"The lakeside company auditing cases" Essays and Research Papers

Sort By:
Satisfactory Essays
Good Essays
Better Essays
Powerful Essays
Best Essays
Page 4 of 50 - About 500 Essays
  • Good Essays

    Auditing

    • 942 Words
    • 4 Pages

    5(a) Prepare a memo to the partner making a recommendation as to whether Barnes and Fischer should or should not accept Ocean Manufacturing‚ Inc. as an audit client. Carefully justify your position in light of the information in the case. Include consideration of reasons both for and against acceptance and be sure to address both financial and nonfinancial issues to justify your recommendation. MEMORANDUM To: Jane Hunter From: Corrine Subject: Ocean Manufactory Should be Accepted Date:

    Premium Audit Management Balance sheet

    • 942 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Auditing

    • 1697 Words
    • 7 Pages

    PART A 35 Multiple Choice Questions worth 1 mark each (all questions to be answers) 1. ABC firm are the auditors of XYZ Company. The partner responsible for the audit has recently spent a week working with XYZ as a paid consultant on their internal control systems. The ethical principle that has been breached is: a. auditor independence. b. auditor appointment. c. auditor rotation. d. auditor competence. 2. The term audit expectation gap refers

    Premium Auditing Audit Financial audit

    • 1697 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Auditing

    • 2135 Words
    • 9 Pages

    relevant facts can be obtained from the case “The Subsidiary”: * Diane is a Principle Auditor working in the firm of Blott and Twiggy (B & T). * Doug Blott is Diane’s Audit Manager who has 9 years audit experience. David Blott is the senior partner in B & T. * Diane is auditing a plastics subsidiary which is a material component of a large Australian unlisted public company. It is Diane’s responsibility to complete the yearend audit of the company on behalf of B & T. * The plastics

    Premium Ethics Accountant Business ethics

    • 2135 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Auditing

    • 3280 Words
    • 14 Pages

    the following. The company has fairly voluminous purchase transactions. The company overcomes the inherent problems of obsolescence and overstocking by tight inventory control. However‚ The inventory is vulnerable to theft thereby reducing the overall reliability of internal control in terms of faithful representation and undermines quality of operations. Also unrestricted access to warehouse further increases risk. The company has numerous sales transactions. The company is facing fierce international

    Premium Balance sheet Auditing Asset

    • 3280 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Auditing

    • 2257 Words
    • 10 Pages

    all the professional and business relationships. In this case‚ an auditor has to be integrity to present their honest and fair to the client. Even Game’s Limited’s managing director is unhappy with the existing auditing firm has been changed. Objective An auditor has to be objective and fair. Auditor has to be fairness and objective to provide financial report. The client’s point of view must not affect auditor’s objective. In this case‚ Games Ltd has been named in a recent anti-corruption enquiry

    Premium Audit Auditing Inventory

    • 2257 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Auditing

    • 1012 Words
    • 5 Pages

    AUDITING 4 INTERNAL CONTROL In business control is required for optimum utilizatiion of resources and for maximising the profits.business operations are carried on with the help of human agents and equipments.both require supervision to ensure that tasks assigned to them are carried out properly to avoid wastes and losses. Internal control required for small business is not identical with that required for a large business in the sense that in case of the former‚the entire control

    Premium Internal control Internal audit Auditing

    • 1012 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Auditing

    • 583 Words
    • 3 Pages

    the audit? The types of auditing samples are broken down into two different categories: statistical and non-statistical sampling. The purpose of auditing samples are designed to give the auditor the results he or she seeks‚ without having to completely audit 100% of the items within the audit population. Here are some of the different types of auditing samples broken out into the two categories: Statistical Sampling Methods: Random Sampling – Is an auditing method that basically means

    Premium Sampling Sample Sample size

    • 583 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Auditing

    • 1422 Words
    • 6 Pages

    Report on Internal Control over Financial Reporting. Our responsibility is to express an opinion on the company’s internal control over financial reporting based on our audits. We conducted our audits in accordance with the standards of Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our

    Premium Auditing Internal control Internal audit

    • 1422 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Auditing

    • 416 Words
    • 2 Pages

    FINANCE COURSE CODE: AC211 COURSE TITLE: AUDITING THEORY AND PRACTICE ASSIGNMENT FIRST SEMESTER 2014 QUESTION 1 Brian Ltd was formed on November 2013 in order to manufacture microchips. The directors are unsure of their responsibilities and the nature of their relationship with the external auditors. The audit partner has ask you to visit the client and explain to the directors the more fundamental aspects of the accountability of the company and their relationship with the auditor. Required

    Premium Audit Auditing External auditor

    • 416 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Bcci Case Study for Auditing

    • 5644 Words
    • 23 Pages

    neither its holding company nor the subsidiaries has conducted any banking activities there. Thus‚ Luxembourg did not regulate it. Its real home which was BCCI’s headquarter and where most of the operations were carried out was actually in the UK. Because it was chartered in Luxembourg and Grand Caymans‚ Bank of England (BOE) thus thought itself as a secondary role in supervising BCCI‚ thereby reducing the level of scrutiny imposed on BCCI. In addition‚ BCCI has an uncommon auditing system. Price Waterhouse

    Premium Audit Auditor's report

    • 5644 Words
    • 23 Pages
    Good Essays
Page 1 2 3 4 5 6 7 8 9 50