question and answers of audit

... Chapter Five Audit Planning and Types of Audit Tests McGraw-Hill/Irwin © The McGraw-Hill Companies 2010 The Phases of an Audit That Relate to Audit Planning McGraw-Hill/Irwin ... Days Outstanding in Accounts Receivable Days of Inventory on Hand Profitability Ratios Gross Profit Percentage Return on Assets McGraw-Hill/Irwin © The McGraw-Hill Companies 2010 Profit Margin ... overall audit strategy for conducting the audit This will help the auditor to determine what resources are needed to perform the engagement • An audit plan is more detailed than the audit strategy

Ngày tải lên: 15/05/2017, 08:06

... online version of the Level II Study Guide Click here to go to the online version of the latest Candidate Bulletin Code of Ethics and Standards of Professional Conduct and Guidance for Standards I-VII, ... intern he receives compensation and benefits in the form of work experience and knowledge Code of Ethics and Standards of Professional Conduct and Guidance for Standards I-VII, CFA Institute 2008 ... knowledge of the Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations Velez has acted appropriately and has not violated her duty of loyalty

Ngày tải lên: 06/09/2018, 17:03

... item set (vignette and multiple choice questions) for a total of 180 minutes (3 hours) for this session of the exam Questions Topic Minutes 1-6 Ethical and Professional Standards 18 7-12 Quantitative ... distributing and/ or reprinting the mock exam for any purpose Questions through relate to Ethical and Professional Standards Sang-Gyung Jun Case Scenario Sang-Gyung Jun is enrolled in an MBA program and ... securities or other investments of which a member or candidate is the beneficial owner Jun least likely violated CFA Institute Standards of Professional Conduct with his: A use of the business card B

Ngày tải lên: 06/09/2018, 17:05

... item set (vignette and multiple choice questions) for a total of 180 minutes (3 hours) for this session of the exam By accessing this mock exam, you agree to the following terms of use: This mock ... currently-registered CFA candidates Candidates may view and print the exam for personal exam preparation only The following activities are strictly prohibited and may result in disciplinary and/ or legal action: ... salary plus a bonus based on both the accuracy of her recommendations over time and the overall profitability of the company Topaz makes public disclosure of the extent to which research analyst compensation

Ngày tải lên: 06/09/2018, 17:07

... execution strategies Both of these research tools would benefit all of Robon’s clients After considering several other brokers, comparing the quality and range of services offered and their financial ... claim: Provide soft dollar disclosure annually; Provide soft dollar disclosure to all clients; and Provide soft dollar disclosures using complete and full legal terms Several of Macia’s partners ... because of definition of soft dollar arrangements By accessing this mock exam, you agree to the following terms of use: This mock exam is provided to currentlyregistered CFA candidates Candidates

Ngày tải lên: 06/09/2018, 17:09

... investors, and sell-side financial services companies Adam recognizes she must make numerous disclosures on her website to comply with the CFA Code of Ethics and Standards of Professional Conduct and ... premium, and the Sharpe ratio, and calculate the value of one of these variables given values of the remaining variables B is correct Exhibit contains the inputs of the CAPM, and the expected return ... calculations One of your tasks was to calculate the synthetic values of call and put options for Berkeley Corporation Can one of you tell me why it is useful to construct and value synthetic calls and puts?”

Ngày tải lên: 06/09/2018, 17:11

... Objectivity Standards,” CFA Institute Section Question of According to the CFA Institute Standards I(B), and V(A), members and candidates must exercise diligence, independence, objectivity, and thoroughness ... her stated opinion of the company 2014 CFA Level II “Guidance for Standards I-VII,” CFA Institute Standard I(B), Standard V(A) Mock Exam – AM Answers Block 2: Scott Question of Economic income ... Budgeting," by John D Stowe and Jacques R Gagne Section 8.2 Mock Exam – AM Answers Question of Ludlow's suggestion of considering alternate economic environments is an example of scenario analysis 2014

Ngày tải lên: 06/09/2018, 17:16

... used by the auditor, and therefore, also constitutes audit evidence - Most of the auditor’s work in forming the auditor’s opinion consists of obtaining and evaluating audit evidence Audit procedures ... and sufficiency of audit evidence Distinguish between internal documentation and external documentation as audit evidence Give examples of each THE CONCEPT OF AUDIT EVIDENCE I.1 Definition Auditing ... meaning of the appropriateness and sufficiency of audit evidence - According to ISA 50015, the objective of the auditor is to design and perform audit procedures in such away as to enable the auditor

Ngày tải lên: 03/08/2022, 15:33

... used by the auditor, and therefore, also constitutes audit evidence - Most of the auditor’s work in forming the auditor’s opinion consists of obtaining and evaluating audit evidence Audit procedures ... PRICIPLES OFAUDITING LBp: K55DD1 NhEm: Đề tài: The concept of audit evidence? Explain the meaning of the appropriateness and sufficiency of audit evidence Distinguish between internal documentation and ... meaning of the appropriateness and sufficiency of audit evidence - According to ISA 50015, the objective of the auditor is to design and perform audit procedures in such away as to enable the auditor

Ngày tải lên: 03/08/2022, 15:49

... used by the auditor, and therefore, also constitutes audit evidence - Most of the auditor’s work in forming the auditor’s opinion consists of obtaining and evaluating audit evidence Audit procedures ... and sufficiency of audit evidence Distinguish between internal documentation and external documentation as audit evidence Give examples of each THE CONCEPT OF AUDIT EVIDENCE I.1 Definition Auditing ... meaning of the appropriateness and sufficiency of audit evidence - According to ISA 50015, the objective of the auditor is to design and perform audit procedures in such away as to enable the auditor

Ngày tải lên: 05/12/2022, 06:53

... (a) Product of emissivity of surface and 1/π (b) Product of emissivity of surface and π (c) Product of emissive power of surface and 1/ π (d) Product of emissive power of surface and π IES-30 ... a function of the ratio of: IES-3 [IES-2000] (a) Schmidt and Reynolds numbers (b) Schmidt and Prandtl numbers (c) Nusselt and Lewis numbers (d) Reynolds and Lewis numbers In case of liquids, ... at the rate of 1400 W/m2 The distance of centre of sun from the surface of earth is 1.5 × 108 m and the radius of sun is 7.0 × 108 m What is approximately the surface temperature of the sun treating

Ngày tải lên: 09/03/2016, 10:35

... length of stroke and speed of rotation (d) Specific fuel consumption, speed of rotation and torque Q5 The method of determination of indicated power of multi-cylinder SI engine is by the use of [IES-1995] ... conduction and convection Which of the above statements are correct? (a) 1, and (b) 1, and (c) 2, and (d) and Page 72 of 77 ANSWER WITH EXPLANATION Previous Years IES Answers Ans (c) Disadvantages of ... used for reduction of NOx Which of the statements given above are correct? (a) and (b) 1, and (b) and (d) and Q16 Assertion (A): Catalytic converters for reduction of oxides of nitrogen in engine

Ngày tải lên: 09/03/2016, 10:35

... (a) 1, and (b) 2, and (c) 1, and (d) 1, and IES-22 Ans (b) IES-23 A square key of side d/4 is to be fitted on a shaft of diameter d and in the hub of a pulley If the material of the key and shaft ... ntre of are having h radiu us = is (15, 15) GATE-2 G A band brak ke having g band-wid dth of 80 mm, m drum m diameter r of 250 mm, m co oefficient of o friction of 0.25 and angle off wrap of 270 ... failure e The desig gn of the piin of a rock ker arm off an I.C engine is bassed on (a) 1, and d4 (b) 1, and (c) 2, and (d) 3, and ns (d) Design of pin off a rocker arrm of an I.C C engine iss

Ngày tải lên: 09/03/2016, 10:36

... bulb temperature and air movement Of these statements: (a) and are correct (b) and are correct (c) and are correct (d)1 and are correct IAS-6Ans (a) A room air is at a DBT of Tr and relative humidity ... GATE Questions Load calculation GATE-1 Atmospheric air at a flow rate of kg/s (on dry basis) enters a cooling and dehumidifying coil with an enthalpy of 85 kJ/kg of dry air and a humidity ratio of ... with mass flow rate of 10 kgda/s at dry bulb temperature of 30oC and humidity ratio of 0.017 kgw/kgda It leaves the cooling coil at dry bulb temperature of1 6oC and humidity ratio of 0.008 kgw/kgda

Ngày tải lên: 09/03/2016, 10:36

... District’s Office of Tax and Revenue ( OTR) officials, the last verification of motor fuel taxes occurred approximately 7 years ago and revealed that construction companies underreported the number of ... ineligible costs and errors not being corrected for amounts recorded and paid. As a result of the lack of documentation and failure to segregate duties related to cash disbursements, the risk of misappropriation, ... of application modifications. The lack of segregation of duties provides the opportunity for controls to be circumvented, which can result in unauthorized access and changes to systems and software

Ngày tải lên: 19/06/2014, 15:20

... Director of the Office of Tax and Revenue take the following actions: • Enforce procedures to ensure the recognition of revenue in the month the tax is due if the revenue is measurable and available ... be an audit issue. The CFO agreed with the reported revenue findings and stated that the Office of Tax and Revenue has implemented procedures for processing motor fuel tax collections as of October ... Department of Public Works as one of the selected pilot agencies. He also stated that (1) his office will conduct an independent quality assurance evaluation and test the new software systems and integrated

Ngày tải lên: 19/06/2014, 15:20

... and advised no changes to the design. To our knowledge, the applicat ion of this type of w ork- sheet as a means of ‘enhanc ing’ the effectiveness of audit and feedback is novel. Allocation and ... self-assess [7]. Thus, audit and feedback focuses o n addressing the gap between ideal and actual care that is within the control of the health care provi- der and is often the foundation of multifaceted ... Diabetes and IHD are con- sidered particularly good targets for quality improve- ment strategies such as audit and feedback which can increase adoption and adherence to guidelines [4,5]. Audit and

Ngày tải lên: 10/08/2014, 10:23

... responsibility of auditor, and they were aware of what auditors do. Now, we will go to analysis of responses related to accounting fraud and the responsibility of auditor in detection and prevention ... internal auditor and external auditor  To discuss about some of auditing standard that using in this study 31 4.2 Analysis of responses related to the role and responsibility of auditors ... possibility of innocent mistakes and deliberate misstatements such as fraud and management manipulation (Chandler, Edwards and Anderson, 1993). The role of auditor plays importance in detecting and...

Ngày tải lên: 13/03/2014, 14:20

... Committee, Guidance on Definition and Disclosure of Public Debt. At the beginning of an audit of a public debt program, SAIs need to have a clear understanding of the meaning of public debt. As noted ... understanding of their full impact on the government’s financial condition and budget? Audit Objectives and Procedures Risk Assessment 8 Guidance for Planning and INTOSAI’s Conducting an Audit of Public ... Conducting an Audit of Public Debt Committee Internal Controls of Public Debt Audit Objectives and Procedures This section provides suggested audit objectives and proce- dures for each of the five...

Ngày tải lên: 06/03/2014, 23:20

... security system of that auditor and the method of transmission of information which is agreed between the repository and auditor. A4 AUDIT BY NON-CONFORMANT BODIES The purpose of this document ... knowledge of CCSDS 652.0-M-1/ISO 16363 (reference [1]) and other relevant normative documents; b) understanding of digital preservation; c) understanding of risk assessment and risk management of ... wherein the audit organizations are domiciled, the actual audit practices are outside of the scope of this document. A3 POTENTIAL THREATS AND ATTACK SCENARIOS Threats and risks of intentional...

Ngày tải lên: 15/03/2014, 23:20