Identify the categories of parties who may institute successful legal claims against an auditor emphasizing the basis a court of law would use to assess the […]

(i) Describe the circumstance under which an auditor may be liable for damages for materials misstatements in published accounts on which he has expressed an audit […]

(i) State and explain the aspects of significance of factor mobility (5 marks) (ii) What policy recommendations would you suggest to reduce regional development imbalances if […]

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 […]

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 […]

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

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 […]

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

(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 […]