1. Should auditors insist that their clients accept all proposed audit adjustments‚ even those that have an “immaterial” effect on the given financial statements? Defend your answer. The auditors should not insist that their clients accept all proposed audit adjustments. The auditor’s main duty is to provide reasonable assurance to verify the accuracy and compliance of client’s financial statements‚ to ensure that it conveys data and information of events occurred within the accounting period
Premium Financial audit Audit Auditing
p IB DIPLOMA PROGRAMME PROGRAMME DU DIPLÔME DU BI PROGRAMA DEL DIPLOMA DEL BI Chemistry Higher level and standard level Specimen paper 1s‚ 2s and 3s For first examinations in 2009 CONTENTS Chemistry higher level paper 1 specimen paper Chemistry higher level paper 1 specimen markscheme Chemistry higher level paper 2 specimen paper Chemistry higher level paper 2 specimen markscheme Chemistry higher level paper 3 specimen paper Chemistry higher level paper 3 specimen markscheme
Premium Enthalpy Hydrochloric acid Chemical reaction
CASE: MAKING NORWICH TOOLS LATHE INVESTMENT DECISIONS PAR T A: PAYBACK PERIOD years cash flows 0 1 2 3 4 5 (660‚000) 128‚000 182‚000 166‚000 168‚000 450‚000 PBPA LATHE A cumulative cash flows cash flows LATHE B cumulative cash flows 128‚000 310‚000 476‚000 644‚000 1‚094‚000 (360‚000) 88‚000 120‚000 96‚000 86‚000 207‚000 88‚000 208‚000 304‚000 390‚000 597‚000 4.04 PBPB 3.65 ACCEPTABILTY OF EACH PROJECT: Lathe A will be
Premium Net present value
provides explicit guidelines for the treatment of software development costs that required capitalization once technological feasibility was established. Microsoft’s determination that the standard did not “materially affect the Company” likely rested on one of two lines of reasoning. First‚ the point at which the company determined the technological feasibility of their products may have been sufficiently late in the development process as to make the amount of software costs eligible for capitalization
Premium Generally Accepted Accounting Principles Income statement
Case study #2- Mark Cuban * I looked up Mr. Cuban under that textbooks information and one other sites and asked my friend what she thought about him while she found information other places and much to my surprise she found not one good thing to say about this man while i found him to be determined supportive and coach worthy for something he loved while running a billion dollar business. I guess who you get your information from is what will sculpt your first impression of somebody.
Premium Cuba United States Fidel Castro
Case Study Presenting a case to a teacher is same as presenting it in front of a jury. You need to have structured and solid arguments to convince the jury (teacher‚ in your case) and prove your point. If you are an excellent lawyer‚ you can even convince the jury that your defendant is not guilty even if he is (not ethical‚ of course). The bottom line is: you need to structure your case analysis. Although every case analysis more or less follows the same pattern; there is a slight variation depending
Premium Case study Problem solving
verbal communication is the way you communicate with your clients‚ so ‘practice makes perfect.’ How to use this template 1. Read through the entire document carefully – in particular‚ spend time on the Terms & Conditions as they reflect only one way of working. You need to think about your preferred working style and add/delete/change clauses to suit. Work in conjunction with a solicitor when you do this. Instruct them to stick to ‘plain English’ so that you can explain the clauses to your
Premium Cost Costs
for Case Study 3.2: The New Boss and Communication: 1. Chapter 1 discusses the term "knowledgeable employee." Define the term and explain why or why not the term applies to Lynn and Mark. Use specific examples. A knowledgeable employee is a person who understands the working environment and understands how to be a valuable asset to his or her organization. When it comes to Lynn and mark I think it applies to Lynn because she was making and effort to communicate. On the other hand Mark was
Premium Management Employment Human resource management
Solution to Case 01 Financial Analysis and Forecasting Growing Pains Questions 1. Since this is the first time Jim and Mason will be conducting a financial forecast for Oats’ R’ Us‚ how do you think they should proceed? Which approaches or models can they use? What are the assumptions necessary for utilizing each model? Jim and Mason should begin their planning with a reasonable sales forecast. The sales forecast ought to be based on clearly stated assumptions about future economic
Premium Balance sheet Revenue Financial ratios
Answer 1. SWOT analysis of The Fashion Channel The Fashion Channel (TFC) is a 24*7 cable TV network which is exclusively dedicated to fashion. It was found in 1996 and since then it has been witnessing continuous upswing. According to an annual demographic survey‚ TFC is having approximately 110 million subscribers of cable & satellite television. But‚ due to increasing competition with other fashion channels‚ it is in the need for developing a modern and updated brand strategy. SWOT analysis
Premium Marketing Advertising