Following Enron and similar scandals,there is a healthy awareness of the dangers of collusion and conflicts of interest in combining the roles of auditor and consultant.Problems identified in an audit could become the subject of consultancy work so that a virtuous circle could theoretically be developed.
There is only one real advantage and that is the company can be alot more private about its profits but the disadvantages are to great to ignore such as if the company goes into great debt you could loose everything you own
When two establishments join through a merger, duplication of departments is avoided, reducing operational costs. There are some disadvantages of mergers, like job losses and creation of monopolies.
following are the advantages of public limited company:limited liabilityshare issued to publiclarge capitaldistribution of workloadteam workcentralization systemfollowing are the disadvantage of public limited companylack of secrecyleg pullinglack of interests of employeesgovernment restrictions.
A receipt has many advantages towards it as it using the cash receipts provides more accurate reporting. The ability to use actual cash receipts and cash payments provides better information on a company's cash use. In some cases, a company may operate under the cash basis accounting method to ensure the cash information is accurate.
A key advantage to cost-volume-profit analysis is the fact that it allows managers to more easily answer questions and provides details of company activity. A large drawback is the fact that CVP is limited to its amount of information it can provide.
Answer--The advantages and disadvantages of implementing a remote working system within a company. The advantages and disadvantages of implementing a remote working system within a company.The advantages and disadvantages of implementing a remote working system within a company.
what are the advantages and disadvantages to hiring your friends in you company
Foreign direct investment company
One of the advantages of using company reports include: management are able to assess the company's progress vs to the plan (know as a forecast). One disadvantage of company reports is, it is time consuming. Advantages outweighs the disadvantages and is recommend to use company reports.
The advantages and disadvantages of Human Resource management are vast. One advantage is that the company will run very efficiently.
There are many advantages and disadvantages of Coca Cola company's strategies in Brazil. One advantage is that Coca Cola is selling their product well.
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The advantages are the customer will trust you more. The disadvantages are that you will have to keep up with stringent standards.
There are many advantages and disadvantages to being an unlisted company. Advantages would be being more private and not being overwhelmed with potential clients. However, there is more of a disadvantage than anything. Most people will not be able to search for your company online because it is unlisted, so you will lose out on money that way.
One of the biggest disadvantages of share issue for a company is that the company become dependent on the public after the issue. An advantage to share issue is that the company becomes more profitable.
There are both advantages and disadvantages to business ethics, but mostly are advantages. The advanatages are the company will have an increase in reputation, more employees will enroll in the company, employees feel more motivated to work, customers have more trust in it. However, some companies will have difficulties to keep us with that standard - maybe it will be expensive to be an ethical business.
the advantages of having a consultant is that they can help find a candidate from an other company to fill a senior possition within a business.