fied then the auditor or the firm will have their practising certificate withdrawn as a last resort. The typical structure of an audit department in an audit firm is shown in Figure 2.1. External auditorâs reports to users and to management Audit reports are the end product of the work and must be completed to the highest standard.
The Piedmont area was developed for industry, based on using the water power of the fall line. With the advantage of the Catawba River, Lincolnton was the site of the first textile mill built in North Carolina, constructed by Michael Schenck in 1813. It was the first cotton mill built south of the Potomac River.
1906 Stuart Cramer, a textile mill engineer in North Carolina, creates a ventilating device that adds water vapor to the air of textile plants. The humidity makes yarn easier to spin and less likely to break. He's the first to call this process air conditioning.. 1914 Air conditioning comes home for the first time. The unit in the Minneapolis mansion of Charles Gates is approximately 7 feet high, 6 feet wide, 20 feet long and possibly never used because no one ever lived in the house.