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"Internal Audit Specific Standards No. 3 - Audit Evidence"
A, Introduction
Internal Auditing Criterion No. 3, also known as “Audit Evidence,” is one of the most important Audit Criteria. Established by The Institute of Internal Auditors, the criterion is intended to strengthen the internal audit process by helping internal auditors obtain the necessary......
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Amy
Statistics Law of the People's Republic of China
The statistical Law of the Peoples Republic of China
China, a major developing nation, is the largest developing country in the world. Its population and economy are both growing rapidly, and the nation has prioritized development since the establishment of the Peoples Republic in 1949. To ensure......
newness rate method
In recent years, the development of new rate methods has gained considerable attention from researchers in the field of finance. The purpose of new rate methods is to provide better management of resources and more accurate determination of the value of investments.
New rate methods involve the u......
color point method
Rounding Method is an efficient way to increase the accuracy of calculations with fractions. This method is used to approximate numbers which are difficult to calculate. In this method, the fraction or the number that is difficult to calculate is rounded off to the nearest whole number or closer t......
ARMA model
Introduction to ARMA Model
Autoregressive-Moving Average (ARMA) models are commonly used statistical models among economists and researches for analyzing and predicting time series data. ARMA models account for both linear autoregressive effects of lagged values and linear moving average effects ......
Creditmetrics model
Coinage Creditmetrics Model
The Creditmetrics Model, which was developed by JP Morgans CreditMetrics Group in 1997, is an analytical model used to determine an institution’s exposure to credit risk. It is a bottom-up approach that allows investment banks and other financial institutions to accur......
DMAIC model
Six Sigma DMAIC Model
Six Sigma is a data-driven methodology used to improve the quality of products, processes and services in organizations. The acronym “Six Sigma” stands for “Six Standard Deviations from the Mean.” According to the methodology, eliminating defects and improving quality re......
IBM Process Quality Management
Process Quality Management of IBM
IBM’s Process Quality Management (PQM) is a comprehensive system based on quality assurance tools, methodologies, and best practices that help to design and manage the software development process. Its purpose is to improve the quality of the processes used to d......
ISO/TS 16949 certification
ISO/TS 16949
ISO/TS 16949 is an international technical standard for the automotive industry which defines the requirements for quality management systems. It was created to support global harmonization of quality standards and to help the automotive industry improve quality and reduce costs. All ......
KMV model
A Review of Kohonen’s Self-Organizing Map (Kohonen’s Map)
Kohonen’s Self-Organizing Map (Kohonen’s Map) is a type of Artificial Neural Network (ANN) developed by Professor Teuvo Kohonen. This type of network is also known as a self-organizing feature map and uses unsupervised learning to clas......
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