Vaccines can be something that completely change the future in a way that is beneficial to the world. Some children are too young to be able to be shielded by vaccination and some are not able to vaccinate because of diseases and allergies. Although it is very important that other kids vaccinate and are fully immunized. With this‚ it protects others from the spread of the disease ("Five Important Reasons to Vaccinate Your Child." Vaccines.gov‚). The biggest argument keeping vaccines super important
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Martin Townsend | 1204260 Picnic Audit ADV231 Social Media 20.01.2014 Word Count: 2331 Martin Townsend | 1204260 Picnic Audit | ADV231Social Media | 20.01.2014 It is easy for branded businesses to get social media interaction‚ with their loyal customers‚ which they
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WHAT IS THE ROLE OF ETHICS IN MANAGEMENT? Ethical management refers to corporate management that not only fulfills economic goals and legal responsibilities‚ but also meets the ethical expectations imposed by social norms in conducting business. There are 5 specific functional areas of management which is covered by business ethics : 1) Ethical management in the workplace. Ethical management is the foundation of CSR (voluntary activities undertaken by a company to operate in an economic‚ social and
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members H and W. During the audit of accounts for the year ended 31st March 2000‚ you as a auditor find that : a) H‚ who is incharge of purchases has introduced fictitious purchase bills of Rs 50 lakhs. b) W‚ who is incharge of sales has sold goods worth Rs 1 crore without bringing the same in the books of accounts. You raise the matter with H and W in their capacity as directors. They contest that as this is a position known to them and within their own fold‚ you should not report the same under the
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Operational Audit Best Practices A methodology to Conduct Operational Audit in Public Sector Organizations What is Operational Audit? Operational Audit is a methodology for assessing the conformity of implementing the procedures and methodologies set forth in the department’s instructions‚ regulations or documents. Operational audit is performed by specialized auditors. Upon completion of the auditing process‚ a report of findings with recommendations is submitted. Operational audit contributes to
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Audit Process Typically an audit flows through a series of logical steps culminating in the ‘Audit Report’. Background Research Preparation of the Audit Plan Accounting Systems review Internal Control System review Substantive Testing Analytical review techniques Analytical review of financial statements Preparation and signing of the Audit Report Background Research 1. Present condition and future prospects for the industry 2. History‚ present and future prospects
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Comparing and Contrasting Harvard Framework with Virtue Ethics The main thesis of Dr. Abela’s essay‚ “What is Wrong with Business?‚” is that business ethics has a major deficiency with regards to the method by which it is discussed and taught. Moreover‚ not only it is the case that business ethics suffers from just one deficiency‚ but in fact three. This thesis can be contrasted and compared with the “Ethics: A Basic Framework” (hereafter “Harvard Framework”)‚ where the author chastises management
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business opportunities that prey on people who are desperate for a better way. This is not the way to please people or God. Christian business ethics must include honesty‚ fairness and treating others with kindness and respect. I believe these are the basics‚ but if we really want to run our businesses on Biblical principles‚ we should go beyond the basics. What about outstanding customer service and turning the other cheek when someone is nasty to us? Running our businesses based on Christian standards
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Overview of Audit Closure & Reporting The audit report should serve the fundamental purpose of informing‚ persuading‚ & getting the desired improvements implemented. ◆ Inform the audience with required background‚ evidence‚ and conclusions of the issues. ◆ Persuade the audience on the impact of risks & concerns on the business in case adequate mitigation / control measures are not implemented. ◆ Obtain feedback from the management in the form of agreed corrective action plan with target
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Question: Define audit and accounting risk‚ give 3 specific example of each type of risk and explain why they are called audit and accounting risk. * Accounting risk is the risk that errors associated with forecasts used in GAAP accounting estimates are not properly disclosed. Accounting risk is primarily the responsibility of accounting standards. It is dealt with only indirectly in accounting standards. For example: * Bad debts on loans had an historic rate of 1% of outstanding loans
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