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Auditing After Sarbanes-Oxley Jay Thibodeau

Auditing After Sarbanes-Oxley By Jay Thibodeau

Auditing After Sarbanes-Oxley by Jay Thibodeau


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Summary

Intended as a supplement to various primary auditing texts, as it helps focus classroom discussions on the impact of Sarbanes-Oxley. This work provides examples of the auditing environment pre- and post-Sarbanes-Oxley.

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Auditing After Sarbanes-Oxley Summary

Auditing After Sarbanes-Oxley by Jay Thibodeau

This casebook is intended as a supplement to any primary auditing text, as it helps extend and focus classroom discussions on the impact of Sarbanes-Oxley. It grabs student interest by providing engaging, real- world examples of the auditing environment pre- and post-Sarbanes-Oxley.
The text presents a total of 35 "ripped from the headlines" cases organized within four sections:
1) Ethics and Professional Responsibility (7 cases),
2) Understanding the Client's Business and Industry (7 cases),
3) Internal Control Systems (10 cases),
4) Audits of Accounts, Processes and Assertions (11 Cases).
This organization closely follows that of most current auditing textbooks, making the cases easy to implement.
In addition to these cases, Appendix A presents seven lengthier, complete company cases giving instructors the flexibility to assign a single case to cover several learning objectives. Appendix B presents financial statements for four of the companies covered in Appendix A.

About Jay Thibodeau

Jay C. Thibodeau is the Rae D. Anderson Professor of Accounting at Bentley University. Professor Thibodeau is a certified public accountant and a former auditor. He received his bachelors degree from the University of Connecticut in 1987 and his PhD from the University of Connecticut in 1996. He joined the faculty at Bentley in 1996 and has remained there. At Bentley, he serves as the coordinator for all audit and assurance curriculum matters. His off-campus commitments include consulting with the Audit Learning and Development group at KPMG. Professor Thibodeaus scholarship focuses on audit judgment and decision making and audit education. He is a coauthor of two textbooks and has written more than 40 book chapters and articles for academics and practitioners in journals such as Auditing: A Journal of Practice & Theory, Accounting Horizons, and Issues in Accounting Education. Professor Thibodeau served as the President of the Auditing Section of the American Accounting Association for the 2014/2015 academic year. He served on the Executive Committee for the Auditing Section from 2008 to 2010. He has received national recognition for his work five times. First, for his thesis, winning the 1996 Outstanding Doctoral Dissertation Award presented by the ABO section of the AAA. Three other times, for curriculum innovation, winning the 2001 Joint AICPA/AAA Collaboration Award, the 2003 Innovation in Assurance Education Award, and the 2016 Forensic Accounting Teaching Innovation Award. Finally, for outstanding service, receiving a Special Service Award from the Auditing Section for his work in helping to create the Access to Auditors program sponsored by the Center for Audit Quality.

Table of Contents

PREFACESECTION 1ETHICS AND PROFESSIONAL RESPONSIBILITY Case 1.1Enron: A Focus on Independence and EthicsCase 1.2Enron: A Focus on Quality AssuranceCase 1.3Waste Management: A Focus on Ethics and Due Professional CareCase 1.4WorldCom: A Focus on Professional ResponsibilityCase 1.5Sunbeam: A Focus on Ethics and Due Professional CareCase 1.6The Funds of Funds: A Focus on IndependenceCase 1.7The Funds of Funds: A Focus on Client ConfidentialitySECTION 2UNDERSTANDING THE CLIENT'S BUSINESS AND INDUSTRYCase 2.1Enron: A Focus on Fraud and Inherent Risk AssessmentCase 2.2Waste Management: A Focus on Fraud and Inherent Risk AssessmentCase 2.3WorldCom: A Focus on Fraud and Inherent Risk AssessmentCase 2.4Sunbeam: A Focus on Fraud and Inherent Risk AssessmentCase 2.5Qwest: A Focus on Fraud and Inherent Risk AssessmentCase 2.6The Baptist Foundation of Arizona: A Focus on Fraud and Inherent Risk AssessmentCase 2.7The Funds of Funds: A Focus on Fraud & Inherent Risk Assessment SECTION 3INTERNAL CONTROL SYSTEMSCase 3.1 Enron: A Focus on Company Level ControlsCase 3.2Waste Management: A Focus on Company Level ControlsCase 3.3Waste Management: A Focus on General Computing ControlsCase 3.4The Baptist Foundation of Arizona: A Focus on Company Level Controls Case 3.5The Funds of Funds: A Focus on Company Level ControlsCase 3.6WorldCom: A Focus on Internal ControlsCase 3.7WorldCom: A Focus on Internal AuditCase 3.8Qwest: A Focus on Company Level ControlsCase 3.9Waste Management: A Focus on Top-Side Adjustments Case 3.10The Baptist Foundation of Arizona: A Focus on Period-End Financial Reporting ProcessSECTION 4AUDIT OF ACCOUNTS, PROCESSES, AND ASSERTIONSCase 4.1Enron: A Focus on Evidence - Chewco Special Purpose EntityCase 4.2Qwest: A Focus on Evidence - IRU Swap TransactionsCase 4.3Enron: A Focus on Revenue RecognitionCase 4.4Waste Management: A Focus on Capitalization of ExpensesCase 4.5Waste Management: A Focus on Depreciation and AmortizationCase 4.6WorldCom: A Focus on Line Cost Accruals Case 4.7Sunbeam: A Focus on Restructuring ReservesCase 4.8Sunbeam: A Focus on Revenue RecognitionCase 4.9Qwest: A Focus on Revenue RecognitionCase 4.10The Baptist Foundation of Arizona: A Focus on Presentation and Disclosure Case 4.11Qwest: A Focus on Presentation and DisclosureAPPENDIX A COMPANY CASESCase A.1EnronCase A.2Waste ManagementCase A.3WorldComCase A.4SunbeamCase A.5QwestCase A.6The Baptist Foundation of ArizonaCase A.7The Funds of FundsAPPENDIX BFINANCIAL STATEMENTSCase B.1Waste ManagementCase B.2WorldComCase B.3SunbeamCase B.4QwestINDEX

Additional information

CIN007352669XG
9780073526690
007352669X
Auditing After Sarbanes-Oxley by Jay Thibodeau
Used - Good
Paperback
McGraw-Hill Education - Europe
2006-02-16
288
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

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