5. The confidentiality agreement did limit the scope of the audit performed on ZZZZ Best. It is the job of the auditor to obtain sufficient and appropriate evidence. When Ernst & Whinney were not allowed to follow-up with anyone involved in the restoration process that limited their ability to gather evidence. The company should have been able to follow up with all venders and customers to attest to the validity of the financial statements and they were not able to do this and not able to gather the “appropriate and sufficient evidence” needed.
For B, accounting standard is not correct. For C, it is impossible to ignore public comments. For D, it is not independent of SEC, yet keep close relations with other department. 2-22: C. ASB does not belong to public audit company because it does not belong to government. However, PCAOB is established by the government and all of content of law is regulated by the government in order to standardize the
Bureaucratic systems are orderly and made up of governing action, laws, and orders that hold back individuals such as the patron – client systems from making judgments’ without official consent. According to WeeKoh (2009) this is what is known as the red tape rule where formal documentations processed by administration before any significance can be made p. one The patron – client system associates are allowed to get external means, connections, and manage tasks without acceptance but the tasks has to be helpful to the system. Moreover, individuals associated in the bureaucratic system fault
If this is an acceptable form of payment, how might you ensure that it is ethically sound and that no power differential exists between you and the client? According to licensing boards, Consumer protection agencies, risk management experts, and ethics committees, fair exchange bartering (all bartering for that matter) is largely frowned upon, as there is the potential to create power disparity (power differential) between the councilor and client (Zur, 2011). Moreover, there is a heightened potential for disclosure concerns, boundary
For Pharma to survive and become viable it was obvious that some decisions had to be made, but was the sale of the assets in the best interest of the corporation, or was it in the best interest of Adams and Barker? One can only conclude that the directors violated all their duties of financial interests, care and rational belief and were not acting with best information and, thus, cannot be shielded by the business judgment rule. 7. What type of lawsuit, derivative or direct, would be filed by Cornelius
The workers were not visiting the clients on a weekly basis as mandated by DCFS and paperwork was consistently late. There was chronic absenteeism, a high level of turnover, low morale, and low job satisfaction among the employees. All of the above issues adversely affect the level of care and services being provided to the client. How can Hull House Association communicate change in an effort to increase employee satisfaction and organizational productivity? Hull House’s leadership was not supportive of staff at that time.
The company offers an abstract of the records, but the government insists on the complete files, with employee names. Then the company tries to obtain releases from all the workers, but some of them refuse. If you give the records to the feds, the company has broken its commitment of confidentiality. What would you do? (McAdams 75) McAdams, Tony.
I believe the key issue with Marsh’s performance is the constant changes in district managers for Marsh to report to. As a district manager, it is your responsibility to know what works and what doesn’t work for each salesman. The constant changes never give any manager a change to really get to know their salesmen. Every salesperson may not be motivated by the same things. What works for one salesman may not work for another.
Finances can be a major worry especially if your budget is tight and so is your money. The economy seems to trying to improve but every day you see someone losing their job or a company closing so know u are worried about your job security, which also causes more stress. In the end result your
A challenge an engineer normally faced in his or her routine include instructed by their employee to prepare a bankable report but with no access to ascertain the reliability of the information provided. It is possible that the information’s provided is the only info that the Employer had obtained also. In light of the IEM Regulation on Professional Conduct, it is necessary for me to inform my employer in writing of any conflict between my personal interest and faithful services to my employer. The impacts could either causing positive or negative effects to other peoples or even the community. Recently, the Government had implemented Consultancy Service Tendering where the consultants would be required to prepare the Technical and Financial Report.