There are two pieces of civil law of particular significance to the audit profession; contract law and the law of tort. These establish the principles for auditor liability to clients and to third parties, respectively. Under contract law parties can Read More …
Month: March 2022
MISM5104 MDA5104 OBJECT ORIENTED TECHNOLOGY KCA Past Paper
UNIVERSITY EXAMINATIONS: 2016/2017 EXAMINATION FOR THE DEGREE OF MASTER OF SCIENCE IN DATA ANALTICS/MASTER OF SCIENCE IN INFORMATION SYSTEMS MANAGEMENT MISM5104 MDA5104 OBJECT ORIENTED TECHNOLOGY DATE: DECEMBER, 2016 TIME: 2 HOURS INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions. Read More …
Reliefs and remedies for criminal liabilities of auditors
1. If an auditor is found technically guilty, but if he proves that they had acted reasonably and honestly, the court may relieve the auditor in certain cases. 2. If an auditor is found by the court not guilty of Read More …
Questionable payments
In some countries, business is often gained by bribing ministers or public officials or officers of companies or firms with whom one wishes to do business. Indeed bribery and corruption are a way of life in some business communities. This Read More …
Minimising auditor’s legal liabilities
1) Limited liability to involve a contractual and contributory negligence limit. 2) Joint and several liability to be removed in favour of proportional liability according to name not ability to pay. 3) Lawyer of losing party to pay legal costs Read More …
MISM5102 MDA5102 BUSINESS PROCESS MODELLING KCA Past Paper
UNIVERSITY EXAMINATIONS: 2016/2017 EXAMINATION FOR THE DEGREE OF MASTER OF SCIENCE IN DATA ANALTICS/MASTER OF SCIENCE IN INFORMATION SYSTEMS MANAGEMENT MISM5102 MDA5102 BUSINESS PROCESS MODELLING DATE: DECEMBER, 2016 TIME: 2 HOURS INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions. Read More …
Stakeholder Involvement
Involving stakeholders in risk management practices is key since they may have input to risk identification and assessment processes. Some of the key stakeholders that may be involved include: 1. The B.O.D – Senior management is charged with managing the Read More …
Reasons for outsourcing IT system for disaster recovery
Recovery Experience – IT staff rarely have experience of full recovery experience. A disaster recovery provider can offer people skilled in recovery methodology and best practices. Data centre diversity – Working with a disaster recovery provider helps leverage a shared Read More …
MDCN 5302 COMPUTER SECURITY FORENSICS KCA Past Paper
UNIVERSITY EXAMINATIONS: 2016/2017 EXAMINATION FOR THE DEGREE OF MASTER OF SCIENCE IN DATA COMMUNICATIONS MDCN 5302 COMPUTER SECURITY & FORENSICS DATE: DECEMBER, 2016 TIME: 2 HOURS INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions. QUESTION ONE: 20 MARKS (COMPULSORY) Read More …
Disaster Recovery Planning (DRP)
It is a subsidiary of business continuity which focuses on advanced planning and preparation necessary to recover essential operations, sites, function, systems and resources of the organization in the event of catastrophic failure or disruption. Benefits of DRP 1. Identification Read More …