Skip to main content

A Case study in discussing the legal and ethical responsibilities of the Auditor

A Case study in discussing the legal and ethical responsibilities of the Auditor
a. Explain the organization’s and the auditor’s responsibilities for anaudit
b. Discuss reasons for performing different types ofaudits
c. Understand the importance of planning an audit and distinguish the stepsinvolved
d. Explain and apply the auditing standards, practice and process of auditing to practicalsituations
e. Identify and evaluate the risks inherent in an audit, and report on current auditing issues
Assessment Task Description
This assignment is comprised is a single academic paper discussing a case, and is marked out of 40marks.
The marking rubric below sets out the requirements:
Principally you will be marked on four components:
(1) Were any errors or mistakes made during the audit under consideration
(2) Legal issues both from a statue perspective (corporate law) and other legal issues.
(3) Ethical issues
(4) Format, Presentation Quality and Demonstration of Research (10 marks for each component)
As mentioned above, Part 1 should be presented in a academic paper format.
A key aspect in your choice of format/layout should be to ensure you impart your key messages effectively (i.e., complete the requirements) and efficiently (i.e., it should be succinct and take into account the word limit).
Make sure all pages are numbered, and the text fits within the margins of your pages. make sure to include the relevant heading.
Required:
Discuss what errors if any were made in the audit of the Centro Properties group in 2007, and the subsequent legal actions against the auditor by both ASIC and other parties. Explain in your own words what influence the events surrounding this case are having on auditors.
Couch your discussion to cover the four points indicated above.

Comments

Post a Comment

Popular posts from this blog

Scenario: You have been promoted to senior level manager of a company with low employee morale and decreased productivity

Scenario: You have been promoted to senior level manager of a company with low employee morale and decreased productivity. You have been tasked with developing a strategic plan for the workforce to present to the CEO and other members of the leadership team.  Chosen Organization :Kaiser Permanente Hospital Create a 10- to 12-slide PowerPoint® presentation including the following:  Explain rationale for plan Discuss SWOT of organization Summarize one year plan of action Flowchart of one year plan Give an overview of Budget for plan Evaluate the potential benefit of the plan Write conclusion Proper citation of animation or graphics is required if any is used Click Here For More Details on How to Work on this Paper...... Need a Professional Writer to Work on this Paper?  Click Here and Get this Essay Done ………
Post a Comment
Read more

health care problem

Create a 10- to 15-slide presentation with detailed speaker notes. The Final presentation must summarize the health care problem you selected. Describe your proposed research design for your problem statement including the following: Importance/Relevance of Problem Summary of Literature Review Research Question Methodology and Procedures for Collecting Data Plans for Data Analyses, including specific statistics to answer the research question Potential Impact of Answering the Question Imagine you are presenting your research proposal to your organization's administration in order to obtain support from them to use their time and resources to perform the proposed study. That means you need to give them specifics about why and how you want to do this study. You want to show that you have done your homework, and know what you are talking about and exactly what you are planning, as a health care professional who is familiar with the processes involved in doing research. Click Here For
Post a Comment
Read more

"Social Systems, Higher Education, and Corporate Learning"

"Social Systems, Higher Education, and Corporate Learning"  Please respond to the following: From the second e-activity, discuss at least two ways constructivism, as a learning theory, supports and is supported by the e-Learning process. Provide the Website(s) and any article you referenced in your discussion, using the appropriate APA style.    Propose at least one way professionals in your current or future organization could apply the 4-Plex Model of Networked Learning, described in Chapter 13 of the Rudestam textbook. Provide a rationale for the application of the model. Click Here For More Details on How to Work on this Paper...... Need a Professional Writer to Work on this Paper?  Click Here and Get this Essay Done ………
Post a Comment
Read more