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ABC Corporation

ABC Corporation

 

ETH 376 Week 5 Need Original non Plagiarized Essay
Resource: The ABC Corporation Case located on your student website
Write a 750- to 1,050-word paper accomplishing the following:
Describe four types of audit opinions Green and Associates may provide at the conclusion of a corporate financial audit. Specifically, describe and illustrate an unqualified, unqualified with explanatory paragraph, qualified, and adverse opinion. Differentiate between the opinions and provide specific criteria that warrant each type of opinion.
Determine whether the inventory valuation method used by ABC Corporation was legal and compliant with GAAP.
Is the client’s refusal to procure an audit of Internal Controls over Financial Reporting in violation of Sarbanes-Oxley? Why or why not?
In compliance with GAAS, which type of audit opinion should Green and Associates issue?
Discuss the ethical issues involved for ABC Corporation and for Green and Associates.
Format your paper consistent with APA guidelines.

 

 

…………………….Answer preview…………………….

ABC Corporations is a publically traded thus making it an international merchandiser, therefore, it has hired a CPA firm called the Green and Associates to perform their financial audits in their daily external financial operations. The auditing company reviewed the aspects of the corporation finances and they discovered some client’s monthly statement anomalies that made them uneasy…………………………

APA

878 words