You have met with a potential client who informs you that

Assignment Help Auditing

Reference no: EM13379589

You have met with a potential client, who informs you that all the employees and officers of his company are bonded. For this reason, he is requesting that under these conditions that you not look at his company's system of internal control so his company may reduce the cost of an audit.

Prepare a letter to the potential client explaining the following:

Why you can or cannot honor his request.

The reasoning for your decision.

The potential ramifications of your decision.

Based on your choice of action, what the perceived corporate governance of the company would be to the public.

Reference no: EM13379589

Questions Cloud

A friend of yours who is not an accountant heard a story on : a friend of yours who is not an accountant heard a story on the news about revenue recognition fraud and doesnt

Smith a certified public accounting firm was engaged to : smith a certified public accounting firm was engaged to audit the financial statements of the sky-is-the-limit company.

A friend of yours works at a large corporation and listens : a friend of yours works at a large corporation and listens to the stock reports regularly. your friend asks you i

You are an accountant for the flower shoppe your supervisor : you are an accountant for the flower shoppe. your supervisor has asked you to help her prepare the year-end financial

You have met with a potential client who informs you that : you have met with a potential client who informs you that all the employees and officers of his company are bonded. for

Human rights groups environmental activists and other : human rights groups environmental activists and other interest groups concerned with unethical business practices have

We have grown a lot and done well in the past three years : we have grown a lot and done well in the past three years. most of our shoes are hand made using very little in the way

A company make 4 defferent product product a sales in units : a company make 4 defferent product .product a sales in units 10000.selling price per unit20.variable cost1400product b

Acme manufacturing manufactures and sells three products : acme manufacturing manufactures and sells three products. the following information pertains to acmes 2012 sales and

User Account

All Pages