Mr Zhang
The Lakeside Company:
Auditing Cases
SOLUTIONS MANUAL 11e
Table of Contents
John M. Trussel and J. Douglas Frazer
A Not on Ethics, Fraud and Sox Questions 2
A Note on Research Assignments 4
Introductory Case 6
Case 1 13
Case 2 21
Case 3 29
Case 4 39
Case 5 51
Case 6 67
Case 7 74
Case 8 83
Case 9 92
Case 10 100
Case 11 105
Case 12 115
Case 13 127
A NOTE ON ETHICS, FRAUD, AND SOX QUESTIONS
The Lakeside Company: Auditing Cases, 11th edition, has been updated in light of the accounting scandals of the early 2000s and the passage of the Sarbanes-Oxley Act of 2002, and the renewed interest in ethics within the accounting and auditing profession.
Ethics questions are now specifically identified with an ethics logo. The ethics questions are often open ended, and this solutions manual does not try to give exact answers to these questions. Rather, we intend to give some ideas for classroom discussion, and to help with student research on these questions.
Fraud questions are now specifically identified with a fraud triangle
The introduction of Sarbanes-Oxley issues has been accomplished in two ways. First, case content has been altered to include Lakeside’s consideration of financing expansion through an initial public offering, and the resulting impact such a decision would have on Lakeside and on Abernathy and Chapman, CPAs. Second, the discussion questions and exercises have been expanded to include consideration of Sarbanes-Oxley and new auditing and independence standards, both by adding a section in the end-of-chapter material and by reference in the other questions where appropriate. The following list includes all the questions with the location of the question and a brief learning objective.
(Intr-1) The case
Auditing Cases
SOLUTIONS MANUAL 11e
Table of Contents
John M. Trussel and J. Douglas Frazer
A Not on Ethics, Fraud and Sox Questions 2
A Note on Research Assignments 4
Introductory Case 6
Case 1 13
Case 2 21
Case 3 29
Case 4 39
Case 5 51
Case 6 67
Case 7 74
Case 8 83
Case 9 92
Case 10 100
Case 11 105
Case 12 115
Case 13 127
A NOTE ON ETHICS, FRAUD, AND SOX QUESTIONS
The Lakeside Company: Auditing Cases, 11th edition, has been updated in light of the accounting scandals of the early 2000s and the passage of the Sarbanes-Oxley Act of 2002, and the renewed interest in ethics within the accounting and auditing profession.
Ethics questions are now specifically identified with an ethics logo. The ethics questions are often open ended, and this solutions manual does not try to give exact answers to these questions. Rather, we intend to give some ideas for classroom discussion, and to help with student research on these questions.
Fraud questions are now specifically identified with a fraud triangle
The introduction of Sarbanes-Oxley issues has been accomplished in two ways. First, case content has been altered to include Lakeside’s consideration of financing expansion through an initial public offering, and the resulting impact such a decision would have on Lakeside and on Abernathy and Chapman, CPAs. Second, the discussion questions and exercises have been expanded to include consideration of Sarbanes-Oxley and new auditing and independence standards, both by adding a section in the end-of-chapter material and by reference in the other questions where appropriate. The following list includes all the questions with the location of the question and a brief learning objective.
(Intr-1) The case