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Q. What is ordinarily the first step in the formation of a corporation?a. Development of by-laws for the corporationb. Issuance of the corporate charterc. Application for incorporation to the appropriate Secretary of Stated. Registration with the SEC
Auditor Further point to note is which modern companies can be exclusively large along with multi-national activities. So preparing accounts for that a group becomes a widely
What is audit planning
Necessity of Accountant The accountant is not necessary To expand his enquiries beyond the information enclosed in the relevant documents as supplemented through such e
internal control procedures to be put in place when purchasing a motor vehicle
Prepare a narrative describing the transaction cycle process for debt in a municipality.
Internal Control - Investment Whether a trading concern holds merely a few investments, there is unlikely to be any organized internal control systems particularly for those i
Limitation of Audit Evidence The quantity and quality of evidence is constrained through the following factors as: Absolute proof is not possible; Some assert
Types of audits So far we have tended to think in terms of the audit of limited companies, and indeed, the emphasis throughout this text will be on such companies incorporated
describe how the auditors would determine that all investments income from shares had been properly recorded in the accounting records
WHAT ARE THE MAJOR PROBLEMS INVOLVED IN THE USE OF A PERSONAL COMPUTER BASED PC SYSTEM BY A SMALL COMPANY
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