Annual report

KPMG’ explicit responsibilities for auditing MS&Co included: • KPMG’S audit Procedures relative to MS&Co’s assets at BAC were to obtain a confirmation from BAC of assets on held on MS&Co’s behalf • To search public records to ensure no adverse issues were noted for BAC relating to any regulatory actions. In September, 2014 MS&CO’s investors and creditors initiated a lawsuit against their auditors, KPMG, on the charge that they conducted a substandard audit, while also failing to follow GAAS.…

need to be analyzed. Next step will be to finding out if there are any conflict between stakeholders. I will collect the complete financial transaction information from all relevant sources for current year and also go through the last years audit reports and tax details. Consider all the ethical issues involved and find out how these ethical issues are affecting the personal or public interest of someone. Like if anyone is getting benefit form any wrong…

Post World War II, the Homophile movement was consciously disavowing openly homosexual acts in attempt to shift the attitudes of social majority by shaping an image aligned with –philia (fondness and love) in opposed to sex (Suâarez 127). Meanwhile, filmmakers under the scrutiny from Motion Picture Production Code were made to abide by the rules of “don’ts and be carefuls”, unable to employ passionate, sexual, and “pervasive” scenes in the plot (Mondello). During this time, Kenneth Anger made…

Weak internal controls enable management to manipulate earnings and disclose false financial reports. To fix the problem generally, companies is required to have an objective and a competent internal auditor. According to AU section 332.03, internal auditors are responsible for providing analyses, evaluations, assurances, recommendations, and other…

Experiential Learning Activity #1: Field Trip to Museum of Sex As a women, gender and sexuality major, I have always pondered the sociological and cultural implications of having labels regarding sexual orientation and gender dynamics. The existence of a sexual orientation dichotomy, which places the heterosexual label in a domain of power, marginalize those who do not associate or identify with heteronormative ideals and markers. Being able to take this course on the psychological perspective…

nsibilities of the Client Management, Corporate Director and the Company Auditor The client management is composed of the people from the auditing firm who are responsible for ensuring that the work carried out meets the quality standards of both the firm and the client. They are responsible for appointing the quality assurance personnel who review the work performed by the external auditors to ensure that it meets all standards (MW&A 2016). In regards to internal controls, they are responsible…

They report directly to the Shareholders of the organisation. They main duty is to tests the underlying transactions that form the basis of financial statements. They form an opinion as to whether or not these statements reflect a true view. Reliance may be placed on the systems that produce the accounts that make up the statements thus reducing testing required if the system is found to be sound • Internal Audit  The internal auditors are the employees of the organisations. They report to the…

(Lynch, 2012). While Stewart and Colbert have been compared to the fools of Shakespearean plays, they have also been compared to Edward R. Murrow, Walter Cronkite, and the Greek philosopher, Socrates (Lynch, 2012). The Daily Show(TDS) and The Colbert Report (TCR) were designed to mix important current issues for public consideration, couched in humor and silliness. While TCR is a spin-off of TDR, both shows take unique approaches in pulling back the curtains to expose the truth behind media…

This article discussed how any archaeologist can treat house-floor assemblages at any site like the Pompeii systemic inventories. Schiffer points out that archaeologists need to make a difference on how they decide to deal with cultural artifacts that were found in archaeological sites. Schiffer’s point was to establish why there are many reasons why an artifact might be found where it is. He also wants to demonstrate and explain why de facto assemblages are depleting. Michael Schiffer states…

Jon Stewart is a comedian who worked on The Daily Show, which recently ended, and others. In the Daily Show, a lot of work, research, and other things had to be done before the show aired each night. That required a whole team to help with the many tasks. Jon Stewart appears to be a nice and humorous person on the television, but he is not the same towards his writers and other staff. He has a low temper, and sometimes takes it out on them. “A staffer recalls the time when Stewart’s temper got…