Audit risk evaluation and planning materiality for the audit of “2016 Annual Report” Toshiba Corporation A. Introduction The auditor must assess client risk and perform audit planning after accepting client engagement. The assessment includes understanding the client, identifying factors impact the risk of a material misstatement, performing a risk and materiality assessment and developing an audit strategy (Moroney, Campbell, & Hamilton, 2014). This essay will discuss what the inherent risk…
producing the greatest good for the greatest number of people does not necessarily always mean it’s the best way to benefit the most people. In this case the coach is wrong because to benefit the most people, a manager will put the athlete’s health at risk from safety. This is regarded as unethical. Justice distributes benefits and harm in a fair way (Waddell, Jones and George 2013) by giving what each person deserves. The athletes being able to withdraw but faced with a financial penalty is…
performance data from outside a country, along as it is ensured that PII is not involved. Maintaining local management of data is favorable, but if it is not possible the next best thing would be to limit data transfers to different countries. The main risk associated of this is when a company can’t track its data; if a company utilizes a cloud server as it moves from country to country. A work around this would be to have an EU-specific or country specific…
The outlook of a traditional or future view that contrasts in texts displaying their differences in innovation. In both Inherit the Wind and Vanya and Sonia and Masha and Spike exhibit how one believe more in a conservative view of going back to how certain things were. The other believe in a more open-minded view on moving forward rather than back. Especially in text Vanya speak on how people communicate and what was do as enjoyment. Which Inherit the Wind have dialogue being more progressive…
Focusing on the primary level on violence prevention, the goal of my intervention is to help prevent onset of violence within children before they reach they at risk ages where they become more likely to commit a violent crime. I will do this by reducing the exposure to violence children experience, thus, reducing the occurrence rate of violent acts among today’s youth. To go about this, I will begin by reaching out to College Park Academy (CPA), a blended middle-high school, in Prince George’s…
There are several situations or risk areas where negotiation may be required due to the dynamics of project management, as both are inevitable. In general, conflicts occur when there are different views or ways to do something. While, the goal may be same, conflict can cause situations where reaching that goal is not the same. There are some cases where goals may be completely different. Some examples of conflict in project management are deciding what vendors to use or the use of…
liquidity risk since they cannot be easily converted to cash at a time of need. Liquidity risk may lower the value of certain assets or businesses due to the increased potential of capital loss. Therefore, high liquidity risk could cause TCL suffer huge lose. Operational risk. Operational risk summarizes the risks a company undertakes when it attempts to operate within a given field or industry. Operational risk is the risk not inherent in financial, systematic or market-wide risk. It is the…
developed based on the Theory of Triadic Influence. Meeting four and five aims to reduce the participant intrapersonal risk factor while enhancing intrapersonal protective factors. Meeting six and seven aims to reduce social and situational risk factor and how to enhance social situational protective factors. Meeting eight and nine aims to reduce the cultural and environmental level risk factors and enhances the protective factor. The last meeting is a review, evaluation,…
The Dodd-Frank Act was a piece of legislature passed by the Obama administration in 2010. This act is formally known as the Dodd-Frank Act Wall Street Reform and Consumer Protection Act. This piece of legislature was a response to the financial crisis of 2008. The Dodd-Frank Act at the time of passing consisted of 2,307 pages, 16 titles and 540 sections of law. This piece of legislation was named after Senator Christopher J. Dodd and Representative Barney Frank who had endorsed this act. This…
Sanderson Farms, Inc. is a fully integrated poultry processing company engaged in the production, processing, marketing and distribution of fresh and frozen chicken and other prepared food items (Sanderson Farms, 2016). The company was founded in 1947 and was incorporated in 1955. This great organization has grown to become the 3rd largest poultry producer in the United States. The company as a whole processes and produces more than 9 million chickens per week that gets shipped out for sale to…