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Can you please assist with the questions below? I would like to focus on Bank of America in the DOW Jones Stock Market
1. Why do you think it will be an interesting focus for your economic analysis?
2. What is the price of the stock? How many shares can you purchase with your $1000? To keep things simple, assume the brokerage fee is waived. This is just a virtual exercise; do not worry about maximizing shares.
3. Pick THREE of the economic terms that apply to your organization. Explain how each applies to your organization.
4. Pick ONE of the "Big Economic Ideas". Discuss how they apply to your organization. What do they add to your understanding of how your organization operates? Do you have any new insights?
Assume that you are the PricewaterhouseCoopers audit engagement partner and have assessed Kodak as a high-risk client. Explain the modification you would make to the audit engagement procedures to minimize any potential liability of the firm.
"Accounting firms must be liable to pay stockholders if they give a company a clean audit and it goes bankrupt within a year". Write down a response disagreeing with the above statement
As the Chief Human Resource Officer, you have just been contacted by your legal team. They just informed you that your organization has been selected to undergo a Federal I-9 audit.
There are three stages of the audit in which analytical procedures are performed. Identify one of these three stages and discuss the purpose of performing analytical procedures in that stage.
Explain the importance and demand for audit and other assurance services. Explain the auditor's role in providing assurance.
What are the legal issues involved in this situation? What should the auditor use as a defense in the event that he is sued? What was the CPA's deficiency in conducting the audit of accounts receivable?
Identify and describe Reed's responsibilities to detect Smith's errors and fraud. Do not identify specific audit procedures.
Prepare the consolidation removal entries
Obtain and review the annual report of a public company and locate its audit committed charter. What are the key features of the charter? What are its strengths? What are the weaknesses?
In light of audit failures over the last decade, are current audit standards sufficient to ensure the integrity of audit opinions? Why or why not?
Tidwell, Inc. has weekly credit sales of $19,400, and the average collection period is 34 days. The cost of production is 75 percent of the selling price. What is the average accounts receivable figure?
Assignment: Read the following case and explain one internal control procedure that would be helpful in this scenario.
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