Solution-Write a memo to audit partner informing for

Write a memo to audit partner informing for recommendation

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Reference no: EM132462213

Question a. Does the illegal act increase the potential for fraud in the financial statements

Question b. Assess the impact on the audit of the internal controls in the human resources department

Question c. Write a memo to the audit partner informing her of your recommendation

As part of your duties as the auditor, should you contact the audit committee about the CFO's act? Support your answer by researching and discussing guidance provided in the authoritative literature. As a hint, first consider the general guidance provided by the AICPA Code of Professional Conduct (AICPA 1997 updated AICPA 2014) and Statement on Auditing Standards No. 54 (AICPA 1988; updated AS 2405). More specific guidance can be found by examining the Private Securities Litigation Reform Act (1995) and the Sarbanes-Oxley Act of 2002.

Reference no: EM132462213

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Write a memo to audit partner informing for recommendation

Reference no: EM132462213

Reference no: EM132462213

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