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1. From an ethical perspective, why do auditors evaluate business risk before deciding whether to accept a new client?
2. Integrity is an essential element in the relationship between client management and the auditor. Evaluate the issue of integrity from the perspective of possibly taking on Jost Furniture as a new client. Use Josephson Six Pillars of Character to support your decision whether to submit a bid for the Jost Furniture audit.
3. Some CPA firms have started to add an indemnification clause to their engagement letters that provides that the client would release, indemnify, defend, and hold the auditor harmless from any liability and costs resulting from knowing misrepresentations by management. Would inclusion of such an indemnification clause in engagement letters impair independence? Why or why not? What if, as a condition to retaining an auditor to perform an audit engagement, a prospective client requests that the firm enter into an agreement providing that the firm indemnify the client for damages, losses, or costs arising from lawsuits, claims, or settlements that relate, directly or indirectly, to client acts? Would entering into such an agreement impair independence?
"Five Forces of Competition Model" Please respond to the following: • From the e-Activity, analyze the industry you selected using the Five Forces of Competition Model to determine the impact of each of the five forces.
Evaluate the organizational chart for your current organization. Provide recommendations for revising the organizational design so it more effectively serves the mission of the firm and its many stakeholders
What's dwelling protection in a homeowners policy pertain to and what do appurtenant structures refer to in in a homeowners policy
2. A client has provided you with data on the price of cars, the price of gasoline, the quantity of new cars sold in each of a number of countries. In addition you observe Gross Domestic Product per capita (GDP is a measure of national income a..
Prepare a paper using your organization, or one that you are familiar with, and have access to the necessary information in order to identify an issue that can be improved by developing a training program.
What strategies related to environmental policies do organizations use to report sustainability? What area of focus would make the greatest effect?
Explain why or explain why not. Please comprise in your posting examples of Explain how you, your family, neighbours, friends and co-workers have been impacted by the free trade movement.
If all foreign search engine companies declined to invest directly in China due to concerns over censorship, what do you think the results would be? Elucidate who would benefit most from this action? Who would lose the most?
Only way to study a system is to stress the system and observe how the system responds to stress. Organizations are analogous as such systems
Explain To support the price of cheese at the price floor and the USDA had to buy up 1.5 billion pounds of cheese and The accompanying diagram shows supply and demand curves illustrating the market for cheese.
Prepare a draft document that defines the new organization
Discuss the team overall mission and form an initial project plan.
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