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Auditing Cases

In: Business and Management

Submitted By hamgod78
Words 162000
Pages 648
Auditing Cases instructor resource Manual

f our th

e d itio n

Mark S. Beasley Frank A. Buckless Steven M. Glover Douglas F. Prawitt do not coPy or redistribute
Prentice hall
Upper Saddle River, New Jersey

ta b l e s e ct ion

o f

co n t e n t s

1 2

client acceptance
. . . . . . . . . . . . . . . . . . . . . . . . . . .

S o l u tionS inc lu de d in t h iS Section 1.1

Ocean Manufacturing, Inc.

3

The New Client Acceptance Decision

s e ct ion

Understanding the Client’s Business and assessing risk
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

S o l u tionS inc lu de d in t h iS Section 2.1

Your1040Return.com

Evaluating eBusiness Revenue Recognition, Information Privacy, and Electronic Evidence Issues
. . . . . . . . . . . . . . . . . . . . . . . . . . 25

2.2 2.3 2.4

Dell Computer Corporation
Evaluation of Client Business Risk

Flash Technologies, Inc. Asher Farms Inc.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . 39

Risk Analysis and Resolution of Client Issues
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49

Understanding of Client’s Business Environment

s e ct ion

3

Professional and ethical issues
. . . . . . . . . . . . . . . . . . . . . . . 59

S o l u tio nS inc lu de d in t h iS Section 3.1 3.2 3.3 3.4 3.5

A Day in the Life of Brent Dorsey
Staff Auditor Professional Pressures

Nathan Johnson’s Rental Car Reimbursement
Solving Ethical Dilemmas–Should He Pocket the Cash? Recognizing It’s a Fraud and Evaluating What to Do

. . . . . . . . . . . . . . . . 63

The Anonymous Caller WorldCom

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71

The Story of a Whistleblower
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79…...

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