3 simple auditing questions Assignment Example | Topics and Well Written Essays - 250 words

3 simple auditing questions - Assignment Example Julia Granger has already completed steps 1 through 4 and has documented the results of her work on audit schedules E-100, E-110, E-111, and E-112. Assume that the client performs the control activities identified in the flowcharts. A solution to the assignment is provided using schedules similar to the schedules provided to students on the pages that follow. Again, due to the subjective nature of some of the judgments alternative solutions could be considered equally acceptable. Note that the solution lists potential audit tests that could be performed. It is very unlikely that an auditor would decide to perform all these audit tests. Additionally, the solution does not indicate whether the audit test should be performed on the entire population or a sample of the population. 9) Transfers are appropriately authorized and the financial statements presentation including the disclosure of all investments conforms to the generally accepted accounting principles that are consistently applied. The company purchases material from the vendors, the purchased material are inspected and counted and the prices compared to the purchase orders and a pre-numbered receiving report is prepared. / After that the receiving report and the purchase order are issued. On the accounting side, the accountants receive the invoices from the vendors for the items purchased. All the materials that are not accounted for in terms of receiving report are transferred to the appropriate department for acknowledgment for the receipt. The vendors document are marched with the appropriate accounted document to allow for documentation in the purchase journal, vendor ledger, general ledger and the inventory files. The files are reviewed by the supervisor. All the reports such as the purchase order, receiving report and vendor invoices are documented by the

Steroids in sports Essay Example | Topics and Well Written Essays - 1250 words

Steroids in sports - Essay Example We have witnessed suspension of different players due to the reason that they were involved in taking steroids for enhancing their performance. The steroids are unhealthy for the body and can affect the human body in several ways, and this is the main reason why its usage is unethical. Steroids are illegal and banned in countries for different reasons, but it is still imported and produced illegally. Steroids are harmful for its users and it can badly affect their health. Regular use of steroids can also become a reason of liver cancer and can cause death of the patient (Murray, 1-25). Everyone loves sport, and people want to see ethical game. Mostly youngsters consider players as their role models and ideals, and when they see players taking steroids or drugs to improve their performance, it negatively affects them. The players usually take steroids in two different forms, either in the form of pills or in the form of injections. The physicians should take proper care before prescribing any drug or steroid to their patients. It can badly affect or harm their health. As use of steroid in countries, physicians should make sure that they avoid prescribing any such drugs to their patients at any cost. Steroids damage the skin of the users and internally damage the organs of the human being. It gives strength, muscles, and excessive power for the time being, after that, the players feels worse. These steroids also have side effects, and its users can die because of it. Players should consult doctors only for their fitness and health issues, and should strongly be against any drugs or steroids that can harm their health. Physician and doctors should take blood tests of their patients, so that even if the players are involved in taking steroids, they should stop them and take measures for preventing its usage. The use of steroids is an