cAst 2.1 Yourl040Return.com Evoluoting eBusiness Revenue Recognition‚ lnformstion Privocy‚ ond Eledronic Evidence lssues -’u ’-:; s. Brasr‚nv’FnaNrA. Bucruess . srsvsx M. Gr‚ovnn.Doucr‚as F. pnawrrr [.EARNING OBJECTIVES .*-::: :ompleting and discussing this case you should be able to [5] Recognize issues surrounding the privacy of customer information [6] Describe audit implications when transaction evidence is solely electronic [7] Recognize threats to eBusiness strategies
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Continuous monitoring and continuous auditing From idea to implementation Continuous Monitoring and Continuous Auditing: From Idea to Implementation Most financial and auditing executives are aware of continuous controls monitoring and continuous auditing and of the general benefits of such programs. Yet relatively few enterprises have realized their full potential‚ particularly at the enterprise-wide level. Deloitte sees the reason for this as twofold: first‚ executives have not seen
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Auditing Chapter 3 Homework 3-27 a. These are the items that should be included in the auditor’s report: 1. Normal receivable confirmation procedures‚ although not used‚ should not be listed here since it was not material‚ and the auditor was able to gain a satisfactory opinion from the client’s use of them. 2. The change in the accounting method for long-term construction doesn’t need to be included here since it is discussed in the footnotes. 3. Lawsuits are normally included
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[pic] ACCTG 312 SC 2012: Assignment 1 Current issues – scandals in auditing Introduction • For this assignment‚ you are required to research and report back on one of four well known scandals that involve auditors in some way. • It can be commenced after week 1 lectures are completed‚ so gives you a chance to get part of your semester’s work done early. It is due in week 3 (Thursday at 4 pm). • You will also be required to very briefly report to your tutorial group on one interesting
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South-Western‚ Ohio‚ USA‚ pp. 764-852. Jones‚ F.L & Rama‚ D.V 2006‚ Accounting Information Systems: A Business Process Approach‚ 2nd edition‚ Thomson South-Western‚ Ohio‚ USA‚ pp. 103-136. Leung‚ P‚ Coram‚ P‚ Cooper‚ BJ & Richardson‚ P 2009‚ Modern Auditing & Assurance Services‚ 4th edition‚ John Wiley & Sons‚ Milton‚ Qld‚ pp. 314-315. Loch‚ K.D‚ Houston‚ H.C & Warkentin‚ M.E 1992‚ ‘Threats to Information Systems: Today’s Reality‚ Yesterday’s Understanding’‚ MIS Quarterly‚ vol. 18‚ no. 2‚ pp. 173-186
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Additional Cases for the Course The case readings have been developed solely as a basis for class discussion. The case readings are not intended to serve as a source of primary data or as an illustration of effective or ineffective auditing. Reprinted by permission from Jay C. Thibodeau and Deborah Freier. Copyright © Jay C. Thibodeau and Deborah Freier; all rights reserved. 1••• ( Case 61 ® Enron Enrori’s First Few Years hi~ 1985 Enron had assets along the three major stages of the supply
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Kimberlee Green Injury: Rupture of Anterior Cruciate Ligament (ACL Injury) A) Rehabilitation Procedures Rehabilitation procedures are essential for ensuring an athlete’s injury is managed correctly and the recovery process goes smoothly. In order to successfully manage an injury‚ there are a range of procedures to follow‚ however‚ these can vary when it comes to different sports and injuries. For example‚ the rehabilitation procedures for an ACL injury in netball would need to be treated differently than
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ASSURANCE AND FINANCIAL STATEMENT AUDITING 1 An Introduction to Assurance and Financial Statement Auditing 2 The Financial Statement Auditing Environment 1 CHAPTER 1 LEARNING OBJECTIVES Upon completion of this chapter you will [1] Understand why studying auditing can be valuable to you and why it is different from studying accounting. [2] Be able to explain why there is a demand for auditing and assurance. [3] Understand intuitively the demand for auditing and the desired characteristics
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Enron Case 10.8.2014 Melissa Becker Boya Du Sidi (Fiona) Chen Wei (David) Yu In June of 2001 Enron’s new CEO‚ Jeff Skilling‚ was heralded as the “No. 1 CEO in the entire country and Enron was saluted as “America’s most innovated company.”1 Just six months later‚ in December‚ Enron filed for bankruptcy. The failure shocked the public and angered investors. How could this have happened? Did no one see this coming? Where were the accountants? Where were the controls? Enron’s public troubles
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file their Form 10-K with the SEC. We remind students that the Sarbanes–Oxley Act requires auditors to also report on internal control for public companies This case offers an opportunity to discuss the differences between auditing large and small companies‚ and auditing public and non-public companies. Students may be interested in the fact that even the largest firms have more small clients than large ones in absolute
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