"Phar mor inc accounting fraud litigation and auditing liability pdf" Essays and Research Papers

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    Auditing Introduction Letter Mahshid Kianipour Instructors: Cecil B. Lucy November 15‚2010 University of Phoenix Auditing Introduction Letter From: Langroodi‚ CPA To : Management of Apollo Shoes‚ Inc. RE: Auditing and assurance services Dear Mr. Jason‚ First‚ I would like to appreciate to giving me this opportunity to explain a couple points related to our firm and services‚ so then I’ll try to make them understandable and short as much as I can; because I know how valuable

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    Attitude‚ Legislation‚ and Litigation Attitude‚ Legislation‚ and Litigation Since the beginning of time‚ people with disabilities were shunned‚ killed‚ considered an embarrassment‚ lock away‚ hidden away‚ and sometimes even worse. This attitude slowly started changing in the past 60 years. With these changes‚ came groups and acts to help inform the public and support the disabled and their families. The writer is going to describe how perception has changed‚ how legislation

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    Nature and Purpose of Auditing Content : • Definition and objectives of auditing • Types of audits • Development of auditing • Qualities of an auditor • Auditing process Objectives : Students should be able to : • Describe the definition and the objectives of auditing. • Distinguish between different types of audits. • Briefly describe the development of auditing. • List and explain

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    Product Liability

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    Products Liability Research Paper By Bobby Brown Sunbeam is an American made brand that has produced various household appliances since 1910. Their products have included the Mixmaster mixer‚ the Sunbeam waffle iron‚ Coffeemaster‚ and an automatic toaster. In 1928‚ the company’s head designer‚ Swedish immigrant Ivar Jeppsson‚ invented the Mixmaster mixer. Introduced to the public in 1930‚ it was the first mechanical mixer with two detachable beaters whose blades interlocked. Barbara Thompson

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    Strict Liability

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    Topics in Criminal Law May 25‚ 2010 Abstract Strict liability crimes require no culpable mental state and present a significant exception to the principle that all crimes require a conjunction of action and mens rea. Strict liability offenses make it a crime simply to do something‚ even if the offender has no intention of violating the law or causing the resulting harm. Strict liability is based philosophically on the presumption that causing harm is in itself blameworthy regardless of the

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    The Civil Litigation Process The focus of this paper will be to show how an employee would take a discrimination complaint against his or her employer. The process will be explored from where one would begin with the Equal Employment Opportunity Commission (EEOC) and proceeds through the civil litigation process from the state level up to the United States Supreme Court. In the examination of this scenario‚ it becomes necessary to define two key terms: discrimination and civil litigation. Discrimination

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    Red Flags Of Fraud

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    Abstract A fraud is an act of deceiving others for personal gain but is not usually followed by a crime. The symptoms of fraud or the red flags help understand the slight difference between a corporate fraud and a corporate crime. The continual financial frauds leading to corporate collapse and the failure of the statutory audit to detect and prevent fraudulent activities of the perpetrators lead investors and the firms and individuals to suffer. This contributed to the increased need for investigating

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    Frauds in Insurance

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    EXECUTIVE SUMMARY “Rising frauds lead to greater operational threat.” Insurance is one of the tools for risk management that aims at reducing the risk on the day-to-day life of individuals‚ organisation and society. At the same time‚ it should also be appreciated that insurance cannot be utilised as a risk free tool for all types of situations. Insurance provides risk management solutions to many situations that fall within the competence of human judgement and managerial skills. Insurance is

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    Administrative Liability

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    Office of the Ombudsman v. Uldarico P. Andutan (G.R. No. 164679‚ 27 July 2011) The Ombudsman argued – in both the present petition and in the petition it filed with the CA – that Andutan’s retirement from office does not render moot any administrative case‚ as long as he is charged with an offense he committed while in office. It is irrelevant‚ according to the Ombudsman‚ that Andutan had already resigned prior to the filing of the administrative case since the operative fact that determines its

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    Auditing Theory Q&a

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    Auditing Theory 1. A control which relates to all parts of the EDP system is called a(n) a. Systems control c. Applications control b. General control d. Universal control 2. Which of the following is not an output control? a. Proper authorization of transaction b. Control totals c. Check digits d. Adequate documents 3. Should the auditor feel‚ after obtaining an understanding of the EDP internal control structure‚ that

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