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[solution]: t Answer A. What factors led to the economic prosperity of the


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hi there i am taking auditing from mcmaster 

for this course i have an assginment and i have chosen public company 

tim hortons and i need answer for following question please help me for following questions 

http://www.timhortons.com/ca/en/pdf/THI_Q2_2014_10-Q.pdf


and i guess this link would be helpful


For the company assigned, prepare an Appendix containing a copy of its balance sheet, comprehensive income statement, revenue recognition accounting policy and one other accounting policy you think important to understanding the risk of material misstatement of its financial statement at the overall level. (10%)

Briefly outline the company?s corporate governance structure, including the composition of its Board of Directors, Audit and other Committees of the Board. Describe who are the owners of the company. Use this information to identify key stakeholders who will use the companies? audited financial statements. The Annual Information Form on SEDAR is a good source of information for this. (10%).

Identify ?those charged with governance? for this company. Provide an explanation from the CAS of what this term means to you as the audit engagement team. (20%).

Explain the factors your team must consider in order to decide whether or not to accept the audit engagement, and provide your recommendation on acceptance, with supporting reasons. (20%)

Determine an appropriate planning materiality level to use for planning purposes. Explain what the term materiality means, and how it will used in your audit. Justify the materiality level you have chosen using the class discussion question as a basis for this part of the project. (20%)

Prepare the final printed report documents for submission, compile and edit the report for clarity, consistency and logic. Prepare cover page (must include all team members names and student numbers), executive summary, and reference list if applicable. (20%).


 


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