ a critical incident is very much personal to each individual and requires critical thinking skills and utilise those skills for the ability to reflect to decide the best outcome (Norris and Ennis‚ 1989 cited by Fisher‚ 2011). When applying critical thinking‚ we should take consideration
Premium Nursing Patient Health care
Amy Hemphill Ch 3 & 4‚ week 2 Acct 403 3-25 (a-c) The following questions concern audit reports other than unqualified audit reports with standard wording. Chose the best reponse. A) The annual audit of Midwestern Manufacturing revealed that sales were accidentally being recorded as revenue when the goods were ordered‚ instead of when they were shipped. Assuming the amount in question is material and the client is unwilling to correct the error‚ the CPA should issue: 1. An unqualified opinion or
Premium Auditor's report Auditing Audit
INCIDENT OF EXPLOSION OF ELECTRICAL WORKSHOP’S 3.3kV TRANSFORMER AT INSTEP Date: 2nd May 2012 Time: 03.40 p.m. Place: Electrical Trade Workshop Summary On 2nd May 2012‚ Electrical Trade power transformer was exploded and causes a minor injury to 4 students from the trade. The Fire Department from Kuala Terengganu had cleared the area and 2 specialists from Tenaga Nasional Berhad had come for further investigation. The Head of Department from Human‚ Safety and Health had been informed. Description
Premium Injury Alternating current
Engineering is not science. Engineers generally don’t "do" science. Science is about discovering the natural. Engineering is creating the artificial. The critical roles of engineering in addressing the large-scale pressing challenges facing our societies worldwide are widely recognized. Such large-scale challenges include access to affordable health care; tackling the coupled issues of energy‚ transportation and climate change; providing more equitable access to information for our populations; clean
Premium Engineering Professional Engineer
Ateneo Graduate School of Business MBA Standard Financial Accounting TEAM DAVAO Group Members: Martha Herrera‚ Katrina Ortega‚ Chris Almeda‚ Gil Fernandez Presentation for Case 4-1 CASE PC Depot was a small retail store for personal computers and hand-held calculators‚ selling several national brands in each product line. The store was opened in early September by Barbara Thompson‚ a young woman previously employed in direct computer sales for a national firm specializing in business computers
Premium Balance sheet Generally Accepted Accounting Principles Liability
Computer Software Engineer Computer software engineers are projected to be one of the fastest growing occupations over the next 10 years. The impact of computers and information technology on our everyday lives has generated a need to design and develop new computer software systems and to incorporate new technologies in a rapidly growing range of applications. Computer software engineers apply the principles and techniques of computer science‚ engineering‚ and mathematical analysis to the design
Premium Computer software Software engineering Computer