(a) Write short notes on VAT tribunal. ( 10 marks) (b) To what extent are the partners responsible in respect to payments of VAT. ( 5 […]

What is meant by the following terms as used in auditing: i. Cut off procedure? (5 marks) ii. Audit in depth? (5 marks)

You are a senior member of the audit team at Grain Millers Ltd., a company whose business is milling maize, wheat and other products for local […]

Trendy Tyres Ltd. has introduced a new brand of tyres, which in their advertisements claim to be superior to their only competitor brand, the Roadmaster Tyres. […]

Explain the difference between the paired t-test and the two-sample t-test.

Explain the meaning of the following terms and state their effects on taxable income. (i) Trading receipts. (ii) Balancing charge. (iii) Trading loss (iv) Balancing deduction.

a) Define the term unemployment (2 marks) b) i) Discuss the main causes of unemployment (10 marks) ii) Suggest the possible measures that you would implement […]

A Forest Tree Fellers Ltd. commenced business on 1 January 2005. The following fixed assets of the company which it acquired prior to the commencement of […]

You are the auditor of NN Supermarkets Limited across the country. The management has informed you that they intend to set up an internal audit function. […]