Leslie Fay case

Background Linda Carter is an African American female that is twenty-two years of age, born and raised in the state of Virginia. Ms. Carter comes from a family that is of low socioeconomic status and due to this position Ms. Carter was raised in a low-income neighborhood. Ms. Carter’s childhood home was plagued with many social issues that affected her upbringing. Ms. Carter’s family history includes a significant amount of mental illness and substance abuse, due to the experienced trauma in her early childhood Ms. Carter’s disposition and ability to function as a normal Twenty-two-year-old is unbalanced. At the age of nine, Ms. Carter was a victim of sexual molestation, and physically abused by her caregivers.

Prepare common-sized financial statements for Leslie Fay for the period 1987–1991. For that same period, compute for Leslie Fay the ratios shown in Exhibit 2. Given these data, which financial statement items do you believe should have been of particular interest to BDO Seidman during that firm’s 1991 audit of Leslie Fay? Explain.

Chung has been operating under what he feels are the established norms for his culture. Ted's relationship with the Taiwanese client exhibits the Chinese management principles of paternalism, particularism, and insecurity. The patron-client relationship is based in a sense of mutual obligation, where the client is expected to defer to Ted's expertise and Ted is expected to trade the account responsibly. (Moorhouse, 2005) Ted also used social networking to establish himself in the community which is expected in the Chinese culture. By attending events Ted increases his “visibility and prestige” which contributes to the face that is needed to be considered a trustworthy business partner

The case of Karen Leary illustrates the implications cultural conflict can have on business organizations and office culture. A common mistake managers make is undermining the power of cultural constraints at the organizational level. After six years as a financial consultant at Merrill Lynch, Karen Leary was promoted to general manager at the Elmville branch in Chicago. Leary wanted to achieve success at the branch office by building high-producing, successful group of professionals who work together to provide clients with complete service in meeting long-term financial goals.

On Thursday, 08/11/2016, at approximately 1638 hours, I, Deputy Stacy Stark #1815 was dispatched to speak to Sheila Haggard about a report involving financial exploitation of an elderly couple. Haggard was a case manager with Shawnee Alliance. I spoke to Haggard via telephone. Haggard explained she spoke to an assistant Jackson County States Attorney, Rebecca Blomer and was advised to call the police department to file a report.

#2. Internal Control Risks; audit planning decisions. Some internal control risks common among large, high-volume retail stores include dealing with inherent limitations and potential fraud. Even if a well-designed internal control system is in place, the employees using it are ultimately the deciding factors in its effectiveness. For example, management may instruct an employee or easily-influenced executive (of another company) to alter information or confirmations or multiple employees may conspire to steal assets or misstate records (collusion; misappropriation of assets).

This appeal involves a dispute regarding the interpretation of overtime pay provisions outlined in the Howard County General Pay Plan (“HCGPP”). Appellant, Lynda Neser (“Neser”) contends that she was deprived of compensation to which she was entitled under certain provisions of the HCGPP. Neser filed a grievance with the Howard County Personnel Office. A personnel officer denied Neser’s grievance. Neser then appealed the personnel officer’s decision to the appellees, the Howard County Personnel Board (“the Board”). The Board adopted the findings of the personnel officer and affirmed the denial of Neser’s grievance. Neser then filed a petition for judicial review in the Circuit Court for Howard County. The circuit court affirmed the

R/s Ms. Brenda Gasque is in a wheel chair, she is paralyzed from the waist down due to her having meningitis years ago. R/s Ms. Gasque suffers from high blood pressure, COPD, Congestive heart failure, and stage 2 pressure ulcer. R/s Ms. Gasque’s COPD is very severe she has to use a nebulizer. R/s Ms. Gasque wears a diaper and she has a suprapubic catheter. R/s Ms. Gasque needs assistance going to the bathroom and bathing. R/s Ms. Gasque can feed herself and she can use her hands. R/s it was reported that Ms. Gasque is being abused physically and verbally by her children. R/s Ms. Gasque is never happy because she lives at several different places with her children.

1976 Michelle Mitchell was found murdered around the vicinity of the University of Nevada, Reno. Cathy Woods a schizophrenic had told a counselor at the psychiatric facility she was staying at that she remembered information about the stabbing of a woman in Reno. After telling the counselor this Cathy Woods was taken in for interrogation. During the interrogation Cathy Woods gave investigators details about the case that was public knowledge. Investigators were able to get a confession from her and she was sentenced to life in prison without parole. However, this was a false confession because Cathy Woods was mentally and intellectually impaired and to end the lengthy interrogation she confessed to the murder. Cathy Woods would spend the next

I received from Loretta Henderson, Ms. Rachal Ball’s sister. Ms. Rachal Ball, has an open case under case#38676; which seems to be in closing with Christy and in transition to you Anna for an ongoing case. Ms. Henderson contacted the GAO with concerns regarding this Child Welfare case and more specifically, the placement of her niece Aunika.

My client William Harvey is being thrown in jail because he discovered that we are mostly made out of blood, not air. He found his discovery by cutting ari venes of animals and finding out that blood spilled out of the air vinens not air. He also proved that the heart pumps blood not creates ari by showing us that the only way the book could move is if the heart was pumping it no He proved this so he is not being a heretic.

Fran lee (F) the leader of AFA suffer serious head injuries and had been taken to the hospital and is in a coma. At the time of the insure she was restrained by a police group. Policeman (P) that was in the police group states that she was hit by a rock and it also hit him in the helmet. The rock was thrown from a group of R33 demonstrators. Police group states he was one of the police that is trying to protector her from getting attacked by some R33 members who got very close to her. A well know lawyer (A) with Fran claims that Fran was injury by the policeman. Lawyer (A) said the police was using their batons with unreasonable force against her and other AFA members. TV news (N) camera was damage but said that they had filmed several police using their batons

B) According to SOX external auditors are prohibited from providing certain services to clients: book keeping or other things related to the accounting records or financial statements of the audit client, they are not allowed to design and implement financial information, appraisal or evaluation services, internal audit outsourcing services, investment banking services, legal services and expert services unrelated to the audit.

Read and summarize the article, "Client Engagement Risks and the Auditor Search Period," by Khalil, Cohen, and Schwartz in Accounting Horizons, Volume 25, Number 4 (2011), pp. 685 - 702.

These changes were outlined in the Sarbanes Oxley Act of 2002 (SOX). SOX completely revolutionized financial reporting, requiring senior management of firms to sign off on each financial statement that the company issues. It also stipulated that wrongful doing can result in not only termination but also imprisonment. SOX amplified the requirement for companies, requiring firms to maintain proper levels of internal controls when it comes to operating activities. SOX also established the creation of the Public Company Accounting Oversight Board (PCAOB) which implemented stricter auditing standards for public accounting firms. Not only were accounting firms required to consider internal controls, but they were also required report any significant deficiency directly to the board of directors. SOX stressed the importance of internal controls, and within internal controls it established the need for segregation of duties. Since this time, there have been many additions to accounting policies regards segregations of duties, and many functions of the business process dedicated to it.