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Create a research report that identifies and analyzes a company that has been indicted for fraud. The report also will evaluate the auditor's role in relation to the fraud. 1. To conduct your research, choose as a case study one of the companies listed below: - Just for FEET, Inc. (the company I have chosen) 2. Your report must describe the issues surrounding the company and any company policies in relationship to the impact those might have on public audits/accounting. 3. Provide the following elements in your paper: - An executive summary identifying the company, the fraud, the affected stakeholders, and the ultimate resolution. - A brief history of the company. - An analysis of the auditor's role in the fraud, including any auditing standards that the auditors did not follow. - Identification of internal controls that were circumvented or lacking and that could have prevented the fraud. - Identify accounting policies currently in effect that are designed to prevent similar problems from occurring again, or, if no policy exists, propose a solution that would prevent a recurrence.
Jim Bingham is considering starting a small catering business. He would need to purchase a delivery van and several equipment costing $125,000 to equip the business and another $60,000 for inventories
which accounting process is the recognition or non-recognition of business activities as accountable events?
a company has two product lines shoes and hats. costand revenue for each line for the current month
write down a 1250- to 1750-word paper in which you explain your position on national health care spending in the united
The board of directors declared and paid a $2,000 dividend in 2009. In 2010, $12,000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2010?
They made major capital improvements through their 10-year ownership, which totaled $50,000. What is their recognized gain
By using long term financial information and recording that information visually (sometimes) with graphs or portfolios, hospitals can keep track of how they are doing financially and make more realistic plans for future ventures? 50-100 words plea..
Deseronto Electronics manufactures motherboards for computers. The company is divided into two divisions: manufacturing and programming
explain the logic behind how mrps gross-to-net calculations are processed. what input files are included in this
Henry transfers property with an adjusted basis of $90,000 and a FMV of $100,000 to a newly-formed corporation in a Sec. 351 exchange. Henry receives stock with a FMV of $80,000 and a short-term note with a $20,000 FMV. Henry's recognized gain is ..
instructionsa enter the balances in ledger accounts. allow five lines for each account.b from the trial balance and the
Milton Company provides this information for the month of November, 2007: sales on credit $150,000; cash sales $50,000; sales discount $2,000; and sales returns and allowances $8,000. Prepare the sales revenues section of the income statement base..
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