Question

In: Accounting

Assuming you graduated and started a career in auditing, how long do you anticipate working in...

Assuming you graduated and started a career in auditing, how long do you anticipate working in the profession and what contribution do you feel you can make or want to make over that time period?

Solutions

Expert Solution

Answer:

  • As being a graduated I wont have a lot of understanding of audit work yet since auditing is considered as exceptionally demanding field , I would learn and get involvement and experience in my seniors right now.
  • I will fill in as an audit right hand since this role covers all the area of audit. As, in real money taking care of zone which is considered as an area inside the company which manages cash register or petty cash  or cash exchange and so on. Any sort of extortion right now cost a great deal to the company.
  • Next area which can be secured is budget control. Right now auditor need to see the how the administration has spent on the activity of the organization . regardless of whether they have spent according budgeted dollars.
  • I feel that with the over two area I can get a thought regarding how the administration of organization is functioning concerning money spent which will assist the executives with taking appropriate decision.

Related Solutions

Two friends, Kyle and Wes, graduated college and started working on their career at the same...
Two friends, Kyle and Wes, graduated college and started working on their career at the same time. Both friends were 25 at the time. As soon as Kyle was eligible for the 401K benefit he started depositing $100 per month for the next ten years. Wes decided he so enjoyed having a real income that he wanted to spend it on fast cars, awesome threads, the most recent smart phone and video game system, and clubbing every weekend. Wes chose...
If you are working on a career portfolio how do you feel this portfolio will assist...
If you are working on a career portfolio how do you feel this portfolio will assist you in finding the best career fit after completion of your degree? What are some things you can add or you feel would be beneficial to your job search besides what is already listed for you? Please explain your answer.  
Assuming you have graduated and have been working for severalyears. You are planning to buy...
Assuming you have graduated and have been working for several years. You are planning to buy a double-storey link house in Bukit Mahkota built by the IOI developer which cost RM748,000 per unit for intermediate unit. You have saved some money and plan to use them as a down payment for the house that you intend to purchase. You intend to take up a loan to finance your purchase of the house for the balance of the purchase price.Calculate the...
Suppose that you have just graduated from college and have started working at a biotechnology firm....
Suppose that you have just graduated from college and have started working at a biotechnology firm. Your first job assignment is to clone the pig gene for the hormone prolactin. Assume that the pig gene for prolactin has not yet been isolated, sequenced, or mapped; however, the mouse gene for prolactin has been cloned, and the amino acid sequence of mouse prolactin is known. Briefly explain two different strategies that you might use to find and clone the pig gene...
Twins Jacob and Jacquelyn, graduated from college and started working in the family restaurant business at...
Twins Jacob and Jacquelyn, graduated from college and started working in the family restaurant business at age 25. Each sibling developed their own plan to provide for their retirement. Both plans earned 10% annual return, and both siblings plan to retire at age 65. Jacquelyn started immediately, investing $3,500 per year for the next 10 years into an individual retirement account, and then makes no additional cash contributions into her IRA account. Jacob plans to wait 10 years until he...
8. Future Value of Annuity. Twins Jacob and Jacquelyn graduated from college and started working in...
8. Future Value of Annuity. Twins Jacob and Jacquelyn graduated from college and started working in the family restaurant business at age 22. Each sibling developed their own plan to provide for their retirement. Both plans earned 8% and both siblings plan to retire at age 60. Jacquelyn’s plan is to start immediately, invest $2,000 per year for 18 years. After 18 years, she will make no further contributions into the account. Jacob plans to wait 13 years until he...
Tara and Todd, both 23, have graduated and started working. Tara plans on contributing $1000 to...
Tara and Todd, both 23, have graduated and started working. Tara plans on contributing $1000 to an RRSP and at the end of each of the next 10 years then won’t make further contributions until she retires at 65. Todd will wait until he is 33 to start contributing at which time he’ll contribute $1000 at the end of each year until he retires at 65. Assuming they both earn 8 % compounded annually, how much will Tara have at...
Stewart Myers recently graduated from college and started working as a management consultant. Stewart has a...
Stewart Myers recently graduated from college and started working as a management consultant. Stewart has a $50,000 student loan balance and he paid $1,200 interest in 2014. Stewart Owns several savings accounts and received a total interest income of $500 in 2014. He contributed 2 percent of his $79,500 salary to his IRA account in 2014. As he completes his tax return for 2014, use the information above and below to help him answer the following questions. •Stewart’s itemized deduction...
Due to the corona virus, How much of a decline do you anticipate for the Second...
Due to the corona virus, How much of a decline do you anticipate for the Second Quarter of 2020? Will be in recession? This would mean GDP was down during the first quarter and/or the third quarter. Will it last long enough to be the second depression in 100 yeards?   On inflation/deflation,what would your life have been like during the early 80's when the inflation rate was in double digits? Imagine what life would have been like in Germany in...
Early in my auditing career, I always wondered 'how do I know when I've got enough...
Early in my auditing career, I always wondered 'how do I know when I've got enough evidence to render an opinion?' How might you answer this?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT