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Determine about the Systems based audit
Systems based audit is useful as it would help identify risks within the processes in an organisation and review how adequate the controls are which mitigate these risks. This will help in achieving businesses main objectives as processes will be in line to operate efficiently and effectively after such an audit.
Assume Main Street Store’s Net Sales in 2010 were $1,000,000 and it’s Net Income in 2010 was $17,000. Thus, between 2010 and 2011 Main Street Store’s net sales increased 20%. Durin
Explain the re-measurement and translation process within FASB 52 of translating into the reporting currency the books of a completely owned affiliate that keeps its books in the l
The Chinese Pension Fund System Mainland China has a rapidly aging population. This is attributable to two main factors - the one-child policy plus substantial improvements in l
Q. Define Double-Entry Bookkeeping? Double-Entry Bookkeeping - Method of recording financial transactions in that every transaction is entered in two or more accounts and inclu
Determine the factors of Large organisations - Greater efficiency and productivity achieves economies of scale - Easier to manage, organise and control workers through hie
What is an LBO? What are the risks for the equity investors and what are the potential rewards? A term leveraged buyout is a purchase of a publicly owned corporation through a s
define matching principle of working capital financing
The option features embedded in many bonds and fixed-income securities have made the binomial interest rate tree approach a valuable model for pricing debt. Binomial
Securitization is a financial innovation born out of the necessity the savings and loan associations of the United States of America face to save themselves from im
Q. Risk of default influence the rate of interest? The bank offering the loan to Blin will make an assessment of the risk that the company might default on its loan commitments
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