The paper discusses the options of responses to being asked to modify client work papers by the engagement partner. It goes on to also discuss if auditors have a responsibility to assess the quality of the key strategic decisions made by client executives. Keywords: Deloitte Touche Ross, Securities and Exchange Commission, audit work papers, Generally Accepted Auditing Standards, Generally Accepted Accounting Practices. Audit work paper manipulation by Richard Fiedelman of Deloitte Touche Ross in the audit of North Face Inc. When the newly appointed audit partner at DTR, Will Borden, upon reviewing the audit of North Face Inc.’s 1997 financial statements, questioned why the adjustment shown and required by the work papers had not been adjusted in the financial statements, Fiedelman realized his error.
FDR Analysis Within Franklin Delano Roosevelt’s address at the Democratic State Convention in Syracuse, NY on September 29, 1936, the issues concerning the American way of life caused by the Great Depression were expertly addressed by FDR with his re-election in mind. Based on his audience, he tailored his speech toward the Democratic Party by glorifying the laws and actions that have lead to success by them, and assaulting the Republican tactics that have left the country in such a Depression. This purposeful speech with its well placed use of pathos and ethos to cause agreement among the Party and a well written analogy bashing upon the Republican standard enabled Roosevelt to win over the praise of those present. As a Democratic himself, he enticed the other Democratic into believing what he has done as a president was their work too. With the use of “we” and “us”, he enabled those present to believe that his cause was their cause, that they were one “force”, united together in this 1936 campaign.
His endeavor is to making the companies a place were people like to work and with whom customers like to deal with. Problems What changes are brought by Charlie Eitel and how his leadership has affected the company during the first six months as CEO? Heading into 2002 what should be the management team's top priorities? Should Simmons roll out the GGOL program? If so, how, and how would you justify the $7.2 million investment to Fenway Partners?
Topic: Problems with the Usage of Non-OEM Replacement Parts in Collision Repair. Team Members(s): Steven Church, Ivan Salas-Orono, Nicholas Sergon, Dmitriy Gulik Name Steven Church Ivan Salas-Orono Nicholas Sergon Dmitriy Gulik Class Sophomore Sophomore Sophomore Sophomore Major Finance Accounting Accounting Accounting Faculty Advisor(s): Audience’s Business Identity: Board of Directors, GEICO Executive Summary In response to changing industry practices, ethical concerns, financial questions, and billion dollar lawsuits, GEICO has contracted Macklin Consulting Inc. to analyze and make recommendations for improvements to its current policy regarding the use of Non-OEM (aftermarket) parts. After careful research and analysis of the data, we have found that GEICO’s concern regarding its Non-OEM policy is warranted. In addition to breaching GEICO’s operating principles, the current Non-OEM policy is lowering GEICO’s customer retention rate, exposing the company to potential legal and financial liability, and damaging its reputation. GEICO has committed itself to, “Operating with uncompromising integrity.” Due to the questions regarding the quality of Non-OEM parts and the fact that policyholders are generally unaware of the current “non-disclosure” policy, GEICO is not living up to its self-prescribed operating principles.
Premium Tiles 11180 Bridgeport Road Tel: (604) 270-4993 Richmond, BC V6X 1T2 July 18, 2012 Mr. Brian Creighton 9260 Bridgeport Road Richmond, BC V6X 1S1 Dear Mr. Creighton: Thank you for your feedback regarding our product quality and customer service. I apologize for the damaged tile, and understand the inconvenience for your business. The new tile has been shipped and will arrive within twelve to fourteen business days. We will reimburse the return shipping cost. Please include a copy of the shipping receipt when ship the damaged titles back to us.
Victoria Chemicals plc (A): The Merseyside Project March 12, 2012. FIN 560 A: Advanced Financial Management Jamila Bratton-Nwamkpa Catherine Nababinge Fatima Sammari Introduction: Victoria chemicals plc, is evaluating the Merseyside project that the plant manager Morris wants to propose to senior management. Morris Greystock, the controller of the Merseyside plant had noticed a decline in stock price from 250 pence per share in 2006 to 180 pense per share in 2007 and he knew that something had to be done. The project is mainly about renovating and rationalizing the production line in order to make up for deferred maintenance and to exploit opportunities that can make productivity more efficient. This case study will look at Victoria Chemicals operating environment as well as indentify major problems associated with the proposed project, recommend alternatives, and do a financial analysis for the alternatives.
Hilary Phillips 30 June 2010 Corporal Punishment: A Response to Bring Back Flogging In the essay “Bring Back Flogging,” the Author Jeff Jacoby, argues that some forms of corporal punishment should be readopted into today’s society. He was largely assumptive throughout his writing; writing from an almost empirical perspective. I found Jacoby using the readers’ emotions to his benefit. In an attempt to persuade the reader, Jacoby made claims of inmates learning to become “professional” criminals while in prison and the amount of tax dollars spent per inmate each year. After reviewing Jacoby’s paper, I find myself thinking .
Along with each step being identified, the characters claims, reasoning and conclusion will be evaluated against the book, Asking the Right Question. What are the issue and conclusions? An Examination into Critical Thinking Mr. Anil Ravaswami , who is the Vice-President (VP) of Human Resources (HR) at Cliffside Holding Company of Massapequa (CHCM), is drafting a confidential proposal to his CEO, Ms Cynthia Castle, in regards to a request, spawned from Ms. Forsythe, to have funding for a leadership development program for all junior insurance executives. His memo crops up interesting declarations and inclusions about his views toward
The argument is that some not all teleworkers do see a boost in productivity, employee retention and work life balance. Mr. O’Leary an assistant processor at the prestigious Georgetown University, Directly sites Yahoo’s recall of employees back to the office as an example of a mistake. The author uses research from Stanford University, The US census and the Harvard school of business to further strengthened his position on the subject. 2. Tolentino, M. (Oct 14, 2013).
Red flags or signs, signals and significant circumstances of financial pyramids are described in the article “Recognizing and Responding to red Flags: The Stanford Ponzi scheme” by Antonie Warwick-Young Walsh and Albert D. Spalding, Jr from Wayne State University. The aim of this case study is to bring the attention of investors, managers, auditors and students of business departments how to recognize such red flags and how to respond to them. Specific skills and tactics that include financial auditing and forensic investigations are recommended by authors. Allen Stanford, the founder, owner and manager of the Stanford Financial Group, was arrested in June of 2009 and was sentenced 110 years in 2011 for investment fraud that involved $7-8 billion, the second largest one after Madoff with approximately $65 billion of fraud. The authors of this case study raise a question how it is possible to fool so many people and for such a long period of time, about 15 years, and nobody noticed that something was wrong, but even if noticed, why remained silent, “didn’t blow the whistle”.