is it important for external auditor to be independent? Throughout the years‚ banks‚ shareholders‚ possible investors and creditors always relied on the financial statements produced by a company. Since the management of a company is producing these documents it has been assumed that the managers may act dishonestly so that their performance looks better. To monitor the company’s performance better the directors along with the shareholders employ external auditors to check all these financial
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CHAPTER 6 ASSET-LIABILITY MANAGEMENT: DETERMINING AND MEASURING INTEREST RATES AND CONTROLLING INTEREST-SENSITIVE AND DURATION GAPS Goals of This Chapter: The purpose of this chapter is to explore the options bankers have today for dealing with risk – especially the risk of loss due to changing interest rates – and to see how a bank’s management can coordinate the management of its assets with the management of its liabilities in order to achieve the institution’s goals. Key Topic In This Chapter
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professional auditors in Uganda Auditing is the independent examination of financial statements and the underlying books of account so as to form an opinion on whether they are prepared in all material aspects in accordance with the financial reporting framework. Such reporting framework includes International Accounting Standards (IAS)‚ the Companies Act Cap 110 (for Uganda) and any other relevant legislation. This is however carried out by a person termed as auditor. Internal Audit‚ Internal audit
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What are the legal‚ ethical and professionals implications of this case? Throughout a nurse ’s career they have to consider the legal‚ ethical and professional implications of every action they do. The people that will be named in this assignment have been given a pseudonym‚ to protect their identity in accordance with the section 5 of the Nursing Midwifery Council Code of Professional Conduct (2002). I will also reflect on my essay using Gibbs (1988) theory of reflection. To be able to address
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legislation‚ Government of India Act of 1919. The Government of India Act of 1919 incorporated the idea of a dual form of government referred as diarchy‚ for the major provinces. The Act involved a complex set of instructions. An example can be set as the provincial legislative council of each major province was instructed to monitor the activities of provincial ministers. The Government of India Act of 1919 also stated that a High Commissioner who resided in London and would represent
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Implications for the Future Paper In 1996‚ Paramount pictures made a movie called “A Civil Action” from one of the best-selling books by Jonathan Harr. The author depicts the real-life incidence where water played a factor of life and death in this small town of Woburn‚ Massachusetts. The premise of the movie starts with one child being diagnosed with a rare disease known as leukemia. Then more and more people to include the children were getting diagnosed with leukemia. One of the mothers decides
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STUDY ON ASSET LIABILITY MANAGEMENT IN BANKS ABSTRACT: In banking‚ ASSET AND LIABILITY MANAGEMENT (often abbreviated ALM) is the practice of managing risks that arise due to mismatches between the assets and liabilities (debts and assets) of the bank. This can also be seen in insurance. Asset liability management (ALM) is a strategic management tool to manage interest rate risk and liquidity risk faced by banks‚ other financial services companies and corporations. Asset-liability management basically
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| | |Ann Inc.: Audit Risk Analysis | | | |
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The Implications Of Divorce On Children Under The Age of 18 Karen Ann Johnson Liberty University Abstract Divorce on children who are under the age of 18 can cause devasting results. Some children feel as though they are caught in between the love they have for both of their parents. As children are growing up‚ they experience many different emotions but when it comes to the experiences of divorce‚ a child feels as though it
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Because of gender equality‚ incest and/or rape‚ economical factors‚ and the fact that abortion affects women disproportionately‚ abortions should not be banned. According to all of ethical belief and basic rights of a women to choose for herself as to whether she want the obligation of being a parent should be her choice. While it cannot be said whether an abortion is an unforgivable event‚ it is of course an unforgettable event. An abortion plays havoc with the psychology and the
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