Case 1.1 Ocean Manufacturing, Inc.: The New Client Acceptance Decision Ocean Manufacturing, Inc. is recommended as a prospective audit client of Barnes and Fischer, LLP. I believe that Barnes and Fischer should accept the client because of Barnes and Fisher's opportunities in consulting and information technology (IT) development, Ocean Manufacturing, Inc.'s sound management/business model and past successful audits, and primarily, the growth potential of Ocean Manufacturing, Inc. following
and Fischer should or should not accept Ocean Manufacturing, Inc. as an audit client. Carefully justify your position in light of the information in the case. Include consideration of reasons both for and against acceptance and be sure to address both financial and nonfinancial issues to justify your recommendation. MEMORANDUM To: Jane Hunter From: Corrine Subject: Ocean Manufactory Should be Accepted Date: February 3, 2012 Ocean Manufacturing, a medium-sized manufacturer of small home
The beads are continually adding plastic to the oceans causing toxins and problems for the marine environment. Microbeads are not only impacting the oceans, but the groups and people all over the world. Marine pollution is not a new phenomenon, but our acknowledgement of its impacts and severity is relatively new, with the first laws and discussions to counter it only appearing in the 1950’s. For much of history, it was thought that the oceans were so large that any pollution created would be
ACCT 805AE Case 4 Ocean Manufacturing, Inc The Osprey Group Feb 21, 2011 Q1. The client acceptance process can be quite complex. Identify five procedures an auditor should perform in determining whether to accept a client. Which of these five are required by auditing standards? First they should gather and examine all available financial information, such as tax returns, annual reports, the balance sheet, and income statement. This should be done so that the audit firm can do a quick initial
New York, Jerald E. Podair aims to delve into the experiment known as Ocean Hill- Brownsville, that ultimately led to one of the largest teacher strikes in America’s history. Before getting into the case of Ocean Hill-Brownsville, Podair begins by discussing how the New York population became so divided in the first place. After WWII ended in 1945, the industry landscape shifted from on one that mainly relied on manufacturing to one contrived of service occupations. As a result, there was a plummet
Introduction Ocean Carriers Inc. is a shipping company specializing in the operation of capsizes bulk dry carriers. In January 2001, the vice president of finance for Ocean Carriers was evaluating a contract proposal. In the proposed contract, Ocean Carriers would lease one ship to a client for a three year time frame. The customer would begin utilizing the ship in 2003. In 2001, Ocean Carriers did not have a ship that would meet the needs of this customer, and thus was considering purchasing a
is to use your expertise in Operations Management to assist Albatross Anchor. Write a report answering all the questions posed regarding the case study of Albatross Anchor. Demonstrate your understanding of course content by using concepts and principles from your textbook and from academic quality research to solve these challenges. Albatross Anchor Case Study (Note: This is not a real company) Introduction Albatross Anchor is a small family owned business that began in 1976 with four family
In my case I have lived in Colombia and now in the United States. Despite bearing some minor similarities, the differences between this to countries are notable in geography, festivities, economic and food. Colombia is located in South America, is divided into five regions: Andina, Pacifica, Caribe, Amazonica and Orinoquia. It has thirty-two states. Colombia is bordered to the north by Panama, to the east by Venezuela and Brazil, south to Peru and Ecuador, and to the west by the Pacific Ocean. Colombia
markets-local markets" paradox figures into Stan Shih's strategy for China This paradox was evidenced in the year 2002, whereby Stan Shih performed a significant restructuring by spanning all the operations for manufacturing. The reason behind this move was transforming Acer from a top ten global manufacturing PC to a powerhouse of marketing and services. Shih also did a refocus on the marketing and distribution of Acer on the rapidly growing market in China. Acer among other leading corporations in the high-tech
‘Life below water’ set out to conserve & sustainably use the oceans, sea and marine resources for sustainable development. The goal set out to achieve reduced pollution of human land based activities such as oil spills. Also, to protect marine and coastal ecosystems this will strengthen the resilience and making healthy productive oceans. Also, to minimise the impacts of ocean acidification. Effectively regulate harvesting of the oceans, to end overfishing and illegal and unregulated fishing. To restore