Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Obtain a 10-k report and an annual report for a public company (this may be in electronic form and/or hard copy form). Be sure that the 10-k report and the annual report are for the same fiscal year. In either document, locate the auditor's report for the financial statements only. This is a one-page report that is generally found in front of the company's audited financial statements. Attach a copy of the auditor's report to a one-page, typewritten document, which details the following (Use corresponding headings.):
a. Name of Company
b. Industry of Company
c. Primary Products or Services
d. Indentify the "type" of audit report (e.g., unqualified, qualified, and so on).
Note: "Many companies post their [10-k report and annual report] on their home pages, generally under a heading labeled 'investor relations'" (Messier et al., 2010, p. 29). One source for free annual reports is https://www.prars.com. A 10-k may be obtained from the EDGAR site, located at https://www.sec.gov/edgar.
Identify 6 principles of internal control. Give examples for each principle that might be observed when picking up pizza.
Write journal entries for each transaction and Evaluate profit and loss for given case
Identify four types of control mechanisms (ways controls are applied) used in Wal-Mart organization. Compare and contrast these control mechanisms. Determine the effectiveness of these control mechanisms.
In audits of high-risk clients, determine which requirements in the AICPA's Code of Professional conduct are most likely to be breached by the auditors. Provide your rationale.
You are required to identify a current controversy relating to Auditors' Independence.
Control systems in nonprofit organizations will never be as highly developed as in profit-seeking organizations." Do you agree? Explain.
Summarize the primary purposes of an internal control system. What are the three internal control objectives for financial reporting?
Given the increased emphasis on corporate fraud, should auditors be required to look aggressively for fraud factors like collusion, circumvention and management override? Why or why not?
What governing bodies are responsible for establishing financial reporting parameters? What is their purpose? Which body is the most important? Why?
The following is a common example of a circumstance imposed scope limitation. An auditor might identify a material weakness at an interim date, and the entity implements new controls to correct the deficiency. If the new controls are placed in ope..
Knowing that my company 2007 audit will include attestation services, I want to know more about what attestation services encompass and what my team and I can do to prepare for this service.
Astor City, a small city that is not required to have independent audit, voluntarily decided to have an audit of its financial records. Currently, the city generates $900,000 in revenues. Discuss any potential violations of the applicable audit sta..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd