(d) Draft a letter for Tim Blake to send to WM’s investors to include the following:(i) why you believe robust internal controls to be important; and(ii) proposals on how internal systems might be improved in the light of the overestimation of mallerite a

题目

(d) Draft a letter for Tim Blake to send to WM’s investors to include the following:

(i) why you believe robust internal controls to be important; and

(ii) proposals on how internal systems might be improved in the light of the overestimation of mallerite at

WM.

Note: four professional marks are available within the marks allocated to requirement (d) for the structure,

content, style. and layout of the letter.

(16 marks)

更多“(d) Draft a letter for Tim Blake to send to WM’s investors to include the following:(i) why you believe robust internal controls to be important; and(ii) proposals on how internal systems might be improved in the light of the overestimation of mallerite a”相关问题

第1题

Which of the following operations need NOT to be entered on the Oil Record Book Part I? I、Disposal of oil residues. II、 Internal transfer of fuel oilA.I onlyB.II onlyC.both I and IID.neither I nor II

点击查看答案
第2题

Following a competitive tender, your audit firm Cal & Co has just gained a new audit client Tirrol Co. You are the manager in charge of planning the audit work. Tirrol Co’s year end is 30 June 2009 with a scheduled date to complete the audit of 15 August 2009. The date now is 3 June 2009.Tirrol Co provides repair services to motor vehicles from 25 different locations. All inventory, sales and purchasing systems are computerised, with each location maintaining its own computer system. The software in each location isthe same because the programs were written specifically for Tirrol Co by a reputable software house. Data from each location is amalgamated on a monthly basis at Tirrol Co’s head office to produce management and financial accounts.You are currently planning your audit approach for Tirrol Co. One option being considered is to re-write Cal & Co’s audit software to interrogate the computerised inventory systems in each location of Tirrol Co (except for head office)as part of inventory valuation testing. However, you have also been informed that any computer testing will have to be on a live basis and you are aware that July is a major holiday period for your audit firm.Required:(a) (i) Explain the benefits of using audit software in the audit of Tirrol Co; (4 marks)(ii) Explain the problems that may be encountered in the audit of Tirrol Co and for each problem, explainhow that problem could be overcome. (10 marks)(b) Following a discussion with the management at Tirrol Co you now understand that the internal audit department are prepared to assist with the statutory audit. Specifically, the chief internal auditor is prepared to provide you with documentation on the computerised inventory systems at Tirrol Co. The documentation provides details of the software and shows diagrammatically how transactions are processed through the inventory system. This documentation can be used to significantly decrease the time needed to understand the computer systems and enable audit software to be written for this year’s audit.Required:Explain how you will evaluate the computer systems documentation produced by the internal auditdepartment in order to place reliance on it during your audit. (6 marks)

点击查看答案
第3题

（31）有以下程序#include main(){ char a[30],b[30];scanf("%s",a);gets(b);printf("%s\n %s\n",a,b);}程序运行时若输入：how are you? I am fine则输出结果是A）how are you? B）howI am fine are you? I am fineC）how are you? I am fine D）row are you?

点击查看答案
第4题

If you are on the beach and are signaling to a small boat in distress that your present location is dangerous and they should land to the left，you would ______．A.fire a green star to the leftB.send the letter K by light and point to the leftC.place an orange signal to your left as you signal with a white lightD.send the code signal S followed by L

点击查看答案
第5题

Questions 69-71 refer to the following letter. Sarton Industries 13 November Ms. Claudia Ramirez 238 Carter Boulevard Spring Harbor, DE05421 Dear Ms. Ramirez Thank you for your interest in Sarton Industries. I received your resume, cover letter, and reference list today. Unfortunately, the computer analyst position you were interest in was filled earlier this week.. Your credentials are very impressive. I believe you are well qualified for a Web-developer position that we will posting sometime next month. We are looking for candidates with extensive experience in Web design. If you are interested in the position, I can forward your information to Richard Stanton, our information systems supervisor, and suggest that he set up an interview with you. If you do not already have one assembled, you may want to put a collection of your work into a portfolio to bring with you to that interview. Please call me or send an e-mail at your earliest convenience to let me know if you would be interested in meeting with Mr. Stanton. Sincerely. Debra Metzger Director of Perdonnel Sarton IndustriesWhat did Ms. Ramirez NOT send to Ms. Metzger? A. A portfolio. B. A resume. C. A cover letter. D. A list of references.

点击查看答案
第6题

I will draft a letter for you.A:clarify B:formulate C:revise D:contribute

点击查看答案
第7题

资料：Many people think of internal control as a means of safeguarding cash and preventing fraud. Although internal control is an important factor in protecting assets and preventing fraud, this is only a part of its roles. Remember that business decisions are based on accounting data and the system of internal control provides assurance of the dependability of the accounting data used in making decisions. The decisions made by management are communicated throughout the organization and become company policy. The results of the policies-----the consequences of managerial decisions----must be reported back to management so that the soundness of company policies can be evaluated. Among the means of communication included in the system of internal control are organization charts, manuals of accounting policies and procedures, flow charts, financial forecasts, purchase orders, receiving reports, invoices, and other documents. The term documentation refers to all the charts, forms, reports, and other business papers that guide and describe the working of a company's system of accounting and internal control. Internal controls fall into two major classes: administrative controls and accounting controls. Administrative controls are measures that increase operational efficiency and compliance with policies in all parts of organization. For example, an administrative control may be a requirement that traveling salespersons submit reports showing the number of calls made on customers each day. Another example is a directive require airline pilots to have regular medical examinations. These internal administrative controls have no direct bearing on the reliability of the financial statements. Consequently, administrative controls are not of direct interest on accountants and independent auditors. Internal accounting controls are measures that relate to protection of assets and to the reliability of accounting and financial reports. An example is the requirement that a person whose duties involve handling cash shall not also maintain accounting records. More broadly stated, the accounting function must be kept separate from the custody of assets. Another accounting control is the requirement that checks, purchase orders, and other documents be serially numbered. Still another example is the rule that a person who orders merchandise and supplies should not be the one to receive them and should not sign checks to pay for them. Which one of the following is not the role of internal control？A.Preventing fraud. B.Providing help for making decisions. C.Improving the sense of responsibility of employees. D.Protecting assets.

点击查看答案

(d) Draft a letter for Tim Blake to send to WM’s investors to include the following:(i) why you believe robust internal controls to be important; and(ii) proposals on how internal systems might be improved in the light of the overestimation of mallerite a

题目

更多“(d) Draft a letter for Tim Blake to send to WM’s investors to include the following:(i) why you believe robust internal controls to be important; and(ii) proposals on how internal systems might be improved in the light of the overestimation of mallerite a”相关问题

第1题

第2题

第3题

第4题

第5题

第6题

第7题

相关内容