On Thursday, May 12th, at approximately 1421, I, Officer Josh Summey was contacted by Games Supervisor, Unit 551 with a request to pull one of his associates and Audit him as one of his Supervisors witnessed him counting his money and messing with his shoe. I made my way from the Monitor Room to Showplace Long Range Shot and escorted Mr. Justin Cassidy to Showplace Bank where his till was counted and found to have no variance. I then escorted Mr. Cassidy to the North Carolina Interview and performed a Compliance Verification Audit which turned up 27$ from his shoe. He informed me of this fact before beginning the Audit and told me that this was his own cash and that he always kept his money in his shoes instead of his wallet. After questioning…
A possible control could be reviews completed by Sarah Field Audit (Compliance) team if they do anything with them. Please excluded “inappropriate waving of fees” as this would be covered in Risk#1 since it would be fraud committed by the partner. If you want to know the number of speed title could you pull the data from STARS? Do you need me to get a FORTIS report?…
The American Institute of Certified Public Accountants (AICPA) is the world’s largest representation of certified public accountants (CPAs). Established in 1887, the AIPCA serves as an advocate for CPAs, CGMAs, and has a mission of powering the success of global business, CPAs, and CGMAs through the use of education, resources, and advocacy (AICPA, 2016). The AICPA supports FASB by providing technical support, standard setting, and guidelines to CPAs nationwide. Because accounting is complex in nature this governing body works in collaboration with other institutes to ensure that organizations are adhering to the accounting standards established under the General Accepted Accounting Principles (GAAP). This paper will focus primarily on the AICPAs relationship in advising the FASB, their function in setting the auditing standards for public accounting firms and their relationship with authoritative rule making boards such as The International Accounting Standards Board (IASB), The Government Accounting Standards Board, and the HFMA Principles and Practice Board.…
Audit is one of many poems by Tony Barnstone, an accomplished poet, translator and professor. He followed in his father’s footsteps in becoming a translator, a poet and a scholar, and this is clearly seen in how he became the Professor of English Language and Literature at Whittier College. He has an extensive education, which includes a PhD from UC Berkley in California. His first book was a finalist for many national awards, and his works have been featured in many American journals.…
Why we audit The emphasis of the privacy audit program is on ethics and integrity in the workforce and compliance with federal and state laws related to the handling and confidentiality of patient sensitive information. Central Point of the Privacy Audit Program The scope of the privacy audit program will include all modules and instance of EPIC used in all PHC facilities, including Community Connect and EPIC IN-Basket.…
If you've never heard of a DOL audit for Dallas TX small businesses, you need to know that it is increasing in frequency and quickly overtaking IRS audits as the bane of business owners. According to Forbes, all the detailed bookkeeping and exacting accounting practices in the world won't be of much help if the Department of Labor decides to perform a DOL audit on your Dallas TX business. These audits focus on any of a number of areas that apply to how you deal with your employees, including but not limited to fair labor practices, employee retirement plans, how your employee handbook is written--pretty much any issue that relates to how your employees are compensated and treated in the workplace, in general. What Prompts a DOL Audit of a…
As long as the IT Audit director meets AT §101.51, they should have the ability to reject any change. If the IT audit director can provide sufficient evidence to prove a reasonable basis for wanting to delay implementation of a change, she should have that power. With that said, there needs to be a policy in place to govern changes to production. Changes need to be properly evaluated and authorized before implemented. This is not an appropriately designed control procedure.…
Responsibility in An Inspector Calls by J.B. Priestley J.B Priestly wrote 'An Inspector Calls' just as the 2nd World War was coming to an end in 1945. The play was based in the time just before…
Situation (a) 1. In this case, Brock Lesnar as a member of the audit team has a borrowing guaranteed by the audit client - Richardson which is not a bank or similar institution, then according to APES 110. 290.120, a self-interest threat is created. In accordance with APES 110.290.120, if a member of the audit team accepted a loan which is guaranteed by an audit client that is not a bank or similar institution, the self-interest threat to independence would be so significant that no safeguards could decrease the threat to an acceptable level. The firm should remove Brock Lesnar from the audit team.…
Implementing an electronic health record (EHR) strategy for a medical organization has the potential, and capacity, to transform the enterprise. However, simply purchasing and installing an EHR is not enough to improve quality of care or enhance patient experiences. Leveraging advanced technology to full advantage requires extensive training, and for many providers, the learning curve is steep. Training physicians how to access, organize and share data is critical for successful implementation. Here are a few tips to ensure teaching programs cover all the basics and empower physicians and their teams to exploit key features of their organizations EHR.…
Introduction: One may not realize that a person is living in isolation, especially if they are seen around people. It is quite a wonder that one can be quite alienated from normal life or people while still living around them. More so, it is surprising how a person could just choose to live indoors because of his phobia and be happy enjoying his own company. In the two works of literature, The Pleasure of my Company by Steve Martin and The Catcher in the Rye by J.D Salinger, this theme has been expressed in different ways. While Martin in his book, The Pleasure of My Company expresses the theme of isolation by developing a protagonist who is confined from the normal social life like other people with his fears, Salinger develops such a character…
First off this risk forces us to assess a lower level of materiality on the audit. In my professional opinion with all of the glaring risks I recommend that we set a performance materiality of $500,000 or .2% of sales, with a planning materiality of $50,000. With such low materiality and high fraud risk all auditors should be experienced staff auditors, and be on high alert of fraudulent information from Apollo employees, and must be diligent in keeping auditing procedures unpredictable as to not allow employees to cover their tracks. With the risks outlined, and the low materiality level we will need to conduct a significant amount of substantive tests, because it is the only way to get the detection risk to an acceptable level with how high the clients control risk is. To do this we will need to perform substantive testing on at least Accounts receivable, sales, Inventory, Accounts payable, expenses, prepaid expenses, and…
The standard definition when most people think of accountability or being accountable is accepting responsibility. Though this is true, to me accountability means: letting your actions rise above your excuses, overcome your fear and accept responsibility for the consequences you are accountable for. Accountability is liberating and requires a willingness to answer questions from those people affected by your actions. Accountability means to have the ability to follow through with your commitments you make for yourself or for others. It means honoring, exceeding, and improving standards.…
Throughout the case, Jackie and Glen both discuss ways of how the yearly ending accruals would and should be recorded as best as possible. The Accrual entries include future vacation pay, allowance for repairs, and reserve for inventory. There are two slight opinions of how they should be accrued according to one way by Jackie and another by Glen. Jackie has the well-known based accounting knowledge to apply the correct final conduction but Glen runs the final shots throughout the company’s culture and its decisions since she is well known by the CEO Larry Simon. As the auditor of the case, Jackie is trying to imply why it is the best choice towards the desired accounting regulations/policies to record the accrual entries in a certain way,…
This dissertation is about accountability in decision-making processes for routine and non-routine settings. The study identifies two research problems linked to each other. The first research problem is the disconnect in the public administration’s literature of the micro (individual) and macro (societal) levels of accountability (Dubnick, 2014) and the conceptualization of accountability primarily for routine contexts. The second research problem is a practical problem related to the individual experience of being accountable for the adoption of unfamiliar hazard mitigation measures in natural hazard mitigation plans.…