CONTENTS Page No. Notice 3-15 Financial Highlights 16-19 Directors’ Report 20-36 Extract of Annual Return-Form No. MGT-9 37-46 Report on Corporate Governance 47-62 Secretarial Audit Report-Form No. MR-3 63-65 Auditors’ Report Balance Sheet Statement of Profit and Loss Cash Flow Statement Notes to the Financial Statements Statement regarding Subsidiary Companies Share Price Movement (1985 to 2014-15) Auditors’ Report on the Consolidated Financial Statements Notes to Consolidated Financial
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BUSINESS RISK AND THE AUDIT PROCESS. Should the risk of litigation, sanctions or an impaired reputation affect the conduct of an audit? by Craig A. Brumfield, Robert K. Elliott and Peter D. Jacobson Business risk is the probability that an auditor will suffer a loss or injury to his professional practice. It differs from audit risk, which is the probability that an auditor will issue an unqualified opinion on materially misstated financial statements. For example, an auditor may be sued (business
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China DATE: Monday, August 31 SUBJECT: GOING GREEN INITIATIVE CONCERNS There are many ways a nation can protect its environment. Some of these methods include tort law, subsidies, discharge permits, emission charges, and direct regulation. Beginning in 1970, with the passage of the NEPA, our nation began a course of environmental protection based primarily on specific direct regulations. The FWPCA established a discharge permit system designed to make the waterways fishable and swimmable. The
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and the message you would like to deliver during your presentation. Remember that there are classmates (like those on a Board of Directors or Audit Committee) in the audience who have not prepared the case problem. 3. Outline presentation as follows: - Introduce the Team Members (individual team members should also mention their name at the beginning of their particular presentation) - Introduce the case and state the problem(s) to be solved - Give your Recommendations FIRST! - Describe the
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The Sarbanes-Oxley Act of 2002 Presented by: Ibrahim M. Conteh; Ruby Proctor Garcia; Kathleen M. Parry; Joseph M. Schmerling; Jaime Ulloa Auditing Theory and Practice 0902 ACCT422 4021 Due: April 29, 2009 Table of Contents Page Number What is the Sarbanes-Oxley Act of 2002? 3 Why was SOX established? 4 When did SOX take effect? 5 What companies were affected and how? 6 What does SOX compliance require
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ACC571: FORENCIS ACCOUNTING | Case Study 1: And the Fraud Continues | SOLIAT KOSOKO | | Professor: Dr. Timothy Franklin Deleanor Brown | 1/20/2013 | Introduction This case demonstrates organized crime, occupational fraud and abuse. This crime is commonly seen among individuals and organizations that are in a lot of social and financial pressures. Some of the crimes involve organize crime are money laundering, mail and wire fraud, conspiracy and racketeering. Any organization that has weak
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part of our modern accounting scenarios. Let’s briefly discuss each element, with special emphasis on how the accountant is affected. Later in the chapter, we provide a roadmap showing you where each component is covered in this textbook. Before beginning, let us tell you two things. First, the study of AIS, is our broad view, while the accounting information system itself, is our narrow view of an AIS. Second, you shouldn’t assign any meaning to the placements of the elements in figure 1.1. The figure
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Assignment 5: Nike” From Sweatshops to Leadership in Employment Practices” Nia Lawson Diggs Dr. Jack Huddleston Human Resource Management 522 Ethics and Advocacy for HR Pro March 13, 2012 Discern how a more effective ethics programs and a more viable code of conduct could have mitigated the ethical issues faced by Nike Nike leads the world in the manufacturing and distributing of its athletic footwear and accessories. Nike is the brain child of Phil Knight
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affect the audit planning decisions for the independent auditors. Some internal control risks that are common to a business like this would be theft of inventory, incentives/pressures from management to employees, issues with compliance, and material misstatements. Auditing Standard Number 8, discusses audit risk. Going
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stock trade was narrow in price range. Internet Information The Corporate Website 1. What is the internet address of the corporation? www.target.com 2. Which items appear in the part of the website that relates to investors? * 2014 Annual Report * Dividend & Stock Split History * Proxy Statement * Stock Quote * Financial News * Stock Chart * Upcoming Events * Investor Contacts * Corporate Responsibility * Board of Directors & Executive Officers * Responsible
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