This website uses cookies to ensure you have the best experience. Learn more

Audit Essay

594 words - 3 pages

     Environmental protection

With the rapid development of the society, the rate of economic growth is becoming an increasingly important part for people to judge the government nowadays. Therefore, some governments in the world decided to ignore environmental concerns in order to increase economic growth. So human activities have caused great destruction to the earth in many ways.

First of all, many nations, especially the developing nations including China and India, have been confronted with pollutions brought by the excessive exploitation, which has threatened. Admittedly, no one can deny that depending on natural resources is one of the fastest ways for a country to increase economic growth. Natural resources such as trees and fossil fuels hardly exist in many countries in the world, so these countries have to import natural resources from other countries. Many countries in the world do not have large ...view middle of the document...

However, some, including me reasonably conclude that human beings should not ignore environmental concerns even to increase economic growth. It is our responsibility to protect our environment for our descendants. There are following reasons and approaches. The first reason for my propensity is that health is as important as air and water in our lives, therefore we could not increase economic growth by destroying citizens’ health. We all know that the environment is related to the citizens’ health. If the government destroys the environment in the country, the health of people in this country will also be hazarded. One of the representative samples to illustrate this point is England. England is the first industrialized country in the world and also the most powerful country in the world. But in order to gain economic growth, the government decided to ignore the environmental concerns. The environment in some industry cities in England was been fully destroyed. According to a survey, the people who live in these cities have higher disease rate than people who live in those cities which environment had not been destroyed.

Another reason deserving our special attention is that in order to develop the economy continually, the environment has to be protected carefully. And now, some countries even spend a large amount of money on repairing their environment. A survey conducted by the Chinese National Statistic Bureau shows that in order to repair the environment, the government has to pay more than fifty percent of money than it earns by selling the natural resources. In this way, protecting the environment is also a good way to increase economic growth. As a result, nowadays many countries have noticed the importance of the low carbon development. For instance, the green economy has become a popular term discussed by many local governments in China. And the State Meteorological Administration has begun to release the daily report of the emission of carbon dioxide. Media also has paid lots of attention on this issue regularly. These facts have all shown that it is unwise to ignore the environment for the sake of developing the economy.

Other Papers Like Audit

Audit Evidence Essay

1868 words - 8 pages INTRODUCTION 1.     This standard explains what constitutes audit evidence and establishes requirements regarding designing and performing audit procedures to obtain sufficient appropriate audit evidence. 2.     Audit evidence is all the information, whether obtained from audit procedures or other sources, that is used by the auditor in arriving at the conclusions on which the auditor's opinion is based. Audit evidence consists of both

Latvia - Audit Essay

1106 words - 5 pages Audit in Latvia Latvia has created a decentralised internal audit system, i.e. own internal audit system is established within each ministry, directly subordinated to the head of the institution and directly reporting him on the audit results. To ensure appropriate work of the internal audit units, the Government of Latvia approved the Regulations Nr. 342 "On the Internal Audit" on 5 October, 1999, that stipulate the obligations and tasks

Seminar Audit

698 words - 3 pages Nama : David Wijaya NIM : 1501149075 Kelas : LC53 Untuk saudara menjadi seorang auditor yg profesional maka pada saat saudara mendapat tugas audit, saudara  harus tahu apa yg dilakukan terkait dengan standar audit, jelaskan apa yg diimplementasikan? 1. Standar auditing merupakan penjabaran lebih lanjut dari masing-masing standar yang tercantum di dalam standar auditing. Standar Audit berisi ketentuan-ketentuan dan pedoman utama yang

The Audit

1442 words - 6 pages Chapter 1 Introduction to Audit & Assurance Engagements Difference between ACCOUNTING and AUDITING • Accounting – preparing financial statements • Auditing – examining financial statements Financial Statements Consist of: • A statement of financial position • A statement of profit or loss • A cash flow statements • Notes to the financial statements • Statement of movement in reserves Together with the

Audit Midterm

1374 words - 6 pages that auditors should extend verification beyond “the books” to establish the actual existence of the assets and liabilities shown on the balance sheet. Confirmation of receivables and observation of physical inventory became mandatory audit procedures. 2. Briefly describe an American audit at the turn of the 19th to the 20th century. Bookkeeping was only briefly reviewed while the balance sheet and verification of current assets

Internal Audit

2466 words - 10 pages environments • Identify types of control activity • Distinguish between general controls and application controls • Identify inherent limitations of a system of internal controls • Specify the composition of an audit committee Internal Control [pic] Internal control: ‘The process designed, implemented and maintained by those charged with governance*, management, and other personnel to provide reasonable assurance about

Audit Program

373 words - 2 pages Cash Receipts Audit Program Objectives: 1. To ensure that all cash receipts are promptly and accurately reported. Areas To Considered: 1. Only authorized persons, with no conflicting duties, have access to cash receipts, data files, programs, and related records. 2. Customers are instructed to direct all payments to the lock box. 3. Has the location considered alternatives to the lock box for prompt utilizations of funds

Audit Case

1806 words - 8 pages The Case In this case, Patrick Walker is an audit partner at a medium-sized CPA firm. Pat has decided to invest in a mutual fund that is managed by a third-party distributor, Fidelity Investments. Of the shares that are outstanding of this mutual fund, he owns less than 1%. It is also important to note that Pat’s mutual fund is diversified. Pat’s private client, XYZ Corporation, is a part of his diversified investment portfolio and happens

Audit History

1025 words - 5 pages for the profession as a whole. In 1933 congress brought about the Securities Act of 1933 and soon after the Securities Exchange Act of 1934, which also brought about the Securities and Exchange Commission. The greatest growth the accounting profession ever saw was when the SEC made it required that all publically traded companies bring in internal CPA firms to audit their financial statements. As we continue to travel down the auditing

Marketing Audit

1449 words - 6 pages marketing Audit MARKETING AUDIT Definition and Scope Marketing audit is defined by Kotler thus: “ A marketing audit is a comprehensive, systematic, independent, and periodic examination of a company’s or business units marketing environment objectives, strategies and activities with a view to determining problem areas and opportunities and recommending a plan of action to improve the company’s marketing performance. The

Audit Project

591 words - 3 pages . Highlights of the happenings. * Production flow / process * Production capacity * Other related activities II. Audit Firm A. Name of Company Visited 1. Company Profile * Short description of the company visited. * Vision, Mission, Values * Services offered * Other related information pertaining to the company 2. Observations * Short factual narration of the experience during the visit. Highlights of the

Related Essays

Draft Audit Essay

600 words - 3 pages Answer: (i) The draft audit report of Willis Sdn Bhd for the year ended 30 August 2010 has contains a disclaimer of audit opinion. A disclaimer opinion is used only when the auditor is unable to satisfy sufficient appropriate audit evidence on which to base the opinion, and where the possible effect on the financial statements of undetected misstatements could be both material and pervasive. This draft audit report produced by audit

Audit Quality Essay

843 words - 4 pages Derek Fiestadt 3/12/15 Professor Muzatko Audit Quality Due to several recent accounting scandals over the last 20 years, regulatory organizations such as the SEC and AICPA have required a higher standard for auditors to comply. All audits are expected to conform to Generally Accepted Auditing Standards (GAAS), which would lead one to believe that all audits are of the same quality. This however is not the case. In this paper I will discuss

Audit Assignmenr Essay

988 words - 4 pages Types of Audits To distinguish between the types of audits that may be used for each process of Kudler Fine Foods IT Systems, the auditor must first determine which audit is appropriate. There are different audits available for the processes at Kudler Fine Foods; including attestation, findings and recommendations, SAS 70, and SAS 94. The auditor will need to decide which audit is most appropriate for the Accounting Information System and the

Audit Proposal Essay

1067 words - 5 pages Audit Proposal Tonja Wallace Georgia State Accounting Information Systems ACC 542 Deborah Johnson September 06, 2010 Audit Proposal Our firm has been working with Kudler Fine Foods for several weeks implementing a new accounting information system (AIS) that will assist with the process of payroll, inventory, accounts receivable and payables along with the daily sales. The current AIS that have been implemented will address the