Holmes Institute HA3032 Memo 02 – Semester 02, 2014
Background:
Mr. Howe, a Junior Partner of the CPA firm Dewey, Cheatem, & Howe (DCH), after noting that there is a proposal to limit Auditor liability is very excited and has announced that the DCH Audit firm will soon be able to take on much, much riskier audits with little risk of DCH going bankrupt or losing the right to audit.
Required:
Mr. Tu Dewie has asked you to evaluate Mr. Howe’s assertions (use the lectures, tutorials and the internet (i.e. http://www.clmr.unsw.edu.au/article/compliance/internal risk management/institute chartered accountants stripped liability cap). In writing your memo, please remember that while Mr. Dewie is the senior partner of DCH, Mr. Howe (as a junior partner) can hurt you if you are not polite and considerate.
A Full Service Creative Accounting Firm Loopholes Located Books Juggled Taxes Evaded Funds Diverted Money Laundered Shortages Hidden Pensions Plundered Credit Denied Parking Validated
Bankruptcies our Specialty!
Holmes Institute HA3032 Memo 02 – Semester 02, 2014 Background: Mr. Howe, a Junior Partner of the CPA firm Dewey, Cheatem, & Howe (DCH), after noting that there is a proposal to limit Auditor liability is very excited and has announced that the DCH Audit firm will soon be able to take on much, much riskier audits with little risk of DCH going bankrupt or losing the right to audit. Required: Mr. Tu Dewie has asked you to evaluate Mr. Howe’s assertions (use the lectures, tutorials and the internet (i.e. http://www.clmr.unsw.edu.au/article/compliance/internal risk management/institute chartered accountants A Full Service Creative Accounting Firm stripped liability cap). In writing your memo, please Loopholes Located Books Juggled Taxes Evaded remember that while Mr. Dewie is the senior partner of Funds Diverted Money Laundered Shortages Hidden DCH, Mr. Howe (as a junior partner) can hurt you if you Pensions Plundered Credit Denied Parking Validated are not polite and considerate. Bankruptcies our Specialty!
Attachments:
himmy.pdf