Questions: Your task is to answer a selection of tutorial questions for weeks 1 to 5 inclusive and give these answers. Week 1 You are the audit manager of Overseas Explorer Ltd (OEL), which acquired the small proprietary company Local Pty Ltd (Local) on 30 June 2018. The price of the acquisition was agreed at $5 million, on the condition that OEL is satisfied with […]

Question: Tasks:1 1.You a. Discuss how do you stack up against the five dimensions (e.g. achievement drive, creativity, desire for autonomy and internal locus of control) b. Discuss what the survey findings suggest you need to develop or improve? What factors (education, peers, family, experience) in your past or character may have led to these results. These should include negative and positive influences. 2. Personality […]

Questions: Your task is to answer a selection of tutorial questions from weeks 1 to 5 inclusive and give these answers. Week 1 Question Chan & Chow offer their clients a range of professional services, including: a. providing advice on accounting policies and accounting standards b. auditing annual financial reports c. providing assistance to management and the board in strengthening internal controls and corporate governance practices […]

Question: Seaside Medical Group Case Study Issues addressed in this case study include: Moving a physician group from fee-for-service towards a value-based focus Addressing physician compensation changes in a medical group Forming a multi-organizational clinically integrated network (CIN) Sharing finances in a CIN Governing and managing a CIN Providing the CIN’s infrastructure Establishing relations with payers and health systems  Assessing the situation  Seaside Medical Group […]

Question: Question: Learning Outcomes: 1.Demonstrate an understanding of the reporting requirements and auditing standards; 2.Demonstrate an understanding of the auditor’s professional, legal and ethical responsibilities to their clients and third parties; 3.Identify the elements of the financial report audit process; 4.Understand the audit planning procedures, evaluate the business risk and assess the internal control; 5.Prepare auditing procedures for transactions and balances by conducting control and […]

Questions: According to ASA 240 The auditor’s responsibilities relating to fraud in an audit of a financial report: ‘When identifying and assessing the risks of material misstatement due to fraud, the auditor shall, based on a presumption that there are risks of fraud in revenue recognition, evaluate which types of revenue, revenue transactions or assertions give rise to such risks.’ (https://www.auasb.gov.au/admin/file/content102/c3/ASA_240_Compiled_2019-FRL.pdf) Required: Write a letter […]

Question: Ethical Issue : 1. After you have read Dr. Martin Luther King Jr.’s “Letter from Birmingham Jail”: https://web.cn.edu/kwheeler/documents/Letter_Birmingham_Jail.pdf Discuss the difference between just and unjust laws as outlined by Dr. King. Include a quote from the portion of the letter in your text book that you determined best characterized just and unjust laws. Look for good ethical conduct as well as Bad ethical conduct. […]

Question: Topic: The critical analysis of a Australian company with audit issues which lead to its failur. Task details: Your group is required to choose a formerly listed failed Australian company that had audit issues. Critically analyse how the auditors failed to fulfil their duties and responsibilities. You must discuss at least three key audit issues that arose in the case such as auditors’ independence, […]

Question: Phi aril Lire are btenssted in buying a large Victcrian !lease Mich stands in 4 acres of land. The house itself ccoSsIs of He bedrooms nth an en-site b be master bedroom. a large buge,d room and shrty, ands fey fitted kitchen. There O also a farnty babrocrn. There is every largeccnservatcry looking out onto the garden. In be garden, which is lab exteresiely […]

Question: Background On 7 January 2009, the chairman of Indian IT company, Satyam Systems resigned as well as confessing to manipulating the accounts to the extent of approximately Rs 14,162 crore or US $1.04 billion. Your Task It is 1 July 2008 and you have just been appointed Head of Internal Audit at Satyam in India.  You have not previously worked for Satyam and on […]