Why is independence often considered the cornerstone of the auditing profession? Why were independence issues a primary concern of Congress when they developed the Sarbanes-Oxley Act? Due professional care is to be exercised in the performance of the audit and the preparation of the report.
What is their primary business, who were the officers or key players described in the case study? Describe the performance of this company in the industry.
Make sure to use APA citations throughout the paper. The textbook should be cited if it is the source of information. Summarize your key points in a figure. What strategy from the readings was undertaken by this company?
Can all companies use this strategy? How is the strategy affected by the life cycle in the industry? Be sure to think strategically and show the results clearly. Use the strategy as Busn 412 sub-header for each section so it is clear what is being applied. Be specific and list the steps the company should take for successful implementation of your course of action.
Describe what you believe are the lessons learned from this case. The references should be listed in accordance with the APA guidelines as shown in the tutorial. Use Times New Roman, 12 point.
If you are not familiar with APA citation, refer to tutorial, which is contained in the last section of our course Syllabus. Your last name, initials of your first and middle name, and the company discussed in the case study.
If your name is Edward R Jones and you are writing a case study on Google, then the file name for your paper would bejonesergoogle. Note that the report is worth points and points are allocated for each section as noted in the outline.
In the News… This project is intended to provide current material for class discussion and review. This material must relate to your Course Project subject. To receive full credit for this requirement, submit the In the News during Week 5. The project may draw on items from the online environment—newspapers, magazines, and websites—to provide current i.
Relevance and probable interest to the class are especially welcome. These items should be accompanied by a one- to two-page report using bullet points.
Be sure to use specific course concepts from the readings in Chapters 5, 6, 8, 9, or Be sure you include the news article or a summary, as well as the one- to two-page report using bullet points that fully addresses the following points in this order.
Submit your assignment to the Dropbox, located at the top of this page. For instructions on how to use the Dropbox, read these step-by-step instructions or watch this Tutorial Dropbox Tutorial.
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What is the definition of the standard of “due professional care”, and how might a court decide whether an audit firm met the standard?
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