...Lecture 5 Audit of the Sales and Collection Cycle Summary of the Audit Process Phase 1 Plan and design an audit approach 1. Accept client and perform initial planning 2. Understand client’s business and industry 3. Assess client business risk 4. Perform preliminary analytical procedures 5. Set materiality & assess acceptable audit risk and inherent risk 6. Understand internal control and assess control risk 7. Gather information to assess fraud risk 8. Develop overall audit plan and audit program Phase 2 Perform tests of controls & substantive tests of transactions Plan to reduce assessed level of control risk? No Yes Phase 3 Perform analytical procedures and tests of details of balances 1. Perform analytical procedures 2. Perform tests 3. Perform additional tests of details of balances Phase 4 Complete the audit & issue an audit report 1. Perform tests for presentation & disclosure 2. Accumulate final evidence 3. Evaluate results 4. Issue Audit Report 5. Communicate with audit committee & management 1. Perform test of controls 2. Perform substantive tests of transactions 3. Assess likelihood of misstatements in financial statements Accounts in the Sales and Collection Cycle 14-3 Sales and Sales returns Transaction 4 Accounts Sales Accounts receivable Business Functions Processing customer orders Granting credit Shipping goods Billing customers and recording sales Documents & Records Customer order Sales order Customer or sales order Shipping...
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...Hardware and software COMPUTERS 1 Computers ENIAC – 1950 2 What is a computer? A data processing device designed to: } input … } data (e.g. mp3 3ile) } software (e.g., iTunes) } process data by applying software } output results } store data / program / results between uses Apple II – 1977 3 Computer hardware Storage Nonvolatile Non-portable (hard disk) Portable (e.g. CD) Battery Wall plug RAM (Random Access Memory) Volatile Power Source Mouse Keyboard Tablet Input Microphone Devices Webcam Accelerometer Central Central Processing Processing Units Units (cores) (cores) Monitor Printer Output Plotter Devices Projector Input Processing Output 4 Components of a computer } Hardware } CPU (Central Processor Unit): } I/O devices (Input / Output) } Storage } Power source } Software } Operating System } Applications Is it a computer? Universal computation } A processor with the right software can emulate any other data processing device } E.g., a smartphone can be a music player, translator, calculator, GPS navigator,...
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...How to Find Specific Journal Articles: (by Mark James) This is a step-by-step guide to finding specific research articles that you have been given the complete reference for (e.g. for seminar readings listed on Moodle, or for articles cited in lectures). To find articles when you do not have a full reference for (e.g. when you’re looking for research on a topic/theory/model generally) please refer to the slide “Finding Sources” of the Study Skills slides provided on Moodle. All seminar readings are available to download via the University of Kent library website using the following steps. Example - how to find: Poropat, A.E. (2009). A meta-analytic analysis of the five-factor model of personality and academic performance. Psychological Bulletin, 135 (2), 322-38. Step 1: Go to http://www.kent.ac.uk/library/ - click ‘Search for journals” and enter title of the journal (e.g. Psychological Bulletin) here: Step 2: Click on one of the search results: Some journals are accessible through multiple providers (e.g. PsycARTICLES, Academic Search Complete, Wiley-Blackwell Full Collection), with varying levels of access. Check the date of the article you’re searching for was published and select a provider which holds the journal published that year. Step 3: A new window will pop up, and you will be asked to input your Kent username and password. Once provided you will be taken to the journal providers website. Select the year the reading was published (e.g. 2009)...
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...request, I attended a seminar about the use of PowerPoint in business presentations. You suggested that there might be tips that I would learn that we could share with other staff members, many of whom make presentations that almost always include PowerPoint. The speaker, Gary Dixon, made some very good points on the subject of PowerPoint. There were several points of an important nature that are useful in avoiding what he called a “PowerPoint slumber party.” Our staff members should give consideration to the following: Create first the message, not the slide. Only after preparing the entire script should you think about how to make an illustration of it. You should prepare slides with short lines. Your slides should have only four to six words per line. Short lines act as an encouragement to people to listen to you and not read the slide. Don't put each and every thing on the slide. If you put too much on the slide, your audience will be reading Item C while you are still talking about Item A. As a last and final point, she suggested that presenters think in terms of headlines. What is the main point? What does it mean to the audience? Please let me know whether you want me to elaborate and expand on these presentation techniques subsequent to the next staff meeting. Your Name [Your contact information] * I would change that phrase to as you requested * I would take that phrase out; it’s a redundant phrase....
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...and focuses on academic achievement. As needed, review the Hunt Institute video below (click this link to view the video transcript), which covers the history and development of the CCSS. For this discussion, you will adopt the role of a school leader and create a digital presentation using the software of your choice (e.g., PowerPoint, Present.me, YouTube, Prezi, Jing, SlideRocket, or another program). Your audience for this presentation can be either a school board or a stakeholder directly in the school setting, such as teachers, other staff, or students. If you use software other than PowerPoint, submit notes for each slide as part of your post. If you use PowerPoint, be sure to include notes for each talking point on slides in the notes section for each slide. The presentation needs to be six to eight slides, excluding the title and references slides, and cite at least one scholarly source in addition to the required resources for this week. Ensure that your presentation: • Explains the purpose of CCSS. • Explains how the CCSS are used within a school for teaching and learning. • Justifies why...
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...this issue would be to briefly read over with her the basic guidelines and instructions for creating a PowerPoint presentation, such as how to select a theme, insert data and pictures and anything else I feel she would need to know. I would try to avoid overloading her with anything I think she may not need to deal with at the time. If I have further trouble understanding any issues she has I would suggest that we try to start from the beginning and try to take her through the process step by step and from there figure out the best process for her to create this project. Once we figured out what she wants then I would go back to trying to take her through the basic process of creating a presentation, advising her how to create a slide, edit slides, and how to add in pictures and video’s as well as graphs for her statistics. If we had further issues with her understanding my instructions then I would recommend to the customer to review any online how-to steps for creating a presentation. There are many forms of help available for the customer to review and look at which is sometimes much easier than having someone tell you over the...
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...Plaza, flyers, trainers (for the Bruin plaza day), free snacks, apparel 1. App mock-up 2. Who are partners vs. customers (do we have both?) Updates to presentation: * More photos - high quality (get a shutterstock subscription?) * Facebook, linkedIn, googleplus accounts * Make numbers stand out * Get a logo * Beginning of presentation * Start with photo and no logo and begin to tell story * Then show a number slide that explains a problem that our market faces * Show SpotMe slide - the solution to the above problem and explain what it is * Add citations like 30001 * 1 what does the number 3000 mean, what is the source * put actual website source in appendix * Remove numbers about how much money was invested in health apps * Instead quantify the benefits of using an app like SpotMe i.e. the health benefits and compare that to how much it costs $5 * divvy up bullet points/numbers to different slides * currently there is too much text on the slides * MAKE THE BULLET POINTS MEAN SOMETHING → working out 200% more what does that mean * 53% not 52.8% * remove circle graph * who else is out there? how do we differentiate from them? * price of app $5 which is less than 1% of tuition paid and with this app you change your life * what are our customer acquisition costs? * add citations Good Things That We Have: * Great story/opening! Extras: *...
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...from slide 7 2. from slide 11 3. from slide 30 4. from slide 31 5. slides 48,49 6. from slide 51 7. from slide 51 8. from slide 831. from slide 7 2. from slide 11 3. from slide 30 4. from slide 31 5. slides 48,49 6. from slide 51 7. from slide 51 8. from slide 831. from slide 7 2. from slide 11 3. from slide 30 4. from slide 31 5. slides 48,49 6. from slide 51 7. from slide 51 8. from slide 831. from slide 7 2. from slide 11 3. from slide 30 4. from slide 31 5. slides 48,49 6. from slide 51 7. from slide 51 8. from slide 831. from slide 7 2. from slide 11 3. from slide 30 4. from slide 31 5. slides 48,49 6. from slide 51 7. from slide 51 8. from slide 831. from slide 7 2. from slide 11 3. from slide 30 4. from slide 31 5. slides 48,49 6. from slide 51 7. from slide 51 8. from slide 831. from slide 7 2. from slide 11 3. from slide 30 4. from slide 31 5. slides 48,49 6. from slide 51 7. from slide 51 8. from slide 831. from slide 7 2. from slide 11 3. from slide 30 4. from slide 31 5. slides 48,49 6. from slide 51 7. from slide 51 8. from slide 831. from slide 7 2. from slide 11 3. from slide 30 4. from slide 31 5. slides 48,49 6. from slide 51 7. from slide 51 8. from slide 831. from slide 7 2. from slide 11 3. from slide 30 4. from slide 31 5. slides 48,49 6. from slide 51 7. from slide 51 8. from slide 831. from slide 7 2. from slide 11 3. from slide 30 4. from slide 31 5. slides 48,49 6. from slide 51 ...
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...PLAY A ROLE (investors, etc.) - a speaker presents the group ( one speaker for the introduction and conclusion, one slide dispenser, and experts). - present the company: its activity, the domestic and international markets (diagrams, drawings, illustrations) NB: Slides must be with the logo, and number of the page, easy reading, few information. TRANSITION: Now, “WE ARE GOING” to speak about “KEY ISSUES”. (SPEAKER ALREADY STOOD UP) MOVEMENT, TRANSITION IN-BETWEEN EXPERTS : first speaker go to the right, second speaker arrives by the left (rotate in the direction of clockwise) 2- KEY ISSUES AND SUB ISSUES WITH LINK BETWEEN: TEAM EVALUATION : definition of key issues for sula vineyard case was too late, no subquestion, contextual information is confusion, illegible slide : A | NEW SPEAKER * Main question and sub issues (clear and catchy) ordered according to what is crucial : * STAKES AND FORESSEEN DIFFICULTIES * MAIN ISSUES AND SUB ISSUES : * ORDERED, * with PERSPECTIVE i.e. environnement, stakeholders, chronology. * With CONTEXT : landmarks, limits, incompatibilities, contradictions. * Revealing and showing LINKS BETWEEN THEM (causes and effects; consequences). TRANSITION : we are going to talk about the agenda. 3- PLAN ANNOUNCEMENT * Agenda with meaningful tittles (with speaker for each tittles) SLIDE TRANSITION 4- DIAGNOSIS/ ANALYSIS: TEAM EVALUATION Quantitative/quantitative, ability to generate ideas...
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...(ET) on Monday of Module/Week 1. Each slide must include a title and a slide transition. Add a slide number to each slide, and proofread your slides carefully for errors in spelling and grammar. Remember, overall appearance counts! Name the file Introduction StudentLastName StudentFirstName.pptx Slide 1 – Title slide. Include your name and a recent picture. Select a theme for your presentation. Slide 2 – Information about you. Include the following: * Where you live * A current phone number where you can be reached * Your major * Online or Resident student? Full or part time? * The type of work that you do * Add a shape, clip art, or picture to your slide Slide 3 – Your Family. Create a family tree using the SmartArt Hierarchy layout. Lay the diagram out in such a way that it makes sense for your family. You can show your family of origin or your spouse/children. Show as much or as little detail as is appropriate. Fill in the blocks with names. Add a shape, clip art, or picture to your slide. Slide 4 – Favorite Things. Create a table and display some of your things – hobbies, foods, vacation spots, etc. Add a shape, clip art, or picture to your slide. Slide 5 – Favorite Bible Verse. Choose one verse or short passage that has blessed you. List the reference in your slide and include a sentence or two explaining why you chose this verse. Add a shape, clip art, or picture to your slide. Slide 6 – Integrity. Look up three verses on integrity...
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...SLIDESHOW BIZ (Slide Presentations) Name of FS Student: Thelma Lopezon FS Teacher: I. DC. Reyes Course: BSED Year: IV Resource Teacher: Ms. Melody Mendoza Signature: _____________________ Cooperating School: A.F.G. Bernanardino Memorial Trade School Name of the School Observed: A.F.G. Bernanardino Memorial Trade School | Location of the School:Lias, Marilao, Bulacan | Date of Visit: | Enhancements (Check appropriate box) Graphics Music Hyperlink Animation Voice Narration Others, please Sound effects Stylish fonts Description of appropriate use: Subject: EnglishTopic: Basic parts of Newspaper | Presentation Storyboard: | Slide 1 | Slide 2 | Slide 3 | Slide 4 | Slide 5 | Slide 6 | Slide 7 | Slide 8 | Slide 9 | Slide 10 | Slide 11 | Slide 12 | Signature of Evaluator over Printed Name: | Thelma Lopezon | My Analysis Give at least three benefits of doing a survey of available materials before making your own materials. Explain each. What are the good features of a slide presentation? * Include transitions or effects in the slides to put emphasis on your point, but too many. * Use the same design. * Use special transitions. * Presentation should not be too long. * Use music for the...
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...BIG IDEA PRESENTATION SUGGESTED POWER POINT SLIDES There should be approximately six Power Point slides per presentation. 1) Intro Slide: Business Concept name, Team members’ names (first & last) Date 2) Statement of the Big Idea (simple product description): In as few words as possible, define your product idea (e.g., Wrenchead.com sells auto parts to consumers and professionals over the Internet.) 3) Product Description You can add more detail about your product: F.I.S.T. What differentiates your idea from the competition (e.g., odd-numbered mismatched socks, chauffer service that gets you and your car home safely, ice cream shaped like a hot dog that can be accessorized)? Paint a picture of how and why customers will be attracted to your product. 4) Value Proposition Highlight what benefits your product will bring to the customers, whether they are specific TJX stores or TJX end-use customers or both. How will it increase earnings or cut costs? The critical difference between the Product Description and the Value Proposition is data: “Show me the numbers.” Supply some quantitative data that supports the feasibility of your business. Find facts and figures that show the size of your potential market, their disposable income, the projected growth of a particular market niche, etc. Cite industry analysis, if appropriate. Use a graph or pie chart to highlight the data. For example, in the case of LittleMissMatched, the Value Proposition would focus...
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...least 6 slides. Make the topic of the presentation on how a support desk can communicate effectively with customers. Create a master slide with a logo, footer, and font. Add notes to each slide. Insert a graphic or picture. Implement a background. Place a text box in the title slide with your name. Insert transitions for each slide. Adjust text alignment in the title slide so it is centered. Insert an organizational chart. Read the following scenarios: You are working at a support desk for a company providing onsite and telephone support to customers with Microsoft® PowerPoint® questions. On this particular day, you are presented with the following three situations: Situation 1: Susan, a pharmaceutical representative, must create a presentation about a new drug recently approved by the FDA. She wants to know the main functions of Microsoft® PowerPoint®. Susan’s gathered data includes graphs, videos, and statistics of the new drug. Situation 2: The training department from a local electronics store provides presentations to newly hired employees about the company and its operations. There are four different presentations created by four different people. The training supervisor wants to unify all four presentations into one without manually manipulating each slide. Situation 3: Tim, a college sophomore, is having trouble with a Microsoft® PowerPoint® presentation he e-mailed to himself from the library’s computer. When he executes the presentation, the slides change...
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...me explain the strategies. First step is the professors must log-in first and make quizzes in their presentation. They can log-in through google account or make new nearpot account. However, the students do not have to make their ID. They can log-in with their name. And put the number of pin number for finding professors’ presentation. I will show you how to work in nearpod later. When the professors share the quizzes in their presentation, the students can do quizzes there during the class. And also the professors can check the students’ score immediately. The next specific method is homework. The homework in nearpot is to review the slides after classes. For example, the professors email students like Hello~ this is slides for my classes~ like that. And the link is also included there. So if the students click the link, they can see the slides. I will show you how to use the nearpod. As I mentioned before, the professors must log-in and make their presentation first. I already made account. After the professors log-in, they can see 3parts. Create will be used for creating new presentation and edit it, engage will be used for launching their presentation to the students during the class, and assess can be used after class for checking who were there, who got how many quiz score like that. I made also example...
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...Corporate Dayout Timings | Winter Facilities | | | Weekdays | Weekends | Day Timings | | Water Park | Start | End | Start | End | 1 | Artificial Sea | 9:00am | 4:00pm | 9:00am | 4:00pm | 2 | Aqua Fun Plaza | 9:00am | 4:00pm | 9:00am | 4:00pm | 3 | Four Lane Multi Slides | 9:00am | 4:00pm | 9:00am | 4:00pm | 4 | Giant Slide | 9:00am | 4:00pm | 9:00am | 4:00pm | 5 | Kamikaze Slide | 9:00am | 4:00pm | 9:00am | 4:00pm | 6 | Camel Back Slide | 9:00am | 4:00pm | 9:00am | 4:00pm | 7 | Crazy River Slide | 9:00am | 4:00pm | 9:00am | 4:00pm | 8 | Crazy River Splash | 9:00am | 4:00pm | 9:00am | 4:00pm | 9 | Children Three Lane Multi Slides | 9:00am | 4:00pm | 9:00am | 4:00pm | 10 | Children Left Curvy Slide | 9:00am | 4:00pm | 9:00am | 4:00pm | 11 | Children Right Curvy Slide | 9:00am | 4:00pm | 9:00am | 4:00pm | 12 | Water Mushroom Showers | 9:00am | 4:00pm | 9:00am | 4:00pm | 13 | Dip & Splash Kids Pool | 9:00am | 4:00pm | 9:00am | 4:00pm | | Fun Lagoon | | | | | 14 | Paddler Hand Boat | 9:00am | 4:00pm | 9:00am | 4:00pm | 15 | Jumping Round | 9:00am | 4:00pm | 9:00am | 4:00pm | 16 | French Mattress | 9:00am | 4:00pm | 9:00am | 4:00pm | 17 | Big Wrestling Ring | 9:00am | 4:00pm | 9:00am | 4:00pm | 18 | Roller Boat | 9:00am | 4:00pm | 9:00am | 4:00pm | 19 | Pak Boat | 9:00am | 4:00pm | 9:00am | 4:00pm | 20 | Floating Fish | 9:00am | 4:00pm | 9:00am | 4:00pm | 21 | Dinasour Boat | 9:00am | 4:00pm | 9:00am | 4:00pm | 22...
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