As a part of the audit of Ren Gold Manufacturing Company, a nonpublic company, management requests basic financial statements and separately, the same basic financial statements accompanied by additional information. Management informs you that the intent is to use the basic financial statements for bankers, other creditors, and the two owners who are not involved […]
The following questions concern auditor professional responsibilities. Choose the best response. a. The concept of materiality would be least important to an auditor when considering the (1) adequacy of disclosure of a client’s illegal act. (2) effects of a direct financial interest in the client on the CPA’s independence. (3) discovery of weaknesses in a […]
BRAINSTORM Imagine that you have a friend or family member that is looking to change some of their nutritional practices . What advice would you give them? Make sure to consider the principles of adequacy, balance, calorie control, moderation, and variety. WRITE-UP Write a 200+ word response describing the advice that you would give to […]
Describe the information processing operations required to update the general ledger and to produce reports for internal and external users. Identify the major threats in general ledger and reporting activities and evaluate the adequacy of various control procedures for dealing with them. Understand the implications of new IT developments, such as XBRL, and changes in […]
Describe the major business activities and related information processing operations performed in the production cycle. Identify major threats in the production cycle and evaluate the adequacy of various control procedures for dealing with those threats. Explain how a company’s cost accounting system can help it achieve its manufacturing goals. Discuss the key decisions that must […]
Think of a vulnerable population in or near the geographical location where you live . Explore what factors have put this population in a vulnerable position. Discuss the availability and adequacy of services for this population in the local community. What is still needed to address this population’s health and well-being needs? Since this course […]
1. Imagine you are conducting a literature review in preparation for a study of expectations regarding the sharing of financial and practical responsibilities among married and cohabiting couples in which both partners are between the ages of 20 and 29. Conducting a keyword search on “couples” and “responsibility,” you generate a lengthy list of research […]
