Simply Soups Inc.: A Teaching Case Designed to Integrate the Electronic Cash Confirmation Process into the Auditing Curriculum ABSTRACT: Simply Soups Inc.‚ a producer of organic canned soups‚ has hired your firm‚ Putnam and Jacobs LLP‚ to perform a financial statement audit for the year ended December 31‚ 2013. Using the PCAOB’s proposed standard on confirmations and electronic confirmations‚ you are to complete the testing of the cash balance reported by Simply Soups Inc. at year-end. Today
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Jones Ironworks Inc. Background Frederick Jones was a master blacksmith who emigrated from England to Erindale‚ Ontario where he set up his shop. From this small shop‚ Fred Jones plied his trade‚ shoeing horses and making wonderful wrought iron works‚ using simple forges and hand tools. His works can still be found in the village of historic structures like St. Peter’s Church‚ a masterpiece that sits high above the Credit River. In the true spirit of Frederic Jones‚ all the products are
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Ocean Manufacturing‚ Inc. c as e 1.1 The new client acceptance decision Mark S. Beasley · Frank A. Buckless · Steven M. Glover · Douglas F. Prawitt l ea r n ing o bje C t ive s After completing and discussing this case you should be able to [1] Understand the types of information relevant to evaluating a prospective audit client [2] List some of the steps an auditor should take in deciding whether to accept a prospective client Identify and evaluate factors important to
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(2010) Bespoke Inc. has manufactured a machine specifically to the design of its customer. The machine could not be used by any other party. Bespoke Inc. has never manufactured this type of machine before and expects a number of faults to materialize in its operation during its first year of use‚ which Bespoke Inc. is contractually bound to rectify at no further cost to the customer. The nature of these faults could well be significant. As of Bespoke Inc.’s year-end‚ the machine had
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Google Inc is a technology company that builds and provides products and services that organise information and make it universally accessible and useful to the general public‚ and it has arguably become a need in the everyday lives of people. As something that initially started as a research project for Stanford digital library‚ the concept began in march 1996 by Larry page and Serge Brin. the goal was to develop the enabling technologies from a single‚ integrated and universal digital library
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Viewing the Globe in 2006 and 2056 Project Part 2 I am a Filipino male earning a living as a software engineer outside of Dallas‚ Texas. I earned my degree in the Philippines before moving to the United States on a H1-B visa to work for Texas Instruments. (H-1B Work Visa) Texas Instruments is an American company that designs and sells a variety of computer parts‚ and calculators to software. The work hours that are required are typical of most American companies with a lot of travel
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Running Head: HARLEY-DAVIDSON‚ INC. & THE GREAT RIDE INTO THE SUNSET (OOPS) Harley-Davidson‚ Inc. External and Internal Analysis‚ Value Chain‚ Core Competencies and EVA Evaluations within the Competitive Recreational Vehicles Industry Environment Including Strategic Recommendations. Patrick Beach Elise Boldt Neil Colombini Carl Seaberg Heather Songer Pacific Lutheran University In partial fulfillment of the requirements for BUSA 499-02 Professor Quoc Pham May
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Case Study Background Custom Molds Inc produces custom made molds for plastic parts and manufactures connectors for the electronics industry. The father founders of Custom Molds Inc are father and son‚ Tom and Mason Miller‚ in 1987 which is located in Tucson‚ Arizona. Tom Miller who is a mechanical engineer‚ had vast experience in the connector industry with AMP. Mason Miller is a double degree holder in chemistry and chemical engineering‚ a graduate from Arizona State University. Originally‚
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Colton Jones‚ Inc. Marion Jones was once the sole shareholder and president of Chempla‚ Inc.; in 20X1 she sold her stock to Westcoat Industries. She signed an agreement to be a consultant for five years. After being unable to make a profit Westcoat decided to sell their interest in Chempla‚ but were unable to find a buyer. Westcoat offered Chempla back to Marion Jones and an agreement was reached on September 1‚ 20X4. Included in the agreement Marion would be majority shareholder of the newly
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The Home Depot 2008 Annual Report Dear Shareholders: In 2008‚ our retail sales declined by 7.8 percent‚ with comp sales down 8.7 percent. Our adjusted earnings per share from continuing operations declined 22 percent. In ordinary times‚ these would be very disappointing results. But 2008 was not an ordinary year. Despite the difficult economic environment‚ we continued to improve our retail business‚ through investing in our associates and our stores‚ rebuilding our supply chain and
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