related party have been properly recorded by a client‚ an auditor should review info that provided by the management regarding the related party transactions. The auditor has to conduct audit procedure to ensure that information provided can be reviewed for completeness. If the availability regarding related party audit evidence is limited‚ the auditor may discuss with the management regarding the transaction amount and term‚ the nature of the relationship of client and related party and inspect the
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AsusTek Computer Inc. commonly known as ASUS is a Taiwanese multinational company which is selling computer and phone hardware and electronics products. The name “ASUS” comes from a Greek mythology word‚ Pegasus which is a winged horse that represents wisdom and knowledge. The name was shortened to "ASUS" in order to appear at the beginning of the sequence corresponding alphabet and objectify the strength to soar to new heights with each new product it creates. ASUS was established in Taipei‚ Taiwan
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Adventurous Computer Games‚ Inc. Part 1. Accounting for the Cost of Software Programs at AdCom Games Adcom games should allocate all costs from the Product Development Support Center‚ as well as the project team labor‚ to the games that are developed. I believe that all costs from the Product Development Support Center (PDSC) should be allocated in order to properly match expenses with revenues. Costs should be allocated on the basis of lines of code written. For example‚ 16% of all code written
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With the proposed Canadian Keystone XL Pipeline in the midst of approval‚ Americans can look forward to the potential of job growth and less dependencies upon foreign imports. The project proposes a 1‚179 mile‚ 36 inch-diameter crude oil pipe. Crude oil a petroleum product is a liquid composed of hydrocarbons‚ organic compounds and small amounts of metal. It is created through the heating and compression of organic materials‚ over a long time period. The pipeline would start in the town of Hardisty
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carrying value of an asset is not recoverable. Per the same standards‚ carrying value is not recoverable “if it exceeds the expected future cash flows to be derived from the asset on an undiscounted basis” (FASB‚ ASC 360-10). In the Property Solutions Inc. case‚ the carrying value of the building on 10/1/2017 was $1‚650‚000 and the expected future cash flows are $1‚214‚940. Per the definition of impairment loss stated above‚ the asset is impaired. In calculating the loss‚ we must compare the carrying
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Malina Stone Mr. Forente Ethics January 15‚ 2013 Keystone XL Pipeline Project Have you ever wondered how toxic sludge is transported from where it was created to where it is disposed of? Well‚ this has become a hot button issue in the White House. Apparently‚ there are enormous pipes buried in ground right now transporting barrels of tar sands oil in America’s mid-west. The purpose of these pipes is to move crude oil from one place to another. Another reason for the Pipelines
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19 VIII. EVALUATION & CONTROL 20 A. CURRENT INFORMATION SYSTEM 20 B. CONTROL MEASURES 20 BIBLIOGRAPHY 21 Strategic Audit of Harley Davidson Inc. I. Current Situation A. Current Performance In 2007‚ GDP ended at 3.1% in America and 2.1% in Eurozone; and is expected to drop further during 2008. According to Jim Ziemer‚ Chief Executive Officer of Harley-Davidson‚ Inc.‚ “these are challenging times in the
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Keystone XL Pipeline The Keystone XL Pipeline system is used for transporting oil from the Athabasca oil sands in Alberta Canada to the United States. There are four different phases of this pipeline. Phases one and two are already complete. The first phase of the pipeline starts at the Keystone Hardisty Terminal in Canada and stops at Wood River and Patoka‚ Illinois‚ and then phase two starts in Steele City‚ Nebraska and stretches down to Cushing‚ Oklahoma. The completed pipeline is over 2000 miles
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A keystone species is defined as one that has a critical role in determining and maintaining the overall relationship of plants and animals within an ecosystem. If a keystone species is removed or declines‚ the nature of the ecosystem will change dramatically. Sea Otters — A Classic Keystone Species The classic tale of a keystone species is that of the sea otter‚ which was once found in abundance along the West Coast of North America. The story goes something like this: 1. European and
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Keystone XL Pipeline: A Risky Venture Introduction to Transportation Management‚ TLMT 311 Table of Contents Introduction 3 Overview of Issue 3-6 Supporters of Keystone XL Pipeline 6-7 Discussion of Opposition to Keystone XL Pipeline 7-8 Conclusion 9 References 10 Throughout history‚ The United States has been much reliant upon oil rich countries for liquid
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