Auditing Assurance & Services ACC707 Individual Assignment

Auditing Assurance Services ACC707 Individual Assignment

Auditing Assurance & Services ACC707 Individual Assignment

This auditing assurance services individual assignment is a part of third trimester requires knowledge of accounting and statistics. Scholar has to implementing auditing techniques. To fulfill the requirements of this assignment, you have to write a report with financial background.

Research Question

Auditors’ Liability
You work in a chartered accounting firm and your partner, Sally Smith, has asked you to do some research and write a report to update her about the potential liability that auditors face as a result of the global financial crisis. The issue arose when a neighbour mentioned to Sally at the weekend that a global accounting firm has had a class action lodged against it over the collapse of Lehman Brothers.

Required

Using the reference materials available on the internet, research the topic and prepare a report for Sally, fully referenced and up to 2500 words. Minimum of 8 academic references is required.
Due Date: Week 10 - 5:00 pm Wednesday of Week 10.
Submission:Upload soft copy of Word .doc or .docx to Turnitin and Moodle via KOI’s Moodle subject homepage.
The report should include title page, executive summary, table of contents, appropriate headings and sub headings, recommendations, reference list (Harvard – Anglia style), attachments if  relevant. Single spaced, font Times New Roman 12pt
The marking guide will be as follows:

  • 30% Analysis
  • 30% Research – extent and application
  • 20% Recommendations/conclusions
  • 20% Presentation

Total mark will be scaled to a mark out of 30 subject marks.
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