Ac555Wk 2

AC555 Week 2 4-18 a. 1 b. 3 c. 1 4-19 a. 1 b. 3 c. 1 4-20 a. Violation b. No violation c. No violation d. No violation e. No violation f. No violation 4-21 a. manage 101 would apply present unless since Mr. Martinez does non take part in the canvass there is no violation. b. This would be a violation of direct 201 A) because J. Baron has no experience with the clients computer system. c. Ms. Allen violated modernize 102 because she had no documentation to support the deductions on the tax return. d. persist 501 was violated due to the failure to follow requirements of the regulatory squash IASB. e. This would be a violation of Rule 101 because Mr. Wendal is no longer independent since offers insurance to the very clients he does require work for which makes his independence questionable. f. This violates the confidentiality Rule 301 because no prior consent was authorized prior to the disclosure of certain information amongst these awar e public accountants. g. Rule 501 discreditable acts would apply here but there is no violation, whitethornbe just stupidity. h. Rule 101 allows for a CPA home to do both(prenominal) bookkeeping and auditing expediency for a private company. No violation. 5-17 a. 3 b. 4 c. 1 5-18 a.

The president sign(a) a paper stating that no other method was practical and that may be employ in their defense. b. It was only after the audit was completed that this breakthrough was made. c. There is a good fortune that she will be successful in her defense because she has the signed letter by the president. Th is would support her defense. d. If the sui! t was turn ond by the SEC, the firm would have to file an annual report. 5-20 a. This would be false downstairs the Ultramares Doctrine in which the third party cant sue for negligence. b. True, Martinson may be able to prove reconstructive fraud because flat though there was no intention to do ill-use on the parts of Watts and Williams, they did not manoeuver a decent audit. c. True, Martinson does not have a decoct with Watts...If you want to get a full essay, order it on our website: BestEssayCheap.com

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