where can I find the answers? Kaplan Audit text only hasthose questions, not answers, who has the solution manual?
ABC Berhad has undergone a period of substantial growth following its establishment five years ago by two plumbers who pooled their redundancy pay. Because of a lack of accounting expertise within the company it has traditionally looked to its auditors, EE Audit Co, for accounting services in the preparation of annual financial statements as well as for the statutory audit function. EE Audit Co have also provided advice in connection with the company's accounting and internal control systems. EE Audit Co is a two partner firm of certified accountants and registered auditors whose clients are mainly sole traders, partnerships and small limited companies. Although ABC Berhad was originally a typical small company client, its growth over the last 5 years has meant that it now accounts for approximately 20% of EE Audit Co’s gross fee income and the company has indicated that it may wish to issue shares on the Bursa Malaysia KLSE in the near future.
Required:
(a) Discuss the extent to which it is acceptable and desirable that EE Audit Co have in the past provided the three services of statutory audit, advice in connection with systems, and accountancy services in the preparation of annual financial statements to ABC Berhad.
(b) Discuss the acceptability and desirability of EE Audit Co continuing to act in the future as auditors to ABC Berhad while continuing to provide the other services
this is profit makingcompany...its is better than today Mexter, Kgroup, Mqtech, Huaan, Cuscapi, Flonic, HHHGroup lost making company which in top 20 counter Bursa today
another 2 more, Etitech and Amedia also lost making company...so buying CME and waiting for the right time to goreng is better...like Priva, Dgsb, Genetec
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Posted by yiqqre > 2015-03-12 21:40 | Report Abuse
Tomorrow go up or down?