Find Related Questions by Tags, levels, etc.
Non-accounting professionals usually wonder why an entity’s general-purpose financial reporting should be regulated without allowing users to be free to choose their presentations.
Required:
Highlight THREE objectives of the International Accounting Standards Board (IASB).
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Which of the following should NOT be the objective of a business organisation?
A. Pay tax as at when due
B. Obey laws enacted by the National Assembly
C. Keep clean environment
D. Encourage tax avoidance
E. Encourage tax evasion
Find Related Questions by Tags, levels, etc.
Which of the following is NOT an element involved in decision making, planning and control process?
A. Identifying the objectives that will guide the decision
B. Search for a range of possible courses of action to achieve the objectives
C. Select an appropriate alternative course of action to achieve the objectives
D. Implement the decisions as part of planning and budgeting process
E. Maximise shareholders’ value
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Audit is the examination or inspection of various books of accounts by an auditor to certify that the accounts have been prepared according to the principles of accounting and to determine whether the Financial Statements prepared reflect a true and fair view of the state of affairs of a business.
Required:
i) State the Primary objective of an audit.
ii) State the Secondary objectives of an audit. (5 marks)
Find Related Questions by Tags, levels, etc.
You are a partner in a Tax Consulting firm. Your firm has recently employed 5 new staff and they have to be trained on a number of issues.
Required:
Prepare a presentation on international taxation with emphasis on FIVE (5) objectives or goals of international taxation treaties.
Find Related Questions by Tags, levels, etc.
Events Tech is a growing media company that specializes in technological solutions for events planning. Events Tech has recently established an internal audit department, and the Board is keen for this new department to cover certain broad areas of the organization and add value to the organization.
Required:
Evaluate FIVE (5) objectives the Board of Events Tech seeks to achieve by establishing an internal audit department.
Find Related Questions by Tags, levels, etc.
Both profit and non-profit making organizations operate in the economic development of every country. However, they differ in their objectives and operations.
Show these differences with reference to the following: i) Purpose of existence (2 marks)
ii) Raising of funds (2 marks)
iii) Utilisation of surplus funds (2 marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Non-accounting professionals usually wonder why an entity’s general-purpose financial reporting should be regulated without allowing users to be free to choose their presentations.
Required:
Highlight THREE objectives of the International Accounting Standards Board (IASB).
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Which of the following should NOT be the objective of a business organisation?
A. Pay tax as at when due
B. Obey laws enacted by the National Assembly
C. Keep clean environment
D. Encourage tax avoidance
E. Encourage tax evasion
Find Related Questions by Tags, levels, etc.
Which of the following is NOT an element involved in decision making, planning and control process?
A. Identifying the objectives that will guide the decision
B. Search for a range of possible courses of action to achieve the objectives
C. Select an appropriate alternative course of action to achieve the objectives
D. Implement the decisions as part of planning and budgeting process
E. Maximise shareholders’ value
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Audit is the examination or inspection of various books of accounts by an auditor to certify that the accounts have been prepared according to the principles of accounting and to determine whether the Financial Statements prepared reflect a true and fair view of the state of affairs of a business.
Required:
i) State the Primary objective of an audit.
ii) State the Secondary objectives of an audit. (5 marks)
Find Related Questions by Tags, levels, etc.
You are a partner in a Tax Consulting firm. Your firm has recently employed 5 new staff and they have to be trained on a number of issues.
Required:
Prepare a presentation on international taxation with emphasis on FIVE (5) objectives or goals of international taxation treaties.
Find Related Questions by Tags, levels, etc.
Events Tech is a growing media company that specializes in technological solutions for events planning. Events Tech has recently established an internal audit department, and the Board is keen for this new department to cover certain broad areas of the organization and add value to the organization.
Required:
Evaluate FIVE (5) objectives the Board of Events Tech seeks to achieve by establishing an internal audit department.
Find Related Questions by Tags, levels, etc.
Both profit and non-profit making organizations operate in the economic development of every country. However, they differ in their objectives and operations.
Show these differences with reference to the following: i) Purpose of existence (2 marks)
ii) Raising of funds (2 marks)
iii) Utilisation of surplus funds (2 marks)
Find Related Questions by Tags, levels, etc.
Elevate your professional expertise across key business domains with our comprehensive training programs
Follow us on our social media and get daily updates.
This feature is only available in selected plans.
Click on the login button below to login if you’re already subscribed to a plan or click on the upgrade button below to upgrade your current plan.
If you’re not subscribed to a plan, click on the button below to choose a plan