Case #4 Jiawei Qi Principle of audit and control (43010) Professor Ben Hoffman February 23‚ 2015 TO: Charles ward‚ CPA Partner FROM: Jiawei Qi DATE: February 23‚ 2016 SUBJECT: Assess control risk and plan tests of controls and substantive tests of transactions Introduction: The purpose of the memo is to communicate to you the outcome of the company’s control risk‚ the test of controls and substantive tests of transactions. General procedure: First‚ we assess the
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Case #4 * From my point of view‚ I think that the example of Maktoob can be found again in the Arab world especially that we have the resources along with hard working and innovative developers. Investment from the western region also is important for the developers to reach new limits. Maktoob was very successful innovative story of excellence that aimed to bring Arabic used in the internet to new ages and make it available for more users. At that time‚ the number of the Arabic users was sharply
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Case 4: Aaron Jones‚ CPA‚ is auditing the current year’s financial statements of Low Company‚ a publicly traded company. Aaron notices some major fluctuations in Low’s fourth quarter of the previous year’s financial statement balances. He is aware that security holders of publicly traded company stock that does not separately report fourth quarter results often “impute” such results by subtracting data based on third quarter interim balances from the year-end balances. Thus‚ companies should report
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Questions for Jet Blue Case (Case #4) 1. Research on the history of Jet Blue (operational and performance highlights/lowlights/milestones from 2000 to present) a. Identify the “strategic service vision“ of Jet Blue‚ i.e.‚ target market‚ service concept‚ operating strategy‚ and service delivery system. Did their operating strategy and delivery system support the needs of their target market? b. From the research facts‚ did the owners/management of Jet Blue strictly adhere to their strategic service
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Case Analysis (Google’s Strategy in 2008) Introduction Google is the most used search engine worldwide as of 2008 (Gamble 2008). This is largely due to the consistently reliable search results it produces as its core product‚ in effect creating confidence amongst consumers. To keep this competitive advantage Google needs to identify forces that seem most likely to bring about major change to the industry within the next 3 – 5 years. In doing so‚ Google need to identify 3 – 5 factors that promote
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Abstract As Apple surpassed all major competitors and had spectacular success in 2010‚ it left CEO Steve Jobs wondering if there was anything that could overturn the drive. “Apple Inc. in 2010”‚ is an evaluation case. This case will be further discussed using the state-and-prove order using the following five elements: 1. Bottom-line evaluation (position statement) 2. Evaluation criteria 3. Proof of the evaluation 4. Qualifications 5. Action plan Position Statement Apple’s
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Executive Summary Apple Computers has maintained an image synonymous with stunning modern design‚ appealing usability and durable functionality. As the present trend is shifting away from the dated look of technology of the past‚ and moves towards a sleek fashionable design‚ the consumer is becoming more tech savvy and more conscious of their physical appearance. As a result‚ Apple’s appeal has grown greater in recent years. A leader is design and functionality‚ Apple can take advantage of the consumer’s
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1.0 Introduction Apple was founded in 1976. It is a relatively young company; a company with its own unique philosophy as to the way things ought to be. Apple exerts significant creative influence on the technology industry. Today‚ the company has three major products: Mac computers‚ iPod music players‚ and the iPhone. In addition to these offerings‚ the company also offers operating systems‚ developer tools‚ and database software. Apple’s recent success in the marketplace is founded on a philosophy
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Table of content Week 1………………………………………………………………………………………………………………….. 1 Apple Case Study Week 2………………………………………………………………………………………………………………….. Swot analysis Week 3…………………………………………………………………………………………………………………. SBU Week 4…………………………………………………………………………………………………………………. Information system Week 5…………………………………………………………………………………………………………………. Innovation Week 6…………………………………………………………………………………………………………………. Approach to system development Week 7…………………………………………………………………………………………………………………. Outsourcing and cloud
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Using the information contained in the case‚ conduct a five-forces analysis of the U.S. Steel industry. What conclusion can you draw from this? 1. The risk of entry by potential competitors: High a. Capital Requirement: Steel industry is a capital intensive business. b. Economies of scale: Research and Development expenses and better bargaining power while sourcing raw materials. It may be noted that those steel companies‚ which are integrated‚ have their own mines for key
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