The court of auditors Study guides, Class notes & Summaries

ERISA - Answer- Employee Retirement Income Security Act 1974 SOC Reports - Answer- Service Organization Controls: for external vendors SOC 1 - Answer- Internal Controls & Financial reports; used by auditors SOC 2 - Answer- Security, availability, processing integrity, confidentiality and privacy controls;used by management, regulators, and others under an NDA SOC3 - Answer- Same as SOC2, but available for public use. Tribble V Edison - Answer- Landmark court case re fiduciary resp...

QUESTION 1 1.1 Briefly explain to two prospective entrepreneurs, Thandeka and Mike, whether or not the requirements for the piercing of the corporate veil in terms of the Companies Act 71 of 2008 and the Close Corporations Act 69 of 1984 are identical. Refer to case law in your answer. (5) 1.2 Frank is an Information Technology (IT) specialist. He wishes to incorporate a company for his business. He does not want to offer any securities to the public. 1.2.1 Advise Frank on the type of compa...

OCTOBER/NOVEMBER 1.5) Password controls  Passwords should be unique to each individual (group passwords should not be used).  Passwords should consist of at least six characters, be random not obvious, and a mix of letters, numbers, upper/lower case and symbols.  Passwords/user-IDs for terminated or transferred personnel should be removed/disabled at the time of termination or transfer.  Passwords should be changed regularly and users should be forced by the system, to...

TLI4801 PORTFOLIO (COMPLETE ANSWERS) Semester 1 2024 (790512) - DUE 28 May 2024; 100% TRUSTED workings, explanations and solutions. for assistance Whats-App 0.6.7..1.7.1..1.7.3.9 ................... QUESTION 1: CIVIL PRACTICE [50] 1.1 Darren Smith is the director and shareholder of DSA Equipment (Pty) Ltd (“DSA”) and the company manufactures medica electronic equipment. Mr. Smith approached EBA (Pty) Ltd (“EBA”), the local supplier of the components needed for the manufacturing of the e...

QUESTION 1 1.1 Briefly explain to two prospective entrepreneurs, Thandeka and Mike, whether or not the requirements for the piercing of the corporate veil in terms of the Companies Act 71 of 2008 and the Close Corporations Act 69 of 1984 are identical. Refer to case law in your answer. (5) 1.2 Frank is an Information Technology (IT) specialist. He wishes to incorporate a company for his business. He does not want to offer any securities to the public. 1.2.1 Advise Frank on the type of company...

TLI4801 MAY JUNE PORTFOLIO (COMPLETE ANSWERS) Semester 1 2024 (790512) - DUE 28 May 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... QUESTION 1: CIVIL PRACTICE [50] 1.1 Darren Smith is the director and shareholder of DSA Equipment (Pty) Ltd (“DSA”) and the company manufactures medica electronic equipment. Mr. Smith approached EBA (Pty) Ltd (“EBA”), the local supplier of the components ...

AUE3701 EXAM PACK GRADED QUESTIONS AND ANSWERS 2023. 1 Do question 5.8 in Graded Questions on Auditing 2014 by Gowar and Jackson. You are a member of the Quality Control Committee of a large audit firm; Art Andersunn and Co. Part of the committee’s responsibility is to determine whether prospective clients are acceptable and whether existing clients should be retained. Being a large practice, numerous potential clients are brought to the committee for consideration and the following li...

Auditing Exam 1|359 Questions with Verified Answers 1. Which of the following would be considered an assurance engagement? a. Giving an opinion on a prize promoter's claims about the amount of sweepstakes prizes awarded in the past. b. Giving an opinion on the conformity of the financial statements of a university with generally accepted accounting principles. c. Giving an opinion on the fair presentation of a newspaper's circulation data. d. Giving assurance about the average drive len...

TLI4801 PORTFOLIO MEMO - MAY/JUNE 2024 - SEMESTER 1 - UNISA - DUE DATE :- 28 MAY 2024 (DETAILED ANSWERS WITH REFERENCES - DISTINCTION GUARANTEED!) THE QUESTION PAPER: QUESTION 1: CIVIL PRACTICE [50] 1.1 Darren Smith is the director and shareholder of DSA Equipment (Pty) Ltd (“DSA”) and the company manufactures medica electronic equipment. Mr. Smith approached EBA (Pty) Ltd (“EBA”), the local supplier of the components needed for the manufacturing of the electronic equipment by D...

Audit 2 Exam 148 Questions with Verified Answers What are the characteristics professions are distinguished by? - CORRECT ANSWER mastery of certain skill, or education/training; adherence to a common code of values and conducts; and acceptance of a duty to society as a whole utilitarisism - CORRECT ANSWER the greatest happiness should be achieved for the greatest number of people golden rule - CORRECT ANSWER treating others as you want to be treated (reciprocity) theory of rights - C...