August 19, 2021

A small company produces only two sizes of frames for stereo receivers: standard size and slim-line

A small company produces only two sizes of frames for stereo receivers: standard size and slim-line. The accounting department has provided the following analysis of the […]
August 19, 2021

Projecting a moving average trend

When projecting a moving average trend, what basis would make the choice of one of the following appropriate? (i) Projecting „by eye.‟ (2 marks) (ii) Using […]
August 19, 2021

Seasonal variation figures and seasonally adjusted data

Explain how management of an organization might use seasonal variation figures and seasonally adjusted data.
August 19, 2021

The purpose of a letter of representation from management to the auditor

You have been the auditor of Crossborder Trading Company Ltd. for a number of years. The company‟s head office is in Nairobi, Kenya and if has […]
August 19, 2021

An online audit programme

Draft an online audit programme for the fixed assets of a large manufacturing company. (15 marks)
August 19, 2021

The moving average centering

(a) Explain the moving average centering and why it is employed. (5 marks) (b) Given a time series with trend figures already calculated, describe in words […]
August 18, 2021

Additive time series model

For an additive time series model, what does the term “residual variation” mean? Describe briefly its two main constituents.
August 18, 2021

Disadvantages of using standardized audit programmes

List and discuss five disadvantages of using standardized audit programmes and how these disadvantages can be avoided.
August 18, 2021

Audit programme

In 250 – 300 words, define and explain the meaning of an audit programme giving examples
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