Answer: Introduction The Enron scandal is one of the leading corporate collapse of the modern era. Enron’s auditor is held responsible for the manipulation that they have done in the accounting policies of the company. From the analysis of the research paper of the Ruhnke and Schmidt it is explained the losses happened to the stakeholders due to the unethical behaviour of the audit firm of Enron. The issues surrounding the Enron and th...Read More >>
Answers: Introduction In this report, audit and assurance services provided by the auditors to a business have been analysed. This report is prepared on the Coca-Cola Amatil Company. The company applies AASB 112and AASB 136 in its financial reporting practices as well. AASB 112 implies that the company should account for the future and current tax consequences of its transactions while AASB 136 applies to the impairment of assets. Identify t...Read More >>
Questions: 1. You are conducting the 30/06/15 audit of Ivory Ltd which manufactures small- to medium- sized home appliances. This is the second year you are conducting the audit. You have had documented your assessment of inherent risk and control risk for this audit based on your understanding of the company. Below are some extracted notes from your working papers: Over the past several years, the market for domestic storage solutio...Read More >>
Question: The assignment also aims to evaluate students’ ability to apply the knowledge and skills learnt in the unit in analysing a real company from the auditor’s perspective. Further, this assignment seeks to improve students’ teamwork abilities. The framework of the Australian Auditing Standards (AUASB) and the corresponding International Standards on Auditing (ISA) should guide the analysis. In analysing DSH, it is im...Read More >>
In-text: ((Aschauer and Quick 2018))
Your Bibliography: Aschauer, E. and Quick, R., 2018. Mandatory audit firm rotation and prohibition of audit firm?provided tax services: Evidence from investment consultants’ perceptions. International Journal of Auditing, 22(2), pp.131-149.
In-text: ((Bhasin 2016))
Your Bibliography: Bhasin, M.L., 2016. Creative Accounting Practices at Satyam Computers Limited: A Case Study of India’s Enron. International Journal of Business and Social Research, 6(6), pp.24-48
In-text: ((Ojo 2015))
Your Bibliography: Ojo, M. (2015). Audits, audit quality and signalling mechanisms: concentrated ownership structures. American Research Journal of Humanities and Social Sciences, 1(2).
In-text: ((Schmidt 2016 ))
Your Bibliography: Schmidt, C.R., 2016. STATE LEVEL MECHANISMS FOR LEARNING FROM WHISTLEBLOWING CASES AT INSTITUTIONS OF HIGHER EDUCATION IN THE UNITED STATES. Problems of Management in the 21st Century, 11(1), pp.43-56.
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