Q4 - Week 9 a) What are key audit matters? How do these affect the format of the audit report? (2 marks, maximum 200 words) b) Stewart Jones is reviewing the results of the subsequent events audit procedures. Stewart is writing a report for his audit partner based on these results and will be attending a meeting tomorrow with the partner and representatives of the company to discuss them. The issue will be whether the financial report should be amended, or additional notes included for these subsequent events. Many of the items are not material and Stewart will recommend that no action be taken with respect to these. However, there are several items that Stewart believes are material and should be discussed at the meeting. These are as follows. (a) The board is planning to issue shares in a private placement on 15 August. (b) The share issue is to fund the purchase of a 60 per cent stake in another company. The negotiations are in the final stages and although the contract is not yet signed it will be signed by 15 August. (c) A writ was lodged in the Supreme Court in the week after year-end claiming damages for illness allegedly caused by chemicals used at a subsidiary company’s manufacturing plant in the 1990s. This is the tenth such writ lodged, and the client has denied responsibility in all cases because it was unreasonable to believe at that time that these chemicals had adverse health effects. The claimant has new scientific evidence that counters this defence. (d) The review of subsequent cash receipts has revealed that several of the trade receivables that were considered doubtful have now been paid. However, the audit procedures have shown that a large debtor that was considered safe at 30 June was unexpectedly declared bankrupt on 20 July. The year-end for the company is 30 June and the audit report is due to be signed on 20 August. Required: For each of the items above, explain what type of subsequent event it is and the appropriate treatment of the item in the financial report. (8 marks, maximum 300 words) Part A: Like an essay type presentation Part B: Issues Event/ Accounting Treatment (1 mark) Explanation (1 mark) (a)(/(b)/ Write 1 line about issue Types 1 Adjusting Subsequent Event – Adjust material items in financial report Or Type 2 Non-Adjusting Subsequent Event – Disclose effects of material items in financial report Or Type- No effect/ No impact Here you will mention about date, explain why you select this event with details explanation or accounting treatment and follow AASB 110 Event after the reporting period

a) What are key audit matters? How do these affect the format of the audit report? (2 marks, maximum 200 words) b) Stewart Jones is reviewing the results of the subsequent events audit procedures. Stewart is writing a report for his audit partner based on these results and will be attending a meeting tomorrow with the partner and representatives of the company to discuss them. The issue will be whether the financial report should be amended, or additional notes included for these subsequent events. Many of the items are not material and Stewart will recommend that no action be taken with respect to these. However, there are several items that Stewart believes are material and should be discussed at the meeting. These are as follows. (a) The board is planning to issue shares in a private placement on 15 August. (b) The share issue is to fund the purchase of a 60 per cent stake in another company. The negotiations are in the final stages and although the contract is not yet signed it will be signed by 15 August. (c) A writ was lodged in the Supreme Court in the week after year-end claiming damages for illness allegedly caused by chemicals used at a subsidiary company’s manufacturing plant in the 1990s. This is the tenth such writ lodged, and the client has denied responsibility in all cases because it was unreasonable to believe at that time that these chemicals had adverse health effects. The claimant has new scientific evidence that counters this defence. (d) The review of subsequent cash receipts has revealed that several of the trade receivables that were considered doubtful have now been paid. However, the audit procedures have shown that a large debtor that was considered safe at 30 June was unexpectedly declared bankrupt on 20 July. The year-end for the company is 30 June and the audit report is due to be signed on 20 August. Required: For each of the items above, explain what type of subsequent event it is and the appropriate treatment of the item in the financial report. (8 marks, maximum 300 words)

Part A: Like an essay type presentation

Part B: Issues Event/ Accounting Treatment (1 mark) Explanation (1 mark) (a)(/(b)/ Write 1 line about issue Types 1 Adjusting Subsequent Event – Adjust material items in financial report Or Type 2 Non-Adjusting Subsequent Event – Disclose effects of material items in financial report Or Type- No effect/ No impact Here you will mention about date, explain why you select this event with details explanation or accounting treatment and follow AASB 110 Event after the reporting period

a) What are key audit matters? How do these affect the format of the audit report? ( maximum 200 words)

b) Stewart Jones is reviewing the results of the subsequent events audit procedures. Stewart is writing a report for his audit partner based on these results and will be attending a meeting tomorrow with the partner and representatives of the company to discuss them. The issue will be whether the financial report should be amended, or additional notes included for these subsequent events. Many of the items are not material and Stewart will recommend that no action be taken with respect to these. However, there are several items that Stewart believes are material and should be discussed at the meeting. These are as follows.

(a) The board is planning to issue shares in a private placement on 15 August.  

( b) The share issue is to fund the purchase of a 60 per cent stake in another company. The negotiations are in the final stages and although the contract is not yet signed it will be signed by 15 August.

(c) A writ was lodged in the Supreme Court in the week after year-end claiming damages for illness allegedly caused by chemicals used at a subsidiary company’s manufacturing plant in the 1990s. This is the tenth such writ lodged, and the client has denied responsibility in all cases because it was unreasonable to believe at that time that these chemicals had adverse health effects. The claimant has new scientific evidence that counters this defence.

(d) The review of subsequent cash receipts has revealed that several of the trade receivables that were considered doubtful have now been paid. However, the audit procedures have shown that a large debtor that was considered safe at 30 June was unexpectedly declared bankrupt on 20 July. The year-end for the company is 30 June and the audit report is due to be signed on 20 August.

Required: For each of the items above, explain what type of subsequent event it is and the appropriate treatment of the item in the financial report. (, maximum 300 words)

Part A: Like an essay type presentation

Part B: Issues Event/ Accounting Treatment (1 mark) Explanation (1 mark) (a)(/(b)/ Write 1 line about issue Types 1 Adjusting Subsequent Event – Adjust material items in financial report Or Type 2 Non-Adjusting Subsequent Event – Disclose effects of material items in financial report Or Type- No effect/ No impact Here you will mention about date, explain why you select this event with details explanation or accounting treatment and follow AASB 110 Event after the reporting period

1. In class we learnt about the broad classifications of financial markets. How will you explain any three of these classifications to your friends in history department?
2. Why are financial markets so keenly regulated? Explain the rational for the regulation of financial markets in Ghana, providing cogent examples of such regulations within the Ghanaian financial market.
3. Describe the requirements for listing on the Ghana Alternative Exchange (GAX) relative to the first official listing requirements.
4. Expatiate on the role of participants in the primary and secondary mortgage market. Provide examples within the Ghanaian context.
5. Explain the difference between debt to income (DTI) ratio and loan to value ratio (LTV). In addition, mention in which scenario the mortgage is likely to be insured,
(a) High or low DTI ( b). High or low LTV.
6. Expound on the arguments in favour and against financial innovation. Provide examples of financial innovation within any country of choice.
7. A. Nii Laryea purchased a T-bill with a GHC10,000 par value for GHC9,465. One hundred days later, Nii sells the t-bill for GHC9,650. Assuming 365 days in a year, what is Nii Laryea’s expected annualized yield from the transaction?
B. Assume investors require a 5% annualized return on a six-month t-bill with a par value of GHC10,000. The price investors would be willing to pay in cedis will be?
8. According to the Loanable funds theory, how are interest rates determined?
9. Compare and contrast three different money market securities in terms of issuer, return, risk and tradability/liquidity.
10. Explain the role of non-depository financial institutions within the financial sector? Discuss the core functions of any three of these institutions.
11. In class we learnt about defined-benefit pension plans and a defined-contribution pension plans. How will you explain these to your sibling who just got a job after his University education? Which of them will you recommend to him and why?
12. Compare and contrast index fund and active fund. Provide relevant examples of these and explain what their objective is.
13. Endicott Enterprises Inc. has twenty years remaining on Ghc 1,000 par value semiannual coupon bonds paying a coupon of Ghc40. If the yield to maturity on these bonds is 6% per year, what is the current price?

How Grounded Is Your Love Life?

In a recent experiment, psychologists at University of Pittsburgh and the University of Waterloo in Canada decided to examine stability, turbulence and love. The researchers focused on stability because it is a term that has both literal and abstract meanings. Our bodies can be physically stable or they can be wobbly, and so can our intimate relationships. The study participants were 40 college students who reported being involved in a committed relationship that had lasted for at least a year. The researchers randomly assigned half of their volunteers to sit at a normal desk and the other half to sit at a workstation that had been subtly altered so that both the chair and the desk wiggled slightly. The volunteers individually completed questionnaires about their lives and romantic relationships, including whether they felt the relationship would last. The volunteers were alone in the room when they completed the questionnaire and were instructed to not put their name on the questionnaire. The ratings of perceived stability ranged from 1- 7 (1 = not at all likely to last to 7 = certain this relationship will last). A participant could report any number between 1 and 7 on that scale. The students who had been seated at the unstable workstations were much more likely to perceive instability in their love lives (mean = 4.17) than were the students whose chairs and work spaces didn’t waver (mean = 4.93). There is a statistically significant difference between these means (t(38) = 3.64; p<0.05).

PART A

1. Name the Predictor / Independent Variable

2. Give the operational definition of the Predictor / Independent Variable.

3. Evaluate the construct validity of the Predictor / Independent Variable PLEASE INCLUDE/EXPLAIN ALL THE ASPECTS!!: (Be sure to consider face, method, and procedural aspects though not all aspects will necessarily need to be discussed; point out strengths and weaknesses of this measure.)

PART B

1. Name the Outcome / Dependent Variable

2. Give the operational definition of the Outcome / Dependent Variable.

3. Evaluate the construct validity of the operational definition for the Outcome / Dependent Variable. PLEASE INCLUDE/EXPLAIN ALL THE ASPECTS!!: (Be sure to consider face, method, and procedural aspects though not all aspects will necessarily need to be discussed; point out strengths and weaknesses of this measure.)

PLEASE ANSWER IF YOU KNOW!

How Grounded Is Your Love Life?

In a recent experiment, psychologists at University of Pittsburgh and the University of Waterloo in Canada decided to examine stability, turbulence and love. The researchers focused on stability because it is a term that has both literal and abstract meanings. Our bodies can be physically stable or they can be wobbly, and so can our intimate relationships. The study participants were 40 college students who reported being involved in a committed relationship that had lasted for at least a year. The researchers randomly assigned half of their volunteers to sit at a normal desk and the other half to sit at a workstation that had been subtly altered so that both the chair and the desk wiggled slightly. The volunteers individually completed questionnaires about their lives and romantic relationships, including whether they felt the relationship would last. The volunteers were alone in the room when they completed the questionnaire and were instructed to not put their name on the questionnaire. The ratings of perceived stability ranged from 1- 7 (1 = not at all likely to last to 7 = certain this relationship will last). A participant could report any number between 1 and 7 on that scale. The students who had been seated at the unstable workstations were much more likely to perceive instability in their love lives (mean = 4.17) than were the students whose chairs and work spaces didn’t waver (mean = 4.93). There is a statistically significant difference between these means (t(38) = 3.64; p<0.05).

PART A

1. Name the Predictor / Independent Variable

2. Give the operational definition of the Predictor / Independent Variable.

3. Evaluate the construct validity of the Predictor / Independent Variable PLEASE INCLUDE/EXPLAIN ALL THE ASPECTS!!: (Be sure to consider face, method, and procedural aspects though not all aspects will necessarily need to be discussed; point out strengths and weaknesses of this measure.)

PART B

1. Name the Outcome / Dependent Variable

2. Give the operational definition of the Outcome / Dependent Variable.

3. Evaluate the construct validity of the operational definition for the Outcome / Dependent Variable. PLEASE INCLUDE/EXPLAIN ALL THE ASPECTS!!: (Be sure to consider face, method, and procedural aspects though not all aspects will necessarily need to be discussed; point out strengths and weaknesses of this measure.)

1. As a matter of law, what is an “investment security”?

Question 1 options:

Question 2 (5 points)

2. If your firm only occasionally issues securities for purchase by the public, the 1933 Securities Act does not require registration with the Securities and Exchange Commission and disclosure of material financial information.

Question 2 options:

Question 3 (5 points)

3. “Shelf registration” under the 1933 Act:

Question 3 options:

Question 4 (5 points)

4. Most municipal bond issuance is required to be registered with the SEC.

Question 4 options:

Question 5 (5 points)

5. The antifraud provisions of the 1934 Act (Securities Exchange Act of 1934)(Rule 10b-5):

Question 5 options:

Question 6 (5 points)

6. Persons who may violate Rule 10b-5 include:

Question 6 options:

Question 7 (5 points)

7. The punishment for violations of Rule 10b-5 (up to ten years of federal imprisonment and up to a $1 million fine) is among the harshest in the federal criminal code (18 U.S.C.) for nonviolent felonies that do not involve the sale of illegal drugs.

Question 7 options:

Question 8 (5 points)

8. In a trademark infringement case, a court presumably would give great weight to the facts that the first manufacturer had registered his trademark and that a subsequent competitor manufactured products in the same style and color and using an emblem with the same shape as the emblem on the first manufacturer’s products.

Question 8 options:

Question 9 (5 points)

9. How long does standard copyright protection under federal law last now?

Question 9 options:

Question 10 (5 points)

10. What is the life of a design patent registered with the U.S. Patent and Trademark Office? Assume that a design patent is the diagram of a machine that accomplishes a task. For machines, scale models have to be submitted, also.

Question 10 options:

Consider the following data:

a) Complete the table.

b) Check that in period 2 and period 4, the dividends grow according to the formula: g = ROE (1 - Payout) and explain.

c) Determine the value of equity (E), taking into account that the dividend growth rate after the 4th year is the same as in the 4th year, and that the required return on equity is 20%.

Use the following information for part a and b. The 1-year, 2-year, 3-year and 4-year zero rates are 2%, 3%, 4% and 5% per annum (APR) with quarterly compounding/payment.

A)What are the zero coupon bond prices with maturities of 1 year, 2 years, 3 years and 4 years? (Assume that you receive a face value of $100 for each of these bonds on their maturity dates).

B)What are the corresponding per annum zero rates with continuous compounding?

Please show work and do not just post picture of excel.

Select a product or service that you are familiar with, such as jeans, computers, or personal MP3 players. Once these items are selected, then you must undertake research into the specific items : target market and market segmentation. Your answer must contain information as to: How large is the target market, what is the future growth potential of this target market, how do/does the marketer reach this target market and so on? Also, mention in your answer that how will you “re-position” this product to another market segment. For example, if you select MP3 players as a product of your choice, and confirm that the target market for this is Millennials, then you should be able to define how the manufacturers of MP3 players will attempt to re-position the product to attract the baby boomer generation to increase their purchases of MP3 players.

Adhere to the following structure while answering

- 1st Section

Research on target market

Potential market and available market (4 marks)

Market Segmentation

Segmentation based on any 3 criteria (3 marks)

- 2nd Section   

Market repositioning

How was it positioned before? (1 mark)

Which customer have they chosen to reposition?  (1 mark)

How will it be repositioned?

Pls Note :The above question is from 'Marketing Management' discipline. So, please have the answer accordingly.