Explain corporate governance to integrated audits

Assignment Help Auditing
Reference no: EM131230912

PowerPoint: Auditing

Type: Individual Project
Unit: Auditing Concepts
Due Date: Sun, 10/9/16
Grading Type: Numeric
Points Possible: 75
Points Earned: 0
Deliverable Length: 7-10 PowerPoint slides
View objectives for this assignment

Go To:

• Assignment Details
• Learning Materials
• Reading Assignment
My Work:

Online Deliverables:

• Submissions
Looking for tutoring? Go to Smarthinking
Collapse All | Expand All Collapse All | Expand All
Assignment Details

Assignment Description

The CEO of your company recently met with the external auditors to discuss the scope of the year's audit. The auditors suggested that they conduct an integrated audit. The CEO has asked you, the accountant, to make a presentation at the next board of directors meeting that includes the following:

1. Give a definition of auditing.
2. Explain the purposes and reasons for public accounting firms to perform an integrated audit. Address the Sarbanes-Oxley Act (SOX).
3. Explain corporate governance and its relation to integrated audits.
4. Cite an example of a recent failure in corporate governance.
5. Find an article in which the actions that the public perceived as necessary to improve the quality of corporate governance are discussed; list the actions requested according to the article.

Reference no: EM131230912

Questions Cloud

Problems of external adaptation and internal integration : Please explain how culture can impact solutions to problems of external adaptation and internal integration. Please apply this notion to a real-world example of a company that either ‘did’ or ‘should have’ considered culture when solving such problem..
Describe the product and service and the ad : Maslow looked at the different levels of need satisfaction. Find two ads that are directed at each of the levels of satisfaction. Describe the product/service and the ad.
Facilities and alcohol restrictions : What responsibility do facility/event managers have in regards to alcohol sales in facilities and at events? Should the facility/event have alcohol restrictions higher than that of the community in which they operate?
Compute the equivalent units of input resources : Compute the equivalent units of input resources for the Coating Department in May. Compute the cost per equivalent unit of input resource for the Coating Department in May.
Explain corporate governance to integrated audits : Explain the purposes and reasons for public accounting firms to perform an integrated audit. Address the Sarbanes-Oxley Act (SOX). Explain corporate governance and its relation to integrated audits.
Prepare the four basic financial statements for the march : D.C. Dawg started a business, Cats and Dogs Company, by contributing $6,000. Prepare the four basic financial; statements for the month of March. Show how each cash transaction affects the accounting equation.
Explain the major advantages of a business owner : Explain the major advantages of a business owner with minimal accounting experience maintaining the company's book. Then explain the disadvantages.
Prepare a brief paper that reports your findings of material : You will use this business combination throughout the rest of the course, so select accordingly. Prepare a brief paper that reports your findings of the material listed above.
Calculate cash flows from operations using indirect method : Harmon Helmets purchased equipment for $62,000 cash, sold equipment costing $36,000 with a book value of $22,000 at a loss, and declared dividends during 2013. Calculate cash flows from operations using the indirect method for 2013.

Reviews

Write a Review

Auditing Questions & Answers

  Internal audit

Describe and evaluate this type of internal audit. What types of organisation would it be most useful for?

  Accounting professional and ethical standards

Code of Ethics for Professional Accountants

  Prepare swag''s consolidated balance sheet

Prepare Swag's consolidated balance sheet

  Auditing and assurance

Notable operational challenges for 4X Heavy Ltd faced in 2012/2013 were but not limited to

  State of the company’s industry and associated risk factors

Audit partner is concerned about his lack of knowledge of the industry the company is operating in, state of the company's industry and associated risk factors

  Prepare a memo to the audit partner

Prepare a memo to the audit partner on the ‘state of the company's industry' and associated risk factors.

  Adjusting or non- adjusting events

State whether Event is adjusting or non-adjusting event.

  Audit financial data

As a consequence an accounts payable clerk and financial accountant were made redundant from the business during the year.

  Identify principal audit risk

To identify principal audit risk and corresponding audit procedures

  Auditing and assurance

Show the audit inherent risk and rate the risk as low, medium or high.

  National health reform

Explain the role of the following three 'bodies' in National Health Reform

  Prepare a memo on the state of the company''s industry

Prepare a memo on the 'state of the company's industry' and associated risk factors.

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!

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