Audit

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? Is there metric using information from Document Management? For example if a partner is having a 25% error rate would the partner…

This has an impact on many of the companies and consumers within the United States. The rise of interest rates impacts mortgage loans, credit card rates, student loans, even the U.S. national debt. To narrow which industry to focus on, my KPMG audit team will focus on the impact this has on our client, VISA, within the credit card industry. Although our client does not extend credit to its consumers, many consumers will be forced to rethink whether opening a line of credit is safe to due…

initial meeting with Big Rock that we understood that many aspects in the proposed project plan was irrelevant in the sense that it would not provide new information or additional value to the organization. More specifically, as per the strategic audit template, a current situational, industry and environmental analysis was not necessary in the final report. Essentially, this was all information that Big Rock already possessed. Furthermore, it was not necessary to engage in more primary research…

Audit Recommendation #1, Establish procedures and controls and increase oversight of watercraft units to make sure units can meet mission requirements. OBJECTIVE: Has the battalion validated that the 545th Transportation Company is reporting quarterly on the status of watercraft operations? FINDING B FINDING TITLE: LSV units are not using DTMS to track and manage training. WORKPAPER REFERENCE: WP File B-1, conclusion paragraph 2. FINDING – CONDITION: Although I found a number of…

Recently, Dinesh Kumar was faced with an ethical dilemma. Dinesh, a new hire accountant at O’Brian & McKinney, was asked by Kate McKinney, the company’s co-founder, to investigate the billings of an important client, Russell Brandy. Russell Brandy has been dissatisfied with O’Brian & McKinney, claiming he has been overcharged. As a result, Tom O’Brian, the company’s co-founder, has pushed to fire John Goodfellow, the Account Executive in charge of Russell Brady’s account, and give the account…

Carter V. Tokai Financial Services, Inc. In the case, it follows Randy P. Carter and Tokai Financial services, Inc. where Tokai sued Carter for money that was not given under a lease agreement that the two had entered. It as stated that ARC made 4 of the rental payments before they defaulted on the obligation they had with Tokai. Following the ceasing of payment, Tokai the repossessed the equipment and sold it for $5,900. After the sale, Tokai brought a suit against in which they were awarded…

said they couldn’t take designs according to the customer’s requirements, it would make them noncompliant. They insisted doing what their ISO 9000 procedures required, not what the customer wanted. The consequence was quality fell. As a result, they reimplemented ISO 9000, but instead of writing down what each function did, they wrote down how they processed a project from receipt of customer order to delivery of the building to the customer. Rather than aligning the procedures vertically with…

1. Discuss some ethical problems that might arise in a commercial real estate sale for the legal professional. If a lawyer believes that his client is doing something that creates a serious ethical problem for him or her such as, commit a fraud, a crime or cause financial harm to another party. That lawyer might be inclined to breach the confidentiality to notify the other party. An ethical conflict may arise where, in the course of successive or simultaneous representations of clients, the…

"A Stinging Office Memo Boomerangs" by Edward Wong. What do you find the most surprising from the readings? I find most surprising the lack of email etiquette from the article "A Stinging Office Memo Boomerangs" by Edward Wong. While Neal Patterson the chief executive for the Cerner Corporation has a "blunt" style of handling issues, he needed to take into consideration that sending an email can be interpreted a variety of ways (3). With his role, he should have known this, and that there…

Group # N/A* * did as individual Business 4000-003 Group Assignment #1 (King v. OETIM) 1. Why did King bring an action against OETIM? (1 mark) King brought an action against the Operating Engineers Training Institute of Manitoba (OETIM) because there was a misunderstanding/disagreement between the two parties on whether or not King’s compensation for teaching at OETIM was pre-tax (“gross”) or post-tax (“net”). King believed his income was post-tax and did not claim it as income and was therefore…