First Securities Company of Chicago

Essay specific features

 

Issue:

Business

 

Written by:

Jeannie B

 

Date added:

June 25, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 759

 

Was viewed:

5995 times

 

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Essay content:

Under present technical standards, would auditors be required to disclose a company policy similar to Nay's mail rule that they discover during an audit? Explain. Assuming such disclosure had been required at the time this case took place, would that disclosure have resulted in the mail rule being discontinued? Under present technical standards, auditors are required to disclose company policy similar to Nay's mail rule, and it's important for auditor to be aware and further investigate unreasonable or doubtful company policy if it leads to internal control weakness or possibly fraud scheme...
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Under present technical standards, would auditors be required to disclose a company policy similar to Nay's mail rule that they discover during an audit? Explain. Assuming such disclosure had been required at the time this case took place, would that disclosure have resulted in the mail rule being discontinued? Under present technical standards, auditors are required to disclose company policy similar to Nay's mail rule, and it's important for auditor to be aware and further investigate unreasonable or doubtful company policy if it leads to internal control weakness or possibly fraud scheme...
displayed 300 characters

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