Aanna Lukasik

Should focus on enhancing the auditor’s understanding of the auditors understanding of the client’s business and the transactions and events that have occurred since the last audit date. – 1 Planning 3. Should focus on identifying areas that may represent specific risks relevant to the audit. – 1. Planning 4. Do not result in detection of misstatements. – 4 Statement is not correct concerning anatical procedures 5. Designed to obtain evidential matter about particular assertions related to account balances or classed of transactions. – 2 Substantive testing 6. Generally use data aggregated at a lower level than the other stages. – 2 Substantive testing 7. Should include reading the financial statements and notes to consider the adequacy of evidence gathered – 3. Overall review 8. Involve reconciliation of confirmation replies with recorded book amounts – 4 Statement is not correct concerning analytical procedures 9. Use of preliminary or unadjusted working trial balance as a source of data – 1 Planning the audit 10. Expected to result in reduced level of detection risk – 2 Substantive testing Q-30 a) The minutes of each meeting refer to the minutes of previous meeting. In addition the auditor should obtain the next year’s minutes, probably for February 2010, to make sure the previous minutes referred to were those from September 16, 2009. b) Information relevant to 2009 Audit Audit Action Required February 15 1. Approval for increased distribution During analytical procedures, an Costs of $500 000. ncrease of $500000 should be expected for distribution costs 2. Unresolved tax dispute. Evaluate resolution of dispute and adequacy of disclosure in FS 3. Computer equipment donated. Determine that old equipment was correctly treated in 2008 in the statements and that appropriate deduction was taken 4. Annual cash dividend. Calculate total dividends to determine that dividend was correctly recorded. 5. Officers’ bonuses. Determine were paid in 2009. Consider the tax implications of unpaid bonuses to officers. September 16 1. 2009 Officers’ elected. Inform staff of possibility of related party transaction. 2. Officers’ salary information. Note information in audit files for 2010 audit. 3. Pension and profit sharing plan. Determine if the pension/profit sharing plan was approved. If so make sure all assets and liabilities have been correctly recorded. 4. Loan. Examine supporting documentation of loan and confirm loan information with bank. 5. Aquistation of new computers syst Determine of disposal of the 1 year old equipment and check the recording of the operations. 6. Auditor Selection Aanna Lukasik Should focus on enhancing the auditor’s understanding of the auditors understanding of the client’s business and the transactions and events that have occurred since the last audit date. – 1 Planning 3. Should focus on identifying areas that may represent specific risks relevant to the audit. – 1. Planning 4. Do not result in detection of misstatements. – 4 Statement is not correct concerning anatical procedures 5. Designed to obtain evidential matter about particular assertions related to account balances or classed of transactions. – 2 Substantive testing 6. Generally use data aggregated at a lower level than the other stages. – 2 Substantive testing 7. Should include reading the financial statements and notes to consider the adequacy of evidence gathered – 3. Overall review 8. Involve reconciliation of confirmation replies with recorded book amounts – 4 Statement is not correct concerning analytical procedures 9. Use of preliminary or unadjusted working trial balance as a source of data – 1 Planning the audit 10. Expected to result in reduced level of detection risk – 2 Substantive testing Q-30 a) The minutes of each meeting refer to the minutes of previous meeting. In addition the auditor should obtain the next year’s minutes, probably for February 2010, to make sure the previous minutes referred to were those from September 16, 2009. b) Information relevant to 2009 Audit Audit Action Required February 15 1. Approval for increased distribution During analytical procedures, an Costs of $500 000. ncrease of $500000 should be expected for distribution costs 2. Unresolved tax dispute. Evaluate resolution of dispute and adequacy of disclosure in FS 3. Computer equipment donated. Determine that old equipment was correctly treated in 2008 in the statements and that appropriate deduction was taken 4. Annual cash dividend. Calculate total dividends to determine that dividend was correctly recorded. 5. Officers’ bonuses. Determine were paid in 2009. Consider the tax implications of unpaid bonuses to officers. September 16 1. 2009 Officers’ elected. Inform staff of possibility of related party transaction. 2. Officers’ salary information. Note information in audit files for 2010 audit. 3. Pension and profit sharing plan. Determine if the pension/profit sharing plan was approved. If so make sure all assets and liabilities have been correctly recorded. 4. Loan. Examine supporting documentation of loan and confirm loan information with bank. 5. Aquistation of new computers syst Determine of disposal of the 1 year old equipment and check the recording of the operations. 6. Auditor Selection

Jazz-duke ellington Essay Example | Topics and Well Written Essays - 1250 words

Jazz-duke ellington - Essay Example Today’s American music though technically complex, has directness and simplicity of expression largely present in that of Ellington as they tend to perform in different styles. People are brought to their first great achievements through very few minutes’ performance and they later write music for all kinds of settings for instance; the comedy stage, the ballroom, the movie house, the nightclub, the concert hall, and the theater. His blues writing were due to new conceptions of form, harmony, and piece of song and he grew to become the leader of the romantic ballad creating much work that faceted the enormous soloists in his jazz group (Crease 100). This has greatly been portrayed in today’s performers in that they write their music basing on the current happenings and rumors quickly spreading throughout the world. Some of the musicians’ sense of musical drama make them stand out. Their blend of rhythms, subtle sonic movements, and melodies give audiences a new experience—complex yet accessible that makes their heart swing in joy. Most of the musicians perform in restaurants and clubs. Duke Ellington was an American jazz player and his full names were,† Edward Kennedy Ellington, and he bore the stage name, â€Å"Duke†. ... He was one of the jazz composers as he was one of the most prolific composers during the early twentieth century as far as both variety of forms and number of compositions were concerned. Duke Ellington has been credited for being the most significant composer of jazz in history. He also receives credit for being a bandleader who strongly held his large group together for close to fifty years. He had two aspects of his career, which were closely related. He used his band as a laboratory for music for the most ne compositions as well as shaped his writing skills particularly to showcase the abilities of his band members, most of whom remained by his side for a long period. In addition to composing jazz, he also wrote stage musicals and film scores. Most of his instrumental works were later adapted into standard songs (Ford 90). Irrespective of the fact that he toured a lot, he recorded extensively, a factor that resulted to his tremendous body of work that was assessed for a reasonabl y long time after his death. The many celebrations he received in 1999 evidences that he continued been regarded as a strong jazz composer. He was talented so much to overcome oddity. He was the primary writer of his band, allowing his players room to solo in his compositions. This resulted to a creation of a body of work that would have allowed jazz to enter the institutional and academic realms, which was its direction during the end of the 20th century. It is, therefore, arguable that he predicted the future of jazz and would have laid a claim as one of the most significant practitioners of jazz. He had impact of popular music of the twentieth century. He travelled across the world both as a bandleader and piano player

William Shakespear Research Paper Example | Topics and Well Written Essays - 750 words

William Shakespear - Research Paper Example In 1582 when he was eighteen years old, Shakespeare married Anne Hathaway who was eight years older than him. She bore him three children, Susanna as the first born and twins who were named Judith and Hamnet. Shakespeare and his family lived in London. Much is not known about Shakespeare life from 1584 to 1592 (Buckley 1417). Shakespeare worked with Lord Chamberlain's Men acting company. In 1592, Shakespeare presented Henry VI, King John and Titus Andronicus, plays that many think that he could have written during his lost years. Their quality varied significantly and showed that Shakespeare adapted them from existing scripts. He also wrote poems, presenting one of his greatest poems in 1593 called Venus and Adonis. This was followed by the Ravishment of Lucrece, which was written in 1594 (Tejvan 2009). Besides writing poems and plays, Shakespeare also worked as an actor. In 1609, a book containing one hundred and fifty four sonnets written by Shakespeare was published. Some of the n otable plays written early in his life are Romeo and Juliet, A Midsummer Night's Dream, Richard III, and the Taming of the Shrew. In the last half of his career, Shakespeare wrote his greatest plays that included, King Lear, Othello, Hamlet, and Macbeth. He is said to have introduced approximately three thousand words to the English language through his work in literature. In 1616, he died in his hometown of Stratford at the age of fifty two (Tejvan 2009). Review of the Merchant of Venice The Merchant of Venice is a comedy written by Shakespeare. The play is about Antonio, the merchant of Venice, his friends and his adversary, Shylock who is a money lender. Basssanio, Antonio’s close friend, wants to marry Portia, a smart beautiful lady with a vast inheritance (Sokol 209). However, Bassanio does not have the money to travel to Portia’s home and goes to Antonio to borrow some money. Antonio’s money is held up in the sea as his boats have not returned from a busin ess voyage. Antonio tells Bassanio to borrow three thousand ducats from Shylock, which Antonio will pay once his ships arrive from the business trip. Shylock agrees and puts stringent measures because he dislikes Antonio, where he insists on cutting a pound of flesh from his torso if the money is not paid back on the date agreed upon (Corbett 2009). Shylock has a beautiful daughter who falls in love with Lorenzo, a friend to Bassanio. As Bassanio leaves to meet Portia, Jessica also escapes with a sizeable amount of Shylock’s wealth and elopes with Lorenzo (Sokol 210). At Portia’s home, Bassanio and his entourage are welcomed and it becomes apparent that Portia likes him and would want him to pass a test that his father had designed. Portia’s father had prepared three boxes made of different materials, some being expensive while one was not. For any man to marry Portia, he had to select the box with Portia’s portrait. The play shows that a few wealthy suit ors had failed but Bassanio succeeded (Corbett 2009). Bassanio now has won Portia, Lorenzo has Jessica but one problem arises. Antonio’s ships have not arrived meaning that his debt to shylock debt has not been paid. Portia agrees to pay the amount and even multiply it but since Shylock resents Antonio, he refuses and insists on his day in court. Portia disguised as an attorney, defends Antonio without his or Bassanio’s knowledge. Shylock demands for justice, which is the pound of flesh and the witty Portia asks him to cut Antonio flesh but on one condition. Antonio should not bleed since the contract did not include the shedding of blood. Antonio wins the case and Portia reveals herself later to Bassanio as he had