1
Q
Gross profit margin
A
Gross profit / revenue
2
Q
Operating margin
A
Operating profit / revenue
3
Q
Return on capital employed
A
Operating profit / equity + net debt
4
Q
Current ratio
A
Current assets / current liabilities
5
Q
Quick ratio
A
Current assets (less inventory) / current liabilities
6
Q
Gearing ratio
A
Net debt / equity
7
Q
Interest cover
A
Profit less interest paid / interest paid
8
Q
Trade receivables collection period
A
Trade receivables / revenue x 365
9
Q
Inventory holding period
A
Inventory / cost of sales x 365
10
Q
A
ARF
flashcards
Decks in class (17)
# Cards
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1: Concept of and need for assurance39
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2: Process of assurance: obtaining an engagement9
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3: Process of assurance: planning and risk assessment26
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4: Process of assurance: evidence and reporting4
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5: Risk, internal control and information flows0
-
6: Revenue system0
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7: Purchases system0
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8: Employee costs0
-
9: Internal audit0
-
10: Documentation0
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11: Evidence and sampling0
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12: Written representations0
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13: Substantive procedures - key financial statement figures0
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14: Codes of professional ethics and regulatory procedures10
-
15: Integrity, objectivity and independence0
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16: Confidentiality7
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Analytical Procedures Formulae10
