the circumstances and opinion expressed by an auditor‚ where he is unable to obtain sufficient audit evidence. 2. Auditors of M/s Santa Banta (P) Ltd. were changed for the accounting year 2010-11. However there was no change in the position of closing stock which remained at ` 400 lacs . The auditors of the company propose to exclude the audit of closing stock of ` 400 lacs from their audit programme on the understanding that it pertains to the preceding year which was audited by another
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Describe the work environment as presented by the industry partner. Being a Chartered Accountant gives one freedom to choose workplaces and workplace cultures. For example‚ work in large public accounting firms are usually compartmentalized‚ with different departments working with the different aspects of a client’s portfolio. The opposite is true for smaller firms‚ where Accountants have more diverse and more general responsibilities compared to those employed by larger firms. Describe the role
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and 4 1. Arthur Anderson’s audit partners’ sole concern was how much revenue could be generated‚ so the employees of Arthur Anderson paid little mind to the quality of the audits they did as long as they were making money. They turned their heads when generally accepted accounting principles were not being followed and hid the fact that Enron’s policies and internal controls were not good enough to protect its shareholders. 3. The prime motivation behind the decisions of Arthur Andersen’s
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1. Control Chart A control chart is a statistical tool that shows whether sampled products or processes are meeting their intended specifications and‚ if not‚ the degree by which they vary from those specifications. It can help determine if defects are occurring randomly or systematically. 2. Check sheet A check sheet is a structured‚ prepared form used for collecting and analyzing data. It can be used when collecting data on the frequency or patterns of events‚ problems‚ defects‚ defect location
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Learn How You And Your Partner Can Save Money Even with the combined income‚ it can still be difficult for couples to make ends meet financially. Then there are those expensive events‚ such as marriage‚ children or even just a vacation that can put a serious strain on finances as well. Financial problems can put a burden on your relationship as well‚ so it is vital that the issue is handled efficiently. Cutting costs and setting aside money can be tricky‚ but there are ways that it can be done.
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Do you think these repetitive stops are reasonable? Why or why not? Repetitive stops are necessary for many reason‚ it helps to disrupt the flow of drugs in transit to the suppliers. The highway patrol must cover a vast area in the war against drugs‚ therefore with repetitive traffic stops‚ as mentioned before will disrupt the flow and will get many more officers involved in the process of suppressing drug activity‚ therefore if the drug are stopped and impounded no drug can be sold on the streets(Murgado
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"What happened at Arthur Anderson" and "Why?" Arthur Andersen‚ who used to be one of the “Big Five” largest accounting firms in the United States‚ strayed away from accepted policies and stuck in a string of accounting scandals‚ finally closed its doors after 90 years of business. The firm’s name was synonymous with trust‚ integrity and ethics during a long period of time‚ however‚ Andersen failed to withstand the pressure from the competition of consulting service. Thus‚ it leaded
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Marketing: The Only Route to Sustained Competitive Advantage Report for the attention of the main board of Andersen Module Title: Marketing Management Ulster Business School University of Ulster Student No: Word Count: 1997 TABLE OF CONTENTS 1. INTRODUCTION 1 2. CURRENT MARKET AND COMPANY POSITION 1 2.1 Overview 1 2.2 Environment and Customer Needs Analysis 1 2.3 SWOT Analysis 2 Strengths 3 Weaknesses 3
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EYMP1 Context and principles for Early Years Provision – parents as partners . |3.1 Explain the partnership model of working with carers. | | | |Parents and teacher have common goal for child and that is constructive development and it matters at all stages of development.
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disadvantages of Human Resources being a strategic business partner giving consideration to the impact of Human resources polices and practices on strategy‚ people and organizational culture. Strategic human resource is considered as a term to describe an integrated approach to the development of human resources strategies within a business‚ which will enable the organization to achieve its goals. (Kramar et al.‚ 1997) It is an approach for making decisions on the intentions and plans of the organization concerning
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