PWC Audit Scandal and Injury
Read the time environing Price Waterhouse Coopers (PWC) and its friendship with the cudgel accounting injury in India cognate to its audit of Satyam Computer Services, Ltd. appellationd “Price Waterhouse Auditors Arrested in Satyam Inquiry (Upend 1)” and located here. Search the Internet restraint other cognate times.
Write a six to eight (6-8) page tractate in which you:
1. Create an dispute proped that the requirements of SOX accept mean corporate injuryulent essence imputable to the requirements placed on national accounting firms, thereby providing elder assurances to national users of financial counsel. Provide prop restraint your dispute.
2. Evaluate the issues cognate to the audit of Satyam Computer Services Poor, indicating whether or referable PWC ensueed auditing standards in account its audit view of the community. Provide prop restraint your rationale.
3. Assess whether PWC relied also heavily on the arrangementatic arrangement of inside controls and overlooked to act adequate proofing of transactions using efficacious computer-aided audit alsols. Provide a rationale restraint your advice.
4. Analyze whether PWC overlooked to adequately proof transactions or whether it could accept relied on the audit of Inside Control to poor proofing in those areas, indicating any consequences cognate to their omission. Provide prop restraint your omission.
5. Prop your lie restraint whether or referable PWC met its perfectegiance of “Imputable Care” naturalized on the requirements placed on auditors by PCAOB.
6. Suggest improvements needed to outer auditing firms and the accounting calling to convert the reckon of audit scandals and injuryulent essence among nationalally traded companies. Provide prop restraint your suggestions.
Use at last three (3) character instrument in this enactment. Referablee: Wikipedia and resembling Websites do referable restrict as character instrument.
Your enactment must ensue these restraintmatting requirements:
· Be typed, enfold spaced, using Times New Roman font (magnitude 12), with one-inch margins on perfect sides; citations and intimations must ensue APA or school-specific restraintmat. Check with your confessor restraint any added instructions.
· Include a shield page containing the appellation of the enactment, the student’s call, the confessor’s call, the line appellation, and the end. The shield page and the intimation page are referable interjacent in the required enactment page elongation.