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Discuss the view that the costs of establishing and maintaining accounting standards enforcement bodies in every country around the world are likely.
Write an audit program (plan) that could be used to evaluate RNS's internal controls for cash. Be sure your program addresses each component of internal control
Assume that you are the Security administrator in your organization. How can you ensure that the security policies are maintained to avoid security Breach?
Who can Bigdeal engage to produce the report resulting from this operational audit? Several possibilities exist.
What is meant by ethical auditing? Read the ethical dilemma on page 240 of the textbook. How could ethical auditing resolve this situation?
For example, if you work in banking what would prompt a fraud audit in banking and what evidence would you obtain to prove fraud?
Identify the key stakeholders in cash flow planning and profit estimation processes in the organization, and explain how they are involved in the processes.
Describe the different kinds of fraud andthe Fraud Triangle, an auditor's responsibility to identify and assess fraud.
Identify the parties potentially affected by this audit and the fee plan proposed. What are the ethical factors in this situation? Explain.
Identify and discuss the main concerns on the quality and effectiveness of independent audit in Australia and in other countries of the world.
Assess the risks associated with integrating a new AIS system and suggest what management can do to minimize those risks.
Analyze the audit committee's responsibilities regarding risk assessment and internal control monitoring.
Why might ethical companies benefit from a lower cost of capital than less ethical companies?
Analyze auditor independence in the AICPA Code rules. Examine current safeguards available to reduce the risks of violating auditor independence.
Disucss the balance sheet and income statement of the company that you have selected, and outline your method for evidence collection which should include.
Identify ten risks factors that financial statements maybe misstated. Determine audit strategies or procedures that should address each identified risk.
Assuming that the end result is an unqualified audit report, outline the primary responsibilities of the audit firm after it issues the report in question.
Describe the impact that economic and monetary policies of one of the chosen countries currently exerts upon its trade with other countries.
Review the audit report issued by the external auditing firm from the company's Website for the year it was accused of fraud.
Analyze the actions taken by Cardillo's outside auditors and evaluate the level of efficiency of the audit risk management in this case study.
Create a scenario in which a company conceals financial fraud from the auditing firm through the use of information technology.
Disucss the significant values of conducting an ethics audit in an organization. Select five areas that you would focus on if you must conduct an ethics audit.
What is the median number of textbooks in inventory? What is the range of the number of textbooks in inventory?
Determine at least three qualitative factors that affect the auditor's judgment. Provide a rationale for your response.
Discuss potential misstatements as they relate to your two business cycles. Determine how they would affect the audit as well as the report.