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GROUP ASSIGNMENT ACC106 GROUP: AM1101B PREPARED BY

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In our financial statement, expenses are of significant value. Their proper identification, transaction, controlling can ensure sucess or failure of a complete business unit. On practise on a lack of sufficient internal control or due to behavior of human naturethey don't depicts the actual nature of its underlying value and occurrence. Generally, if expenses are under continuous scrutiny under a approving authority which helps to identity the true nature of the expenses on timframe of human memory with the rates and quantity with which it has occurred then there exist very less opportunity of manipulation. Expenses are generally used as tools for assets misappropriation by employees where manipulation of figures and quantity are generally performed and practiced as per generally business conduct. Hence with this paper we are trying to find the relevant data analysis tools that will help us identity the correctness of the data's that are provided for expenses analysis from a petty cashier for 5 months. Here the data is for average of 8 peoples with total of amount of NPR 26,014 with the total working days as 111 days. We have used the tools like dimensional averages of data's in terms of time, Benford law, Pareto and histogram analysis, audit program using data analysis. Here total of more than 50 sub items are purchased that constitutes the expenses per day for preparation of lunch of an office. We have performed a natural audit procedure that can be used as an alternative to one to one vouching methods to save time and hence be more effective in auditing. These analysis methods will help us identify the food expenses pattern for hotels, restaurants, canteen and other necessary food sales related industries.

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ACC 106 GROUP PROJECT 2 FARAH ADILA-AMISHA-BALQIS-SITI-NIK (1)

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IMAGES

  1. ACC106 Group Assignment

    acc106 assignment conclusion

  2. Group Assignment ACC106

    acc106 assignment conclusion

  3. ACC106 Group Assignment 2

    acc106 assignment conclusion

  4. ACC106- Reviewers

    acc106 assignment conclusion

  5. Assignment ACC106 ( Introduction to Finanvial Accounting and Reporting

    acc106 assignment conclusion

  6. FULL MARK FOR ACC106 ASSIGNMENT- RELOVE THRIFT

    acc106 assignment conclusion

VIDEO

  1. ACC106/ACC117 CHAPTER 2 QUALITATIVE CHARACTERISTICS WITH ACCOUNTING ASSUMPTIONS & CONCEPTS

  2. MATT Assignment Conclusion and Reflection

  3. ACC106 PART 3 ACCOUNTING EQUATION AND CLASSIFICATION

  4. ACC106 CHAPTER 3: SUMMARY

  5. ACC106 PART 5 ACCOUNTING EQUATION AND CLASSIFICATION

  6. 580 Critical Assignment Conclusion