...Assignment: Following are some independent situations with reference to liability of an auditor: 1. Mr. Touseef, the bookkeeper, had embezzled a large sum of money by manipulating the ‘Wage Sheet’. He was incharge of voucher, wage sheet and many other documents. There is no system of internal check in the organization. Later on, the auditors were appointed to conduct a continuous and detailed audit but they failed to find the embezzlement. 2. Mr. Atif was director of a company. He needed more capital so he put an advertisement in the national news papers for acquiring further capital. Mr. Ijaz (new investor) responded with intension to invest Rs. 20 million but with the condition that he wanted to see company’s audited accounts before making his final decision. Mr. Atif hired the services of a local audit firm to audit the company accounts and balance sheet. Mr. Ijaz relied on the accuracy of the audited financial statements and invested Rs. 20 million without knowing the facts that the company was in very bad state and financial position had been misstated. Mr. Atif used all the investment for his personal affairs and then declared bankruptcy. Eventually, Mr. Ijaz lost his entire invested money. 3. An auditor circulated its opinion in the press, before the final signature on financial statements, that the stock/inventory was manipulated by the directors of the organization to attract the investors but the charge was not verified yet. 4. Mr. Arslan was an auditor...
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...BANKING UNIVERSITY HO CHI MINH CITY DEPARTMENT of FOREIGN LANGUAGES THE SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness CURRICULUM MAJOR: ENGLISH COURSE DESCRIPTION 1. General Info: - Course: English Semantics - Code: LI005 - Credits: 2 - Option: Compulsory - Prerequisite: Listening, Speaking, Reading, Writing from 1 to 3 - Requirements: Students are required to attend the class fully, to participate in class activities such as exercises, mini-tests, discussion, etc. based on their self-study in accordance with their lecturers’ guidance and assignment. - Credit hours: + Lecture: 30 periods + Self-study: 45 hours - Department: Department of Foreign Languages – Linguistics Division 2. Objectives - Knowledge: to introduce students to all the main elements of Semantics in a simple step-by-step fashion. - Skills: to provide students with an opportunity to discover the value and fascination of studying Semantics, and move on to such topics as sense and reference, basic sense relations, simple logic, word meaning, and interpersonal meaning. - Attitude: to provide students with an opportunity to develop and promote their apt selfstudy and scholarship 3. Course summary This course has been carefully planned to introduce students to most of the main elements of Semantics. Students begin by discovering the value and fascination of studying Semantics, and move on to such topics as sense and reference, basic sense relations, simple logic, word meaning, and...
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...Lovely Professional University, Punjab Course Code COM354 Course Category Course Title TAX LAWS-II Courses with Numerical focus Course Planner 17055::Shikha Bhasin Lectures 4.0 Tutorials Practicals Credits 1.0 0.0 5.0 TextBooks Sr No T-1 Title Indirect Taxes Laws & Practice, Reference Books Sr No R-1 R-2 Other Reading Sr No OR-1 OR-2 OR-3 OR-4 OR-5 OR-6 OR-7 OR-8 Journals articles as Compulsary reading (specific articles, complete reference) Mohan Rajat "Service Tax Planning- Limits of Management Consultancy Services" [http://www.caclubindia.com/articles/service-tax-planning-limitsofmanagement- consultancy-services-4073.asp] , Thakur Pradeep & Dhawan Himanshi, "ED asks for CWG broadcast contract details" Times of India, Nov 11, 2010 [http://timesofindia.indiatimes.com/india/EDasks- for-CWG-broadcast-contract-details/articleshow/6904772.cms] , Bhalla Monish "Unprofessional Service Tax rules for certain professionals" on 04 November 2010 [http://www.caclubindia.com/articles/unprofessional-servicetaxrules-for-certain-professionals-7363.asp] , CA. Mohan Rajat "GST recent developments" [http://www.caclubindia.com/articles/gst-recent-developments-5308.asp] , Singh Kumar Dheeraj "Historical Background of VAT" [http://www.caclubindia.com/articles/historical-background-of-vat-1716.asp] , By Mahony,Megan , Journal of State Taxation. Nov/Dec 2012 Vol 31 Issue , P 15-18 4P- An recent activity related to sales Tax , By Piquado ,Paul , Federal register 10/22/2012, Vol 77 Issue 204 P 64468-64471-...
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...Turkmenistan is one of the Turkic states in Central Asia bordered by Kazakhstan, Uzbekistan, Afghanistan, Iran, and the Caspian Sea. It gained its independence upon the dissolution of the Soviet Union in 1991. Upon researching the country and reading different articles, I will be conducting a SWOT analysis to evaluate the strengths, weaknesses, opportunities, and threats involved with the country. Strengths being characteristics of the country that give it an advantage over others, weaknesses being characteristics that place the country at a disadvantage to others, opportunities being elements that the country could use to its advantage, and threats being elements that could cause problems for the country. Turkmenistan’s country has many good aspects about it. The land and resources available contribute to a lot of the strengths that Turkmenistan has. The country has large areas for non-irrigated farming. Mountains and foothills within the region are rich in mineral resources. With the resources available, the people who live there are able to produce cotton silk, handmade carpets and rugs, and raise cattle, sheep, goats, and camels. The raising of this livestock contributes most to the agricultural economy. They use camels for transporting sheepherders, drawing water from the desert wells, and as a main source of meat, wool, and milk. This country is one of the most industrially developed regions of the republic. Oil extraction and refining, fisheries and fish processing...
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...Discusssion Question: Review the reading passage focusing on “Guidelines for Designing Incentive Compensation Systems (p. 335).” Select two of these guidelines and discuss how they are being implemented in organization you are familiar with. Do you think there are serious disadvantages for companies that do not follow these guidelines? Guidelines for designing incentive compensation system is so important to ensure that the performance target set for each individual or team involvement that the individual or team can personally affect the work performance. * Have incentive that extend to all managers and worker, not just top management to make all the staff worker do their hardest to hit performance target and encouraging them to do their best with fairness environment. That make no different between any hard worker employees to get the lucrative rewards. * Avoid rewarding effort rather than results. It has to be no exception for people who would like to achieve something and did not because of limiting control that they have. Because one good excuse would open the door for thousand and getting rewarded for unachievable target for just a try. It has to be forbidden to reward the high effort “excuse” to make it easier to administer and achieve the results-oriented work climate. The disadvantage for companies that not follow theses guidelines 1- Encouraging employees bad behaviors 2- High percentage of turnover that harm performance of the whole company ...
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...SYLLABUS BSA/385 Introduction to Software Engineering Copyright ©2016 by University of Phoenix. All rights reserved. Course Description This course introduces the fundamental, logical, and design considerations addressed during system and application software development. It provides a background in applications software development and testing techniques through a combination of theory and application. Course Dates May 03, 2016 - Jun 06, 2016 Faculty Information Name : Email Address : Phone Number : ROBERT MASCARENAS (PRIMARY) (505) 884-4399 Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents (both located on your student website): • Academic Policies University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Academic Resources • Course Software Instructions Click the link for additional course software requirements. Note: We do not recommend trial software versions because they expire. SupportingMaterial Course Software • College of IS&T Resources Instructions Click the link to review the College of IS&T Resources. SupportingMaterial College of IS&T Resources • College of IS&T Website Instructions ...
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...The Likeside Company: Auditing Cases AUDITING PROCEDURES AND AUDITING DOCUMENTATION: TESTING THE INVENTORY PURCHASING SYSTEM Art Heyman is employed as a staff auditor with the independent accounting firm of Abernethy and Chapman. For the first two weeks of December 2012, Heyman is asined to the Lakeside Company examination. During this period, he is to perform a number of testing procedures designed by Carole Mitchell, in-charge auditor on the engagement. Heyman recalled that several parts of the initial risk brainstorming involved inventory and merchandise purchases. At the present time, Heyman is beginning to analyze the transactions that occur in the client's merchandise procurement system. Within this testing, he is especially interested in determining the extent to which employees comply with control procedures while carrying out various required activities. This evaluation will influence the assessment of control risk and therefore, the nature, timing, and extent of substantive tests to be performed by the firm in this area. Lakeside leases a perpetual inventory record accounting system from DATA Processing System of Richmond, an outside service organization. The initial entries are made by the Controller's division of Lakeside, and on a weekly basis the transactions are uploaded through DATA Processing Systems' website. Reports are then generated, and one copy of the current inventory balances goes to Edward Thomas, who is responsible for acquiring merchandise, while...
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... Figure 1.3: Consumption of alcohol in India Figure 1.4: Company Reports for imported and domestic wines Figure 4.1: Knowledge about Indian wine producers Figure 4.2: Choice between old world wine & new world wine. Figure 4.3: Value for money Figure 4.4: Ratio of inventory Figure 4.4 (a): Stand-alone restaurants Figure 4.4 (b): Bars Figure 4.4 (c): Hotel outlets Figure 4.5: Growth position Figure 4.6: Awareness of Indian brands CONTENTS Page no. CHAPTER 1: INTRODUCTION CHAPTER 2: REVIEW OF LITERATURE CHAPTER 3: METHODOLOGY CHAPTER 4: RESULTS AND DISCUSSSION CHAPTER 5: SUMMARY AND CONCLUSION Bibliography Annexure I Annexure II CHAPTER -1...
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...1.0 Introduction. This chapter of the project report comprises of the background of the study, statement of the problem, general and specific objectives of the research, scope of the study and significance of a computerized records management system. 1.1 Background information. I have much concentration on one of primary school known as kyegera parents primary school. It is one of the many privately owned primary schools in kampala district. This primary school was constructed and started operating in 2006 to offer good education to the young generation in the district and perhaps competite with the rest of the country’s schools. The manual based granding system is the current system used by this education institute as I analyze this system I found that the system was costly in terms of purchasing papers, calculator and minimising error. A computerized granding management system for an education institution is all about simpling stundents granding, securing reports, managing and quick retrieval of data and storage of large volume of data with the help of hard drive and can be kept for long period of time. It also allows deletion and editing of data which cannot be done on paper. 1.2 Problem statement. The institutions current system is mainly manual based granding system which are costly in terms of granding using calculator , storage and securing records from intruder to access them. 1.2.1 General objective. The purpose of this project is to design a computerized...
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...The current issue and full text archive of this journal is available at www.emeraldinsight.com/0263-4503.htm Brand equity for online companies Rosa E. Rios Australian College of Kuwait, Safat, Kuwait, and Brand equity for online companies 719 Received 1 May 2008 Revised 1 July 2008 Accepted 1 July 2008 Hernan E. Riquelme Kuwait-Maastricht Business School, Salmiya, Kuwait Abstract Purpose – The purpose of this paper is to determine if the traditional approach to measuring brand equity applies to online companies. Design/methodology/approach – This objective is pursued by: developing a measurement model of brand equity for online businesses; and testing the nomological validity of the model using structural equation modelling. Findings – This study finds partial support for the application of the offline brand equity theoretical framework based on brand awareness, brand associations and loyalty for online companies. Brand loyalty and brand value associations directly create brand equity. Research limitations/implications – The study is cross-sectional, the indicators or observable variables used in this study may not be deemed comprehensive enough, no interaction effects have been incorporated, and finally, the research study was based on a few online business retailers. Practical/implications – The results support the view that a consumer’s perceived sense of value resulting from a transaction with an online business develops loyalty. Also, brand-trust association...
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...Advancing Effective Communication, Cultural Competence, and Patient- and Family-Centered Care A Roadmap for Hospitals Quality Safety Equity A Roadmap for Hospitals Project Staff Amy Wilson-Stronks, M.P.P., Project Director, Health Disparities, Division of Quality Measurement and Research, The Joint Commission. Paul Schyve, M.D., Senior Vice President, The Joint Commission Christina L. Cordero, Ph.D., M.P.H., Associate Project Director, Division of Standards and Survey Methods, The Joint Commission Isa Rodriguez, Project Coordinator, Division of Quality Measurement and Research, The Joint Commission Mara Youdelman, J.D., L.L.M., Senior Attorney, National Health Law Program Project Advisors Maureen Carr, M.B.A., Project Director, Division of Standards and Survey Methods, The Joint Commission Amy Panagopoulos, R.N., M.B.A., Director, Division of Standards and Survey Methods, The Joint Commission Robert Wise, M.D., Vice President, Division of Standards and Survey Methods, The Joint Commission Joint Commission Mission The mission of The Joint Commission is to continuously improve health care for the public, in collaboration with other stakeholders, by evaluating health care organizations and inspiring them to excel in providing safe and effective care of the highest quality and value. The inclusion of an organization name, product, or service in a Joint Commission publication should not be construed as an endorsement of such organization, product, or services, nor is failure...
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