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1. From the Key Players: Why is it important for the auditor to report to the audit committee?
2. If the CPA auditor's spouse is a senior manager at the company to be audited, does the auditor have independence
3. What is the PACOB and why is it important for CPA's?
4. Give an example of an Audit firms systems of quality control.
5. What if an auditor does not have experience in a particular industry, should they take a class and then accept the audit?
6. What if the potential client doesn't want the new auditor to communicate with the previous audit firm? Is this a potential risk?
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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