Describe the auditing concepts
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Define audit risk and materiality. How are these concepts reflected in the auditor's report?
Identify ethical principles and socially responsible management values that are relevant to your scenario.
Why is independence such an important requirement for auditors? How does independence relate to the agency relationship between owners and managers?
Identify and explain your planned negotiation tactics. Finally, identify factors which may affect your company's negotiation plan.
How might understanding auditing concepts prove useful for consultants, business managers, and other business decision makers?
Use the Web to research four productivity software suites from various vendors. Create a table in a word-processing document.
What will the internal rate of return on this investment be relative to the cost of capital? Explain your answer.
Calculate the net present value in US$ of an investment in the health spa only, assuming that the 1,000-square-foot unit is purchased and then resold .
Calculate the net present value of the product using a discount rate of 18% and assuming that cash flows occur at the end of the respective years.
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