Sonnel Browne Regulation 502 August 27, 2013 Annotated Bibliography Bologna, J. (1993). “The Accountant’s Handbook of Fraud and Commercial Crime.” New York: John Wiley & Sons. This source will give the reader information about the different types of frauds that occurred under the three acts by Accountants. Constantine N. Katsoris.(1967). Fordham Law Review: Accountants' Third Party Liability-How Far Do We Go? Vol (36). Issue 2. Pg.191. This source will provide a more in-depth
Words: 409 - Pages: 2
The Sarbanes-Oxley Act of 2002 Presented by: Ibrahim M. Conteh; Ruby Proctor Garcia; Kathleen M. Parry; Joseph M. Schmerling; Jaime Ulloa Auditing Theory and Practice 0902 ACCT422 4021 Due: April 29, 2009 Table of Contents Page Number What is the Sarbanes-Oxley Act of 2002? 3 Why was SOX established? 4 When did SOX take effect? 5 What companies were affected and how? 6 What does SOX compliance require
Words: 3247 - Pages: 13
Assignment 4: Just for Feet Harold Ruttenberg, a native of South Africa, paid for his college education by working as a sales clerk in a men`s clothing store. Following his graduation, Harold Ruttenberg began importing Levi`s jeans from the United States and selling them from his car. Ruttenberg earned enough capital from selling the Levi`s jeans to open his own retail store. By the time Harold Ruttenberg reached the age of 30, he owned a small chain of men`s apparel stores. Due to mounting
Words: 3182 - Pages: 13
Table of Contents 1.0 Abstract 2 2.0 Introduction 2 3.0 Questions and Answer 3 4.0 SWOT Analysis 12 5.0 Recommendation 13 6.0 References 14 1.0 Abstract In December 2005, two years after this case was written, the telecommunications industry consolidated further. Verizon Communications acquired MCI/WorldCom and SBC Communications acquired AT&T Corporation, which had been in business since the 19th Century. The acquisition of MCI/WorldCom was the direct result of the
Words: 4613 - Pages: 19
a Ruiyuan Fu Acct 5013 Julie Lee Aug 31 2014 Chapter 2 Multiple Choice: 1. B 2.C 3.A 4.C 5.C 6.D 7.D 8. B 9.A 10.B Case 1 I would suggest Mr. Eatough report the fraud activities to the board for the following reasoning: According to the Code of Ethics, Mr. Eatough is required to engage with integrity while performing internal auditing for the company. The principle of integrity, specifically the Rules of Conduct associated with the principle state that internal auditors “shall
Words: 274 - Pages: 2
Before You Sue The Accountants Daniel J. Hurson Even if it looks like a strong case, be careful—there are some surprising defenses. IN THE WAKE OF the corporate accounting scandals that have dominated the business news for the last few years, as well as recurring announcements of large settlements in class action suits against major accounting firms, the prospect of a malpractice case against an accounting firm would at first glance seem attractive. Juries are presumably more predisposed to
Words: 5409 - Pages: 22
The effects of Sarbanes-Oxley Act on corporate culture (1) Increase in accounting costs (2) Increased records-management requirements (3) Salary increases (4) Increase in audit fees B. Need for Continuous Auditing/ Continuous Monitoring and its benefits C. Role of internal Auditing and Management. D. Identification of Control Deficiencies – What is the Act doing to minimize. E. Fraud/Scandal, Waste,
Words: 3193 - Pages: 13
MAINTENANCE MANAGEMENT DIPLOMA AND BACHELOR OF TECHNOLOGY DEGREE Asset Management Auditing, Benchmarking and Measures South African Breweries Limited THE SOUTH AFRICAN BREWERIES BEER DIVISION Asset Management Auditing, Benchmarking and Measures TABLE OF CONTENTS Course Map 1. General Information 2. Outcomes of this module 3. Study Material 4. Assignments 5. Guidelines to answering questions 6. The examination 7. Support for this module 3 4 5 6 7 8 9 9 2 Copyright 2011 The
Words: 13783 - Pages: 56
Case A Overview Neil, Inc. engaged Lifeson and Lee, CPAs to audit its 2010 financial statement. Neil, Inc. has never been audited in prior years. Neil, Inc. is a manufacturing company that uses the periodic inventory system and has no controls in its purchasing process. Neil, Inc. is not a public company. Lifeson and Lee conclude the audit of Neil, Inc.’s financial statements and found no material deviations from GAAP and no other scope limitations. The subsequent discussion will be regarding
Words: 2202 - Pages: 9
Abstract This paper discusses the role and function of the Public Company Accounting Oversight Board (PCAOB) and Auditing Standard 5 (AS 5). Due to the increased demand for oversight in auditing standards, this paper also examines the impact of Sarbanes-Oxley (SOX) and the reasons for the creation of the PCAOB, as well as the implementation of the rules and regulations. Additionally, this paper examines the impact of AS 5. Keywords: audit, AS 5, financial statements, PCAOB, SEC, SOX Table
Words: 4474 - Pages: 18
