MGT223H5 Study Guide - Midterm Guide: Patent Infringement, Bell Mobility, Chartered Professional Accountant
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Mgt 321 midterm test fall 2014. The test should be written only in pen. Question one (professional judgment) (30 marks) (27 minutes) The mississauga business news is the primary source of business information in peel. Besides containing interesting advertisements it also contains interesting articles. Case of york university entitled, the modern audit users beware contained the following statements . With the recent merger of the three accounting bodies, (ca, cma, cga) the audit profession is more at a loss then ever before. They have no guidance as to what to do on an audit. Clients preparing financial statements can choose whatever accounting standards they want as long as they are disclosed to the users. No effort is made to consider whether the business being audited is going to continue to exist. My research shows more and more companies that fail have had an unmodified audit report.
