Questions from General Auditing


Q: Southeast Shoe Distributor (SSD) is a closely owned business that

Southeast Shoe Distributor (SSD) is a closely owned business that was founded 10 years ago by Stewart Green and Paul Williams. SSD is a distributor that purchases and sells men’s, wo...

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Q: After being in business for only two years, Your 1040 Return

After being in business for only two years, Your 1040 Return.com has quickly become a leading provider of online income tax preparation and filing services for individual taxpayers. Steven Chicago fou...

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Q: Southeast Shoe Distributor (SSD) is a closely owned business that

Southeast Shoe Distributor (SSD) is a closely owned business that was founded 10 years ago by Stewart Green and Paul Williams. SSD is a distributor that purchases and sells men’s, wo...

See Answer

Q: Southeast Shoe Distributor (SSD) is a closely owned business founded

Southeast Shoe Distributor (SSD) is a closely owned business founded 10 years ago by Stewart Green and Paul Williams. SSD is a distributor that purchases and resells men’s, women&aci...

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Q: Southeast Shoe Distributor (SSD) is a closely-owned business

Southeast Shoe Distributor (SSD) is a closely-owned business that was founded 10 years ago by Stewart Green and Paul Williams. SSD is a distributor that purchases and resells men’s,...

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Q: The Runners Shop (TRS) was a family-owned business

The Runners Shop (TRS) was a family-owned business founded 17 years ago by Robert and Andrea Johnson. In July of 2018, TRS found itself experiencing a severe cash shortage that forced it to file for b...

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Q: The information below relates to the audit of EyeMax Corporation, a

The information below relates to the audit of EyeMax Corporation, a client with a calendar year-end. EyeMax has debt agreements associated with publicly traded bonds that require audited financial sta...

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Q: Auto Parts, Inc. (“the Company”) manufactures automobile subassemblies

Auto Parts, Inc. (“the Company”) manufactures automobile subassemblies marketed primarily to the large U.S. automakers. The publicly held Company’s unaudited financial statements for the year ended De...

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Q: Spencer and Loveland, LLP is a medium-sized, regional

Spencer and Loveland, LLP is a medium-sized, regional accounting firm based in the western part of the United States. A new client of the firm, K&K, Inc., which manufactures a variety of picture f...

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Q: Scott glanced up at the clock on his office wall. It

Scott glanced up at the clock on his office wall. It read 2:30 P.M. He had scheduled a 3:00 P.M. meeting with George “Hang-ten” Baldwin, chief executive officer of Surfer Dude Duds, Inc. Surfer Dude s...

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