This document discusses sufficiency economy and risk management principles for sustainability and income stability. It notes that moderation, reasonableness, and careful consideration of risks should guide decision-making and practices. Maintaining a balanced and equitable way of life is emphasized.
K1 Sufficiency Economy Moi Kmitl 20 May09LeNS_slide
The document summarizes the origin and philosophy of Sufficiency Economy, an economic framework introduced by King Bhumibol Adulyadej of Thailand. It discusses how the King developed agricultural projects on the grounds of Chitralada Palace to provide lessons for self-reliant farming. This led to the establishment of various Royal Development Study Centres and the promotion of Sufficiency Economy, which stresses moderation, reasonableness, and self-immunity. The philosophy aims to achieve balance and sustainability at all levels through its implementation and dissemination.
Designing an effective response to assessed risks (Auditing theory)Ashleigh Vonne Dugay
The document discusses an auditor's response to assessed risks during a financial audit. It explains that the auditor determines the likelihood of audit risk during an assessment and designs audit procedures to gather sufficient evidence and reduce risk. The auditor can perform tests of controls, substantive procedures like tests of details and analytical procedures. Tests of controls check that controls are working as intended while substantive procedures search for misstatements. The document provides examples of different types of audit procedures.
This document discusses sufficiency economy and risk management principles for sustainability and income stability. It notes that moderation, reasonableness, and careful consideration of risks should guide decision-making and practices. Maintaining a balanced and equitable way of life is emphasized.
K1 Sufficiency Economy Moi Kmitl 20 May09LeNS_slide
The document summarizes the origin and philosophy of Sufficiency Economy, an economic framework introduced by King Bhumibol Adulyadej of Thailand. It discusses how the King developed agricultural projects on the grounds of Chitralada Palace to provide lessons for self-reliant farming. This led to the establishment of various Royal Development Study Centres and the promotion of Sufficiency Economy, which stresses moderation, reasonableness, and self-immunity. The philosophy aims to achieve balance and sustainability at all levels through its implementation and dissemination.
Designing an effective response to assessed risks (Auditing theory)Ashleigh Vonne Dugay
The document discusses an auditor's response to assessed risks during a financial audit. It explains that the auditor determines the likelihood of audit risk during an assessment and designs audit procedures to gather sufficient evidence and reduce risk. The auditor can perform tests of controls, substantive procedures like tests of details and analytical procedures. Tests of controls check that controls are working as intended while substantive procedures search for misstatements. The document provides examples of different types of audit procedures.
Organization structure defines the framework and hierarchy within an organization. It establishes authority levels and identifies each job and its function to help the organization work together efficiently to achieve its goals. Organization structure is intentionally created and takes the form of a pyramid, providing the framework that guides managerial actions. Charts are used to visually depict the formal structural relationships within the organization.
