Audit Essay Topics

Ligand Phamaceuticals

Describe what you believe is implied by the term “engagement risk. ” What are the key factors likely considered by Deloitte and other audit firms when assessing engagement risk? How, if at all, are auditors’ professional responsibilities affected when a client proposes a higher than normal degree of engagement risk? I believe that the term… View Article

Happiness Express, Inc

1. Identify the primary audit objectives that auditors hope to accomplish by (a) confirming a client’s year-end accounts receivable (b) performing year-end sales cut-off tests. The primary audit objectives that the auditors hope to accomplish by confirming a client’s year-end accounts receivable are existence, completeness, and valuation. By using confirmations, the auditors are hoping that… View Article

Delima Case Aummary

Delima Enterprise was founded in 1981 by Encik Zayed. It conducted trading and supplying related products including manpower supplies to the oil and gas industries. In 2004, the enterprise was incorporated as Delima Enterprise Sdn. Bhd. Encik Zayed as the Managing Director and his wife Puan Hashimah as the Chief Operating Officer managed the company…. View Article

Phar-Mor Fraud

Phar-Mor, Inc was a thriving discount grocery store in the late 1980’s. Phar-Mor was moving product quickly but profit margins were not significant enough to pay the bills. By the early 1990’s, Phar-Mor declared bankruptcy due to fraudulent financial reporting and misappropriation of assets, making it one of the largest frauds in U.S. history. Below,… View Article

Internship Report

I am Nigel Ng Ding Xun from Business Information Technology. During the ending of my second year in Ngee Ann Polytechnic, I had to go through what may be the toughest thing I faced during my time studying in Ngee Ann. Internship. I was placed in the company Lau Chin Huat & Co. Lau Chin… View Article

Difference Between Audit & Investigation

Investigation is the act of detail examination of activities so as to achieve certain objectives. Specially, investigation is made in suspected places. It finds out the nature and reasons of suspected areas but auditing is the act of examining books of accounts so as to prove true and fairness of operating results and financial position… View Article

Independent Auditor’s Report

LCC has conducted an audit of Apollo Shoes, Inc. balance sheets, the retained earnings, cash flows, and other related statements of income for the year ended December 31, 2006/2007. Apollo Shoes Inc management is responsible for maintaining the effective internal controls that goes along with the financial statements and how well the accuracy is going… View Article

Internal Control Evaluation

Every business should take the steps necessary to ensure that its internal controls are functioning effectively and efficiently. It is important to have accountability at every level of a business. Creating a checklist to evaluate internal controls will support the business in this effort. According to Louwers, Ramsay, Sinason and Stawser (2007), an internal control… View Article

Human Resource control

I want to first start off by saying thank you for the opportunity to handle such an important and sensitive matter such as the internal control for the LJB Company. First and foremost I want you to be aware of the requirements of your company if you do decide to go public. The Sarbanes-Oxley Act… View Article

Internal control

Internal control is an essential part of every company, and ensures that the operations of the company run as smooth as possible. Without proper internal controls, companies become vulnerable to risks that may reflect poorly on their potential investors. Since a major part of an audit is testing these internal controls, a company that does… View Article

Kellogg’s Risk Assessment

Many inventions are discovered by accident and that is the case of Kellogg’s. In 1898, W.K Kellogg and his brother Dr. John Harvey Kellogg attempted at making granola and failed but their failure led to flaked corn which then became Kellogg’s Corn Flakes. Kellogg’s Company engages in the manufacture and marketing of ready-to-eat cereal and… View Article

Business Law Assignment

This essay will explain the following four questions. First, would registration with the SEC be required for Dakota Gasworks securities? Second, Did Emerson violate Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5? Third what theory or theories might a court use to hold Wallace liable for insider trading? Finally, under… View Article

Types of Cost Audit

* Cost Audit to assist Management : The main object of this type of cost audit is to make available accurate, relevant and prompt information to management to assist it in taking important managerial decisions. * Cost Audit on behalf of the Government: The government may appoint a cost auditor to conduct cost audit where… View Article

Energy Audit

Eco-efficiency is a subject that everyone should research; the economic and ecological issues that face this country cannot be ignored. The water consumption and energy consumption of the average American is surprisingly high. After taking a careful inventory of my stock, I can now see the areas in which I can make improvements regarding the… View Article

Answer Key To Integrated Audit Practice

ANSWER KEY TO INTEGRATED AUDIT PRACTICE CASE [Fast Download] ANSWER KEY TO INTEGRATED AUDIT PRACTICE CASE.PDF online answer key to integrated audit practice case provide extensive details and also really overviews you while running any sort of item. answer key to integrated audit practice case offers a clear cut as well as straightforward guidelines to… View Article