(2) Where in private practice he served as lawyer in the matter in controversy, or a lawyer with whom he previously practiced law served during such association as a lawyer concerning the matter, or the judge or such lawyer has been a material witness concerning it;
The aim of this report is to develop an audit plan using the 2007/2008 annual reports of the WesFarmers. This report will provide an understanding of the underlying concepts of an overall audit strategy. This strategy will bring forward the direction and scope of the WesfFarmers audit plan. This report will address five major points these are as follows:
Describe how you would conduct the audit process, incorporating the analytical procedures you would use to investigate selected business transactions?
(3) Please explain why the parties are not referred to as the ‘plaintiff’ and the ‘defendant’?
Client must be honest and legit. Attorney will advance all "costs" in connection with Attorney's representation of Client under this agreement. Attorney will not settle Client's claim without the endorsement of Client. Client may release Attorney whenever by composed notice. Attorney may withdraw at any time as permitted under the
potential conflict concerns and interests – the involvement of the profession in complaint proceedings against lawyers, or paralegals, however well-intentioned and fair, would always be suspect because
LCC has conducted an audit of Apollo Shoes, Inc. balance sheets, the retained earnings, cash flows, and other related statements of income for the year ended December 31, 2006/2007. Apollo Shoes Inc management is responsible for maintaining the effective internal controls that goes along with the financial statements and how well the accuracy is going to be. LLC has evaluated the effectiveness of the said controls and with everything to see the relevance in the timing, the substantive in quality, and the comprehensive in nature. The responsibility of our firm is to express an opinion that is supported by audit evidence in
"The lawyer's situation is different from that of other professionals. The lawyer is vulnerable to some moral criticism that does not as readily or as easily attach to any other professional." This statement acknowledges that lawyers are faced with a variety of issues that many other professional do not have to cope with. Wasserstrom also considers the fact that in many situations lawyers have the optional ability to remove themselves form issues that may contradict their individual ethics. "Having once agreed to represent the client, the lawyer in under an obligation to do his or her best to defend that person at trial." With in the process of contracting a lawyer, the lawyer has the option of acceptance or refusal of representing the client. Therefore the lawyer can asses the case and decide if it violates any of their own individual ethics.
The aim of this discussion is to explain how an auditor goes about the process of auditing financial statements and presents the five basic stages that the auditor performed during the financial statement audit at Maryward Primary School in Kwekwe for the year ending 31 December 2012. In order to be in a position to fulfil auditing responsibility to report on the client’s annual financial statements, the auditor followed a series of procedures and activities as required by the auditing profession. The auditor applied the following audit stages: pre-engagement activities, planning, test of controls, substantive procedures, completion and reporting.
JPMorgan Chase Bank is a publicly traded company and uses an external-independent auditing firm, PricewaterhouseCoopers LLP, to provide an annual audit. JPMorgan
There is an ongoing debate over whether or not lawyers should act as zealous advocates of a client’s goals. While there can be many definitions of zealous advocates, for the purposes of this paper they are defined as “legal agents” and merely vehicles through which the client achieves his or her ends [Farrow, 2008, p. 63]. Based on our readings and class discussions, I have come to realize that this form of advocacy has both its merits and downsides. Zealous advocacy does not seem to be an inherently bad thing, thus I don’t think it should be completely abandoned. It can, however, conflict with the responsibilities and obligations of legal professionals. While lawyers should advocate for their clients, they should not always do so zealously.
• Directing appropriate attention to the different areas of the audit such as assessing materiality, so that when the detailed audit plan is prepared, audit procedures can be directed towards the material amounts.
| |Check sales invoices against the sales journal to confirm they have been recorded on the|
As a Team Leader, you are responsible for encouraging team members to participate in continuous improvement activities. You also need to ensure that your team is informed of any changes or improvements to the way their work is done.
When engaged in auditing a public firm, such as Apollo Shoe Inc., an auditor must determine when to trust in the company’s internal controls and when to ascertain auxiliary testing methods are obligatory to analyze control risks. The sales and collection cycle is rather a substantial fraction of the audit because this unique segment employs a multitude of documentation and records ranging anywhere from customer and sales orders, shipping documents, credit memos, and general journal entries; therefore, a working