August 27, 2021

Functions of internal audit department

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. […]
August 27, 2021

Risk measured by the standard deviation

The finance manager of Apr Construction Ltd. has two investment proposals before him and he wishes to choose one of them. He will choose the project […]
August 27, 2021

The proportion of audited accounts with procedural errors

Excel Audit Consultants (EAC) have engaged three audit trainees; O, K and M. After three months, the audit supervisor notices that 3%, 5% and 4% of […]
August 27, 2021

Baye’s theorem

(i) State the Baye’s theorem (2 mark) (ii) What is the importance of Baye’s theorem to a business manager? (8 marks)
August 26, 2021

The Nursing Process Workshop Care Plan

Using the data from the hypothetical clinical situation that we present to you in this task, carry out your first Nursing Care Plan for this client. […]
August 26, 2021

Form of audit opinion

What is the form of audit opinion you would give if you concluded that the client company was experiencing going concern problems and: i. you have […]
August 26, 2021

Factors which would indicate to the auditor that the going concern assumption of the business entity he is auditing is threatened

Explain five factors which would indicate to the auditor that the going concern assumption of the business entity he is auditing is threatened.
August 26, 2021

Regression analysis

Leisure Publishers Ltd. recently published 20 romantic novels by 20 different authors. Sales ranged from just over 5,000 copies for one novel to about 24,000 copies […]
August 26, 2021

The materiality concept and the going concern concept. 

Briefly explain the meaning of the following terms as used in auditing: i. The materiality concept. ii. The going concern concept.
My Account