| Papers [1-16] of 100 :: [Page 1 of 7] | | Go to page : 1 2 3 4 5 6 7 —> | Search results on "AUDITING ACCOUNTING FRAUD": |
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Auditing for Accounting Fraud, 2004.
A look at how auditors are now held responsible for discovering accounting fraud.
1,800 words (approx. 7.2 pages), 8 sources, MLA, AU$ 102.95
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Abstract
This paper explains that, after it was discovered that several major corporations in the U.S. had committed accounting fraud, it became the responsibility of auditors to discover evidence of accounting fraud in businesses. The paper discusses the impact of Sarbanes Oxley as well as SAS 99 on auditors and on the companies they audit.
From the Paper
"Many decisions in accounting and auditing involve judgment calls. Nevertheless, there are rules that cannot and should not be broken. Over the last several years a number of major publicly traded corporations in the United States have committed accounting fraud and as a result have filed for bankruptcy protection. John Weinberg, in "Economic Quarterly", comments that these bankruptcies have resulted in the loss of hundreds of billions of dollars in stock value, wiping out the life savings of numerous investors and putting tens of thousands of..."
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Xerox Accounting Fraud, 2007.
An analysis of the accounting fraud committed by the Xerox Corporation, and the consequences of this fraud.
1,586 words (approx. 6.3 pages), 7 sources, MLA, AU$ 82.95
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Abstract
This paper discusses the accounting fraud committed by Xerox Corporation, which involved accounting irregularities in connivance with Xerox's auditing firm at that time, KPMG. The paper provides a background of Xerox Corporation and discusses the legal complaint filed against them in 2002. It describes the actions that were taken and the aftermath of the scandal.
From the Paper
"At present, Anne M. Mulcahy is the chairman of the board and chief executive officer of Xerox Corporation. She was appointed as the company's CEO on August 1, 2001, and five months later, was eventually given the chairmanship on January 1, 2002. Before reaching the top helm of the corporation, Mulcahy was Xerox's "president and chief operating officer from May 2000 through July 2001. Prior to that, she was president of Xerox's General Markets Operations, which created and sold products for reseller, dealer and retail channels. She began her Xerox career as a field sales representative in 1976 and assumed increasingly responsible sales and senior management positions. From 1992-1995, Mulcahy was vice president for human resources, responsible for compensation, benefits, human resource strategy, labor relations, management development and employee training. (About Xerox, 2007)" In the more than 30 years Mulcahy worked for Xerox, she handled several other positions such as "chief staff officer in 1997, corporate senior vice president in 1998, vice president and staff officer for Customer Operations, covering South America and Central America, Europe, Asia and Africa. (About Xerox, 2007)" She is a graduate of the Marymount College, New York and earned a Bachelor of Arts in English/Journalism."
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Consideration of Fraud in a Financial Statement Audit - Summary of the ASB Exposure Draft, 2002.
This paper summarizes the new ASB exposure draft on consideration of fraud in a financial statement audit.
2,060 words (approx. 8.2 pages), 3 sources, MLA, AU$ 103.95
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Abstract
This paper summarizes the ASB exposure draft on Consideration of Fraud in a Financial Statement Audit. This draft, which supercedes SAS 82, introduces new concepts and requirements to assist the auditor in detecting fraud. It discusses the definition of fraud, identifying risk of fraud, and general assessment of fraud risk. The summary outlines the appropriate response to each fraud risk identified through the analytical process, including evaluation of implications.
From the Paper
"As the need for new standards and ways to look for this fraud got stronger, the AICPA auditing standards board (ASB) responded by issuing an exposure draft on Consideration of Fraud in a Financial Statement Audit. This exposure draft would supersede SAS 82, which is the current standard for detecting fraud in an audit. The exposure draft was not meant to change any of the auditor's responsibilities in a financial statement audit but rather introduces new concepts and requirements to assist the auditor in detecting fraud. Some of the major areas that the exposure draft discusses are the description and characteristics of fraud, discussion of fraud and professional skepticism, a wider range of inquiries, identifying and assessing risks that can result in fraud, evaluating programs and controls and responding to the results of the assessment. "
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Public Accounting, 1989.
Public interest, attitudes and accountability in Public Accounting. An examination of regulatory and ethical issues, educational requirements and auditing.
1,125 words (approx. 4.5 pages), 8 sources, AU$ 63.95
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From the Paper
Introduction
"The purpose of this research is to summarize contemporary issues concerning the regulation of professional accounting practice in the United States. The very fact that the general public has demonstrated an interest in the practice of professional accounting speaks volumes with respect to the troubles besetting the profession. Under ordinary circumstances, it would surprise most people both within and external to the profession that the public had any interest at all in public accounting. It is, after all, one discipline, which in the public mind, can compete with economics for the title of the most arcane, and is probably perceived as dull. In spite of such public perceptions, however, there is a public interest in the professional practice of accounting in the 1980s."
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Non-Profits and Auditing, 2006.
Briefly looks at the differences between auditing for a non profit organization and auditing for a business and then focusses on the auditing process for a non profit organization.
2,025 words (approx. 8.1 pages), 4 sources, AU$ 128.95
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Abstract
The accounting function is central to the conduct of business for profit-making organizations and non-profit organizations alike, though clearly with a different focus for each. In both cases, the purpose of accounting is to compare the money coming in and the money going out and to do so following clear accounting rules set down by the profession and by legislators. This paper discusses auditing and the non profit organization.
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Aggressive Accounting, 2004.
This paper considers the bias introduced by aggressive accounting.
1,356 words (approx. 5.4 pages), 7 sources, APA, AU$ 76.95
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Abstract
This paper discusses the role of accounting and auditing in an organization, including aggressive accounting techniques. The author describes bias auditing. The paper relates the problems at Enron with aggressive accounting.
From the Paper
"Accounting is sometimes called the language of business. Accounting provides managers with the tools they need to plan effective and focus attention on deviations from that plan direct day-to-day operations and arrive at the best solution to the operating problems faced by the organization. However, as the language of business accounting is also used by those outside the organization to make decisions that directly affect the company. This research considers two areas that can affect the reliability of accounting data-aggressive accounting ..."
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Forensic Accounting, 2005.
A look at how forensic accountants assess possible managerial fraud.
675 words (approx. 2.7 pages), 6 sources, MLA, AU$ 37.95
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Abstract
This paper addresses what forensic accountants look for in ferreting out who is committing managerial fraud and how. It discusses how auditing relies on tests of controls, risk analysis and sampling to make an honest assessment.
From the Paper
"As much as CPA's hate to admit it, auditing is an art not a science. It simply is not cost effective to verify every assertion in a set of financial statements with certainty. Instead, auditing relies on tests of controls, risk analysis and sampling to give the reasonable assurance that a set of financial statements are fairly presented in accordance with the applicable accounting standards. When that reasonable assurance is found to be misplaced, forensic accountants are called in. The definition of forensic accounting according..."
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| Essay # 91267 |
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Continuous Auditing, 2004.
This paper discusses continuous auditing, which is defined as real-time reports issued simultaneously or a short time after the events, using electronic gathering of data and events, the only means to provide a proper audit process.
800 words (approx. 3.2 pages), 4 sources, APA, AU$ 45.95
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Abstract
This paper explains that the traditional financial reports and the traditional audit style sometimes prove not enough because they lack the essential thing in today?s business environment, updated information; therefore, continuous auditing seems to be getting more and more followers. The author points out that some of the drivers of continuous auditing are a better monitoring of financial issues within a company, ensuring that real-time transactions also benefit from real-time monitoring, prevention of financial fiascoes and audit scandals such as Enron or Andersen, and use of software to determine that financial controls are properly done. This paper stresses that continuous auditing involves a large amount of work because the company practicing continuous auditing will not provide one report at the end of a quarter, but will provide financial reports on a day-to-day basis.
From the Paper
"The Sarbanes- Oxley Act was passed on the 30th of July 2002 with the declared goal of ?deterring and punishing corporate and accounting fraud and corruption?. As we have seen in the lines here above, continuous accounting aims exactly at providing a more secure platform in order to avoid fraud and a real-time process that is aimed at ensuring high-level financial control. In order to explain the benefits from continuous auditing with regards to Sarbanes-Oxley Act, we can use one of the examples given on one of the articles from www.cfo.com, which uses Crown Media for the case study."
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Ethics in Accounting, 2008.
This paper examines federal and state ethical considerations in the practice of accounting.
833 words (approx. 3.3 pages), 2 sources, APA, AU$ 47.95
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Abstract
The paper discusses Massachusetts' laws that govern the practice of accountants within its borders. The paper explores how the Sarbanes-Oxley Act (SOX) impacts the professional and ethical standards of accountants. The paper then shows how SOX ensures that accounting firms will adhere to strict ethical standards by providing greater scrutiny of accountants' methods and practices when it comes to corporate auditing.
Outline:
Introduction
Massachusetts Provides for Accountant-Client Privilege
Massachusetts' Position on Accounting Work Product
Three Code Violations that May Result in Criminal and/or Civil Accountant Liabilities
How the Sarbanes-Oxley Act Impacts the Professional and Ethical Standards of Accountants
From the Paper
"An accountant's work product is that work which is used to complete the client's case, and is held to be confidential, unless the client allows its release. However, according to 252 CMR 3.03, an accountant must comply with a subpoena or summons enforceable by order of a court to release information obtained in the course of a "professional engagement", even without client consent.
Therefore, an accountant is required to release confidential client information if a court of law so requires. "
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Accounting at Nike and Reebok, 2005.
This paper compares the accounting practices at Nike and Reebok, publicly traded companies within the same industry.
675 words (approx. 2.7 pages), 1 source, APA, AU$ 37.95
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Abstract
This paper presents a general overview of Nike and Reebok and the company's ranking within the industry. The author addresses the accounting components of current stock price and lowest and highest stock price over the most recent 52 weeks. The paper describes the way the accounting firm audited its financial statements and standard industrial classification (SIC) code.
From the Paper
"According to Yahoo Finance, Nike, Inc.'s current stock price as of the last trade was Nike's lowest stock price for the most recent weeks and was Nike's highest stock price for the same week period. Nike's independent accounting firm is Price, Waterhouse, Coopers, LLC. Nike, Inc.'s primary SIC code is Apparel and other Finished Products of Fabric and Similar Material. Nike, Inc. is involved in the design development and worldwide marketing of footwear apparel equipment and accessory products."
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Auditing & Technology, 1988.
Overview of accounting principles & problems for auditor created by advanced technology in manufacturing industries, emphasizing obsolete, ineffective & irrelevant traditional cost accounting procedures.
6,975 words (approx. 27.9 pages), 27 sources, AU$ 217.95
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From the Paper
" The purpose of this research is to explore-the problems created for the auditor, as a consequence of the introduction of advanced technology (high-tech) into the manufacturing industries in the United States (U.S.). The introduction of high-tech into the manufacturing process creates changes which render many traditional cost accounting procedures ineffective, irrelevant, or both. As a consequence, the necessary changes in cost accounting, procedures create problems in auditing the cost accounting process.
The introduction of high-tech into the manufacturing. process has, in most instances, been accompanied by a significant shift in emphasis in manufacturing management. In the recent past, the emphasis in manufacturing management was on materials (...)"
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Auditing, 1996.
Role of internal auditor in financial accounting, governmental auditing, financial vs. operational auditing.
2,025 words (approx. 8.1 pages), 16 sources, AU$ 114.95
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From the Paper
"AUDITING: A SURVEY
Introduction
This research surveys to contemporary status of the field of auditing. Specifically addressed in this survey are (1) the role of the internal auditor in financial accounting, (2) the nature of governmental financial auditing, (3) differences between financial and operational auditing, and (4) the functioning of operational auditing and operational auditors.
Role of the Internal Auditor in Financial Accounting
In financial accounting, internal auditors focus on providing data for the internal use of an organization?s managers, while independent auditors focus on providing data for external uses by investors and creditors. Statement on Auditing Standards (SA.."
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An Evaluation of an Accounting Department Curriculum, 2002.
This paper is a class project that evaluated the accounting department curriculum. It is an example of the procedure for evaluating academic curricula.
2,155 words (approx. 8.6 pages), 18 sources, APA, AU$ 108.95
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Abstract
This paper is an audit of the curriculum of a major university Department of Accounting. The paper reports that information needed for the research process came from three primary data source groups: the University, the accounting profession and needs of society such as businesses. The author states that this information was used to evaluate the current curriculum and to make recommendations for future accounting courses.
Table of Contents
Introduction
Summary of the Research Process
Summary of Findings
Professional Issues
Institutional Issues
Societal Issues
Analysis and Interpretation
Recommendations
From the Paper
"Additionally, to be effective, the reports prepared and the records maintained by an internal auditing function must be relevant, reliable, accessible, complete, accurate, and timely. The Committee on the Financial Aspects of Corporate Governance (1992) noted that the changing function of internal auditors is complementary to, but different from, that of external auditors. Internal auditors focus on providing data for the internal use of an organization?s managers, while independent, external auditors focus on providing data for external uses by investors and creditors. Because of this difference, it is good practice for companies to establish internal audit functions to undertake regular monitoring of key controls and procedures."
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Internal Auditing, 2007.
This paper looks at the changes that have taken place in the auditing field in recent years.
2,051 words (approx. 8.2 pages), 8 sources, MLA, AU$ 103.95
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Abstract
In this article the writer notes that over the past two decades, a number of changes took place that greatly altered the business world. The writer points out that some of these changes were external, such as ever-increasing globalization, growing competition and fast-paced technological innovations. However, some of the changes were internal. The writer relates that at the beginning of the millennium, for example, huge cases of company fraud rocked the structures of many organizations and that, as a result, the entire auditing field was put on trial. The writer maintains that Enron and similar financial disasters made many companies think and then think again about how to enhance their own internal audit functions. In order to find out more about auditing in present times, the writer interviewed, Robert Norwick, the internal auditor of a local mid-sized family-owned business.
Outline:
Background
Internal Audit Position
Need for Internal Auditors
Future Growth
Average Current Compensation of Internal Auditors
Certification
Organizations/Resources
From the Paper
"Norwick works for a farsighted company that recognizes the value of prevention. They also realized that if they ever wanted to go public or acquired a public company, they would be accountable by legislation. Instead of using external auditors, they decided to expand their internal department. It hired him a couple of years ago after an extensive search to find the right individual for the new internal audit position. They put together a cross-functional search committee, including the human resources director and CFO, to get varied input. They also looked at additional skills beyond the traditional ones normally required for internal auditors. For example, they wanted someone who was just as comfortable in front of the desk talking with people as well as behind the desk crunching numbers."
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Auditing, 2005.
An analysis of the auditing process of a company.
675 words (approx. 2.7 pages), 0 sources, AU$ 42.95
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Abstract
This paper deals with the analysis of the auditing procedures. It looks at the issue of auditing of the audit company during the first stages and then follows the process through out the completion of the audit.
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