Contemporary Auditing Issues and Cases
Michael C. Knapp
Abstract
Michael C. Knapp
Abstract
SECTION ONE: COMPREHENSIVE CASES. Case 1.1 Mattel, Inc. Case 1.2 ESM Government Securities, Inc. Case 1.3 United States Surgical Corporation. Case 1.4 ZZZZ Best Company, Inc. Case 1.5 Lincoln Savings and Loan Association. Case 1.6 Crazy Eddie Inc. Case 1.7 Penn Square Bank. Case 1.8 IFG Leasing. Case 1.9 The Fund of Funds, Ltd. Case 1.10 Wedtech Corporation. Case 1.11 AMRE, Inc. Case 1.12 National Student Marketing Corporation. SECTION TWO: AUDITS OF HIGH-RISK ACCOUNTS AND INTERNAL CONTROL ISSUES. Case 2.1 Doughtie's Foods, Inc. Case 2.2 Flight Transportation Corporation. Case 2.3 The Trolley Dodgers. Case 2.4 J.B. Hanauer & Co. Case 2.5 Berkshire Hathaway Inc. Case 2.6 Giant Stores Corporation. Case 2.7 Howard Street Jewelers, Inc. Case 2.8 E.F. Hutton & Company. Case 2.9 Capital Banc Corporation. Case 2.10 Four Seasons Nursing Centers of America, Inc. Case 2.11 American Fuel & Supply Company. Case 2.12 General Technologies Group, Ltd. SECTION THREE: ETHICAL RESPONSIBILITIES OF AUDITORS AND ACCOUNTANTS. Case 3.1 Cardillo Travel Systems, Inc. Case 3.2 Creve Couer Pizza Inc. Case 3.3 The PTL Club. Case 3.4 Leigh Ann Walker, Staff Accountant. Case 3.5 Phillips Petroleum Company. Case 3.6 Laurel Valley Estates. Case 3.7 Mariner Corporation. Case 3.8 Suzette Washington, Accounting Major. Case 3.9 Rocky Mount Undergarment Company, Inc. Case 3.10 Oak Industries, Inc. Case 3.11 Koger Properties Inc. SECTION FOUR: PROFESSIONAL ISSUES. Case 4.1 Hopkins vs. Price Waterhouse. Case 4.2 When Auditors Become Lobbyists. Case 4.3 Tommy O'Connell, Audit Senior. Case 4.4 Sarah Russell, Staff Accountant. Case 4.5 Maurice Stans, CPA. Case 4.6 Bill DeBurger, In-Charge Accountant. Case 4.7 Stuart Seltzer, Auditor & Entrepreneur. Case 4.8 Charles Tollison, Audit Manager. Case 4.9 Mallon Resources Corporation. SECTION FIVE: CLASSIC LITIGATION CASES. Case 5.1 Fred Stern & Company (Ultramares). Case 5.2 BarChris Construction Corporation. Case 5.3 1136 Tenants Corporation. Case 5.4 Yale Express System, Inc. Case 5.5 First Securities Company of Chicago (Hochfelder). Case 5.6 Equity Funding Corporation of America.
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SECTION ONE: COMPREHENSIVE CASES. Case 1.1 Mattel, Inc. Case 1.2 ESM Government Securities, Inc. Case 1.3 United States Surgical Corporation. Case 1.4 ZZZZ Best Company, Inc. Case 1.5 Lincoln Savings and Loan Association. Case 1.6 Crazy Eddie Inc. Case 1.7 Penn Square Bank. Case 1.8 IFG Leasing. Case 1.9 The Fund of Funds, Ltd. Case 1.10 Wedtech Corporation. Case 1.11 AMRE, Inc. Case 1.12 National Student Marketing Corporation. SECTION TWO: AUDITS OF HIGH-RISK ACCOUNTS AND INTERNAL CONTROL ISSUES. Case 2.1 Doughtie's Foods, Inc. Case 2.2 Flight Transportation Corporation. Case 2.3 The Trolley Dodgers. Case 2.4 J.B. Hanauer & Co. Case 2.5 Berkshire Hathaway Inc. Case 2.6 Giant Stores Corporation. Case 2.7 Howard Street Jewelers, Inc. Case 2.8 E.F. Hutton & Company. Case 2.9 Capital Banc Corporation. Case 2.10 Four Seasons Nursing Centers of America, Inc. Case 2.11 American Fuel & Supply Company. Case 2.12 General Technologies Group, Ltd. SECTION THREE: ETHICAL RESPONSIBILITIES OF AUDITORS AND ACCOUNTANTS. Case 3.1 Cardillo Travel Systems, Inc. Case 3.2 Creve Couer Pizza Inc. Case 3.3 The PTL Club. Case 3.4 Leigh Ann Walker, Staff Accountant. Case 3.5 Phillips Petroleum Company. Case 3.6 Laurel Valley Estates. Case 3.7 Mariner Corporation. Case 3.8 Suzette Washington, Accounting Major. Case 3.9 Rocky Mount Undergarment Company, Inc. Case 3.10 Oak Industries, Inc. Case 3.11 Koger Properties Inc. SECTION FOUR: PROFESSIONAL ISSUES. Case 4.1 Hopkins vs. Price Waterhouse. Case 4.2 When Auditors Become Lobbyists. Case 4.3 Tommy O'Connell, Audit Senior. Case 4.4 Sarah Russell, Staff Accountant. Case 4.5 Maurice Stans, CPA. Case 4.6 Bill DeBurger, In-Charge Accountant. Case 4.7 Stuart Seltzer, Auditor & Entrepreneur. Case 4.8 Charles Tollison, Audit Manager. Case 4.9 Mallon Resources Corporation. SECTION FIVE: CLASSIC LITIGATION CASES. Case 5.1 Fred Stern & Company (Ultramares). Case 5.2 BarChris Construction Corporation. Case 5.3 1136 Tenants Corporation. Case 5.4 Yale Express System, Inc. Case 5.5 First Securities Company of Chicago (Hochfelder). Case 5.6 Equity Funding Corporation of America.
Key concepts: Corporation, Audit, Management, Loan, Accounting, Business, Finance, Economics