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| Auditing Cases - An Interactive Approach - 2nd Edition - Solutions / Answers |
1. Jacksonville Jaguars
Evaluating IT benefits and risks and identifying assurance services opportunities
2. Your1040.com
Evaluating eBusiness revenue recognition, information privacy, and electronic evidence issues
3. A Day in the Life of Brent Dorsey
Staff auditor professional pressures
4. Nathan Johnson's Rental Car Reimbursement
Solving ethical dilemmas - should he pocket the cash?
5. The Anonymous Caller
Recognizing it's a fraud and evaluating what to do
6. Phar-Mor Inc.
Accounting fraud, litigation, and auditor liability
7. Enron Corporation and Andersen, LLP
Analyzing the fall of two giants
8. The Runners Shop
Litigation support review of audit documentation for notes payable
9. Dell Computer Corporation
Evaluation of client business risk
10. Ocean Manufacturing, Inc.
The new-client acceptance decision
11. Comptronix Corporation
Identifying inherent risk and control risk factors
12. Flash Technologies
Risk analysis and resolution of client issues
13. Simply Steam
Evaluation of internal control environment
14. Easy Clean, Co.
Evaluation of internal control environment
15. Cendant Corporation
Assessing the control environment and evaluating risk of financial statement fraud
16. Waste Management, Inc.
Manipulating accounting estimates
17. Xerox Corporation
Evaluating risk of financial statement fraud
18. Red Bluff Inn & Cafe
Establishing effective internal control in a small business
19. St. James Clothiers
Evaluation of manual and IT based sales accounting system risks
20. Collins Harp Enterprises
Recommending IT systems development controls
21. Ann Taylor Stores Corporation
Determination of planning materiality and tolerable misstatement
22. Northwest Bank
Developing expectations for analytical procedures
23. Laramie Wire Manufacturing
Using analytical procedures in audit planning
24. Burlington Bees
Using analytical procedures as substantive tests
25. Henrico Retail, Inc.
Understanding the IT accounting systems and identifying audit evidence for retail sales
26. Harley Davidson, Inc.
Identifying eBusiness risks and related assurance services for the eBusiness market place
27. Southeast Shoe Distributor Inc.
Identification of tests of controls for the revenue cycle
28. Southeast Shoe Distributor, Inc.
Identification of substantive tests for the revenue cycle
29. Southeast Shoe Distributor, Inc.
Selection of audit tests and risk assessment for the revenue cycle
30. Southeast Shoe Distributor, Inc.
Performance of tests of transactions for the expenditure cycle
31. Southeast Shoe Distributor, Inc.
Performance of tests of transactions for the expenditure cycle
32. EyeMax Corporation
Evaluation of audit differences
33. Auto Parts, Inc.
Considering materiality when evaluating accounting policies and footnote disclosures
34. K&K, Inc.
Leveraging audit insights to provide value-added services
35. Surfer Dude Duds, Inc.
Considering the going-concern assumption
36. Murchison Technologies, Inc.
Evaluating attorney's response and identifying proper audit report
Evaluating IT benefits and risks and identifying assurance services opportunities
2. Your1040.com
Evaluating eBusiness revenue recognition, information privacy, and electronic evidence issues
3. A Day in the Life of Brent Dorsey
Staff auditor professional pressures
4. Nathan Johnson's Rental Car Reimbursement
Solving ethical dilemmas - should he pocket the cash?
5. The Anonymous Caller
Recognizing it's a fraud and evaluating what to do
6. Phar-Mor Inc.
Accounting fraud, litigation, and auditor liability
7. Enron Corporation and Andersen, LLP
Analyzing the fall of two giants
8. The Runners Shop
Litigation support review of audit documentation for notes payable
9. Dell Computer Corporation
Evaluation of client business risk
10. Ocean Manufacturing, Inc.
The new-client acceptance decision
11. Comptronix Corporation
Identifying inherent risk and control risk factors
12. Flash Technologies
Risk analysis and resolution of client issues
13. Simply Steam
Evaluation of internal control environment
14. Easy Clean, Co.
Evaluation of internal control environment
15. Cendant Corporation
Assessing the control environment and evaluating risk of financial statement fraud
16. Waste Management, Inc.
Manipulating accounting estimates
17. Xerox Corporation
Evaluating risk of financial statement fraud
18. Red Bluff Inn & Cafe
Establishing effective internal control in a small business
19. St. James Clothiers
Evaluation of manual and IT based sales accounting system risks
20. Collins Harp Enterprises
Recommending IT systems development controls
21. Ann Taylor Stores Corporation
Determination of planning materiality and tolerable misstatement
22. Northwest Bank
Developing expectations for analytical procedures
23. Laramie Wire Manufacturing
Using analytical procedures in audit planning
24. Burlington Bees
Using analytical procedures as substantive tests
25. Henrico Retail, Inc.
Understanding the IT accounting systems and identifying audit evidence for retail sales
26. Harley Davidson, Inc.
Identifying eBusiness risks and related assurance services for the eBusiness market place
27. Southeast Shoe Distributor Inc.
Identification of tests of controls for the revenue cycle
28. Southeast Shoe Distributor, Inc.
Identification of substantive tests for the revenue cycle
29. Southeast Shoe Distributor, Inc.
Selection of audit tests and risk assessment for the revenue cycle
30. Southeast Shoe Distributor, Inc.
Performance of tests of transactions for the expenditure cycle
31. Southeast Shoe Distributor, Inc.
Performance of tests of transactions for the expenditure cycle
32. EyeMax Corporation
Evaluation of audit differences
33. Auto Parts, Inc.
Considering materiality when evaluating accounting policies and footnote disclosures
34. K&K, Inc.
Leveraging audit insights to provide value-added services
35. Surfer Dude Duds, Inc.
Considering the going-concern assumption
36. Murchison Technologies, Inc.
Evaluating attorney's response and identifying proper audit report