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1. How do you protect yourself against the claims that you have not audited the system development life cycle thoroughly?
2. What does a systems analyst do?
3. Who should determine the priorities in system development? For instance, who should determine whether the computerization of "accounts payable" or "warehouse operations" comes first? Accountant? Auditor? IT personnel? or Who in management?
4. What should an auditor do if he is invited to participate as a programmer (assuming he is knowledgeable in programming) in the system development life cycle? Should he accept or decline this offer? What would happen if accepts the offer?
5. What are the roles of an auditor in the system development process?
6. Why should an auditor know how a computerized accounting system is developed
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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