Case Study Essay

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5-2: ZZZZ Best 1. I think that auditors should be held liable for failing to discover fraud. There are many ways the fraud could have been discovered over the years if the auditors performed an objective audit that followed rules and regulations. It is an auditor’s obligation to perform an audit with objectivity, skepticism, independence, and objectivity. Ernst & Whinney failed to meet these criteria. The auditors did not follow professional skepticism because when Minkow asked them to sign a confidentiality agreement to not follow up with any contractors, insurance companies, or building owners. This is not something to simply accept from Minkow. Ernst clearly did not perform a thorough audit and did not perform the necessary …show more content…
Aside from the moral aspects, auditors also want to make sure that the client is financially stable. If there is a going concern for the client, there might be possible liabilities for both the firm and the client. Any other indicators like high turnover rates, material weaknesses in controls, or low current ratios, increases risk of fraud and misstatements. Any of these issues could also be an incentive for fraud. 2. There are a few red flags that go off after evaluating management at Jost Furnature. First off, there have been a few different controllers in the past four years. This high turnover rate poses the question of why so many different people have left the position. There were also financial re flags such as late loan payments, low current ratios, and some weaknesses in internal controls. Jerry Jost even mixes his personal funds with his business funds. It was also mentioned that the auditors were not allowed to contact the previous auditors. According to the Six Pillars of Characters, I would not submit a bid for this company. The Six Pillars of Character include trustworthiness, respect, responsibility, fairness, caring, and citizenship. Clearly this company has some ethical dilemmas and do not follow these pillars. Management does not seem trustworthy or responsible at all,

Crime Case Study Case Studies

Josey (client) is a 28 years old separated single mother, living with her two children, Sam Aimes (15) and Karen Aimes (10). She separated from her husband Don, because he was beating her very brutally. Josey’s parents did not trust about her character because she became pregnant when she was teenager and so many people had sex forcefully with her. Nobody knows even Sam’s father’s name. Karen is the daughter of Josey and Don. Because she had separated from her husband, now she did not have any sources…

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A Case Study

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Evaluating Case Study

Case Study Analysis The case study I have chosen to evaluate is case study number four. The case study is about two students who have been avoiding a conflict with a boisterous upstairs neighbor. Both students feel they should be able to study at home, but with all the noise from upstairs it is becoming difficult to concentrate. Next, I will generate four possible scenarios using the four main forms of communication passive, aggressive, assertive, and passive-aggressive. Additionally, the case…

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Case Study Assignment

Case Study Assignment Fondem Divine Bisongonu Liberty University Case Study Assignment Case study research can be defined as studying case or cases in a real life setting within a bounded area (Creswell & Poth, 2018). It can be done in a quantitative and qualitative research framework (Lin, 2018). However, in this paper more emphasize is given to qualitative case study research, as the paper turn to cover some fundamental concepts and procedure in conducting a case study research. In doing so…

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Case Study Essay

Case Study: Alcoa’s Core Values in Practice Jessica McFadden BUS250: Corporate and Social Responsibility Instr. Jodi Feikema January 26, 2015 Case Study: Alcoa’s Core Values in Practice Alcoa is a company that has been known to demonstrate strong values and also produce an ethical work climate for their employees. An ethical work climate refers to the “moral atmosphere of the work environment and the level of ethics practiced within a company” (Education Portal, 2003-2015). As a company…

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Case Study Essay

Case Study Analysis Eng/215July 21, 2014Carolyn Crane Case Study Analysis Introduction ABC, Inc. hired Carl Robins as the new campus recruiter in early April. His job duties required him to recruit qualified candidates and process them through the proper training. Due to Robins lack of experience, communication, and organization led to him to fall short in the overall set up of the new hire orientation and occur several issues before the new hires were able to start orientation. Prioritizing in…

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Hypnotherapy Case Studies

Results All patients were healed with no recurrent cases. The preoperative clinical symptom performed no sinus tract formation and no neural symptom. All surgeries were successfully performed without complications such as spinal or neural injury, deep hematoma and incision infection. Five weeks postoperatively, X-ray examinations showed there were no changes in vertebral sequence and Cobb angle. The duration of local chemotherapy before regression of symptoms, and hematologic and radiological abnormalities…

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Hepatitis A Case Study

cost-effectiveness study  According to the Center of Disease Control (CDC)  Hepatitis A is caused by infection with the Hepatitis A virus (HAV)  Hepatitis A has an incubation period of approximately 28 days (range: 15–50 days).  HAV replicates in the liver and is shed in high concentrations in feces from 2 weeks before to 1 week after the onset of clinical illness.  HAV infection produces a selflimited disease that does not result in chronic infection or chronic liver disease. Purpose of Study  The…

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Case Study Of Giller

Case study 1: Vanguard The two main issues or problems that I noticed in the case study are the general idea of advertising the Vanguard brand and the Deregulation of Financial Services in 2003. To me these are two of the biggest issues that stood out to me. Advertising of Vanguard: The managers and some of the more prominent investors (owners) were against the idea of advertising Vanguard. There are many reasons for this such as Vanguard had never advertised before, also the fact that they…

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Chlamydia Case Study

Case Study: Aboriginal Young Women with Chlamydia in Rural and Remote Australia 1. Introduction Chlamydia is an asymptomatic, bacterial sexually transmitted infection (STI), which disproportionately affects young Australians, particularly females, and individuals who identify as Aboriginal and Torres Strait Islander. Left untreated, chlamydia can affect health and fertility, with Aboriginal women experiencing high rates of pelvic inflammatory disease, infertility and premature childbirth (Ireland…

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