Chapter 9 Writing Short Reports Critical Thinking Questions 1. Discuss the effects of formality and problem length on report makeup as described in the chapter. (LO1) 2. Which of the prefatory pages of reports appear to be related primarily to the length of the report? Which to the need for formality? (LO1) 3. Describe the role and content of a transmittal message. (LO1) 4. Why is a personal style typically used in the transmittal message? (LO1) 5. Explain how to write
Words: 1030 - Pages: 5
| | | Home | Previous Page | | | | | | | | | | | | UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK SECURITIES AND EXCHANGE COMMISSION, 450 Fifth St., N.W. Washington, D.C. 20549, Plaintiff, v. KPMG LLP, JOSEPH T. BOYLE, MICHAEL A. CONWAY, ANTHONY P. DOLANSKI, RONALD A. SAFRAN and THOMAS J. YOHO Defendant. | ) ) ) ) ) ) ) ) ) ) ) ) ) ) | Civil Action No. 03 CV 0671 (DLC) FIRST AMENDED COMPLAINT SECURITIES FRAUD
Words: 17525 - Pages: 71
The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron The tale of Enron is a story of human weakness, of hubris and greed and rampant self-delusion; of ambition run amok; of a grand experiment in the deregulated world; of a business model that didn’t work; and of smart people who believed their next gamble would cover their last disaster—and who couldn’t admit they were wrong.1 Once one of the country’s foremost companies in regards to earnings, innovation, and reputation
Words: 2284 - Pages: 10
Question 2 To determine inherent risk the auditor will usually look for such factors as client business risk, examine the business industry and business environment. Auditors need to look at certain industries and be able to familiarize themselves with certain inherent risks that could occur. The auditor needs to be able to understand the competition that exists within the industry, any economic conditions and regulatory laws that the business must follow. The auditor will also look at how business
Words: 1752 - Pages: 8
Towards Reducing the Audit Expectation Gap Possible Mission? Teck Heang Lee, Dr. Azham Md. Ali & Shamini Kandasamy 18 ACCOUNTANTS TODAY • February 2008 Towards Reducing the Audit Expectation Gap: Possible Mission? The auditing profession believes that the increase in litigation and criticism against auditors may be due to the audit expectation gap. The audit expectation gap is defined as the difference between what the public expects from an audit and what the audit profession accepts
Words: 3811 - Pages: 16
Laxapana Batteries PLC Annual Report 2010 / 2011 Our Mission “Our mission is to provide best value energy generating products” To our shareholders - We will continuously improve our manufacturing capabilities and technology as part of our growth strategy and thereby improve profits and return on investment. To our customers - We will provide high quality products that will consistently meet customer expectations. To our employees - We will create a work environment where employees will be
Words: 12619 - Pages: 51
goals effectively and efficiently. This paper will examine, and compare and contrast four types of control mechanisms the Walt Disney Company used: (1) budgetary controls, (2) marketing control, (3) bureaucratic control cycle, and (4) management audits to determine the effectiveness of each by examining the positive and negative reactions to these controls in order to explain how these control mechanisms affect the four function of management. Budgetary control is one of the most recognized internationally
Words: 1467 - Pages: 6
FRAUD AT WORLDCOM LDDS began operations in 1984 offering services to local retail and commercial customers in he southern states. It was initially a loss making enterprise, and thus hired Bernie J. (Bernie) Ebbers to run things. It took him less than a year to make the comoany profitable. By the end of 1993, LDDS was the fourth largest long distance carrier in the United States. After a shareholder vote in May 1995, the company officially came to be known as Worldcom. Corporate Culture Worldcom
Words: 744 - Pages: 3
The historical financial statements are prepared following the GAAP. But companies have to follow the guidelines of the Internal Revenue Service to prepare accounting for tax purposes. The different methods rules applied in following the GAAP and tax accounting guidelines would result in different amounts of tax expenses or taxable income reported to the IRS. Deferred taxes are arrived at by the calculation of the taxable income and taxes payable. Temporary difference is the difference between pretax
Words: 1044 - Pages: 5
Ethicality of Corporate Governance Name ETH 376 January 30, 2012 Instructor Legality and Ethicality of Corporate Governance United Thermostatic Controls is a publically traded corporation, and currently they are in the middle of an internal audit. The company manufactures and markets residential and commercial thermostats. The company is divided into four regions, U.S.A Sales Division, Western Sales Division, Eastern Sales Division, and Southern Sales Division. Each of these divisions has
Words: 942 - Pages: 4
