Question 2
MEMO
To: Mr. A. CEO – Canadian Wood Toys INC.
From: … CAE – Canadian Woos Toys LTD
Date: October 05, 2014
Subject: Identify the risks and solutions to mitigate the risks
I will begin by highlighting the importance of the audit in assessing the risk and identifying the steps in reducing and mitigating the risk that our company is facing.
The impact of the risks on global business it is dramatic in our days, changing the entire look of the industries and financial services. Some risks could be anticipated and identified but some could not. Companies now are using more and more key steps and principles to better manage the risks by;
*** identifying the risks relevant to the organization
*** assess the significance
…show more content…
Once a plan is implemented, it is continually monitored to assess its efficacy with the intent of revising the course-of-action if needed.
I would like to reiterate as stated in the IAA Standards that the organization should fully understand that management remains responsible for risk management. As Internal auditors, we should provide advice, and challenge or support management's decisions on risk, as opposed to making risk management decisions.
Below are some of the responsibilities that will not fall under the audit team:
• Setting the risk appetite.
• Imposing risk management processes.
• Management assurance on risks.
• Taking decisions on risk responses.
• Implementing risk responses on management's behalf.
• Accountability for risk management.
Question 4 MEMO
To: Director of Internal audit Department
From: …. Assistant Director Internal audit
Date: October 06, 2014
CC:
As requested, I have prepared a plan for auditing the division
Location: Limited partnerships have to be formed in compliance with individual state laws. As long as the partnership is legal in a given state, the partnership may do business.
Offer- This is defined as a clear manifestation of willingness to enter an agreement made by another person with full understanding that their assent to the bargain is an invitation and is concluded.
| In order for employee to be eligible, company must have a minimum of 50 employees working within a 75 mile radius of the plant.
The manager will need to ensure that they have the correct level of rapport with their employee. Too familiar in nature may be misconstrued as forward and harassing in the wrong context. However no personal rapport whatsoever may provide the receiver of the information with the impression that the sender of the information is just not interested. A fine line must be weighed up for each individual. When a good rapport has been achieved, then the person will uncritically accept suggestion or advice which they are given.
2. Draw a flow diagram of the unit operations involved in sugar refining and at each step write a brief sentence explaining what is occurring. Use the information from SKIL site to develop your flow chart. Since the information does not start from the beginning of the refining process, please include an extraction step (extraction is explained in your textbook). Either milling or diffusion is
The Family and Medical Leave Act sets regulations for job-protected leave related to family and medical reasons. FMLA applies to organizations with 50 or more employees working within 75 miles of the employee’s worksite (“Employment Laws,” n.d., para. 6). Employees who have been with their current employer for 12 months and who have worked 1250 hours of service in the previous 12 months are eligible for 12 weeks of unpaid leave through FMLA (“Eligibility Requirements,” Revised 2013). FMLA covers the following leave reasons:
1. Explain how observed teleconnection patterns can help in the preparation of a seasonal weather forecast.
In the parenthesis enter the cell number and letter to find total expenses per week. (i.e.) =sum(b5:b11)
1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points)
The teacher has to be responsible for designing the scheme of work, lesson plans, obtaining up to date qualification handbooks, agree individual learning plans, carrying out risk assessments, write realistic aims.
What is the thesis of Johnson’s essay? If it is stated directly, locate the relevant sentence or sentences. If it is implied, state the thesis in
Read the following short essay, and then write a 3-5 page response (12-point font, double-spaced, normal margins, no cover page, no binders). Your response should do the following three things: (1) state what the main conclusion of the essay is; (2) state what the most important premises (including sub-conclusions) are—i.e., state which premises are most important if the argument is to rationally convince its audience; (3) evaluate the quality of the argument, giving detailed reasons to justify your evaluation. For purposes of evaluation, assume that the speaker is a contemporary Canadian philosopher and the audience is a group of students in Introduction to Philosophy.
1. Based on the readings from weeks one and two, discuss the images of America the European writers constructed to promote colonization and settlement. What kinds of unique natural resources and environmental factors did they extol in their accounts of the New World? Relate these images to natural resources and environmental factors today.
Convenience/Burden- Like a general partnership a limited partnership is easily formed and can enjoy pass through-taxation. It can also be easier to get financing with a limited partnership. A downfall of the limited partnership is that the death of a general partner can dissolve the partnership unless a prior agreement has been established.
This study is based on thirty comprehensive interviews with Muslim men and women who reside within the San Antonio metropolitan area. Each interview lasted approximately one and half hours and were digitally recorded, then transcribed. All of the interviews had been conducted on a one on one basis at their residence. All interviews were based on open ended discussion on what is important to a Muslim family. The items discussed in the interviews had included age, faith, education, family, culture, heritage, marriage, ethnicity, immigration status, and profession. These individuals come from diverse educational and occupational backgrounds. Their professions were comprised of six physicians, five dentists, three graduate students, two attorneys,