Assessing the Internal Audit Function

15 Apr

Portfolio Project Paper: Assessing the Internal Audit Function

The Portfolio Project for ACT575 is a research report that identifies and analyzes a company that has experienced a breakdown in audit procedures.

  • To conduct your research, choose one of the companies listed below:
  • Deloitte and Adelphia Communications
  • Gateway Computers
  • HBOC, Arthur Andersen LLP
  • Miniscribe
  • Verifone Holdings, Inc.
  • Dell, Inc.
  • Northwest Airlines and Ernst & Young.
  • Your report must describe the issue surrounding the company and any company policies in relationship to the impact those might have on public audits/accounting.
  • Provide the following elements in your paper:
  • An executive summary identifying the company, the audit issue, the affected shareholders, and the ultimate resolution
  • A brief history of the company
  • An analysis of the auditor’s role, including any auditing standards that the auditor did not follow
  • Identification and discussion of internal controls that were circumvented or audit standards that were not followed.

Your paper should meet the following requirements:

Include four or five outside sources. The CSU-Global Library is a great place to start looking. One source can be the SEC Enforcement Action that was related to the fraud under examination.


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Posted by on April 15, 2017 in academic writing, Academic Writing



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