What are the advantages and disadvantages of the primary types of auditors? Which type interests you the most? Explain. The most common primary types of auditors are certified public accounting firms, government accountability office auditors, internal revenue agents, and internal auditors. CPAs are licensed to express audit opinions on financial statements and are used as independent or external auditors. I’m not currently aware of any disadvantages of being a CPA. GAO auditors work
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DeVry University Orlando Florida Campus ENGL 227 Formal Report Week # 8 Professor: TABLE OF CONTENTS TABLE OF CONTENT………………………………………………………….2 INTRODUCTION................................................................................................3 ACCOUNTING CAREER…………………………………………………..4-7 Education/Training Employment/Compensation MARKETING CARRER…………………………………………………………………8-10 Education/Training Employment/Compensation
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Strength Kenmark had it strength on the variety and superiority of its products. Kenmark’s first category LCD TV’s offers an innovative line of LCD TVs, monitors, and diverse range of consumer electronic products and accessories. With in-house design that covers hardware, software, industrial and mechanical and manufacturing capability that includes regulatory approval, QA, QC and packaging the company ties all the steps together. From various countries of the world Kenmark fuses together a whole
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elite set of men and women, called forensic accountant. Forensic accountants help America recover huge amounts of financial dollars by bring corporate leaders to justice who made illegal business decisions (Davis, Farrell, & Ogilby, 2009). Attributes of the Elite Forensic accounting/accountant (FA) involves the application of accounting concepts and techniques to legal problems (Davis, Farrell, & Ogilby, 2009). “Initially, forensic accountants were used by government agencies, such as the
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influence will be observed in the auditing standards that have to be followed by Keller CPAs in this audit. The six ethical principles of the American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct will be observed during this audit. Those principles are independence, responsibilities, the public interest, integrity, objectivity and independence, due care, and the scope and nature of services. By maintaining objectivity and being
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government 5 Action or claims against accountants by clients 6 Action or claims against accountants by third parties 6-7 Action or claims against accountants by the government 7 Accounting-Client privilege 7 Whistleblowing 8 Conclusion 8-9 Reference 10-11 AC502-01N: Regulation Unit 6 Accountant Responsibility Oluseye Akindebe Kaplan University May 05, 2015 Professor: Christopher Zapalski Abstract: Accountants assist to make sure that companies run
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financial reports and accounting easier to read and understand. End users to these reports include investors, lenders, etc. The Public Company Accounting Oversight Board (PCAOB) was created to oversee the auditors of public companies to protect the interests of investors and further interest in the preparation of informative, fair, and independent audit reports (Public Company Accounting Oversight Board, 2008). There are standards adopted by the PCAOB and some of these standards are: referencing
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Illinois in 1908 with a degree in accounting. At the age of 23, he was the youngest Certified Public Accountant in the state of Illinois. From 1907 to 1911 he served as the Senior Consultant for Price Waterhouse in Chicago. In 1913, Andersen decided to establish his own accounting firm. At the age of 28, he founded the public accounting firm of Andersen, DeLany & Company in Chicago. Licensed as accountants and auditors in many states across the country, the company grew rapidly during the 1920s
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Hire a head accountant to train everyone and to check that everyone follows the new practices to the letter. 2. Hire an internal auditor. Although this may sound unintuitive to audit yourself, it is preferable to check up on your own business transactions before the federal or state governments decide to audit you. It can also help your company to reduce waste, change to a more efficient system and reorganize. Many professional auditors work in this capacity. Also, many Certified Public Accountants
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notice of such interrogatories, or a request for documents, or directive to take CPE or corrective action by registered or certified mail, postage prepaid, to the member at the member's last known address shown in the official records of the Institute. 1. Failure to conduct meaningful audit http://www.forbes.com/sites/walterpavlo/2011/09/16/david-friehling-madoffs-accountant-sentencing-postponed-again/ He had simply trusted Mr. Madoff, taking whatever figures he was given and plugging them into
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