Anne Aylor Case Essay

Different materiality bases are considered when determining planning materiality because the magnitude and nature of financial statement misstatements or omissions have different influences on different financial statement users. For example, investors are more interested in the accuracy of numbers involving net income because they are mainly concerned with the company’s ability to increase shareholder wealth. For an audit company, the primary concern when planning materiality is to take into account all expected financial statement users. These different expected users all have different

Throughout history, there have been many different events that show the very dark side of humanity. The people involved in these horrific incidents can range from a single perpetrator, group and even in some instances the government of said country. But, for every bad person there are two good people. In every horrific event, you can always find people who are doing everything they can to help others. Whether it be traveling to the affected area to lend a helping hand or working from where they are to make sure aid and items that are needed get to where they need to be. The world will never run out of good people no matter how dark it might get.

The events recounted in Anne Frank’s Diary took place during World War 11. By 1933, the strongest party in Germany had gained ultimate power with Hitler under their command. Hitler was Germany’s dictator who spread his gospel of racial hatred through politics. While poverty and unemployment were at an all time high he launched a campaign of anti-Semitism. Hitler’s main target was the Jews, claiming that they were “racially inferior.” He developed an idea of a Master Aryan Race, the need to rid Germany of “inferior people”, such as Jews and Gypsies, and the need to expand Germany’s borders. In doing this, he caused many Jews to abandoned their homes and go into total isolation. The Frank family

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How would you feel if you had to go into hiding for 2 years? Anne Frank had to go into hiding with her family, the Van Daan family, and Mr. Dussel. They all were in a small annex above Mr. Frank’s old business. As you can imagine there were a lot of fighting and at the end Anne still said “In spite of everything, I still believe people are really good at heart.” I agree with Anne because everything they all went through in 2 years: people stealing food, fighting almost everyday, and families almost getting thrown out of the annex, she still believed that people were good at heart. The reason I agree with Anne is that she was trying to change even though people were mean. At least she was trying to fix her attitude unlike others. Although I can see why other people would argue that some people are bad at heart, because Mr. Van Daan and his selfishness, and greediness.

Jews have perished because of their beliefs since the beginning of time but never have so many Jews been persecuted worldwide as they were in World War II. Anne Frank’s diary reaches a place within all of our hearts because it reminds us how easily the innocents can suffer. Sometimes we may choose to close our eyes or look the other way when unjustifiable things happen in our society and Anne’s tale reminds us that ignorance, in part, claimed her life. Sadly, her story is but one of many of those who died in the Holocaust and as with other Jews, her fate was determined by the country she lived in, her sex and her age.

The purpose of this memo is to document the planning of the financial statement audit

Evaluating the Reasonableness of the Accounting Estimates, and Determining Misstatements: the auditor shall evaluate, based on the audit evidence, whether the accounting estimates in the financial statements are either

Are people aware of their own good nature, are others aware of their good nature? Anne Frank’s statement, that people are truly good at heart, is true.The current generation and the past generation has had its faults, it’s troubles and events. For instance, the Holocaust and the recent Florida school shooting. Yet, there is always good in the world, no matter the tyrant. People will sacrifice their own for others. They have the ability to change their mind from the worst, to the best. Deep down, everyone cares for something.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate (Louwers & Reynolds, 2007). We believe that the audit evidence obtained is sufficient and appropriate to provide a reasonable basis for our opinions.

The auditor should consider planning materiality. When a financial statement account exceeds the planning materiality, that account should be considered significant for both the audit of internal control over financial reporting and the financial statement audit. The more the account exceeds planning materiality, the greater it should be considered significant.

| The objectives are (1) audit of KCN’s financial statements for the year ended 12/31/05, and (2) issuance of a letter on compliance with covenants of the client’s letter of credit agreement.

|Develop Audit programs for the substantive audit procedures for the balance sheet and income statement |35 |

In this report the proposed solution is based on sustainability of the work that has been done by Anne Mulcahy to turn the company around. To continuously improve the company by utilising the balanced scorecard of strategies, implement innovative continuous improvement projects, Xerox to set up an innovative continuous programme office, to ensure that proper Total Quality Management (TQM) characteristics are in place and to implement seven key cross-functional business

comparison I can think of is when I moved to middle school. I was the