STUDY LIST & ESSAYS FOR THE FINAL Fall 2013 AICPA and PCAOB standards on computers can be used for the whole exam, keep time limits in mind Numbers in red are incomplete or need additional information. Some in red may not need additional information, but if additional information can be provided that will help with essays add it. 1. Code of Professional Conduct as it relates to the cases that we discussed -Rule 101 Independence-A member in public practice shall be independent in
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CGA-CANADA AUDITING 2 EXAMINATION March 2005 Marks 30 Time: 4 Hours Question 1 Select the best answer for each of the following unrelated items. Answer each of these items in your examination booklet by giving the number of your choice. For example, if the best answer for item (a) is (1), write (a)(1) in your examination booklet. If more than one answer is given for an item, that item will not be marked. Incorrect answers will be marked as zero. Marks will not be awarded for explanations
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Ways of Preventing Students from Submitting Materials Written by Someone Else For Academic Credit While there is no magic bullet to prevent students from using the Internet in this manner, the following are ten tips to curb electronic cheating. Use anti-plagiarism websites. Sites like turnitin may be fast and effective at catching plagiarized writing in student's papers. These services scan uploaded essays for lifted material from across the web. Many teachers require students to submit their
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and are free from material misstatement, whether by error or fraud. 2. There are definitely fraud risk factors present in the 2000 NextCard audit including: rapid growth compared to competitors, lack of an internal audit team, and pressures to report a profitable quarter. NextCard was able to obtain growth so fast because, they were offering rather generous credit policies which attracted many people who could not get credit elsewhere. As a result, NextCard ended up loaning out over one billion
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* * * Charles Arthur * The Guardian, Wednesday 16 June 2010 15.30 EDT * Jump to comments (99) Why Minority Report was spot on It's only eight years since Steven Spielberg's Minority Report amazed audiences with its futuristic technology. But now science is fast catching up Tom Cruise as John Anderton in Minority Report - an early adopter of gesture-based computing. Photograph: 20th Century Fox The launch of Microsoft's new Kinect games system, which allows players
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conduct, such as approval of the Adelphia’s method of accounting for related-party transactions. His behaviors resulted in a violation of applicable professional standards. Deloitte, who engaged in auditing Adelphia, did not issued a fair auditor’s report. Adelphia violated the accounting and reporting standard, such as improper offsetting receivables and payables, improper disclosure of its co-borrowed debt and adequacy of the note disclosure of Adelphia’s contingent liability and hiding debt from
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and operations. There are two possible answers to this question and the first is being “No, the audit could not be completed without any qualification.” However, the audit can be completed but with a qualified audit report. The few reasons behind the qualification of the audit report are as follows: 1. The sum of RM250,000 account receivables was wrongly entered into another account in the General Ledger. To make matters worse, several pages of account receivable listing were missing causing
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------------------------------------------------- Smackey dog food Auditing [Date] tamucc [Company address] [Date] tamucc [Company address] Smackey Dog Food is a family owned and operated company that began as a dream of two sister’s and its meager beginnings were established in the kitchen of their home. The business has become more profitable and thus the sisters have a need to expand the business into a larger facility. There was a need to hire additional employees in order to
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Clear policies required on: 1. Which customers should receive credit? A- 5C’S-useful checklist • CAPITAL: the customer must appear to be financially sound before any credit is extended. If the customer is a business, its financial statement should be examined. Particular regards should be given to the customer’s likely future profitability and liquidity. • CAPACITY: the customer must appear to have the capacity to pay for the goods acquired on credit. The payment record of the customer
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ACC 498 Financial Analysis Project Guidelines and Rubric To complete the Financial Analysis Project, you will use the text Analyzing and Understanding Annual Reports. You are permitted (and it is suggested) to work in teams for this project if you choose to do so. Teams of 3-5 members are recommended. If you choose to work in teams, designate one member of your team to email the instructor all the names of the members of your team along with the name of the company you are selecting. Email
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