Case #1 [Type the document subtitle] 2/16/2014 Review Comments Summary Discussion Questions – 2 Hours Exercise – 1.5 Hours Table of Contents Title Page……………………………………………………………..………………………….. Review Comments…….……………………………………………………………………........1 Team Summary …………………………………………………………………………………..2 Table of Contents……………………………………………………………………………..….3 Discussion Questions……………………………………………………………………………...4 Question #1………………………………………………………………………………
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Case #3 The Lakeside Company: Auditing Cases Analysis of a Potential Audit Client · Benjamin Rogers is president of the Lakeside Company‚ a retailer/ distributer of consumer electronics. · Rogers is unsatisfied with King and Company’s CPAs‚ and has been in contact with Abernethy and Chapman. · Abernethy and Chapman has never had a client in this field and they look forward to breaking into a new market. · Lakeside has grown at a steady rate in the last decade
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February 7‚ 2013 Abernathy and Chapman Wallace Andrews Lakeside 1235 Sentry Drive Richmond‚ Virginia 66266 Dear Mr. Wallace‚ We have researched the issues that were discussed regarding the possibility of Lakeside Company going public and the ramifications this action would have on their desirability as a client. We have also analyzed Lakeside Company’s financial statements to evaluate the possibility of misstatements. Attached‚ you will find our report discussing these issues. Please
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Discussion Questions- Case 8 2) An over count of ending inventory would lead to a decrease in costs of goods sold which leads to an increase in net income. Anytime a company wants a higher net income there is the potential for over counting of inventory. This potential problem is especially significant in the audit of the Lakeside stores because manager’s of the each store get a bonus based on the store’s net income. They are also the same people who count the inventory. It would be very tempting
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Year 12 Legal Studies Crime Assessment Steven Fraser - R v Fraser - Murder of children Legal Citation: R v Fraser [2003] NSWSC 965 and R v Fraser [2004] NSWSC 53 Elements of the Offence: Steven Fraser murdered his three children – Ashley (7)‚ Ryan (5)‚ and Jarrod (4) – on the weekend of the 18 – 19 August‚ 2001. They were staying in his Caringbah apartment on a custody visit‚ where Steven was living after separating with his wife Maria Chona two months prior. Ryan and Jarrod were given doses
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Aircraft Solution (AS) Company Ali Hassan Submitted to: John Michalek SEC571 Principles of Information Security and Privacy Keller Graduate School of Management Submitted: April 21‚ 2013 Table of Contents Company Overview ……………………………………………1 Company Assets ………………………………………………..1 Vulnerabilities ………………………………………………….2 Hardware Vulnerability………………………………….......2 Policy Vulnerability …………………………..……………..3 Recommended Solutions…………………………………….... 5 Hardware Solutions ……………………
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Company X would like to have a method to be able to quantitatively analyze if there’s a business case for creating production cells in the factory. The company currently operates in a job shop based manufacturing environment in which similar machines are grouped into functional departments. This means that the parts are moved from department to department through the manufacturing process. The company currently does not have any production cells‚ neither have they identified products which together
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process. Lakeside funeral home is located in Woodstock‚ Ontario. This funeral home offers pre planning services. Their website is full of information on the importance of preplanning and having a service. It states that those who plan ahead can be assured that‚ not only will their personal wishes be fulfilled‚ but other unnecessary difficulties will be avoided. There are a variety of funeral service types and formats offered by this home. Cremation on site is an option as well. Lakeside funeral home
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2014 RE: Renal Dialysis of Lakeside Hospital Approximately twenty years ago‚ at Dr. Newell’s initiative‚ Lakeside Hospital had opened the dialysis unit‚ largely in response to the growing number of patients with chronic kidney disease. The most common treatment for end-stage renal disease was hemodialysis. Since more and more independent dialysis centers were modern‚ attractively designed‚ and could offer psychological advantages to patients‚ they became Lakeside Hospital’s strong competitors
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The Lakeside Company: Analysis of a Potential Audit Client Benjamin M. Rogers is the president of the Lakeside Company‚ a retailer and distributor of consumer electronics (such as televisions) based in Richmond‚ Virginia. Although King and Company CPAs‚ a Richmond firm‚ had previously audited Lakeside‚ Rogers has recently become aware of the CPA firm of Abernethy and Chapman from reading several advertisements. His interest in the firm was heightened when he discovered that Abernethy and Chapman
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