Audit Case
internal control over financial reporting c a S eS inc lu de d in t hiS Se ction
5
155 155 165 169 177 185 195
5.1 Simply Steam, Co. 5.2 Easy Clean, Co.
. . . . . . . . . . . . . . . . . . . . . . . . . . .
Evaluation of Internal Control Environment
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Evaluation of Internal Control Environment
. . . . . . . . . . . . . . . . . . . . . . . .
5.3 Red Bluff Inn & Café 5.4 St. James Clothiers
Establishing Effective Internal Control in a Small Business
. . . . . . . . . . . . . . . . . . . . . . . . . .
Evaluation of Manual and IT-Based Sales Accounting System Risks
. . . . . . . . . . . . . . . . . . . . .
5.5 Collins Harp Enterprises 5.6 Sarbox Scooter, Inc. 5.7 Société Générale
Recommending IT Systems Development Controls
. . . . . . . . . . . . . . . . . . . . . . . . .
Scoping and Evaluation Judgments in the Audit of Internal Control over Financial Reporting
. . . . . . . . . . . . . . . . . . . . . . . . . . . .
How a Low-Risk Trading Area Caused a $7.2 Billion Loss
instructor resource Manual — do not coPy or redistribute
instructor resource Manual — do not coPy or redistribute
easy clean/simply steam, co. evaluation of internal control environment inS tr uc t ional o b je c t ive S
[1] [2] [3] [4]
c a s e
5.1-2
Mark S. Beasley · Frank A. Buckless · Steven M. Glover · Douglas F. Prawitt
To reinforce aspects relevant to the internal control environment. To illustrate the degree of judgment involved in making internal control environment evaluations. To provide students experience in making subjective evaluative judgments. To provide a forum to discuss inquiry techniques as well as inquiry as a form of audit evidence.
[5]
[6]
To provide students direct experience with, and discovery of, issues surrounding the control environment, making inquiries, and the framing (e.g., positive or negative) of information provided by management. To
5
155 155 165 169 177 185 195
5.1 Simply Steam, Co. 5.2 Easy Clean, Co.
. . . . . . . . . . . . . . . . . . . . . . . . . . .
Evaluation of Internal Control Environment
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Evaluation of Internal Control Environment
. . . . . . . . . . . . . . . . . . . . . . . .
5.3 Red Bluff Inn & Café 5.4 St. James Clothiers
Establishing Effective Internal Control in a Small Business
. . . . . . . . . . . . . . . . . . . . . . . . . .
Evaluation of Manual and IT-Based Sales Accounting System Risks
. . . . . . . . . . . . . . . . . . . . .
5.5 Collins Harp Enterprises 5.6 Sarbox Scooter, Inc. 5.7 Société Générale
Recommending IT Systems Development Controls
. . . . . . . . . . . . . . . . . . . . . . . . .
Scoping and Evaluation Judgments in the Audit of Internal Control over Financial Reporting
. . . . . . . . . . . . . . . . . . . . . . . . . . . .
How a Low-Risk Trading Area Caused a $7.2 Billion Loss
instructor resource Manual — do not coPy or redistribute
instructor resource Manual — do not coPy or redistribute
easy clean/simply steam, co. evaluation of internal control environment inS tr uc t ional o b je c t ive S
[1] [2] [3] [4]
c a s e
5.1-2
Mark S. Beasley · Frank A. Buckless · Steven M. Glover · Douglas F. Prawitt
To reinforce aspects relevant to the internal control environment. To illustrate the degree of judgment involved in making internal control environment evaluations. To provide students experience in making subjective evaluative judgments. To provide a forum to discuss inquiry techniques as well as inquiry as a form of audit evidence.
[5]
[6]
To provide students direct experience with, and discovery of, issues surrounding the control environment, making inquiries, and the framing (e.g., positive or negative) of information provided by management. To