No limits to knowledge
Article Abstract:
A revised version of the Canadian Institute of Chartered Accountants Handbook Section 5140 was released to clarify points regarding the auditor's knowledge of the entity's business. Revision was made to emphasize how vital this knowledge is in making an effective audit and to show how much and when knowledge can be obtained. The revision ruled that obtaining and applying knowledge of the entity's business are useful in all components of the audit. It also stated that knowledge is obtained in a limited context and in its absence, the auditor must consult someone with the needed knowledge.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1996
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Search and seizure
Article Abstract:
Several tips on how to properly handle police officers who want to conduct a search of accounting offices under the power of a warrant are discussed. The first thing office managers should do is to call a lawyer and avoid getting in the way of the search. They should also request to see the warrant and should instruct their employees to avoid talking to the investigating officers.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1995
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