An accountant wishes to estimate the mean of accounts receivable. He takes a random sample of 10 accounts receivable and gets the following results in millions […]

Write brief explanatory notes on the following audit terms: a) Control procedures; (4 marks) b) Internal check; (4 marks) c) Vouching audit; (4 marks) d) Walk-through […]

Paper details: A: Identifying, explaining and illustrating managerial or organisational responses to a contemporary business management issue and challenges, how these impact on organisations and managerial […]

To obtain revenue to support the funding of public educational programmes in a city, the Parents and Teachers Association (PTA) proposes the establishment of a City […]

a) Explain the value derived from the work of external auditors. (5 marks) b) Outline the statutory provisions with regard to duties of external auditors. (7 […]

The following balances are extracted from the books of Wendani Limited for the year ended 30 April 2006. Sh. Share capital: 3,000,000 ordinary shares (fully paid) […]

Write briefly explanatory notes on the following types of audit: i. Statutory audit; (3 marks) ii. Private audit; (3 marks) iii. Balance sheet audit; (3 marks) […]

A real estate salesperson estimates that 80% of the customers with whom he deals, can qualify financially for a mortgage loan for the house of their […]

With reference to Pay As You Earn (PAYE) system: (a) Write explanatory notes on the following: (i) Taxation of pension income for a retired employee; ( […]