control risks that have an impact on the financial reporting framework in an organization. Q2 (a) Outline four audit procedures you would carry out to verify the following items: i. Leased property ii. Goodwill (b) Makau and Associates‚ an accounting firm‚ are the auditors of Eastview Petroleum Ltd. For the year ended 31 December 2012. You are a member of the audit team and the following information relates to the client: 1. The company has six petrol stations located in different parts of
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When it accompanies the law‚ equity‚ and request to legitimize somebody’s passing; there is dependably a man who is the one to cause the demise‚ for this situation‚ Gatsby is the person who kicks the bucket. In any case‚ his demise was left unverifiable in light of the fact that it’s dubious on who caused his passing. In The Incomparable Gatsby‚ by Scott Fitzgerald‚ the passing of Gatsby and the obligation that lead up till his end is because of Gatsby’s entanglement in his fantasy world‚ Daisy’s
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Throughout the mid-eighteenth century‚ hostility between the Americans and British rapidly increased due to the change and development that was occurring both in Britain and in the colonies. The imposition of the Stamp and Sugar Acts hurt both consumers and merchants‚ and was viewed by radical colonists such as Patrick Henry as‚ "a manifest Tendency to Destroy American freedom" (Henretta 138). When colonists showed resistance to the laws‚ the British passed the Quartering Act‚ allowing British soldiers
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and Africans began exploring this new world‚ there were a multitude of new plants‚ animals‚ and germs which were exchanged. This exchange caused massive devastation for the Native Americans as these natives had no antibodies to the diseases brought over by the Europeans and Africans. Along with this exchange came new cultural influences and disastrous outcomes. Also as the Europeans and Africans began to invade the Native American territory‚ major environmental changes began to take place. The Atlantic
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What Caused the Great Depression? The Great Depression‚ one of the most significant events in American history‚ occurred immediately after a time of great prosperity in the US‚ The Roaring Twenties‚ and was caused by a number of factors. Immediately following WWI the US economy began to experience a boom in growth and production. Most of Europe‚ the former capital of world commerce‚ was destroyed as a result of WWI which made the US the biggest exporter of goods on the planet. With the US now
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started‚ yet is a factor in how it was caused. The idea of slavery fueled political and social relations between the North and South during the 1850s. Acts‚ such as the Fugitive Slave Act‚ hampered the sentiment towards the South‚ while the antislavery and abolition movement coalesced Southern opinion against the North. However‚ the feud between the North and South in attempts to gain power over the other‚ and the South’s eventual loss‚ is what primarily caused the Civil War. The political struggles
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The lost of life is always a tragedy in our history and even worse is the lost of life during a genocide. Many know about the Holocaust and the six million Jews that were killed because the Nazis’ thought that they were a superior race to the Jews‚ but another genocide is the Bosnian Genocide. The Bosnian Genocide was a tragic time period where the attackers the Bosnian Serbs killed thousands of Bosnian Muslims that lived in Siberia. The Serbs thought that they were a superior race and that the Bosnian
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AUDITING IN A CIS ENVORONMENT With the introduction of computers‚ conventional accounting systems and methods using papers‚ pens and abacuses have undergone drastic changes‚ therefore exerting a great impact on internal control and audit trails in following audit procedures. Also‚ the introduction of computer has brought an immense increase in the availability of electronic resources. My topic is entitled auditing in a Computerized Information System (CIS). One purpose why this topic is included
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Process Of Auditing‚Auditing Vs Investigation INTRODUCTION: Introduction to auditing: Economic decisions in every society must be based upon the information available at the time the decision is made. For example‚ the decision of a bank to make a loan to a business is based upon previous financial relationships with that business‚ the financial condition of the company as reflected by its financial statements and other factors.As a result the bank has lost both the principal and the interest
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What Caused the Civil War? In April 1861‚ the United States of America went to war. They did not go to war with a foreign power‚ because of a border dispute‚ and they did not go to war with the native people because of their hunger for more land. No‚ this would be a war among themselves‚ north against south‚ brother against brother‚ and in some instances even father against son. In the four long and bloody years that this war lasted more than 600‚000 of these brothers‚ fathers‚ and sons would
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