July 27, 2021

newly appointed external auditor

Your firm is the newly appointed external auditor to a large company that sells, maintains and leases office equipment and furniture to its customers and you […]
July 26, 2021

planning audit work on the stock-take

Your firm is the auditor of Trent Textiles Ltd, and you are planning your audit work on the stock-take, which will be carried out at the […]
July 26, 2021

probability as used in Quantitative Techniques

(a) Define probability as used in Quantitative Techniques. (3 marks) (b) What is Bayes Theorem? Explain how Bayes Theorem can be utilized practically. (5 marks)
July 26, 2021

The number of auditing jobs performed by KK’s auditing firm

The number of auditing jobs performed by KK’s auditing firm in each of the last nine months are listed below: Month Jobs September 353 October 387 […]
July 26, 2021

the method of least squares

Briefly but clearly explain the method of least squares.
July 26, 2021

the difference between mean squared error and mean absolute deviation

Explain the difference between mean squared error and mean absolute deviation as measures of forecast accuracy.
July 26, 2021

auditing the financial statements of companies which use computerizedaccounting systems

In auditing the financial statements of companies which use computerized accounting systems, the auditors may find that this traditional (audit) trail is often obscured. Various techniques […]
July 26, 2021

costs, the marginal revenue and marginal cost

Puda Development Company (PDC) is a small real estate developer operating in the Eastland’s Valley. It has seven permanent employees whose monthly salaries are given below: […]
July 26, 2021

role of internal control questionnaires and internal control evaluation questionnaires

Explain the role that internal control questionnaires and internal control evaluation questionnaires play in determining the effectiveness of the systems of internal control.
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