Hoang Thi Thanh Ha – 13200154 Auditing Assignment 2: 1.What are the factors to consider Inherent Risk? Inherent risk is a measure of the auditor’s assessment of the likelihood that there are material misstatements in a segment before considering the effectiveness of internal control. Factors affecting assessment of inherent risk include: Nature of the client’s business : Industry practices Non-routine transactions Makeup of the population Audit experience : Results of previous audits Initial vs
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Auditing Theory 1. A control which relates to all parts of the EDP system is called a(n) a. Systems control c. Applications control b. General control d. Universal control 2. Which of the following is not an output control? a. Proper authorization of transaction b. Control totals c. Check digits d. Adequate documents 3. Should the auditor feel‚ after obtaining an understanding of the EDP internal control structure‚ that
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Norms A norm is a form of behavior‚ a common form of behavior which most people in a society follow. Norms have generally been established over time‚ passed on from generation to generation and adapted to fit the changing social climate. Although norms are based on consensus‚ they are not fixed and unchangeable. Examples of norms in the UK include wearing a seatbelt‚ forming queues in an orderly fashion and being quiet when waiting in a doctor’s surgery. Of course‚ not everyone follows these norms
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Concept and significance of Auditing The word ‘audit’ is derived from the latin word ‘audire’ which means to hear. In the olden times‚ when frauds or errors were suspected as regards receipts and payments in business or to verify tax amount payable to the king‚ explanations would be heard from persons responsible for keeping accounts. Today‚ audit is more than just cash verification. It is reporting about the financial position of an organization as disclosed by the Profit and Loss account
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REVISION LECTURE PAST EXAMS QUESTIONS: These questions are for practice only. They are not at all an indication of the questions on the actual exams. All topics need to be revised from topic 4 onwards for the exam. These questions and possible answers will be discussed during revision lecture. Solution will not be provided on the learning hub. Section A (Short answer) 1. List and briefly explain four factors that contribute to the need for financial report audits. Increasing reliability
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IGCSE Biology 2012 exam revision notes by Samuel Lees Contents: Section I: Characteristics and classification of living organisms 1. Characteristics of living organisms 2. Classification and diversity of living organisms 2.1 Concept and use of a classificatory system 2.2 Adaptations of organisms to their environment 3. Simple Keys Section II: Organisation and maintenance of the organism 1. Cell structure and organisation 2. Levels of organisation 3. Size of specimens 4. Movement in and out
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AUDITING IN THE PUBLIC SECTOR INVOLVES LOOKING AT THINGS OR ACTIVITIES WITH A BIRD EYE VIEW. OMONIYI‚ WAHAB SHINA INTRODUCTION Auditing in the public Sector is an independent examination of ‚ and an expression of an opinion on the financial statements of governments by a duly appointed person(s) in accordance with all relevant statutory obligation. In other words‚ auditing does not concentrate on fraud detection alone‚ but rather‚ to look at the financial and non-financial activities of an
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Ethical Theories Tutorial 3 & 4 Consequentialist Theories 1. How are Egoism and Utilitarianism different? (page 100) 2. Find and finish this sentence “ Following the theory of egoism an action is morally right if the decision-maker freely decides in order to pursue .................................................................................” 3. What is the difference between egoism and selfishness? 4. How is egoism compatible with the concept of corporate social responsibility?
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Majeed Thaika Year 10-11 ------------------------------------------------- Contents 1 Cells…………………………………………………………………….…..pg-05 -Animal and plant cells (pg-05) -Specialised cells (pg-06) -diffusion (pg-07) -osmosis (pg-08) 2 Plants…………………………………………………………..………….pg-09 -photosynthesis (pg-09) -Factors affecting photosynthesis (pg-10) -Plants and minerals (pg-11) 3 Food Chains and Cycles………………………...………………….pg-12 -Food chain (pg-12) -Energy transfer (pg-13) -Pyramids of biomass
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INTO THE WORLD Educating Rita ‘I’m coming in‚ aren’t I?’ this dialogue symbolises Rita struggle entering into the world of education and academic. ‘Great thing about booze makes one believe under all the talk one is actually saying something’. This dialogue conveys Franks struggle with alcoholism which leaves hi‚ with a low self-esteem. ‘might go to France‚ might go to my mother’s‚ might even have a baby’. This Dialogue shows that Rita is finally taking control of her life. ‘Denny found out
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