July 26, 2021

Restmount Kenya Ltd. was formed on 1 October 1997 in order to exporttea and coffee to European markets

Restmount Kenya Ltd. was formed on 1 October 1997 in order to export tea and coffee to European markets. The Directors are unsure as to their […]
July 26, 2021

Emali Co. Ltd. has undergone a period of substantial growth

Emali Co. Ltd. has undergone a period of substantial growth following its establishment five years ago. At the last annual general meeting Smith & Co. Associates, […]
July 23, 2021

Multinational financial management

The following plot shows the current account balance (as a percent of GDP) for the five BRICS economies (Brazil, Russia, India, China and South Africa) from […]
July 23, 2021

You are the audit manager

You are the audit manager in charge of Car Alarms Ltd. Whose financial year ended on 31 March 1993. Due to the tight schedule of your […]
July 23, 2021

auditing guideline on ‘recording’

The auditing guideline on ‘recording’ requires audit working papers to be sufficient complete and detailed so that an experienced auditor who has no previous connection with […]
July 23, 2021

PQR Ltd is the sole supplier of electricity

PQR Ltd is the sole supplier of electricity in your country. It supplies electricity to two separate consumers, namely (i) industrial and commercial users and (ii) […]
July 23, 2021

internal audit and internal check

a) Distinguish between internal audit and internal check (4 marks) b) Explain the matters you would consider and the work you would perform to enable you […]
July 23, 2021

per capita income

Define the term per capita income. Show its usefulness and highlight some of its inherent shotcomings. (7 marks) The table below represents estimated national income values […]
July 23, 2021

types of Audits

(a) Describe the following types of Audits: i. Statutory Audits; ii. Internal Audits; iii. Private Audits; iv. Management Audits; (b) What are the similarities and differences […]
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