Part - 1you are to reflect on how this case of china sky

Assignment Help Cost Accounting
Reference no: EM13346660

Part - 1

You are to reflect on how this case of china sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

Link for personal reflection

Http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1222404/1/.html

Part - 2

Topic is on corporate governance

Required: you must collect evidence on the reforms to corporate governance mechanisms in singapore. You must research this topic in order to understand the reforms. You must collect evidence from reliable sources and well you feel confident that you have a full understand you must choose the best evidence to upload.

Related question: for the reflection, you must relate how these corporate governance reforms will impact on the audit process, namely how it will affect the auditor requirement on gaining an understanding of the client.

Link for corporate governance:

https://www.businessinsider.com/new-corporate-governance-codes-to-shake-up-singapores-boardrooms-2011-6

Part - 3

Topic focuses on compensation paid to top executives. Listed companies are required to make certain disclosures in their annual reports about the compensation paid to their top executives. One reason for this is to help interested stakeholders assess performance of executives. It also helps executives and companies set appropriate compensation levels, based on what other companies in the same industry and/or of the same size are paying their executives.


Reflection related question

you are required to collect four annual reports of four listed australian companies in the same industry. Extract the information on executive remuneration and describe the data using graphs and tables. Your reflection must address the following questions

• how are the executives paid? (cash, bonuses etc)
• which companies executives are paid most and what is the range of pay?
• which companies executives' pay is most linked to the company's profit and/or share price performance?

Part -4

Overview of tests of controls, substantive procedures and sampling

required: collect evidence on the famous fraud in the united states in the 1930's of mckesson & robbins
Related reflection question:

Part a) write a short description of the case

Part b) make a list of defects in the company's system of internal controls that are relevant to the fraud and suggest audit tests that would have revealed these problems.

Part- 5

Research a company (can be from u.s, europe, canada, singapore, china or australia) where there has been a fraud detected in the trade receivables account.

Write a short summary on the background of the case (describe what took place -you should be able to explain it as such that a person not studying auditing should be able to understand) and how the fraud was uncovered.

Reference no: EM13346660

Questions Cloud

Many bank atm machines have recently added the ability to : many bank atm machines have recently added the ability to dispense cash with- drawals in multiple bill denominations
Case 1the diagram below shows a baffled tank with a six : case 1the diagram below shows a baffled tank with a six blade turbine agitatorfigure 1a is a side viewb is a bottom
Write a axis2 soap java web service that performs a : write a axis2 soap java web service that performs a bidirectional currency conversion for the subsequent currencies-
1-leadership is defined as the process of having dominance : 1-leadership is defined as the process of having dominance on group activities in order to realize the objectives. to
Part - 1you are to reflect on how this case of china sky : part - 1you are to reflect on how this case of china sky relates to what the arguments for and against allowing audit
Part 1 defination 1 globalization2 neoliberalism3 : part 1 defination 1 globalization2 neoliberalism3 geopolitics4 evil empire5 hegemonypart 2topics and include1
Question 1ebv is considering a 5m series a investment in : question 1ebv is considering a 5m series a investment in newco.possible structure ebv proposes to structure the
You are a manager in the investment industry whose role is : you are a manager in the investment industry whose role is to provide investment portfolio advice and managementto a
The role of hr in the 21st century is becoming increasingly : the role of hr in the 21st century is becoming increasingly vital. a significant claim in support of strategic human

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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