AN OFFICE MEMO AND HOW DO I WRITE ONE List these headings in your memo. Please do not forget to list the headings - Facts‚ Issue and Short Answer‚ Analysis‚ Counter-Argument‚ Rebuttal‚ and Conclusion. The office memo combines your ability to explain the law along with your ability to apply the law. In the Office Memo‚ you make a determination of the likely outcome based upon your review of the law and the facts in a case. In the memo‚ you will write about the facts in a client’s case and the
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AUDIT PLANNING Audit planning procedures are the first and perhaps the most important step in carrying out a successful audit. Without adequate planning‚ the likelihood of missing a significant risk area or encountering engagement-related problems increases considerably. As baseball great and noted philosopher‚ Yogi Berra puts it‚ “If you don’t plan on where you are going‚ you could end up someplace different!” All too often the auditor does not give adequate attention to audit planning for a vast
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Catawba Industrial Company Assignment Questions and Memo Instructions 1. Is the company correct in its practice of not manufacturing standard model compressors on Sundays because of the accounting loss incurred on each unit? 2. The compressor department and its manager are evaluated based on profit. Compute the compressor department profit with and without Sunday production. 3. If Marge McPhee decides to manufacture ten light-weight compressors each week and to sell them at a price of
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What is a Knowledge Audit? What is an Audit? “The most general definition of an audit is an evaluation of a person‚ organization‚ system‚ process‚ project or product. Audits are performed to ascertain the validity and reliability of information‚ and also provide an assessment of a system’s internal control. The goal of an audit is to express an opinion on the person/organization/system etc. under evaluation based on work done on a test basis. Due to practical constraints‚ an audit seeks to provide
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................................6 Sampling Design:................................................................................6 Research Instruments:........................................................................7 Procedures:.........................................................................................7 Introduction............................................................................................8 Objectives of Brand Audit:..................................
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Comprehensive Case 1.1 Enron 1. There were several parties responsible for the "crisis of confidence" created by the Enron debacle. Enron’s executives were responsible for their behavior in trying to adjust their financial statements. Andersen’s auditors were responsible for not doing their jobs with integrity and not keeping their independence in from Enron. Regulatory groups were responsible for making
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Sam Li Case: Jamaica Water Properties 1. Place yourself in David Sokol’s position. After discovering the suspicious items in JWP’s accounting records‚ would you have taken a different course of action than he did? Why or why not? I doubt if I can reach the position that David Sokol had in my career’s life. However‚ let say that if I was in David Sokol’s position‚ I would probably do the same thing David had done. I believe the proper working ethics are accountability‚ professionalism and
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not qualify as a rental property‚ as they have not met all the requirements‚ and therefore cannot deferred the gain of the sale or exchanged of property in Miami Beach. According to the tax court case‚ Barry E. Moore and Deborah E. Moore v. Commissioner.‚ U.S. Tax Court‚ CCH Dec. 56‚950 (M)‚ T.C. Memo. 2007-134‚ 93 T.C.M. 1275‚ the taxpayer were not allow to defer the gain from the exchanged of their vacation home due to code section 1031. Their vacation home was primarily used by the family as
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To: B. Wonder‚ Chief Executive Officer From: Chief Marketing Officer Subject: Potential Acquisition Date: July 26‚ 2013 The purpose of this memo is to provide feedback‚ detailing the Marketing Teams’ perspectives and update you on results from several inquiries relating to a prosed merger of the Italian hotel chain. While some research is conclusive‚ other variables that may affect the acquisition are; monetary exchange rate‚ geological changes‚ and reconstruction and improvements cost
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ROBIN HOOD Case Analysis and Strategy Recommendations Case Analysis Robin Hood and his band of Merrymen is the subject of this case study. In this study I found‚ Robin Hood’s main problem was the increasing size of his band. Initially‚ he had hoped that strength lay in numbers and the more Merry men he had‚ the better it would be for him to effectively fight against the sheriff’s administration. He did not put enough thought into curbing the number of people being recruited. The dilemma occurred
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