Audit Program Design Part III Essay Example | Topics and Well Written Essays - 1250 words

Audit Program Design Part III - Essay Example Introduction The paper will focus on the inventory and warehousing cycle and cash cycle. Some of the types of transactions in the inventory and warehousing cycle include receiving raw materials, storage of raw materials, processing of the purchase orders, processing of the goods, storage of the completed goods and shipping them to customers (Luis, 2008). Cash is the most vulnerable to fraud and misappropriation by the staff. The analytical procedures for the warehousing and inventory cycle will compare the current gross margin in order to establish any understatement of the costs of goods sold and inventory (Gupta, 2005). The procedures will also look at the unit costs of inventory, the total inventory valuation, the manufacturing costs including the variable costs of each unit of inventory (Puttick, Esch & Kana, 2007). The substantive tests of transactions on inventory and warehousing cycle will ensure that inventory recorded on tags exists by randomly selecting tag numbers and phys ically identifying the existence of the inventory (Puttick, Esch & Kana, 2007). We will observe any possible movement of inventory during the count and ensure inventory is accurately recorded. Tests of controls are the internal control systems of the organization (Luis, 2008). Tests of controls for the cash cycle include the collecting and depositing of the cash in the bank accounts, reconciliation of the bank balances, appropriate authority for the documentation of cash payments and grant of any cash payment discounts. Another test of control is the appropriate determination of the bad debts (Gupta, 2005). Tests of controls, substantive tests of transactions and analytical procedures for inventory and warehousing cycle for Apollo Shoes, Inc Some of the relevant documentations that are useful in auditing the inventory and warehousing cycle of Apollo Shoes, Inc include the production schedules, the materials requisition, inventory master file, production data information, shipping or ders, costs accumulation sand variances reports and the inventory status report. The substantive audit procedures will deal with the work in progress, the finished goods and costs of goods sold. Functions of inventory and warehousing cycle include the storage of finished goods (Luis, 2008). Tests of control provide evidence on the effectiveness of the internal control systems while substantive tests of transactions provide the fair representation of the transaction statements (Puttick, Esch & Kana, 2007). Analytical procedures involve the use of comparisons to assess the fairness of management assertions (Puttick, Esch & Kana, 2007). Tests of control Substantive tests of transactions Analytical procedures validity Ensure the raw materials and inventory storage is safe from theft and fraud Physical examination to ensure the warehouses are safety locked, and only authorized personnel access the facility Recorded transfer of inventories exists and is accurate Test the transfer of raw m aterials from warehouse to manufacturing facility; compare the quantity, description, with information in materials master file. Compare the completed goods with the finished goods master file (Gupta, 2005). Ensure information matches the inventories master file and approval has been done by the purchasing manager Timeliness Ensure inventory shipping schedules are processed daily. Ask the client about it Inventory valuation Inventory is

Tips for writing formal reports Essay Example for Free

Tips for writing formal reports Essay 1. I t is necessary to write for a specific audience e.g. colleagues or the scientific public and to recognize the kind of information and order that that person or people will require. This means that there is no one format. 2. All reports must be written in the third person rather than the first or second i.e. ‘100 mls of water was added.’ Rather than ‘I’ or ‘We’ added 100 mls of water 3. A Grade Sheet is required as the first sheet This, like the rest of the report, should be produced on a word processor, double spaced on standard unlined paper with 1 inch margins all round. I t should include the experiment’s number, title of report, date and authors name. 4. Pages should be numbered from the title page onwards. 5. If this is a report produced by a student it should have a title page with the following information:- the title of the course taken, the author and title, names of any associates who assisted with the experiment, the name and address of the college department involved, the person to whom the report is being submitted such as a professor and the date of that submission. 6.This is followed by either an abstract , or the executive summary, usually of about 200 words, on occasion longer. These are written after the completion of the experiment and the rest of the report. The following points should be included, the purpose of the work, a statement of how this was accomplished and a summary of any conclusions reached together with any recommendations for future action. 7. This is followed by a table of contents. 8 There follows the introduction an explanation of why this experiment was done. 9.Then comes the experiment i.e. what was done and why 10 The results are outlined and discussed 11 Finally there must be a brief conclusion and any recommendations. 12 References should be made according to an agreed format e.g. A.P.A. 13 In some cases an appendices are needed for such things as lengthy lists of statistics or a list of calculations made. Each appendix should be numbered separately 14 Any report must be carefully checked for accuracy before submission.

Dickens employs a rich variety of settings and characters to embody :: English Literature

Dickens employs a rich variety of settings and characters to embody the continual struggle between darkness and light central to his novel Great Expectations. Examine how the author has captured this symbolic battle â€Å"Great Expectations† By Charles Dickens Dickens employs a rich variety of settings and characters to embody the continual struggle between darkness and light central to his novel Great Expectations. Examine how the author has captured this symbolic battle, and how it has been dramatically linked to Pip’s ever-changing fortunes. Dickens captures the symbolic battle between the darkness and the light by employing a wide diversity of settings and characters to represent the ever-changing situations that Pip is in. The characters are always correlated to the background to convey the lessons that Dickens wants to show and he uses the characters to (more or less) tell the story, which gives the novel an almost theatrical, feel like the backgrounds are painted to suit the event. The author makes it easy for us to imagine the setting which creates these very dramatic, colourful backdrops in our imagination, by creating the mood and the atmosphere of the book. A continual question that is kept throughout the story is whether Pip’s aggressive side has anything to do with his working class background and how uneducated he is? As the reader we can only conclude this question right at the end of the novel, when Pip essentially aspires to his â€Å"Great Expectations† and his new status. Pip has two sides to his ever-changing character, a good side and a bad side which is very much influenced by where he is or what is happening. It becomes clear as the novel progresses that whenever Pip is with Mr Joe Gargery his, loving, kind side is always brought out. Joe is always linked to the brighter side of nature, a man who never thinks or talks ill of anyone. It is Joe’s influence and presence that is evidently replicated upon Pip in this quote â€Å"There I stood, for minutes, looking at Joe, already at work with a glow of health and strength upon his face that made it show as if the bright sun of the life in store for him were shining on it.† Whereas whenever Pip is in the company of Miss Havisham who is forever linked to darkness, death and decay †I saw Miss Havisham going along it in a ghostly manner, making a low cry†, â€Å"She sat, corpse-like† we are given the impression that Pip becomes torn between the two different worlds. This is due to the fact there is this bright star, Estella who brings light into

Developmental Psychology and Good Quality Activities Essay

1.1 It is important to remember that these six areas of learning do not work in isolation but are in fact interlinked. Good quality activities will cover more than one area of development. For example, allowing children to access the outdoors will not only support their physical development, but encourage their communication and exploration of their environment. Where a child experiences a delay in one area, it is likely to limit their learning and development in the other five†¦a child with cerebral palsy who experiences hand-eye coordination difficulties is likely to find completing a puzzle difficult therefore hindering her problem solving, reasoning and numeracy. It is therefore vital that settings recognise each child’s individual needs and plan holistically in order to help children achieve their full potential across the six areas of learning. Personal, Social and Emotional Development †¢ Dispositions and attitudes †¢ Self confidence and attitudes †¢ Making relationships †¢ Behaviour and self control †¢ Self care †¢ Sense of community Communication, Language and Literacy †¢ Language for communication †¢ Language for thinking †¢ Linking sounds and letters †¢ Reading †¢ Writing †¢ Handwriting Problem Solving, Reasoning and Numeracy †¢ Numbers as labels and for counting †¢ Calculating †¢ Shapes, space and measures Knowledge and Understanding of the World †¢ Exploration and investigation †¢ Designing and making †¢ ICT †¢ Time †¢ Place †¢ Communities Physical Development †¢ Movement and space †¢ Health and bodily awareness †¢ Using equipment and materials Creative Development †¢ Being creative/responding to experiences, expressing and communicating ideas †¢ Exploring media and materials †¢ Creating music and dance †¢ Developing imagination and imaginative play 1.2 We assess and record all the children’s observations and document them in their learning journeys. These get used by the staff to 9show how well the child has developed in their learning, the staff try and put at least 3 observations a month into the journeys. Once the child leaves the setting they can take them onto where ever they are going next. We also use daily diaries what the key workers fill out to show the parents how their day has gone and what they have eating. More important documents e.g. accident forms get filled out and stored away in the office where the manager will assess them and then lock them away for confidentiality. 4.2 Using a topic a child is really interested in can allow for sustained shared thinking it can be talking about something or doing something which encourages conversation like we have done planting with our children this has really captured their imagination the children are talking about what they think seeds are going to grow into what happens as the plants grows, what might the plant produce. We are getting the children to reach conclusions, and explore concepts at a deeper level. The children are thinking about processes and are making connections to things they have already learnt and new information. Processing the information we have given them making them think.

John Berger Essay Essay

While in the Museum of Fine Arts in Boston, I traveled through the different galleries and their various cultures; discovering all sorts of arts from Contemporary art, to American art, Japanese art, and even the Egyptian art where I could appreciate the complexity of mummies. Throughout all these diverse cultures of art, I was questioning myself and started to wonder how I could understand art beyond others’ opinion about them. Moreover, I realized that it was a question John Berger, critic of art and author of the Ways of Seeing, raised in his essay, and it is a question that will always be raised while demanding how to understand a certain art. Walking through a room where various French artists had their paintings exposed, I fell in front of the artwork (see above) painted by Paul Gauguin. I did not choose a French artist to make me remember the French culture that I am missing here in Boston, nor to pretend that the French are advanced in art, but a way to analyze and understand, with the experience of a famous art critic, an artwork from an artist who astonished me in my previous art classes. D’ou venons-nous, Qui sommes-nous, Ou allons-nous? By Paul Gauguin I chose a painting that had a warm expression, and complex story emanating from it. As the title of my essay indicates, the title of the painting translated in English is â€Å"Where are we from? Who are we? Where are we going? So many questions in the title and the painting, but there were as much coming through my mind while studying this image. This artwork is very ambiguous because I do not know how to start looking at it. I can observe people appearing half naked in the foreground, but we cannot really tell why they appear there. The statue in the back makes the questioning more obscure. It seems lik e an Oracle that gives people their destiny, and that is maybe why they all look so sad. Truly, I felt that this image was a representation of my origin country, West Indies, by the color Gauguin used. He used the blue to symbolize the ocean surrounding the island, and the mixed race of the habitants by the warm and beige color or the characters. I felt as if I was in the center of the painting, more precisely in the position of the child being observed in the right corner, and waiting to be reassured. I also felt like the person in the middle of the painting, standing up and waiting for answers while traveling through this painting. Gauguin’s artworks are extremely complicated to decipher, so are they to analyze. Gauguin is an artist I studied back in France in my art classes. Consequently, I had seen many of his works, and even the painting I chose; However, I had never asked myself how knowing about his life could help me study his paintings. I was taught in my art classes how to analyze art in a more technical way than in an analytical way like Berger supported. Indeed, when we were looking at the entire structure of the painting with my art class method, we were focusing on the brush strokes, the color, the tone, lines and forms, and the composition of the painting. If I had to describe the work of art I chose based on technical features, I would examine the painting saying that the brush strokes could express many emotions at the same time, and describe the painter style and art movement. Gauguin was also part of the post-impressionist painters with artists such as Paul Cezanne or Van Gogh. Post impressionist art was more focused on color, lines, outlines and perspective. Concerning Gauguin, the complexity of shapes is very important in his paintings due to their abstract significations. In fact, the lines were not straight; they were round and suggesting bodies that we did not see in art before. Moreover, the color had its importance. Post impressionist artists like Gauguin used color and color combination in order to create ‘vulgar’, ‘calm’ or ‘bold’ impressions (Robert Hughes). The analysis of the painting I just did was very technical and structural, but in no sense relevant for understanding the thought process as Berger explained. I was subject to mystification as John Berger explained in his essay as â€Å"the process of explaining away what might otherwise be evident† (103). Indeed, mystification appeared while I was looking at the painting. I could sense a certain limit of my understanding due to the previous art classes I had. In other terms, it meant for me that words were coming before seeing whereas seeing should come before words as Berger deciphered in his essay. My mind was already set for a certain critic about the painting based on the knowledge I had; Consequently, I could not have another point of view vis-a-vis the painting I was staring at. Although I learned a lot from my art classes, especially how to describe an artwork contextually, the observations and point of view of Berger about art gave me enough elements o have a complete analysis of an image, both contextually and historically. Using Berger as a guide for art description helped me to learn more about the painting historically, and much more about the painter himself to have a complete understanding of the artwork. Prior to this assignment, it had never occurred to me to use the biography and the background of the painter in order to facilitate my understanding of the painting. When Berger quoted â€Å"When we see a landscape, we situate ourselves in the it. If we saw the art of the past, we would situate ourselves in history. † (100) in the essay led me to start the analysis of Gauguin’s painting in a very different way. Actually, when I focused more on the painter’s life, and follow Berger’s analysis, I learned that Gauguin wanted to commit suicide after he painted this image. Plus, even though there was a caption under the image saying that it was his last painting, I would not have noticed that it was his last painting, which refers to what Berger described when he talked about Van Gogh’s last painting. Berger cited â€Å"The way we see things is affected by what we know or what we believe† (97). Clearly, it means that the details you know about a certain painting will prevent you from analyzing it innocently. Based on the art experience I acquired in class, I would have said that the image implies sadness because of the choice of colors, which were darker than his previous works. However, I think that the title gives us more details about his thoughts while he was painting. Through reading of artistic reviews or even my art book, named Shock of the New by Robert Hughes, I discovered that this work of art should be read from right to left, with the three main groups of people illustrating the questions that are asked in the title. The first group with the three women looking at the child represents the beginning of Gauguin’s life, making a reference to his parents, then there is the group in the middle which symbolizes all the experiences he went through while being a young adult. The last group shows an old lady close to death because of the darker color he used, moreover, there is an odd white bird at her feet, which could represent the guide to heaven. In the background of the painting, there is a blue statute, which represents what Gauguin described as the hereafter. This painting seems like a flash back of his life, and these three questions lead us to comprehend him better. Gauguin left a lot of non-answered questions about this painting, considered as a testimony to his life by many critics of art. Indeed, this painting is very complex. I learned by reading my previous art book, that Gauguin wrote a letter to his friend stipulating the reasons of the painting. In this letter, Gauguin said that he had decided to commit suicide in December; therefore, he wanted to paint on a huge canvas all the things he had on his mind for so long. Things he absolutely wanted to paint before his death. In this letter, Gauguin also confessed that the value of this painting is so much ahead of his precedents, and that it was a one of a kind that he could not nor would not try to produce a better painting. This sentence clearly explains that he reached the height of his life, and that now he drew this painting, there was nothing else he could do better or similar except terminate his life. Gauguin was wondering a lot about the existence of the world, and this perpetual questioning led him to the entitlement of this painting. As I said earlier in my essay, each group of people appearing in this painting is applied to a specific question of the title. Those questions made me think about my own life. Indeed, the questions he used are somehow important to everyone to really understand the meaning of their lives. Berger said â€Å"The way we see things is affected by what we know or what we believe† (97). While looking at this painting, I could recognize some events of my life, for instance, I could recall where I am from and what are my origins, as well as how I did to accomplish such academic success and arrive in the United States. Furthermore, due to my art background, I could understand better the expression and feelings Gauguin was trying to deliver in this painting with his powerful colors and thick traits. Approaching art is not easy at first glance, thus approaching it with different methods makes it more difficult to understand. Throughout my life, I have been able to view art in many different context, either artistically speaking when I was in art classes in France, or analytically this year when I had to analyze art with the support of an art critic opinions. For me, both ways were complementary to each other and drastically improved my understanding of art. Complementary in the sense that I could rely on my technical knowledge of art to understand the structure of a painting, and also analyze the story of the painting as Berger mentioned to fully understand the underlying message of an artwork.