• Communication for Accountants
    Memo To: The clients From: Team B Date: 12/12/2010 Re: Mike B. As you may already know, the AICPA Auditing Standards Board issued a Statement on Auditing Standards (SAS) No. 115, Communicating Internal Control Related Matters Identified in an Audit, which supersedes SAS No. 112 of...
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  • Com 530 Internal Memo
    MEMO From: Management of ABC Firm To: All accountants at ABC Firm RE: Standard on Auditing Standards (SAS) 115 The AICPA has put into effect SAS 115, Communicating Internal Control Related Matters Identified in an Audit. The purpose of these standards is to establish new standards regarding...
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  • Cpa Report Memo
    understanding that “a deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned function, to prevent, or detect and correct misstatements on a timely basis”. In addition, SAS No 115...
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  • Crazy Eddie
    only strong accounting department but an even stronger internal audit department that can properly perform Sarbanes Oxley section 404, SAS 69, SAS 99, SAS 109, SAS 115 for internal control practitioners to identify, prioritize, evaluate, and test the controls in place to prevent fraud and other...
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  • Snowy Ridge Ski Resort
    Information at June 30, 20X2 Kate received a memo from the chief executive officer of Snowy Ridge that the company had recently acquired a report from a qualified professional valuation specialist that the fair value of the entire Snowy Ridge Ski area including the real estate and the lodge net of...
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  • Client Memo
    communications pertaining to internal control matters it has been brought to our attention in this effort to provide the best service for clients Statement on Auditing Standards (SAS) No. 112 has been removed and replaced with SAS 115, which is in effect for audits being performed on or after December 15...
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  • Enhanced Formal Communications Project
    organization’s internal control over financial reporting identified on the next audit of financial statements * SAS 115 will prevent, detect and correct misstatements on a timely basis * It will provide reasonable assurance about your achievement and objectives with regard to the reliability...
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  • Hello
    , Merck, SAS Airlines, Michelin, and others in the areas of marketing strategy and planning, marketing organization, and international marketing. He has been Chairman of the College of Marketing of the Institute of Management Sciences, a Director of the American Marketing Association, a Trustee...
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  • Sas 115
    Standards has different sections - each dealing with professional standard with an assigned standard number. SAS 115 It establishes the procedures and process of communicating internal control related matters identified in an audit and provides guidelines to external auditors about communicating an...
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  • Acc Research Memo
    presentation and flow of your memo. You will also be graded upon your response to the clients in memo form, citation to Internal Revenue Code, Treasury Regulations, and any other legislative, judicial or administrative sources (if applicable), identification of issues or questions for the client, proper...
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  • Every Child Matters
    that ‘an internal Department for Education (DfE) memo was advising that DfE preferred terminology is to replace the phrase ‘Every Child Matters’ and ‘the five outcomes’ with ‘help children achieve more’. ‘ (Puffett, 2010) From this we can see that even though the terminology of Every Child Matters is...
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  • Ethics Paper
    were internal memos at Arthur Anderson regarding conflicts between the auditing committee and the auditors at Enron. In these memos were concerns about the accounting practices used by Enron. "Enron utilized a confusing accounting system to shuffle its debt into thousands of partnerships, creating an...
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  • Allegations Against Cfo
    immediately. These changes fall in line with the AICPA (American Institute of Certified Public Accounts) new standards SAS 112 and SAS 115. The team will also highlight a few benefits that this change will bring about for the clients. SAS No. 112 and SAS No. 115 SAS...
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  • Enron Scandal
    false sales and profits, Andersen signed off on these financial statements even after a partner flagged them. Sunbeam would later file for bankruptcy.  Internal memos at Andersen showed that there were conflicts between the auditors and the audit committee of Enron. Also included in these memos are...
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  • Audit Program Design Part1
    whereas others are deemed supporting. Under the guidance of the external auditor, the company’s internal auditor defines the scope of the effort. This effort encompasses three aspects: the business perspective, its importance, and the acceptable level of risk. SAS number 115 has altered the...
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  • Salesoft
    conference. The decision taken will have to be absolutely exclusive and is expected to have a critical impact on the company’s future and indeed it’s very viability. MEMO TO SALESOFT MANAGEMENT I would recommend the company to 1. Fully redirect all of it’s efforts to get Trojan Horse (TH) product to...
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  • Asdasd
    ( Staff: Internal supporting documentation from the department ( 004 payroll screen ( Any other supporting documentation II-A-2. Updates: Reappointment: Graduate Students, Postdoctoral Fellows, Lecturers & Adjunct Faculty. ( All but Grad Students: The SAS Form 98-2 is completed at...
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  • New Ford Focus
    16,900.00 17,150.00 17,400.00 18,150.00 18,400.00 18,650.00 17,900.00 18,150.00 18,400.00 95 CP DPF -- M6 95 CP DPF -- M6 95 CP DPF -- M6 115 CP DPF -- M6 115 CP DPF -- M6 115 CP DPF -- M6 140 CP DPF -- M6 140 CP DPF -- M6 140 CP DPF -- M6 Euro Euro Euro Euro Euro Euro Euro Euro Euro 5 5 5...
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  • Accountability Memo
    MEMORANDUM Subject: Increasing of public scrutiny on not-for-profit reporting requirements The purpose of this memo is to explain why increasing scrutiny and demand for accountability by the public has influenced reporting for not-for-profit and governmental entities. State and federal...
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  • Audit Proposal - 1ç
    : “Consider how a client’s IT processes affect internal control, understand how transaction are recorded, and understand how journal entries are processed through the company’s accounting information systems” (Hunton, 2004). Recommended Audit As stated previously in the Automated Process Memo, it was 123...
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