1. Car Studio Self se stadied is claus Please read each mal die diere in the problem A. During the sale of a police Wherity and their use of item quis die eening department prenelle the che perche Acces Page Department employees halloween instructed to the purchasing pe senidee of foreigt offechandise and As dins would you accept the manyment as andere generatie met controllant, please describe mutable som ung the homes for contes 2019, San Wine was appointed CEO and Chairman of the Bunder bedenlip the fint undertek a risky met tegy, including huge besighede As the cred in the risk facial trucco cierta officer (CRO)made series e presentations to the Band eines der the makes Telated to the mettent strategy Water and the board of Directors acadet tar tie potential Tiks presented by the CRO were implausible Shortly heather, the CRO was replaced another CROdatuppeared to be concemed about the make subedients ve In June 2000 financed Butela de aplicate including the of hundreds of millions of our limited SabergetABC Clean filed for being Please identify the weaknesses in temaltecand describe how these decibould have been wide During the XYZ Carp the drived baking that wholly-owned wiary held the equivalent of 5 bilioni Cluse ha continew York City Het the hanno dal Given that the wind the chance.com coutientations, encarlaati Her camid this mistadelve been well med D. Sally Smith was the Treasurer of University Hospital Societat i fad over a les year period. The red was complished pened by She theme of the Hopit Pere. See on Invices for the Hopital Power A, writing de pile Hopel's bank rendbe the Trustees the des into the went to let penal per Ambank reconciations for the added was provided and correspondence from the University Heal's account incontrando de Unity Halmente E. In conducting the audit of HIJ Company, the auditors want to provide for any potential loss contingencies. During their examination the following events occurred: 1. After sending a letter to the company's attorneys, and following up with several calls, no one from the law firm responded to their request. 2. A dispute with the IRS two years ago was never resolved. 3. The auditor's have an inclination that the owner of HIJ was having his personal notes endorsed (or guaranteed) by the company. 4. During a cash-flow crunch at the beginning of the year, HIJ sold roughly $250,000 in notes receivable with recourse. Please briefly discuss each of the above items, and how the auditor's ought to respond to each. F. The auditors of JKL Company are about to conclude their audit. Before they completely finish, they observe a pre-publication copy of the company's annual report to shareholders in the CFO's office. In the annual report the auditors read that the company is seeking to expand its operation by acquiring a small firm. Should the auditors react to this information? What ought they do? 1. Car Studio Self se stadied is claus Please read each mal die diere in the problem A. During the sale of a police Wherity and their use of item quis die eening department prenelle the che perche Acces Page Department employees halloween instructed to the purchasing pe senidee of foreigt offechandise and As dins would you accept the manyment as andere generatie met controllant, please describe mutable som ung the homes for contes 2019, San Wine was appointed CEO and Chairman of the Bunder bedenlip the fint undertek a risky met tegy, including huge besighede As the cred in the risk facial trucco cierta officer (CRO)made series e presentations to the Band eines der the makes Telated to the mettent strategy Water and the board of Directors acadet tar tie potential Tiks presented by the CRO were implausible Shortly heather, the CRO was replaced another CROdatuppeared to be concemed about the make subedients ve In June 2000 financed Butela de aplicate including the of hundreds of millions of our limited SabergetABC Clean filed for being Please identify the weaknesses in temaltecand describe how these decibould have been wide During the XYZ Carp the drived baking that wholly-owned wiary held the equivalent of 5 bilioni Cluse ha continew York City Het the hanno dal Given that the wind the chance.com coutientations, encarlaati Her camid this mistadelve been well med D. Sally Smith was the Treasurer of University Hospital Societat i fad over a les year period. The red was complished pened by She theme of the Hopit Pere. See on Invices for the Hopital Power A, writing de pile Hopel's bank rendbe the Trustees the des into the went to let penal per Ambank reconciations for the added was provided and correspondence from the University Heal's account incontrando de Unity Halmente E. In conducting the audit of HIJ Company, the auditors want to provide for any potential loss contingencies. During their examination the following events occurred: 1. After sending a letter to the company's attorneys, and following up with several calls, no one from the law firm responded to their request. 2. A dispute with the IRS two years ago was never resolved. 3. The auditor's have an inclination that the owner of HIJ was having his personal notes endorsed (or guaranteed) by the company. 4. During a cash-flow crunch at the beginning of the year, HIJ sold roughly $250,000 in notes receivable with recourse. Please briefly discuss each of the above items, and how the auditor's ought to respond to each. F. The auditors of JKL Company are about to conclude their audit. Before they completely finish, they observe a pre-publication copy of the company's annual report to shareholders in the CFO's office. In the annual report the auditors read that the company is seeking to expand its operation by acquiring a small firm. Should the auditors react to this information? What ought they do
