Opinion
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An accountant wants nothing to do with the sales department
“It is a truth universally acknowledged, that an accountant in possession of a good fortune, wants nothing to do with…
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The importance of working capital
Many organisations that are profitable on paper are forced to cease trading due to an inabilty to meet short-term debts…
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Contract Auditing: Strategizing for success
Any audit that involves either billings from or billings to third parties falls into the category of contract auditing. Audits…
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To whom it may concern
A key skill in accounting is the ability to clearly communicate information to management. Consequently, it is a skill that…
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The audit profession: Center stage
Auditing, in general, has received mixed reviews in light of last year's series of corporate failures. Although internal auditors have…
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Audit evidence
When external auditors are employed to express an opinion on the financial statements of an entity, they must ensure that…
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The CPA Exam Alert
After years in the making, the computerized CPA exam is slated to launch April 2004. Lorraine P. Sachs, Executive Vice…
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Creating a risk-intelligent organization
In the aftermath of last year's debacles and governance meltdowns, stakeholders are demanding greater transparency about the risks an enterprise…
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Risk analysis
To say Risk Analysis is an important issue is an understatement. It is difficult to quantify the losses suffered each…
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Fraud threats in organisations
Fraud includes the improper usage of resources and the misrepresentation of facts to receive gain. It is related to the…
