Phillips Petroleum: Advanced Auditing Case Study

Describe how you would conduct the audit process, incorporating the analytical procedures you would use to investigate selected business transactions?

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The Broward Sheriff’s Office: Department of Professional Standards, Division of Internal Affairs found that Kelli McDonald violated departmental operating procedure and engaged in misconduct thereby causing cocaine evidence to go missing. This memorandum is asking the Court to

Seidman addresses an IRS summons issued to an accounting firm for documents related to work the firm performed for a corporation under IRS investigation. Among the documents the IRS requested was a log containing the identities of investors in potentially abusive tax shelters. The investors petitioned to intervene and assert that revealing their identities was a violation of the tax advice privilege. The Seventh Circuit affirmed the district court’s denial of the investors’ claim, holding that the investors failed to show that confidential communications would be revealed if their identities were disclosed to the IRS. Because federal regulations require that accounting firms maintain

Although the parties dispute the timing of the request, it is undisputed that Plaintiff requested documentation of all income derived from Defendant’s provision of medical services, regardless of location, for purposes of the audit under the Recruitment Agreement. Based upon the contention that he was not obligated to report his Beckley income as part of his “Cash Collections” under the Recruitment Agreement, Defendant refused to provide any documents related to his Beckley cash collections as part of this audit process. Defendant did provide financial information to the auditor, including bank statements and records, related to Beckley Vascular and Vein Institute, PLLC, which included information related to the income derived from Defendant’s provision of medical services in

All indications are that the Company’s behavior pre oil spill was irresponsible and negligent and was potentially driven primarily by a focus to provide strong returns on their investments while compromising the integrity and internal controls of the operations. Post oil spill, the Company has had to learn from the consequences of a very costly disaster in order to stay in business and thrive. The Organization appears to understand now the need for effective communication, transparency and detailed due-diligence in all their efforts.

I am writing to memorialize objections to the Presentence Investigation Report draft in the above-mentioned matter. In general, I object to the Offense Conduct, Role in the Offense, Offense Level Computation, and Offense Behavior Not Part of Relevant Conduct sections as Mr. Tulin plead not guilty and maintain his innocence. Furthermore, the statements of witnesses and characterization of the alleged facts are inconsistent with the evidence adduced at trial and/or lack support of such evidence in the discovery. Specifically, I object to the following and request the information be removed or modified:

Terry Gow, who was a treasurer of Glen Aubrey Fire Company, allegedly embezzled more than 50,000 US dollars from the company

Dave is responsible for auditing separations and processing overpayments for 26 agencies including Human Services, State Police, and Military and Veterans Affairs. He consistently meets established deadlines while producing quality results and providing exceptional customer service to his agencies.

Accountants and auditors are often faced with having to make decisions that bring ethics into question. The American Institute of Certified Public Accountants (AICPA) sets the standards for professional conduct that dictates what accountants are allowed to do and what they are not allowed to do. However, issues do arise that have not been addressed by the AICPA and when this occurs it is up to management to use their best judgment to make a determination about the ethical implications of their actions (Allen, 2011).

In addition, part 1 establish the conceptual framework and provide guidelines for resolving ethical conflicts. The 2nd Code Part work for the members in public accounting and also the members in business. However, the independence rule doesn’t apply to the member of business as the employee cannot be independent of its employer. 8. If a CPA were required by a subpoena or court order to produce confidential client documents, would compliance with the legal demand constitute a violation of the code of conduct?

I am writing to request that you investigate the agency’s presentation of perjured testimony and its failure to refer the perjury for prosecution.

This report analyses Virgin Australia (ASX code VAH) and identifies its potential business and audit risks that will need to be addressed in the 2014 audit. It is presented to the Virgin Australia Audit Committee as part of the 2014 Audit planning process.

Investigation and discipline of registered public accounting firms for violations of relevant laws or professional standards.

ASIC took action against KPMG and its auditors. ASIC also took civil action against KPMG for compensation of losses and recovered $67.45 million from KPMG.