Standards Introduction Self-regulated: the standards governing audits were established by members of the profession themselves Sarbanes-Oxley Acct of 2002 Created: Public Company Accounting Oversight Board (PCAOB) to provide external and independent oversight over the audits of public entities Responsible for registering public accounting firms‚ establishing standards for audit engagements‚ and inspecting the quality of audits conducted by public accounting firms ****Generally Accepted Auditing
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WHAT IS THE ASPECT OF ETHICS WHAT IS ETHICS Ethics has many meaning and is not an easy word to define. I assume everyone wants to live an ethical life‚ but now knowing the aspects of ethics is a learning experience for me! That is where the typical phrase “ethical dilemma” comes from. In some situations‚ there are two contrasting ideas that may seem ethical‚ but at times it is hard to determine which one is actually the right course of action. There is your way and the right way‚ most of the
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has taken a lot of effort in order to reduce the number of smoker such as holding talk ‚poster ‚ and prohibit smoking in certain public place ‚but the effort seem like wasted. In my opinion‚ I agree with the statement that smoking should be prohibited in public area. There are several reason to support my point of view. The smoker have their right to smoke. Unfortunately‚ they always like to smoke at the wrong places. They have their cigarette without caring about the others. Some of them even
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DeLL Inc. | Strategic Audit | MAN 4720 – Strategic Management | | Group 7 | 3/31/2012 | Dell‚ Inc. Dell‚ Inc. is an American multinational computer technology corporation based in Texas‚ United States. The company develops‚ sells‚ and supports computers and related products and services. Dell Inc. is one of the largest technological corporations in the world‚ employing more than 103‚300 people worldwide. Dell is listed at number 41 in the Fortune 500 list (2011). It is the third largest
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piece‚ I was quite saddened by the fact that the Professor needs to ask questions of what might happen if you do something like this or that. It’s sad because a person during this modern era‚ needs to be threatened of the consequence of their action instead of realizing what is right or wrong from the very start. In my very young career‚ I have come face to face with different situations which could destroy my ethics‚ very tempting offers wherein I can earn quite a large sum. “May 1‚000php per trip
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cause‚ and the purposes of universe. Some people said that ethics and morality are comes from religions because‚ religions can guide human being to do ethical things and provide as most as powerful sanction to ensure people are behave morally. According to theist‚ human being cannot manage well without God and without God‚ there cannot be right and wrong. But‚ it is different from the view of atheist. They do not believe in God and religion. What guides them in doing moral and ethical behavior is because
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goods then buyers could consume. Marketing concept era is the idea that an organization should strive to stastify the needs of the consumers while also trying to achieve organization goals. Customer relationship era in which firs seel contionusly to satisfy the high exacptions of the customers. Current trends (relationship marketing‚ green marketing‚ societal marketing‚ etc.). the view that an oragantion should discover and satisy the needs of the consumers in a way that also provides for society
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Referring to have been stated above‚ the selected company was a small sized entity and therefore‚ the processes under its inventory cycle was not complex like those in retailers as well as manufacturers. Figure 1.1 Inventory cycle with shaded area for activities related to MFRS Principally‚ the fundamental issue in accounting for inventories is to define the amount to be recognized as asset as well as amount to be charged as expenses in contrast to associated revenue. Therefore‚ FRS 102 Inventories
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SEMESTER 1‚ 2013 SEMINAR 9 - PROBLEM QUESTIONS PROBLEM 9.1 While assessing the risk of material misstatement and determining the appropriate response with regard to the inventory of Ace Computers Ltd (Ace) for the year ended 30 June 2011 audit‚ you become aware of the following information: 1. The best-selling computer presentation package has been experiencing a high level of returns owing to suspected software problems. 2. Based on closing inventory‚ inventory turned over
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BA (HONS) ACCOUNTING & FINANCE BA (HONS) PROFESSIONAL ACCOUNTING PROFESSIONAL ACCOUNTANCY COURSE YEAR 3 AUDIT & ASSURANCE 1 INDIVIDUAL ASSIGNMENT BRIEF HAND OUT DATE: 5th October 2011 HAND IN DATE: INSTRUCTIONS FOR COURSEWORK You are required to research and prepare a report based on one of the following topics. Please seek the assistance of the module leader Ivor Pingue and your seminar tutors for help and guidance with your coursework. Do not leave the research too late
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