Prepare a letter to the potential client

Assignment Help Accounting Basics
Reference no: EM131954364

Question: You have met with a potential client, who informs you that all the employees and officers of his company are bonded. For this reason, he is requesting that under these conditions that you not look at his company's system of internal control so his company may reduce the cost of an audit.

Prepare a letter to the potential client explaining the following:

• Why you can or cannot honor his request.

• The reasoning for your decision.

• The potential ramifications of your decision.

• Based on your choice of action, what the perceived corporate governance of the company would be to the public.

Reference no: EM131954364

Questions Cloud

What is the probability that the shipment of parts : What is the probability that the shipment of parts will be returned?
Disadvantages of using c corporation as a legal structure : Explain some advantages and disadvantages of using the C corporation as a legal structure. Finally, how might officers of the corporation be compensated.
How you could decompose your work packages into activities : Think about how you could decompose your work packages into activities and subactivities to complete this coffee house project.
What interventions can be used to improve the quality : Consider the list of common roles for team members which of these roles do you think you play in your own team or group? Why?
Prepare a letter to the potential client : You have met with a potential client, who informs you that all the employees and officers of his company are bonded. For this reason, he is requesting.
What are the primary functional requirements for the system : COIT20248 Information Systems Analysis and Design Assignment - About Systems Development. What are the primary functional requirements for the system
Describe evaluating in technology assessment process : Describe "SCOPING" in technology Assessment Process.Describe "EVALUATING" in technology Assessment Process.
Analyze major forces affecting delivery of health services : Demonstrate your mastery of the course outcomes: Determine financial impacts in healthcare by analyzing major forces affecting the delivery of health services.
Critically analyse the literature : Students need to review the articles and sources selected, i. e. read and critically analyse (compare and contrast) the literature

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd