Case Study Of Rajendra K Goel & Company

Read the auditor’s report included in the annual report of the company and explain its purpose. Identify the name of the auditing firm.

In the final chapter of CompTIA Security + Study Guide eBook, it covers some great topics, key elements of implementation, support, and managing the security efforts in a company or organization. It’s important for IT Professionals to understand their role in a company/ organization. It’s also extremely important for them to understand the boundaries of security within that company/organization. Adopting best security practices while adhering to company policies will ensure that both parties are happy. There are many fines lines with security management.

Limitations of Research: Considering all the studies this paper also has limitations. Since Information security management is prominently growing area, the guidelines maybe unstable and quick changes can happen. However the loss can be overcome if the organization maintains its security policies in clear and update them timely.

This paper contains the summary of the details and results of the audit tests on

Due to increasing economic and financial growth, many types of audit have been incorporated throughout the development process of internal activities. Audits can be performed manually or they can incorporate technology. According to Hunton and

A company might decide to establish an internal audit department because an effective and independent internal audit department add values and improve effectiveness of risk management, control, and governance processes. It also helps prevent and detect the frauds.

The company should hire it’s own internal auditor’s to ensure that the staff understand the company’s accounting procedures. This also helps the external auditor as it give the external auditor another viewpoint when assessing fraud risks. The internal auditors are apart of those charged with governance and that helps take the pressure off of the external auditor if a fraud should be discovered.

Abstract- Tata Group, was founded by Jamsetji Tata in 1868 this group is India’s most respected institutions today. Tata Sons Limited holds major share of Tata Group which is a conglomerate. In this study we will look into how Tata Consultancy Service Ltd which is one of its conglomerate has risen to be one of the best in India.

Other main actors include the Managing Director, Finance Department, Operations Department, Software programming company, and the customers as the users of the refund system. These actors had different goals and interests, various kinds of resources and challenges, along with different tasks which are showing in the below table for the understanding of the case. By this case it could identify the failures which occurred throughout the project designing and implementation process, as well as the involvement of the various actors to the implementation of the

Hi. This video is an attempt to explain what kind of information does NOT constitute a trade secret. The case in point here between Star India Pvt. Ltd vs Laxmiraj Seetharaman Nayak and ANR.

Internal auditing is an independent objective assurance and consulting acitivity designed to add value and improve an organizations operations.

Internal auditors cannot effectively provide an analysis on the company’s internal dealings as they are part of the company. External auditors, however, can observe these processes from the outside and then determine where the funds of the company and whether the dealings adhere to the regulations. Using external auditors in a company prevents conflict of interest from happening. Conflict of interest is a situation where an individual or organization has multiple interests and of those multiple interests, one could possible corrupt the motivation for an act on the other when the auditor has any kind of beneficial interest in their client’s performance. In other circumstances, there is also the threat of familiarity where auditors become

According to the Institute of Internal Auditors (IIA), (2011), the internal auditing is a team of consultants, a department and a division or other practitioner which independent, have objective assurance and conduct a consulting activity which is designed to add value and improve the organization operations. The internal auditor can help an organization in achieving its objectives by bringing a discipline and systematic approach in order to improve and evaluate the effectiveness of risk management, control and governance process.

The role of internal audit is to provide independent declaration that an organization’s threatadministration, governance and internal control processes are functioning effectively. Internal auditors deal with concerns that are essentially important to the existence and success of any organization. Unlike external auditors, they aspect beyond financial possibilities and statements to reflect wider problems such as the organization’s reputation, development, its power on the location and the approach it treats its organizations.In summary, internal accountantssupport organizations to thrive.

This article initiates with the introduction on what is audit planning. It basically addresses the audit plan strategy of K & S Corporation limited’s Financial Statements. Being an external auditor of the company, key factors to be considered in auditing the financials of the subject company have been discussed in the article. The most significant accounts at risk being materially misstated have been critically examined citing the possible risks associated with such accounts. Last but not the least, the article concludes with recommendations with respect to audit assessment plan of the company. Hence, this article seeks to act as a ready reckoner guide for an audit manager in audit planning of K & S Corporation Limited.