User Account

All Pages

Evaluate the external auditors response

Assignment Help Accounting Basics
Reference no: EM132448710 , Length: 7

Write a five to seven (5-7) page paper in which you:

  1. Assess the sections of SOX, indicating the sections that you believe have the most impact on companies. Provide support for your rationale.
  2. Assess the sections of SOX, indicating those sections that have the greatest impact on the external auditor. Provide support for your rationale.
  3. Evaluate the external auditors' response options requesting the external auditor to limit testing and the scope of an audit engagement by giving consideration to the ethical requirements and the auditor's responsibility imposed by the Public Company Accounting Oversight Board (PCAOB). Recommend that based option providing a justification for your recommendation.
  4. Evaluate the cost / benefit ratio for most companies required to comply with SOX. Indicate whether the benefits are equivalent to the cost for minimizing the risk of accounting fraud. Provide support for your analysis.
  5. Use at least three (3) quality resources in this assignment.

Reference no: EM132448710

Questions Cloud

Create an event concept presentation and report : Create an Event Concept presentation and report and Create the wow factor for an event that will showcase the site - description of your design concept
Compute Randolph Company current income tax expense : Randolph Company reported pretax net income from continuing operations of $800,000. Compute Randolph Company's current income tax expense
Research the elements of an effective fraud policy : Outline the elements of fraud prevention plan that communicates the most effective elements of a fraud policy, indicating the rationale behind each element.
How Beacon should disclose these accounts on balance sheet : Which of the following statements describes how Beacon should disclose these accounts on its balance sheet
Evaluate the external auditors response : Assess the sections of SOX, indicating the sections that you believe have the most impact on companies. Provide support for your rationale.
What limitations exist regarding passive activities : What limitations exist regarding passive activities? How is partnership activity, as well as partner's individual activity reported
What it is between google and apple yearly revenue : Need a finance summary on what it is between google and apple yearly and quartly revenues. APA style format with references
What it is between google and apple yearly revenue : Need a finance summary on what it is between google and apple yearly and quartly revenues. APA style format with references
What is Joseph tax basis in his partnership interest : Joseph contributed $46,500 in cash and equipment with a tax basis of $12,300. What is Joseph tax basis in his partnership interest

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss conventional definition of an asset for inclusion

Do you think humans should be treated as assets, Would ‘human assets' meet the conventional definition of an asset for inclusion on the balance sheet

  Give the accounting equation effects of the adjustments

For each of the following transactions for the Sky Blue Corporation, give the accounting equation effects of the adjustments required at the end of the month on October 31: a. Collected $ 2,400 rent for the period October 1 to December 31, which was ..

  Calculate sammy share of any zebra long-term capital gain

Zebra, Inc., a calendar year S corporation, incurred the following items this year. Calculate Sammy's share of any Zebra long-term capital gain

  Accounts payable 184400 150000 160000 accounts receivable

accounts payable 184400 150000 160000 accounts receivable net 206000 194000 220000 interest income 15000 14000 26000

  Valuation-depreciation-amortization and depletion

Write a 350- to 700-word paper in which you differentiate between valuation, depreciation, amortization, and depletion. Is it appropriate to calculate depreciation using two different methods? Why?

  Explain potential benefits of result in employment status

Complete the Interests Assessment on the O*NET website and write a reflection essay explaining the potential benefits of the results in relation.

  Prepare the journal entries to record the issue of the bonds

Prepare the journal entries to record the issue of the bonds on July 1, 2016, and the interest payments on December 31, 2016

  Wip-mixing inventory and wip-finishing inventory

WIP-Mixing Inventory, WIP-Finishing Inventory

  Calculate the times interest earned for each company

Walmart had income before interest expense and income taxes of $12,581 million. Calculate the times interest earned for each company and comment the results.

  Spartan corporation uses a calendar year

Spartan Corporation uses a calendar year and redeemed 25 percent of its shares for $2,100 on July 1 of this year, in a transaction that qualified

  Topper corporation has 55000 shares of 1 par value common

topper corporation has 55000 shares of 1 par value common stock and 32000 shares of cumulative 5.6 100 par preferred

  The partners share income equally

Capital balances in Midway Co. are Messer $40,000, Isch $30,000, and Denny $18,000. Messer and Isch each agree to pay Denny $12,000 from their personal assets.

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd