audit opinion
71negative assurance — 1. . A weak form of external *audit opinion in circumstances when an auditor does not follow *Generally Accepted Auditing Standards (GAAS). Negative assurance is offered by external auditors to support specific transactions like *flotations, and… …
72disclaimer — An external auditor’s judgment that it is impossible to give an *audit opinion on an entity’s *financial statements. Disclaimers are issued when an auditor is faced with the following types of problems: (i) insufficient *audit evidence, (ii)… …
73MCI Inc. — MCI, Inc. is an American telecommunications company that is headquartered in Ashburn, Virginia. The corporation was the result of the merger of WorldCom (formerly known as LDDS followed by LDDS WorldCom) and MCI Communications, and used the name… …
74supervision — The oversight, review, and correction of a matter. In auditing, supervision of audit staff is a fundamental control to ensure the quality of audit work and to ensure that a correct *audit opinion is reached: Failure to comply with accepted… …
75Scouting in Illinois — has a long and rich tradition, from the 1910s to the present day, serving thousands of youth in programs that suit the environment in which they live. Illinois is the homestate of the BSA founder, W.D. Boyce. Contents 1 Early history (1910 1950)… …
76proper accounting records — Accounting records that are sufficient to show and explain an organization s transactions. For a company, the Companies Act requires that these records should be able to disclose with reasonable accuracy, at any time, the financial position of… …
77proper accounting records — Accounting records that are sufficient to show and explain an organization s transactions. For a company, the Companies Act requires that these records should be able to disclose with reasonable accuracy, at any time, the financial position of… …
78independence — The absence of a relationship, obligation, or *conflict of interest that could comprise an auditor’s judgment. In external auditing, independence can be subverted (or can be perceived to be subverted) by many factors, including the following: (i) …
79NextCard — NextCard, Inc. was a United States company that was one of the first issuers of credit cards online, and the first to offer instant online approval. Its headquarters were located in San Francisco, California and maintained offices in Livermore,… …
80Negative assurance — is a method used by the Certified Public Accountant to assure various parties, such as bankers and stockbrokers, that financial data under review by them is correct. Negative assurance tells the data user that nothing has come to the CPA s… …
