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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.
Regan Inc., was founded nine years ago by brother and sister Carrington and Genevieve Regan. The company manufactures and installs commercial heating, ventilation, and cooling (HVA
After carefully reading all the available information, prepare a two page (double-spaced) essay and answer the following questions: Assume that we have the following data: C=100+0.
Uncertainty and Safety Stocks Usually requirements may not be certain and thus the firm holds safety stock to safeguard stock out cases.The safety stock guards against delays
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
Disadvantages of Debt Finance It is a conditional finance that is it is not invested along with any approval of lender. Debt finance, whether used in excess may interr
We have 10.000 genes and 4.000 of them are annotated for a certain attribute of interest. a. If we have a single set of 10 genes, how many of them should be annotated to be cons
Earnings Method or Earning Basis Valuation By using the earning valuation method, a company will employ its P/E ratio to value its shares. P/E = MV/E MV = E x P
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The Balance Sheet of International Trade Ltd. as on 31/3/2008 is as under:- Liabilities Amount Assets
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