4
Forecasting Demand
4-1
Outline Continued
Forecasting Approaches
Overview of Qualitative Methods
Overview of Quantitative Methods
Time-Series Forecasting
Decomposition of a Time Series
Naive Approach
4-2
Outline Continued
Time-Series Forecasting (
5
Product Design
5-1
Regal Marine
Global market
3-dimensional CAD system
Reduced product development time
Reduced problems with tooling
Reduced problems in production
Assembly line production
JIT
5-2
Product Decision
The objective of the product de
Chapter 3. Decision Analysis
Section 3.1. Decision Trees with Conditional Probabilities
Example 3.1 . P&G's Tide
Table 3.1. Given
New Product Payoff
($000)
Tide with Zonrox
Tide with Downy
Do nothing
Probability
State of Market
Successful
Failure
20.0
-18
Calculating Revised Probabilities
for Market Survey
Lesson 3.2
Bayesian Analysis
Many ways of getting probability data
It can be based on
Managements experience and intuition
Historical data
Computed from other data using Bayes theorem
Bayes theorem incor
Decision Trees
Lesson 3.1
Decision Trees
Any problem that can be presented in a decision
table can also be graphically represented in a
decision tree
decision
Decision trees are most beneficial when a sequence
of decisions must be made
All decision trees
I.
First Year of Operation
Assume that P Company acquires all of S Companys common stock on January 2014 for
P387,500, an amount P87,500 in excess of the book value. The acquisition price includes cash
P300,000 and a 30-day note for P87,500 (paid at matur
Problem 1.
On January 1, 2014, Park Corporation and Strand Corporation and their condensed
balance sheet are as follows:
Current Assets
Non-Current Assets
Total Assets
Current Liabilities
Long term debt
Stockholders equity
Total Liabilities and Equities
P
TOPIC: Consolidated FS-Date Subsequent to Acquisition
Problem 1.
On January 1, 2009 Pol Company acquired 80% in Sur Company for P360,000. Certain data for
the two companies are presented below:
Pol Company
Sur Company
Capital Stock Outstanding
P350,000
P3
AUDITING THEORY
Red Sir ug
AUDIT SAMPLING
(And Other Means of Test ing)
Means for Selecting Items for Testing to Obtain Audit Ev idence:
When designing tests of controls and tests of details, the auditor shall determine the means of selecting
items for t
AUDITING THEORY
Red Sir ug
ASSERTIONS, A UDIT PROCEDURES A ND A UDIT EVIDENCE
ASSERTIONS A ND A UDIT OBJECTIVES
Nature of Assertions:
Financial statements are not statements of facts. They are a collection of claims and assertions, made
implicitly or expl
AUDITING THEORY A guide in understanding PSA (2014 edition)
By: SLOSAGCOL, TIU & HERMOSILLA
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
C
A
C
B
B
A
C
A
C
B
A
C
B
C
C
C
C
C
D
B
Chapter 1
21 D
41
22 D
42
23 A
43
24 C
44
25 C
45
26 C
46
27 D
47
28 A
4
COURSE SYLLABUS
Course Code
AUDITI1
Course Credit
Six (6)
Course Name
Auditing Theory
Course Prerequisite MANACC3
Course Description
This course is designed to expose students both to the demand for and the supply of the
professions flagship service - fin
AUDITING THEORY
AT.114-Audit Sampling
L. R. CABARLES
1st Sem. SY 2013-14
LECTURE NOTES
Means of Selecting Items for Testing
When designing tests of controls and tests of details, the
auditors means of selecting items for testing are:
Selecting all items (