Q2: Accounting issues In 2001‚ Harris Scarfe’s suppliers and customers‚ and even a large number of the company’s staff‚ were shocked when the thriving business was suddenly faced with cash-flow problems. The company made headlines in South Australia when concerned suppliers‚ from whom Harris Scarfe had purchased large amounts of stock on credit‚ entered the flagship store in Rundle Mall‚ and began retrieving their stock directly from the shelves‚ before shocked staff and customers. The company
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sex‚ many people think that dressing too sexy can be a bad thing. In the past dressing sexy for a girl was just putting on a pair of heels or adding a shiny accessory. Today the whole meaning of the word sexy has changed. There is a very big double standard when it comes to being sexy. Girls who dress too sexy are looked down upon. This is because they have an easy look to them. However‚ when a guy dresses sexy they are uplifted. The reason for this is because guys always want to look like “the man
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However‚ even at this early stage‚ there is emerging evidence that the Internet provides a variety of valuable aids to education. Secondly‚ the Internet provides up-to-date information on a variety of classroom-related topics unavailable from other sources. The content of textbook‚ library‚ and teacher knowledge is enhanced by this new medium. Computer networks are increasingly serving as an aid to communication and to the storage and retrieval of information. In that sense‚ the Internet can
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Control Your Own Life The theme of Gilman’s “The Yellow Wallpaper” is what can happen when one let someone else control his or hers life. In the story‚ the wife becomes mentally ill because she lets her husband control her life and as the story progresses the reader can see that her condition worsens because she does not think for herself. The story shows how the wife writes about her and her husband‚ John‚ in the journal‚ her imaginations in the yellow wallpaper and on people‚ and the moment she
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materiality‚ audit risk (the relationship between inherent risk (IR) control risk (CR) and detection risk (DR)) as well as the control environment. After that the implication of develop an audit strategy and whether it is effectiveness or not and the limitation should be considered as well. At the end we need to evaluate the audit strategies. Audit strategy is the determination of the amount spent on testing the client’s internal controls and conducting detailed testing of transactions and account balances
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Standard 1 Understand Your Role Question 1 Understand your own role The element/s below are the main themes incorporated in my job description and role [ ] Assisting individuals in developing their skills‚ facilitating access and enrolment in further education/community education‚ college course and assisting individual to maintain and develop a range of relationships within the community including friends‚ neighbours and other social contact. [ ] Pursuing the individual’s desire for paid or unpaid
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-Increase reliability of information -Putting information into a form or context that facilitates decision making Types of Services Assurance Services -Attestation Services Example: Audits of Financial Statements‚ Examinations of Internal Control -Other Assurance Services Example: CPA ElderCare Prime Plus Services Non Assurance Services -Tax Services -Management Consulting Services -Other Attestation Services -to attest to information means to provide assurance as to its reliability
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Ethics Auditing: Identify the benefits and limits of ethics auditing. Is there a strategic role that ethics auditing may play in a company? Ethics Auditing By definition‚ an ethics audit is a “systematic evaluation of an organization’s ethics program and/or performance to determine its effectiveness.” (1) This concept of ethics auditing is fairly new and few companies have conducted an ethics audit. However‚ performing such audits will likely become more mainstream as recent legislation encourages
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The Alchemist “A Fable About Following Your Dreams” (by:Paulo Coelho) “Every few decades a book is published which changes the lives of its readers forever‚ Alchemist is one of them.”The whole novel is about the fact that when you wish for something‚ all the universe conspires in helping you to achieve it. This is the core of the novel’s philosophy and a motif that plays all throughout Paulo Coelho’s writing in "The Alchemist". "In order to get success you must follow the signs. God inscribed
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Q: “Auditing begins where accounting ends. State points of difference between accounting and auditing? “Auditing begins where accounting ends” Accounting is a process of maintaining business records. Joint stock companies are required by law to maintain proper record of business transactions. Maintaining books of accounts and preparing financial statement is a prime responsibility of directors. The shareholders are ambitious to see that their investment is safe. It is therefore imperative
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