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
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1 Chapter 7: Audit Evidence I. Definition: Evidence – information used by the auditor to draw conclusions on the fair presentation of the financial statements. Audit objectives suggest the types of evidence to accumulate. II. Decisions on evidence accumulation A. Which audit procedures to use. General Objectives: Six TRAOs Eight BRAOs Four PDAOs Accounting Cycles: Five Management Assertions Specific Objectives: At least: Six TRAOs Eight BRAOs Four PDAOs Audit Procedures: At least one
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CHAPTER 20 Audit of Cash Balances Copyright 2003 Pearson Education Canada Inc. 20 - 1 What are the auditor’s primary concerns with regard to cash? Copyright 2003 Pearson Education Canada Inc. 20 - 2 What are the auditor’s primary concerns with regard to cash? - existence Copyright 2003 Pearson Education Canada Inc. 20 - 3 What are the auditor’s primary concerns with regard to cash? - existence - completeness Copyright 2003 Pearson Education Canada Inc
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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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Résumé Template This document is intended to provide applicants‚ who have little or no experience in writing résumés‚ with some tips to help you prepare a résumé to include with your application to University Canada West. The résumé is a detailed chronological account of your education background‚ work experience‚ and other related experience. There are many résumé templates and samples available on the internet. This is only one sample résumé format. Choose the format that best meets your needs
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Page number Executive summary 4 Introduction 5 Audit in brief: 6 History of auditing profession in Bangladesh 6-10 Ending summary 10-11 conclusion 11 Executive summary: The development of auditing profession in an emerging economy Bangladesh is analyzed here. This report aims to discuss the historical background and evolution of auditing. It is found that auditing has evolved through a number of stages. In the mid 1800s to early 1900s‚ the audit practice was considered as traditional conformance
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My speaking template = 28 ________________________________________ So ‚I will share my speaking templates with you. It brought me 28 on the speaking section . Question 1 : If you had the opportunity to travel abroad‚which place would you choose ? Answer : If I had the opportunity ’’to travel abroad’’ ‚ I would definitely choose to visit [Barcelona] for a variety of reasons .Firstly ‚it is very nice city‚located on the Meditarenian .The climate is perfect‚the people are nice ‚and the life
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now briefly look at two techniques for finding objects in images. First‚ we look at segmentation of a given image into a small number of regions based on a distance threshold. Then we look at a matched filtering approach to detecting objects‚ called template matching. Object Segmentation We can extend the region-growing algorithm to detect objects in color images. The basic algorithm must be modified to compute distance on the YUV or Lab coordinates. In addition‚ a raster scan of the pixels can detect
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COMPARATIVE ESSAY OUTLINE TEMPLATE INTRODUCTION The text______________________________________ by _________________________ and the text ______________________________________ by ________________________________ deal with the main idea/topic of __________________________________________________________________. The authors want to prove (thesis: problem or question student wants to investigate and answer to the question or solution to the problem). The authors explore (subtopics) __________________
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o i solutions limited Innovation Audit See the gaps in your innovation and develop plans for new products‚ services‚ processes and cost savings. Below is a summary of the Audit we recommend and can conduct. The full Audit varies dependent upon the organisation. Key Issues There are hard and soft factors that will determine how innovative an organisation is. Those key factors: • CEO and Board Commitment • A Learning Organisation ie being open‚ adaptive and forward thinking • A culture that encourages
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