MPstudent

MPstudent | Joined since 2015-03-12

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

6

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
6
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2015-03-13 21:46 | Report Abuse

next Monday due date!!~~~~~~ stressssssssssssssss ==
please advice me where can get answers, hopefully your kind ness will bring good luck to you

thanks.


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.

Stock

2015-03-13 21:45 | Report Abuse

Can any one please teach me, especiall Question (a), ... thanks.

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.

Stock

2015-03-13 21:45 | Report Abuse

or Fam Jenny, since you are famous, can you help me where can I find answers. lecturer want it next monday!!!!!!!! stressssss



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.

Stock

2015-03-12 22:57 | Report Abuse

Can any one please help me!... sorry to disturb you here,

Can anyone find the answer for these questions? Please help me.
Next Monday is due date!!!!!

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.

Stock

2015-03-12 22:56 | Report Abuse

Ayam Tua, or any one, can you please help me

Next Monday is due date!!!!!

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

Stock

2015-03-12 22:56 | Report Abuse

Ayam Tua, friends, HELP!!!!HELP!!!!HELP!!!!HELP!!!!HELP!!!!

Can anyone find the answer for these questions? Ayam Tua? Please help me.
Next Monday is due date!!!!!

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.