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Solutions to the conflict - Relationship between Auditors and Shareholders
1. Firing
The auditors may be detached from office at the AGM via the shareholders.
2. Legal action
Shareholders be capable to institute legal proceedings against the auditors who question misleading reports leading to investment losses.
3. Disciplinary Action - ICPAK
Professional bodies have disciplinary methods and measures against their members who such are comprised in un-ethical practices. Hence disciplinary actions may comprise of:
4. Employ of audit committees and audit reviews.
Types of Partners 1. General Partners -Unlimited active and liability in participation in partnership activities. 2. Limited partners - Limited liability in the management of
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Broker - Stock Market 1. A dealer on the market who that sells and buys securities on behalf of the public investors. 2. And he is an agent of investors 3. He is t
BalanceSheet format
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Incentive Problem and Consumption of Perquisites Incentive Problem Managers may have fixed salary and they may have no incentive to work hard and maximize shareholders weal
models of solving externalities in 1) external sector 2)private sector
Example of NPV Method Resolution limited intends to purchase a machine worth Shs.1, 500,000 that will have a residue value Shs.200,000 after 5 years helpful life. The saving
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