Auditing Essays (Examples)

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Audits in the Field of Nursing Both

Words: 663 Length: 2 Pages Document Type: Essay Paper #: 15456071

Audits

In the field of nursing, both qualitative and quantitative data are useful and needed. The qualitative approach comes much from the patient and/or stakeholders. How does the patient "feel," what are some not quantittiative things one notices. Often, though, in charting a patient, a medical professional is able to quantify some of the qualitative data (e.g. complexion pale or wan; skin temperature, palor, attention span, etc.). The quantitative data are data that can be easily measured and work in tandem to provide a way to make a cogent diagnosis for the patient. Qualitative data is also part of the nurse's ability to make judgments about the quality and morality of situations, indeed, taking the principles of nursing ethics (beneficence, autonomy, etc.), many of those decision types are qualitative based. Some of this is, of course, related to secondary data sets from other research studies outside the purvue of patient-care,…… [Read More]

REFERENCES

Information on Charting. (2011). AHIMA. Retrieved from:  http://www.ahima.org/ 

The How's and Why's of Chart Audits. (2005). Duke University Medical Center. Retrieved from:  http://patientsafetyed.duhs.duke.edu/module_b/chart_audit.html 

Medical Chart Audits. (2011). AAPC Physician Services. Retrieved from:

 http://www.aapcps.com/services/audit-services.aspx?gclid=CKWTkpL3p6sCFRRSgwodkF4E4w
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Audit Planning Control at Home Depot

Words: 1383 Length: 4 Pages Document Type: Essay Paper #: 73690470

Audit Planning Control

The American Institute of CPAs (AICPA) has published guidelines for preparing an audit plan. The first step is the preliminary engagement activities, which is focused on establishing an understanding of the terms of engagement for the audit. The steps in the planning process are to identify the scope of the audit; to determine the reporting objectives; to consider the results of the preliminary engagement and to determine the resources that are going to be required to conduct the audit -- and the timing of when those resources will be needed (AICPA, 2015).

To audit Home Depot, it is important first to determine what the scope will be, as this will help to determine the resource requirements. A preliminary meeting with the company will help to determine this -- for example is it necessary to visit stores? Conduct inventory? Talk to Canadian HQ? Or is a visit to…… [Read More]

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Havelock Europa Audit Risk

Words: 1648 Length: 5 Pages Document Type: Essay Paper #: 94650859

Auditing isk

Areas of Heightened Audit isk

Audit risk = Inherent risk x Control risk x Detection risk. Audit risk can be referred to as the probability that an audit team will give an outright and absolute judgment when the financial statements of an institution are in actual fact materially misstated. To start with, inherent risk is the possibility that material frauds and errors will get into the accounting system employed to cultivate and improve the financial statements. On the other hand, control risk is the possibility that the internal control system of a client or company is not able to prevent or detect material misstatements (Griffiths, 2005). Lastly, detection risk is the probability that an auditor's audit procedures will not able to detect material misstatements. Taking into consideration the financial statements and the management commentary in the annual report of Havelock Europa there are a number of areas of…… [Read More]

References

Griffiths, P. (2005). Risk-Based Auditing. Aldershot: Gower Publishing Limited.

Havelock Europa PLC. (2013). Annual Report 2013.

Goldman, P., Kaufman, H. (2011). Anti-Fraud Risk and Control Workbook. USA: South Western Cengage.

Rittenberg, L., Johnstone, K., Gramling, A. (2012). Auditing: A Business Risk Approach. USA: South Western Cengage.
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Planning the Audit of the

Words: 729 Length: 3 Pages Document Type: Essay Paper #: 26947363

(the Company) to the Loan Agreement with Western Financial Services (the Lender). For the purpose of providing you with this letter, other than as set out herein, we have carried out the audit and review of the Company's financial information

Report

Based solely on the procedures set out in the engagement letter dated October 9, 20X5 (see Attachment 1) we confirm that the Company is in compliance with all of its restrictive debt covenants with the Lender.

Our report as set out herein is confidential to the addressees of this letter and should not be made available to any other party without our written consent.

Yours faithfully

Charles Adam

Partner cc Chairman of the Board of Directors, Keystone Computers & Networks, Inc.

Memo

To FILES

From Warren Love

Karren West

Date November 14, 20X5

Subject Keystone Computers & Networks, Inc.

Revenue recognition - Accounting for the sale of extended warranty…… [Read More]

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PCAOB Staff Audit Practice Alert

Words: 544 Length: 2 Pages Document Type: Essay Paper #: 65265676

Once this has happened, the auditor is in a position to assess the risk of material misstatement in the financial statements. The auditor should consider, for example, management's selection and application of accounting principles in assessing the risk of fraud. Some red flags identified in the alert are when the transaction is overly complex; whether or not management has discussed the accounting of such transactions; if management is placing undue emphasis on accounting treatment of a transaction; if transactions involve third parties, including special purpose entities; and if the transactions do not have sufficient substance.

The alert prescribes a course of action for situations when an auditor believes that there is a significant risk of material misstatement. The auditor must identify his or her findings in an engagement completion document; document actions taken to address significant unusual transactions and must state the basis for the conclusions reached.

In the Lehman…… [Read More]

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Duration Supply Chain Audit Methodology

Words: 3106 Length: 11 Pages Document Type: Essay Paper #: 77842343

As noted at the conclusion, these metrics and measures would be qualitatively analyzed by the consultant and quantitative values assigned for each of the questions which would correspond to the five general dimensions under consideration in the short-duration supply chain audit; high attribute examples would be assigned a "1," in this analysis, and a low-attribute example would receive a "7."

Table 1

Short-Duration Supply Chain Audit Questions and Corresponding Performance Indicators

Question

High Attribute Example = 1

Low Attribute Example = 7

Does formal product/service profiling and rationalization occur routinely to minimize the risk of obsolete inventory and other costs? What is the reservation capacity?

There are extensive programs in place to minimize the risk of obsolete inventory and other costs.

There are no programs in place to minimize the risk of obsolete inventory and other costs.

How well integrated are the company customer facing processes to the enterprise information…… [Read More]

References

Auditing the procurement and supply chain processes. (2009, June 5). International

Organization for Standardization (ISO) 9001 Auditing Practices Group and International

Accreditation Forum Guidance. [Online]. Available: http://isotc.iso.org/.

Auditing the supply chain (2009). Logistics Learning. [Online]. Available: www.logistics learningalliance.com.
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Functions and Mandates of Regulatory Bodies in Accounting and Audit Practices

Words: 915 Length: 3 Pages Document Type: Essay Paper #: 95617761

egulatory and Compliance

Auditors, consultants and security professional owe to their clients stakeholders a duty of care in the performance of their duties. The duty of care requires these professionals to observe prudence in all circumstances regarding their actions and evaluations (Boynton & Johnson, 2006).

Contribution of the PCAOB towards Independence of Auditors of Public Companies

It is sometimes ignored the contributions made by PCAOB towards improving corporate governance in public companies by generating better focus upon accounting and audit practices. A series of failures in the various functions of a public corporation to protect the investing interest of public corporations contributed the creation and enactment of Sarbanes-Oxley Act (SOX). Despite there being criticisms against the effects of PCAOB the board has contributed towards a higher degree of professionalism on public corporation auditors. An Important contribution of the board towards this independence is through the assertion that the audit companies…… [Read More]

References

Boynton, W. C., & Johnson, R. N. (2006). Modern Auditing: Assurance services and the integrity of financial reporting (8th ed.). Hoboken: NJ: Wiley.

Donna, M. N. (2010). The PCAOB a "Heavily Controlled Component" of the SEC?: An Essential Question in the Constitutional Controversy Faculty Publications. Paper 35 Indiana University Maurer School of Law Indiana.

Farrell, G. (2006). Corporate Crooks: How Rogue Executives Ripped Off America. Amherst, NY:: Prometheus Books.

Greiling, D. (2006). Performance measurement: a remedy for increasing the efficiency of public services? International Journal of Productivity and Performance Management, 55(6), 448-465.
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Marketing Audit on a Local

Words: 4570 Length: 16 Pages Document Type: Essay Paper #: 6877173

S. Navy has an excellent product mix as they are working to attract, recruit and retain key members of each position segment they have. The recruitment of the most highly skilled areas including nurses and physicians is the most pressing and requires the greatest level of consultation and one-on-one recruiting effort. The recruitment of Naval physicians is a critical need; it's clear from its position on the website and often there are face-to-face discussions and recruitment efforts on the part of the U.S. Navy to gain physicians directly into their branch of the service.

SECTION 3

How is the product (good and/or service) of the organization you are auditing, currently distributed?

The U.S. Navy distributes it current set of recruitment offices throughout 26 American cities, which are accessible from the following Website: http://www.cnrc.navy.mil/.The focus of each of the 26 city sites is on tailoring the recruitment process to regionalized needs…… [Read More]

References

Friedman (2005) - Thomas R. Friedman, author. The World is Flat. Farrar, Straus, and Giroux. New York, NY. Published 2005

Guided Selling (2001) - Defining your direction in guided selling AMR Research Report. November 1, 2001. Retrieved from the Internet on June 3rd, 2007 at http://www.lwcresearch.com/filesfordownloads/DefiningYourDirectioninGuidedSellin.pdf

Judd (1987). "Differentiate With the 5th P: People," Industrial Marketing Management, Vol. 16 (1987), pp. 241-247.

Johansson and Nonaka (1987). Johnny K. Johansson and Ikujuro Nonaka. Market Research the Japanese Way. Harvard Business Review. May - June, 1987. Pg. 34-45.
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External Corporate Communications Audit Demonstrate How You

Words: 2039 Length: 5 Pages Document Type: Essay Paper #: 77982947

External Corporate Communications Audit

Demonstrate how you would conduct an external corporate communications audit

An external corporate communications audit is a critical undertaking that must be carried out in every organization. Auditing processes are common when it comes to the realization of the basic avenues of growth and development in organizations. In order to realize the best fruits of service from the department of communication, the channels of communication should have to be renewable or accessible for audit. The first section will be used for major auditing activities. The second avenue of the auditing process will involve the personnel that have been put in place as a measure of oversight between the channels of communication, communication processes, and the major pillars of communication within a corporation. Furthermore, it is important to realize the importance of having a sound truth and recognition avenue where the auditing processes are to be executed…… [Read More]

References

Institutes for Organization Management. (1965). Studies in organization management:

Association. 1st-[3d] year. Washington: Chamber of Commerce of the United States,

Institute Dept.

Jreisat, J.E. (1999). Public organization management: The development of theory and process. Westport, Conn: Praeger.
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Marketing Audit a Market Research Plan Is

Words: 2256 Length: 7 Pages Document Type: Essay Paper #: 69551210

Marketing Audit

A market research plan is the systematic study that deals with the gathering and analysis of the concerned data to assess the role of a certain company in the market and persuade the customers to by their products. Marketing research assist the companies to design better strategies for future with respect to customer behavior (Pickett, 2010).

Marketing audit: It is a systematic and comprehensive evaluation of a company's activities and the results achieved due to its capabilities .In order to carry out marketing research one must understand the role of marketing audit in research.

PUPOSE OF THE AUDIT (Wal-Mart)

Marketing audit is necessary because the Wal-Mart has to compare its performance with the constantly changing market environment. There are certain micro and macro environmental factors that affect the business and marketing operations of the retail business of Wal-Mart largely. A detailed description of them is as under:

Microenvironment:…… [Read More]

References

Cangemi, M.P., & Singleton, T.W. (2003). Managing the Audit Function. New York: John Wiley and Sons Ltd.

D'Souza, S. (2009). The Brain Audit. Chicago: Psychotactics.

Foxall, G.R. (1981). Strategic Marketing Management. London: Croom Helm.

Hayes, R.S., Dassen, R., Schilder, A., & Wallage, P. (2005). Principles Of Auditing. Harlow, U.K.: Pearson Education.
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Business Continuity Plan Audits

Words: 857 Length: 2 Pages Document Type: Essay Paper #: 58568875

Change Management Audit

While technology and information systems are there in order to make management much more efficient, these systems may also expose an organizations to various risks which might often be serious in nature. These risks increase when changes are brought about in an existing system. In order to minimize such risks it is important that organizations have a change management plan, which is duly audited and tested for compliance before change is implemented.

With the advent and progress in the field of Information Technology, the corporate sector across the globe has increased the incorporation of technology in business practices greatly over the years. Besides assisting in communication and production related tasks, Management Information Systems and knowledge managements are important and integral part of organizational management that play a vital role in ensuring efficiency and quality management. That said, the rapid progressions in technology mean that the preceding technologies…… [Read More]

References

Beasley, M.S., Branson, B.C., & Hancock, B.V. (2008). Rising Expectations: Audit Committee Oversight of Enterprise Risk Management. Journal of Accountancy, 205(4), 44+.

Kanter, H., & Pitman, M.K. (1995). A New Approach to Audit Risk Assessment. The Government Accountants Journal, 44(2), 49+.
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Marketing Audit the Following Marketing

Words: 583 Length: 2 Pages Document Type: Essay Paper #: 65502846



Maybelline positions itself as the most innovative make up producer. The company has strengthened its position on the international market due to the sales force ensured by L'Oreal, who acquired Maybelline. stor positions itself as a high quality make up producer.

Customers

The main customer segment is represented by women aged between 20 and 35 years old. These customers have a medium income and medium to high education. They have a modern lifestyle, and are interested in the life of celebrities they admire. They are interested in fashion, and in cosmetics products that present new characteristics. They are oriented towards make up products of higher quality, but have an average budget.

nother customer segment addressed by Rimmel London is represented by teenagers that are interested in make up products that provide a satisfactory relationship between price and quality.

Marketing Strategy

The company's marketing strategy is based on providing good quality…… [Read More]

As mentioned above, the customers addressed by Rimmel are interested in the life of celebrities that they admire. Therefore, Rimmel promotes its products with the help of important celebrities like Kate Moss, Sophie Ellis Bextor, and Zooey Deschanel. It seems that this is a successful strategy for Rimmel, given the company's increased sales on the national and international markets and customers' opinion on the products of the company.

Reference list:

1. Products (2010). Rimmel London. Retrieved October 10, 2010 from http://www.rimmellondon.com/UK/products/default.aspx.
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Cultural Audit of St Cloud State University

Words: 677 Length: 2 Pages Document Type: Essay Paper #: 67767827

Cultural Audit of St. Cloud State University: HR Analysis and Critique

To address the deficits highlighted the cultural audit, St. Cloud University has resolved to address issues of demographic isolation, namely the sense of students that they do not have a 'connection' to the university, and the persistent problems regarding minority tensions and institutional discrimination. Perhaps the most telling survey comment came from a student, criticizing the survey structure: "I think that this survey was bogus. I can't believe you wasted $50,000 on this thing. e already know that SCSU is a hub of institutional racism" as noted in the Qualitative Analysis Section of the report. Another telling detail was that some faculty, administration and staff felt there was a notable lack of African-American and Jewish faculty members on campus, and that some felt the presence of a 'glass ceiling" regarding promotions of women. Also, disability services were perceived as…… [Read More]

Works Cited

St. Cloud Cultural Audit." Nichols and Associates, Inc.. Washington, D.C. October 2002. 24 Mar 2008.  http://www.stcloudstate.edu/documents/nichols/default.asp
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Strategic Audit Format Strategic Audit Areas Describe

Words: 1740 Length: 6 Pages Document Type: Essay Paper #: 26315527

Strategic Audit Format

Strategic Audit Areas

Describe

Industry situation

History, Development, Issues

Milestones (Identify minimum four milestones (events)

Past Issues/problems that the industry faced (Four to five issues)

Current Industry Issues (Minimum three issues)

Company situation

History, development, problems

Milestones (Minimum four milestones (events)

Current Company Problems (Minimum three internal or external problems)

Present strategic posture

In the following sub-sections (a, b, c, and d), analyze the current vision/mission/goals/objectives/STRATEGIES / structure & culture of the firm

Current vision/mission

- The vision is to be a leading IT company that grows and meets customer demands on all related IT accessories including desktops, servers, computer peripherals, computer storage and various IT accessories.

The Mission of Dell as it is information technology company is provide the newest technology to create full customer satisfaction with effective cost.

- The focus of Dell INC has always been to be a leader in computer accessories and…… [Read More]

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SAS Number 99 and the Corporate Audit

Words: 1105 Length: 4 Pages Document Type: Essay Paper #: 28345832

SAS Number 99 and the Corporate Audit

This report attempts to explain how the new SAS No.99 will change the way accounting firms will be required to conduct corporate audits. News about the collapse of Enron continues to dominate the American media circuits and in the wake of the now infamous Enron accounting scandal, accounting firms will be required to pay more attention then ever. Since the recent American Institute of Certified Public Accounts issue of SAS 99, the approach of auditors in the United States will for ever more be greatly enhanced. ith SAS 99 for example, external auditors will be required to discuss and gather facts with internal auditors. As of SAS 99, corporate America will now be required to monitor and share the findings of internal auditors who may be privy to critical fraud-related data residing with their clients. SAS 99 will therefore provide new opportunities for…… [Read More]

Works Cited

BBCi. "Enron finance chief denies charges" BBC International. http://news.bbc.co.uk/1/hi/business/2756345.stm6 November, 2002..

BBCi. "Ex-WorldCom Finance Boss Indicted." BBC International. http://news.bbc.co.uk/1/hi/business/2222137.stm28 August 2002.

SAS 99. Ed. AICPA. AICPA. http://www.aicpa.org/index.htm.
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Network Audit Case Study

Words: 701 Length: 2 Pages Document Type: Essay Paper #: 84042888

Network Audit Case Study

This study focuses on a comprehensive list of top ten tips of network and business continuity audit. These tips might lead businesses to survive and thrive in their audits without the need to overhaul their entire infrastructure.

Top ten network and business continuity-auditing tips

Segmentation of tasks distinctively: It depends on the principle of drive and conquers. It involves brainstorming about the organization's security tasks in terms of pieces and separating them into logically and physically segments. For instance, security tasks depend on ensuring people are kept on the outside by using both physical and firewall security (Bergmann & Pamplin, 2013). However, other components are safely kept on the inside using antivirus. Security does not solely imply that people should be kept from the outside. Obviously, companies have lost information from within the business. In this case, each piece must be documented and prioritized.

Documenting all…… [Read More]

References

Bergmann, T.S., & Pamplin, B. (2013). CISA - Certified Information Systems Auditor: Study guide. Indianapolis, Ind: Wiley Pub.

Gregory, P.H. (2010). CISA certified information systems auditor all-in-one exam guide. New York: McGraw-Hill.

Website: http://www.dallascityhall.com/pdf/Auditor/LanWan.pdf
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Home Energy Audit Energy Sources

Words: 855 Length: 3 Pages Document Type: Essay Paper #: 24767353



All other sources of energy used within my home: Apart from the electricity which is used in the home for most appliances, gas is also used in the kitchen to power the stove and the hot water boiler system for the house. This is also then used in the heating system in the house. Water is the other main source of energy which is used in the house, for washing dishes such as in the dishwasher, washing clothes, having showers, washing the car and watering the lawn. Gas is used for an emergency generator in the case of a power cut to the house, and also for some of the tools such as the lawnmower. Logs are also burned on the fire in the winter.

Areas in the home where energy efficiency could be improved: Energy efficiency could be improved by making sure that all electrical items are turned off…… [Read More]

Bibliography

African-American Environmentalist Association (2000). Our Unfair Share III. Retrieved on January 21, 2009, from www.aaenvironment.com/OUS3.doc.

ATSDR (1999) ToxFAQs: Sulfur dioxide. Agency for Toxic Substances & Disease Registry. Retrieved on January 21, 2009, at  http://www.atsdr.cdc.gov/tfacts116.html .

Pepco (2009). Retrieved on January 21, 2009, at  http://www.pepco.com .

Tunbridge Wells Borough Council (No date) Common Pollutants and Health Effects. Retrieved on January 21, 2009, at http://www2.tunbridgewells.gov.uk/pdf.aspx?page=1291.
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Management the Project Audit System

Words: 576 Length: 2 Pages Document Type: Essay Paper #: 34255043

First is that they may be different in the foreign country from the domestic one, which can give rise to implementation complications. The project's timeline and cost could be dramatically altered by differences in environmental factors. Local firms or workers may be involved, creating training costs or potential organizational cultural differences. There could also be cost considerations arising from economic or exchange rate considerations. Environmental factors can be positive, too, as solid understanding of them could allow for advantages that would not be available if the project was domestically-based.

3) it is important to honor the local customs for a few reasons. One is that ultimately your ability to do business in the foreign country is permitted by the government of that country. To offend local custom may jeopardize the entire operation. Also, the project will be implemented more smoothly if you work in line with local customs, rather than…… [Read More]

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Management Audit of San Francisco's Information Technology IT Practices

Words: 692 Length: 2 Pages Document Type: Essay Paper #: 14862433

Management Audit of San Francisco's IT Practices

San Francisco's IT Practices must generate strategic reports capable of setting targets and securing its IT infrastructure. The city must identify assets and determine their importance. The city of San Francisco's IT Practices entails valuable data, which is an asset necessary for production and delivery of services and goods. Such an asset is also relevant in the social and economic activity of the city and welfare of citizens. Assets refer to IT equipment, information, operations, and facilities.

The loss of such assets reduces the city's competitive advantage. This arises from the financial expenses incurred and the loss of a technological advantage or unique knowledge of information. It would be difficult to reproduce or replace such an advantage. The city must worry about the loss of its reputation. In order to characterize, identify, and evaluate a threat, it can obtain relevant data from news…… [Read More]

References

Freire, M., & Stren, R.E. (2011). The challenge of urban government: Policies and practices. Washington, DC: World Bank.

Goldsmith, S. (2009). The twenty-first century city: Resurrecting urban America. Lanham, Maryland: Rowman & Littlefield.

Wagner, F.W. (2010). Revitalizing the city: Strategies to contain sprawl and revive the core. Armonk, N.Y: M.E. Sharpe.
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Strategic Audit a CORPORATION1 I Current Situation

Words: 2492 Length: 7 Pages Document Type: Essay Paper #: 73994753

Strategic Audit a Corporation1 I. Current Situation A. Current Performance How corporation perform past year terms return investment, market share profitability? B.

Nestle's performance Audit Report

Performance of Nestle in the year 2011

arket performance

In the developed world the corporation faced economic frailty and uncertainty more so in the developed world. The economic down turns in the developed world economies had a significant impact on the performance of the product in the market which set in new challenges. Key to remaining afloat with all this challenges at Nestle is to focus on delivery of both short-term performance result and considering investing along the long-term profitability and sustainable lines Nestle The World's Leading Nutrition, Health and Wellness Company 32()

On top of the normal growth Nestle corporation experienced organic growths of up to 7.5%. Real internal growth was recorded at 3.9% while growth in pricing stood at 3.6% Nestle The…… [Read More]

Myers H. Trends in the Food Retail Sector across Europe,. Oxford London,: Oxford Institute of Retail Management, 2004. Print.

Nestle. Nestle Corporate Governance Report http://www.nestle.com/Common/NestleDocuments/Documents/Library/Documents/Corporate_Governance/Corp_Governance_Report_2011_EN.pdf2011. Print.

-. The World's Leading Nutrition, Health and Wellness Company. http://www.nestle.com/Common/NestleDocuments/Documents/Library/Documents/Annual_Reports/2011-Annual-Report-EN.pdf: Nestle S.A., Cham and Vevey (Switzerland), 2011. Print.