Question
You are working as an audit assistant in reliance Audit Firm. Mazoon Dairy Company is the largest integrated dairy project in the Sultanate of Oman,
You are working as an audit assistant in reliance Audit Firm. Mazoon Dairy Company is the largest integrated dairy project in the Sultanate of Oman, is one of your clients.
Mazoon Dairy Company management provided the financial statement for the year 2020 for conducting audit. Your chief auditor asked you to check the Cash Book of the company.
a) Why company needs to verify its cash book? b) Discuss the common procedures to be followed by you at the time of verifying cash book. c) Provide some suggestions to control misappropriation of cash.
______________________________________________________
Good corporate governance helps companies build trust with investors and the community. As a result, corporate governance helps promote financial viability by creating a long-term investment opportunity for market participants. Still it has some issues.
a) Identify the issues related to the corporate governance in Oman b) Provide your suggetions to overcome the issues.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started