L6 Notes_Part_1 - Homer Jackson-President $26,000 Lucille...

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© W.R. Knechel J. T. Smith moved that the computer equipment that was no longer being used in the Kingston office, because of new equipment acquired in 2006, be donated to the Kingston vocational school for use in their repair and training program. John Aronson seconded the motion and it unanimously passed. Annual cash dividends were unanimously approved as being payable April 30, 2007, for stockholders of record April 15, 2007, as follows: Class A common-$10 per share Class B common-$5 per share Officers' bonuses for the year ended December 31, 2006 were approved for payment March 1, 2007, as follows:
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Unformatted text preview: Homer Jackson-President $26,000 Lucille Renolds-Vice President 12,000 Ronald Wilder-Controller 12,000 Fred Brick-Secretary-treasurer 9,000 Meeting adjourned 6:30 p.m. Fred Brick, Secretary © W.R. Knechel Implementation of the Audit Process Client Acceptance and Retention Understand Client’s Industry Evaluate Internal Control Preliminary Analytical Procedures Knowledge Acquisition of Current Conditions Audit Completion and Reporting Audit Procedures Planning Customer Service Processes Supply Chain & Production Processes Resource Management Processes Tests of Financial Statement Assertions...
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This note was uploaded on 10/05/2011 for the course ACG 5637 taught by Professor Monikacaushoulli during the Fall '08 term at University of Florida.

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L6 Notes_Part_1 - Homer Jackson-President $26,000 Lucille...

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