auditor should either propose an audit adjustment so that the unadjusted statement amount is less than materiality‚ and/or perform more testing to obtain a better estimate of the population misstatements. The additional testing will likely focus on receivables and inventory because they have the largest estimated misstatements. 9-28 a. The following terms are audit planning decisions requiring professional judgment: Preliminary judgment about materiality Control risk Risk of fraud Planned detection
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services that are provided by certified public accountants (CPAs). Two types: Increase reliability of information Putting information into a form or context that facilitates decision making. Types of Services Assurance Services Attestation Services Example: Audits of Financial Statements‚ Examinations of Internal Control Other Assurance Services Example: CPA ElderCare Prime Plus Services NonAssurance Services Tax Services Management Consulting Services Other Notes: Reliability reduces
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Professional and ethical issues c a S eS inc lu de d in t hiS Se ction 3 . . . . . . . . . . . . . . . . 3.1 A Day in the Life of Brent Dorsey Staff Auditor Professional Pressures 59 63 65 71 79 3.2 Nathan Johnson’s Rental Car Reimbursement Solving Ethical Dilemmas–Should He Pocket the Cash? Recognizing It’s a Fraud and Evaluating What to Do . . . . . . 3.3 The Anonymous Caller 3.4 WorldCom The Story of a Whistleblower . . . . . . . . . . . . . . . . . . . . . . . .
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Did you ever stop to wonder what sets apart the really successful students from the average ones? Why do some students who appear to study all the time just get by‚ while others who don’t appear to put in as much time and effort do well? Is it all related to IQ or are some other factors involved? The truth is that success in school is not so much determined by sheer intelligence as knowing how to study. Studying is a skill. Being successful in school requires a high level of study skills. Students
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Why women control men. "Men have been trained and conditioned by women‚ not unlike the way Pavlov conditioned his dogs‚ into becoming their slaves. As compensation for their labors men are given periodic use of a woman ’s vagina." Young boys are encouraged to be sexually uninhibited and associate their masculinity with their ability to be sexually intimate with a woman. Young girls however are raised to be sexually inhibited‚ and trained to believe that their self-image is negatively affected
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New York Times best selling author‚ radio host‚ and Fox News contributor‚ Tammy Bruce‚ wrote an article called “Why Gun Control Won’t End Mass Murders.” Bruce’s purpose is to inform readers that gun control laws are not going to stop murders from occurring. She adopts a grim tone in order to get her readers to think about why the gun laws are the way they are. For years the government has been trying to enforce gun laws and yet murders rates are not decreasing. Some points Bruce addresses include
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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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many times have you heard that? Probably hundreds right? How often do you take time out to work on your business model? A flawed business model has a number of issues including: Not Sustainable If your basic business model is flawed then you will not be able to sustain your business for long. You will find yourself working harder and harder while you burn yourself out. A flawed business model has a limited
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the law. The Freedom Riders knew that they were going to provoke violence‚ but felt that it was worth it. Some people felt very strong about taking action to try and have everyone treated as equals. Some people didn’t feel this way. The ones who did chose to step out and put their own lives at risk to try to make a difference. There started out as only thirteen Freedom Riders. There came to be over four hundred that got on the buses‚ planes and trains between May and November of 1961. The Freedom
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STOP Please! Save a life by stopping. What is the cost of a life? A few extra seconds to stop? Stopping is well worth human life. I am proposing that a stop be installed at the intersection of Highway 43 and Sharon Road‚ Madison County‚ Mississippi. A STOP sign is inexpensive‚ and can greatly reduce the number of accidents and deaths at that intersection. On January 22‚ 2011‚ Felicia Harris was on her way home from work. She was driving East on Highway 43 approaching the intersection of Highway
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