Audit Case Requirements

  1. Select a company that had an audit failure. Professor Miglino must approve all companies selected.
  2. Write a term paper between 8 and 10 pages long, double spaced.
  3. The term paper should include and contain the following information:
    a) Background of the company.
    b) The facts of the audit failure.
    I) What went wrong.
    II) Who uncovered the audit failure and how?
    III) Where were the auditors? What went wrong.
    c) The consequences of the failure.
    I) New auditing standards.
    II) What was the effect on the profession, if anything?
    d) Conclusion

Sample Solution