OC486946

Wilfrid Laurier University

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WLUBU547Helena KeirsteadSummer

BU547- Final Exam Guide - Comprehensive Notes for the exam ( 31 pages long!)

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30 Nov 2017
0
Opening balances: fsi is moving from a ntr to a review engagement and is adopting aspe for the first time. With respect to opening balances, we will ha
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WLUBU527Keith WhelanSummer

BU527- Midterm Exam Guide - Comprehensive Notes for the exam ( 15 pages long!)

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6 Oct 2017
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Recommendations: many of the severance payments are being made to individuals who are already wealthy. It is important the company distributes the pack
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WLUBU547Helena KeirsteadSummer

BU547- Midterm Exam Guide - Comprehensive Notes for the exam ( 31 pages long!)

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5 Oct 2017
0
Opening balances: fsi is moving from a ntr to a review engagement and is adopting aspe for the first time. With respect to opening balances, we will ha
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WLUBU557Ling ChuSummer

BU557 Lecture Notes - Lecture 2: Tax Shield, Child Care

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14 Sep 2017
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WLUBU557Ling ChuSummer

BU557 Lecture Notes - Lecture 1: Treasury Stock, Gain Capital

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14 Sep 2017
0
It will get rid of these accounts when a public company buys a ccpc: defer taxation, involuntary disposition vs. Voluntary disposition: the capital gai
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WLUBU547Helena KeirsteadSummer

BU547 Lecture Notes - Lecture 7: Purchase Order

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14 Sep 2017
0
Purchase order: purchase requisition who needs something, to request the goods that you need, sometimes there is an ordering limit, it is done by the u
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WLUBU547Helena KeirsteadSummer

BU547 Lecture 2: ASAP LTD

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14 Sep 2017
0
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WLUBU547Helena KeirsteadSummer

BU547 Lecture Notes - Lecture 4: Audit Risk, Financial Statement, Gross Margin

OC4869465 Page
14 Sep 2017
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From: harford & harford llp audit senior, ca. The bank is eager to see their financial statements, so need to begin january 2006. Prepare the audit pla
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WLUBU547Helena KeirsteadSummer

BU547 Lecture 1: Fire in the Sky

OC4869461 Page
14 Sep 2017
0
Opening balances: fsi is moving from a ntr to a review engagement and is adopting aspe for the first time. With respect to opening balances, we will ha
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WLUBU547Helena KeirsteadSummer

BU547 Lecture Notes - Lecture 6: Canadian Imperial Bank Of Commerce

OC4869461 Page
14 Sep 2017
0
Weakness: a major control weakness is the ability of salespeople to edit invoices the same day. Implication: allows for potential unethical behaviour a
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WLUBU547Helena KeirsteadSummer

BU547 Lecture Notes - Lecture 9: Inventory Turnover, Audit Risk, Crazy Eddie

OC4869463 Page
14 Sep 2017
0
Abr = cbr + ar (ir x cr) Cbr is considered a medium-high because despite all factors identified above, the business appeared to be doing quite well. Co
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WLUBU547Helena KeirsteadSummer

BU547 Lecture Notes - Lecture 10: Ias 39, Financial Instrument, Laser Cutting

OC4869465 Page
14 Sep 2017
0
This will increase the inherent risk: poor control issues regarding following up with manley mann. Increase in c/l showing a need for short term financ
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WLUBU547Helena KeirsteadSummer

BU547 Lecture Notes - Lecture 8: Price Gouging, Internal Audit, Purchase Order

OC4869464 Page
14 Sep 2017
0
The key controls for each of the business functions: (1) authorization of purchases (2) processing vendor master file changes (segregated function) (3)
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WLUBU547Helena KeirsteadSummer

BU547 Lecture 3: Enron Case

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14 Sep 2017
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WLUBU547Helena KeirsteadSummer

BU547 Lecture Notes - Lecture 5: Financial Statement, Late Fee, Revenue Recognition

OC4869464 Page
14 Sep 2017
0
Role: ca, audit senior in a mid-sized professional services firm. Required (writing memo to engagement partner) (1) identify and comment on accounting
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WLUBU537Brent KortikoSummer

BU537 Lecture Notes - Lecture 1: Control Risks, Accrual

OC4869464 Page
14 Sep 2017
0
Case notes: the bia membership agreement fee, all items before september 30, 2014, [note 1] the 1,015 will be added to total amount collected to sales
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WLUBU527Keith WhelanSummer

BU527 Lecture Notes - Lecture 11: Financial Statement

OC4869461 Page
14 Sep 2017
0
Problems identified: each unit created its own financial statement, but the problem was many of the statements were incomplete and had items that could
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WLUBU527Keith WhelanSummer

BU527 Lecture Notes - Lecture 8: Collegehumor

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14 Sep 2017
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WLUBU527Keith WhelanSummer

BU527 Lecture 2: Kooistra Autogroep Case Summary

OC4869461 Page
14 Sep 2017
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Some departments did not meet the budget due to external factors: the sales bonus that was offered to sales people; were not offered to everyone. Recom
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WLUBU527Keith WhelanSummer

BU527 Lecture Notes - Lecture 5: Southern California Edison

OC4869461 Page
14 Sep 2017
0
Problems identified: the increased population and economy resulted in a strong demand for electricity that could not be met by the supply that was offe
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WLUBU527Keith WhelanSummer

BU527 Lecture Notes - Lecture 4: Maximum Cut, Customer Satisfaction, The Incentive

OC4869463 Page
14 Sep 2017
0
15 percent bonus pool will be divided into 3 portions. Investment calculation promotes decreasing cash and reducing inventory. All 82 places are divers
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WLUBU527Keith WhelanSummer

BU527 Lecture Notes - Lecture 1: Severance Package

OC4869461 Page
14 Sep 2017
0
Recommendations: many of the severance payments are being made to individuals who are already wealthy. It is important the company distributes the pack
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WLUBU527Keith WhelanSummer

BU527 Lecture Notes - Lecture 6: Puente Hills

OC4869461 Page
14 Sep 2017
0
Problem identified: there is not much loyalty with the employees at toyota. A lot of the individuals are here for the amazing compensation the company
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WLUBU527Keith WhelanSummer

BU527 Lecture 9: Axeon Case Summary

OC4869461 Page
14 Sep 2017
0
Ian is impatient and he is a huge contributor to the success of hollandsworth ltd but is threatening to leave. Also, a key quality of him was being mot
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WLUBU527Keith WhelanSummer

BU527 Lecture Notes - Lecture 10: Piper Aircraft, Control Risks

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14 Sep 2017
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WLUBU527Keith WhelanSummer

BU527 Lecture 7: Don Russell Case Summary

OC4869461 Page
14 Sep 2017
0
Don russel case summary: don noticed the accounting was extremely aggressive at eti and a correcting entry should be made but this would put the compan
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WLUBU527Keith WhelanSummer

BU527 Lecture 3: Patagonia Case Summary

OC4869461 Page
14 Sep 2017
0
Increased competition from other competitors that resulted in providing products at a rate below cost: limited their growth and preferred minimal to lo
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WLUBU486John YoungWinter

BU486 Study Guide - Final Guide: Financial Statement, Virtual Private Network, Intrusion Detection System

OC48694619 Page
21 Apr 2017
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WLUBU477Helena KeirsteadWinter

[BU477] - Final Exam Guide - Ultimate 49 pages long Study Guide!

OC48694649 Page
29 Mar 2017
0
Management, bank, other potential users of fs, other investors, staff responsible in preparation. Auditors is expected be independent of management. Wh
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WLUBU477Helena KeirsteadWinter

BU477 Chapter Notes - Chapter 9: Audit Evidence, Internal Control, Test Data

OC4869467 Page
26 Feb 2017
3
Identifying risks helps auditor determine appropriate types and amount of evidence needed to satisfy the judgement of stated f/s. Look for potential ri
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WLUBU477Helena KeirsteadWinter

BU477 Lecture Notes - Lecture 12: Internal Control, Financial Statement, Audit Risk

OC4869463 Page
9 Feb 2017
6
Policies and procedures to maintain entity to provide reasonable assurance. Want to meet these goals: strategic high level goals that support the missi
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WLUBU466Peter LadeWinter

BU466 Lecture 11: Chapter 12.5

OC4869464 Page
9 Feb 2017
3
Associated group to identify the corporations that we are associated with. We might want to consider these when we do small business deduction allocati
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WLUBU477Helena KeirsteadWinter

[BU477] - Midterm Exam Guide - Everything you need to know! (39 pages long)

OC48694639 Page
6 Feb 2017
9
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WLUBU486John YoungWinter

BU486 Chapter Notes - Chapter 1: General Ledger, Transaction Processing, Financial Statement

OC4869463 Page
6 Feb 2017
6
Goal conflict: subsystem is inconsistent with goals of another subsystem. Goal congruence: subsystem achieves it goals while contributing to overall go
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WLUBU477Helena KeirsteadWinter

BU477 Chapter Notes - Chapter 7: Audit Risk, Audit Evidence, Specific Performance

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5 Feb 2017
7
Cas 320: omissions, misstatements that are considered material are when they have a considerable amount of influence on economic decisions. Judgements
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WLUBU466Peter LadeWinter

BU466 Lecture Notes - Lecture 7: Credit Union, Foreign Tax Credit, Income Tax

OC4869463 Page
31 Jan 2017
6
Chapter 12 notes: focus on the first half of the chapter is the business income. Property and net taxable gain investment income. Active business incom
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WLUBU477Helena KeirsteadWinter

BU477 Lecture Notes - Lecture 8: General Ledger, Financial Statement

OC4869463 Page
30 Jan 2017
4
Analytical procedures important for auditor to determine potential risks and problem areas in the business. Analytics can provide a source of inexpensi
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WLUBU477Helena KeirsteadWinter

BU477 Chapter Notes - Chapter 1: Financial Audit, Financial Statement, Tax Avoidance

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29 Jan 2017
8
Chapter 1: the demand for audit and other assurance services. Takes auditor"s professional judgement and rules and procedures. Auditing: accumulation a
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WLUBU477Helena KeirsteadWinter

BU477 Chapter Notes - Chapter 6: Substance Abuse, Deferral, Gross Margin

OC4869467 Page
24 Jan 2017
2
Chapter 6: client acceptance and planning the audit: Three reasons why auditors need to audit planning: Enable the auditor to obtain sufficient audit e
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WLUBU491Karin SchnarrWinter

BU491 Lecture Notes - Lecture 7: Breakfast Cereal, Brand Management, Cereal Partners Worldwide

OC4869463 Page
19 Jan 2017
6
Problem: healthy berry crunch, new breakfast cereal part of the french subsidiary. Europe has unstable markets that made brill unsure of making this th
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