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Question: Your audit firm has been commissioned by SPT Limited (SPT) to provide various services. For each of the services described in a - e, indicate:
(i) the type of engagement the service would constitute, and
(ii) the level of assurance (if any) that may be provided for the service.
a) Assess whether the entity demonstrates a commitment to integrity and ethical values, and considers the potential for fraud in assessing risks to the achievement of its objectives.
b) Assess the interim financial information of a listed company.
c) Evaluate the accuracy of the company's accounts receivables by agreeing schedule of major customers with corresponding names and amounts in the trial balance.
d) Evaluate the success of the Engaging staff in a sustainable and healthy work environment initiative introduced in the company in the last year.
e) Assess the company's adherence to its reporting obligations under the National Greenhouse and Energy Reporting Act 2007.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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