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 […]

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

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

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

(a) What are factors of production? (6 marks) (b) Explain the meaning of mobility of factors of production. To what extent are factors of production mobile. […]

Explain the meaning of the following terms as appearing in the respective tax legislation: (a) Excise duty; ( 2 marks) (b) Local committee; ( 2 marks) […]