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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.
Trial and Error Method a) Select any rate of interest on random and employ it to compute NPV of cash inflows. b) If rate selected produces NPV lower than the cost, want a l
The Balance Sheet of International Trade Ltd. as on 31/3/2008 is as under:- Liabilities Amount Assets
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why i cant found date for mmmfs like total asset or number of share or return ???? i search alot and i found words instead of number
Describe the role of insurance companies. Role of Insurance Companies: The main objective of insurance companies is to prevent individuals and firms (termed as policy-hol
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