A checklist outlining the documentation and steps needed to provide approvers and auditors with complete details for ensuring the reasonableness and accuracy of journal entries.

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Amidst the maritime industry's stringent safety regulations, the Internal ISM Auditor Micro Credit Course aims to equip participants with the necessary auditing skills to ensure compliance with the ISM Code. This course delves into the importance of internal audits for ship safety, emphasizing the s

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Accountants and auditors play a crucial role in public financial management, especially in the face of global challenges like COVID, climate change, and conflict. The PEFA framework provides a comprehensive analysis of Public Financial Management (PFM) performance, assessing its impact on key budget

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Project led by Gunilla Eklöv Alander delves into assessing security in corporate governance without an internal audit function. The study examines various professions contributing to digitalized internal control environments and analyzes the traditional division of responsibilities between internal

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This document outlines the financial reporting and auditing procedures followed by the Governor's Office of Elderly Affairs (GOEA). It includes details on monthly, quarterly, and annual financial reports, budget approvals, audit reviews, funding history, and specific requirements for various program

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The Companies Act mandates specific provisions related to audit, including the appointment of auditors, consent, certificates, and rotation requirements. Companies need to appoint auditors timely, obtain consent and eligibility certificates before appointment, and adhere to mandatory auditor rotatio

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In preparation for the year-end activities in July 2023, this briefing covers important topics such as financial reporting, tax updates, and self-assurance. The agenda includes discussions on Deloitte's second year as auditors, challenges faced, and improvements made for the upcoming audit. Timetabl

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Certima's 2024 customer survey reveals positive feedback with an overall service score of 8.92. Customers from various countries provide feedback on Certima's services and auditors. The majority of reviews were submitted in December 2023 and January 2024, highlighting satisfaction and strong agreeme

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Exploring the significance of Sections 143(9) and 143(10) of the Companies Act, 2013, and their implications on active regulators, worried investors, and normal auditors. The session delves into defending past audits, highlights auditing standards in India, and provides insights into regulators' obs

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Review authoritative guidance for audit sampling and the potential for external auditor reliance on internal auditors. Understand and apply concepts related to audit sampling to project results with certainty. Available reference materials include AICPA Codification of Statements, AICPA Audit Guide,

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Effective reporting in auditing involves identifying grey areas, exercising due professional care, detecting material misstatements, and ensuring corporate governance. Auditors must be vigilant, apply their skills diligently, and provide reasonable assurance to stakeholders. Corporate governance pla

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In the Tax Audit Report under the Income Tax Act, Clause 44 has become mandatory from April 2022 onwards. This clause requires detailed reporting of various expenditure and payment details related to GST-registered entities. The provision was kept on hold till March 2022 due to the pandemic, but now

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Quality audit in a limited time frame is a key challenge faced by auditors in the banking sector. Proper audit planning is critical to ensure the quality of audit and provide value addition. CA Nayan R. Kothari emphasizes the importance of striving to do our best in addressing these challenges.

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This presentation at the National Association of Construction Auditors' virtual conference focuses on helping clients grasp the key objectives and processes of Guaranteed Maximum Price (GMP) audits. Dave Potak, a seasoned professional, will share insights on managing client expectations, best practi

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The financial reporting journey from FY2022 to FY2023 highlights improvements recognized by auditors alongside ongoing concerns regarding data integrity and cash balances. The focus for FY2023 includes reconciling data, sunsetting accounts, and addressing out-of-balance issues that need resolution.

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CARES Act Funding Compliance Requirements provide guidelines for organizations receiving federal funding under the CARES Act, specifying audit requirements and uniform guidance to ensure financial accountability. This includes details on types of funding, responsibilities of schools and auditors, Ch

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This content provides details on the 2022 Financial Audit Manual update, focusing on significant changes to GAO/CIGIE FAM Volumes 1 and 2. It covers key amendments, revised examples of engagement letters, and communication requirements for auditors. The update also highlights changes in AU-C standar

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Explore the essential aspects of auditing insurance companies, covering relevant topics such as corporate governance guidelines, appointment of auditors, rights and duties of branch auditors, internal control systems, and reporting requirements. Gain insights into the legislative framework, audit pr

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The Otay Mesa Enhanced Infrastructure Financing District Public Financing Authority meeting held on June 13, 2022, discussed various agenda items including audit responsibilities, financial statements, upcoming GASB pronouncements, and audit standards. The responsibilities and deliverables of the au

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The roles and responsibilities of county commissioners, clerks, auditors, and the board in Idaho entail a variety of duties such as managing budgets, recording board proceedings, overseeing elections, enacting ordinances, and more. Commissioners serve as the executive, legislative, and quasi-judicia

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Amidst a surge in auditor resignations at listed firms, a total of 204 companies saw auditors stepping down between January 1, 2018, and July 17, 2018. The trend continued with 32 auditors resigning in the last 5 months, shaping an alarming pattern in the financial sector. Key players like Price Wat

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Corporate failure in Ghana is characterized by discontinuation of company operations due to poor management, incompetence, and bad marketing strategies. This leads to an inability to generate sufficient revenue to cover business expenses. The lecture by Dr. Seddoh outlines the basic symptoms and cau

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This content provides insights into Internal Financial Controls (IFC) and its significance in ensuring efficiency, fraud prevention, accuracy in accounting, and timely financial reporting. It also delves into regulatory mandates under the Companies Act of 2013, specifying requirements for auditors'

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This comprehensive guide covers the provisions, objective, and important terms related to reporting under Rule 11(g) of Companies (Audit and Auditors) Rules, 2014. It discusses the importance of maintaining proper books of accounts, introduces the concept of audit trail, explains crucial terms like

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Latest statistics and updates from the Road Safety Audit Seminar held in May 2018, covering a comprehensive overview of 17 years of road safety audit data, including the number of auditors registered, team leaders, active auditors, completed audits from 2010-2017, and updates on the latest standards

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This document provides a detailed guide on the Key Access Services Audit Process, including key steps for certifying signatories, assigning Key Auditors, and completing Key Audits. It covers processes for assigning auditors to departments, completing audits, and verifying audit results. Instructions

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The presentation by Martin Rubenstein, the Chair of the Board of External Auditors, outlines the responsibilities, membership, and mandate of the board in conducting external audits of the financial accounts of the OAS. Key findings and recommendations regarding accounting practices, liquidity issue

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Wirecard, a once prominent German technology company, faced a scandal involving financial misreporting, resulting in arrests of top executives and eventual insolvency. Allegations of money laundering surfaced in 2016, leading to investigations and whistleblower reports. In 2020, the company's inabil

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Understanding the auditing standards and requirements for financial statements audits in the Wisconsin Department of Public Instruction, including the role of management, statements on auditing standards, independence criteria, technical training needed for auditors, and services performed by indepe

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This session explores the attributes that distinguish GOOD and EXPERT auditors, allowing participants to rank their importance. A comparison with a U.S. study will be conducted, and a catchphrase identifying essential auditor traits will be developed. Attributes such as creativity, judgment, knowled

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Explore the discussions and insights shared during the PCAOB's Investor Advisory Group Working Group on Going Concern, including a review of the history, current survey findings, recommendations, and the 10-year anniversary of Sarbanes-Oxley Act. Key topics such as regulatory oversight of auditors,

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The recently issued SAS 132 supersedes SAS 126 and focuses on auditors' evaluation of the entity's ability to continue as a going concern. It outlines the objectives, changes required, evaluation period, addressing significant delays in issuance, and reporting on the use of going concern basis of ac

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The CHSC Auditor Orientation cycle from January 1, 2011, to December 31, 2015, outlines the qualifications and responsibilities of auditors within the CHSC organization. Auditors are required to uphold the integrity of the designation, conduct audits in a fair and transparent manner, and follow spec

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The Road Accident Fund (RAF) is appointing a panel of internal auditors to service all divisions and provinces for a three-year period. The RFB includes details on the briefing session, background, scope of work, timelines, bid evaluation, pricing schedule, and submission requirements. The RAF's man

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This study conducted at Kwame Nkrumah University of Science & Technology, Kumasi, Ghana, explores the causes of corporate crises in Ghana and the roles played by auditors and accountants. The research aims to identify common business areas contributing to corporate crises and internal factors leadin

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A detailed overview of the eligibility criteria, qualifications, and disqualifications for auditors as per Section 141 of the Companies Act, 2013. It covers the requirements for appointment, restrictions on rendering certain services, holding interests in the company, indebtedness limits, business r

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Explore the fundamentals of Scrum methodology tailored for auditors, enabling impactful teamwork, accountability, and transparency. Discover key terminology, roles, and processes to streamline project management and achieve audit objectives effectively.

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The SASSE Fall Election 2023, presented by The Election Committee, saw 682 votes cast, reflecting a decrease from the 2022 election. The Order of proceedings included various committee positions and leadership roles. Key results include votes for Internal Auditors and Ordinary Council Members, with

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The report presents the management response to the Board of Auditors' findings for the year 2018 at UN-Women. It details the audit recommendations, their implementation status as of January 2020, and key findings such as procurement planning compliance, project procurement planning improvements, and

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Gain insights into MDIA's tech certification regime, including guidelines for Innovative Technology Arrangements (ITAs), registration processes, and engagement with Systems Auditors. Learn about ITA recognition, application stages, and key information provided by MDIA guidelines. Contact MDIA for pe

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