How the rule changed and what are things that changed

Assignment Help Auditing
Reference no: EM13488598

Required:

Discuss the following in your essay (approximately 1500words )

What each of the above actually refers to and what it means.

What is your view, giving a rational explanation to your view (you may use other sources to support your view, properly referencing). Why do you think that these measures were introduced?

Assignment

There are six points that is included from the bill

Discuss first three points what does it actually means? And discuss each points in each paragraph .As the first three points comes under pacific acceptance case, how did ASIC changed the rules of the audit and accounting. How the rule changed and what are the things that were changed and implemented now.

After that discuss 4th and 5th points what does it actually means? Discuss it in each paragraph. Talk about the AWA case and relate these points with AWA cases. How these things did came into effect in the auditing standard.

The last one is conclusion, your opinion on these five points.

Reference no: EM13488598

Questions Cloud

Describe what is the specific heat for the metal : It takes 51.0j to raise the temperature of an 11.4g piece of unknown metal from 13.0c to 25.0c. What is the specific heat for the metal
Compute the budgeted cash receipts for june : Prepare a cash budget in good form for June. Clearly show any borrowing needed during the month - Compute the budgeted cash receipts for June.
Compute the amount of cash in total : Compute the amount of cash, in total, which the company can expect to collect in May and compute the budgeted dollar amount of inventory which the company should have on hand at the end of April.
State what is the specific heat for the metal : It takes 51.0j to raise the temperature of an 11.4g piece of unknown metal from 13.0c to 25.0c. What is the specific heat for the metal
How the rule changed and what are things that changed : What is your view, giving a rational explanation to your view (you may use other sources to support your view, properly referencing). Why do you think that these measures were introduced?
Find how many units of angular momentum does it have : If you twirl a small 9.0-g wooden ball in a circle at 3.0 revolutions per second on a light 11-cm string, approximately how many units of angular momentum does it have
Compute the budgeted dollar amount of inventory : Compute the amount of cash, in total, which the company can expect to collect in May and compute the budgeted dollar amount of inventory which the company should have on hand at the end of April.
Explain both ends vibrates at resonant frequencies : A 1.6-m-long string fixed at both ends vibrates at resonant frequencies of 708 Hz and 1062 Hz, with no other resonant frequency between these values.
What is the distance of the object from the ship : A ship on the surface of the ocean receives a sonar echo back from an underwater object. What is the distance of the object from the ship

Reviews

Write a Review

Auditing Questions & Answers

  Internal audit

Describe and evaluate this type of internal audit. What types of organisation would it be most useful for?

  Accounting professional and ethical standards

Code of Ethics for Professional Accountants

  Prepare swag''s consolidated balance sheet

Prepare Swag's consolidated balance sheet

  Auditing and assurance

Notable operational challenges for 4X Heavy Ltd faced in 2012/2013 were but not limited to

  State of the company’s industry and associated risk factors

Audit partner is concerned about his lack of knowledge of the industry the company is operating in, state of the company's industry and associated risk factors

  Prepare a memo to the audit partner

Prepare a memo to the audit partner on the ‘state of the company's industry' and associated risk factors.

  Adjusting or non- adjusting events

State whether Event is adjusting or non-adjusting event.

  Audit financial data

As a consequence an accounts payable clerk and financial accountant were made redundant from the business during the year.

  Identify principal audit risk

To identify principal audit risk and corresponding audit procedures

  Auditing and assurance

Show the audit inherent risk and rate the risk as low, medium or high.

  National health reform

Explain the role of the following three 'bodies' in National Health Reform

  Prepare a memo on the state of the company''s industry

Prepare a memo on the 'state of the company's industry' and associated risk factors.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd