Solution Manual for Contemporary Auditing 9th Edition by Michael Knapp 1133710425 9781133710424

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ISBN-10: 1133710425

ISBN-13: 9781133710424

Author:  Michael C.Knapp

The Ninth Edition of Knapp’s CONTEMPORARY AUDITING: REAL ISSUES AND CASES utilizes real-world cases to highlight the work environment of auditors. These cases help students to identify audit problem areas by using real-world examples and pointing out potential red flags. With thirteen new cases, Knapp’s CONTEMPORARY AUDITING: REAL ISSUES AND CASES contains the most recent, compelling, and up-to-date examples, including Lehman Brothers Holdings Inc., First Keystone Bank, Foamex International Inc., Phillips Petroleum Company, and Freescale Semiconductor Inc.

 

Contemporary Auditing 9th Table of contents:

SECTION 1 Comprehensive Cases 1
 1.1 Enron Corporation 3
 1.2 Lehman Brothers Holdings, Inc. 23
 1.3 Just for FEET, Inc. 39
 1.4 Health Management, Inc. 53
 1.5 The Leslie Fay Companies 71
 1.6 NextCard, Inc. 83
 1.7 Lincoln Savings and Loan Association 93
 1.8 Crazy Eddie, Inc. 107
 1.9 ZZZZ Best Company, Inc. 117
 1.10 Gemstar-TV Guide International, Inc. 131
 1.11 New Century Financial Corporation 143
 1.12 Madoff Securities 161

SECTION 2 Audits of High-Risk Accounts 171
2.1 Jack Greenberg, Inc. 173
2.2 Golden Bear Golf, Inc. 181
2.3 Happiness Express, Inc. 189
2.4 General Motors Company 197
2.5 Lipper Holdings, LLC 203
2.6 CBI Holding Company, Inc. 211
2.7 Geo Securities, Inc. 217
2.8 Belot Enterprises 221
2.9 Regina Company, Inc. 227

SECTION 3 Internal Control Issues 235
3.1 The Trolley Dodgers 237
3.2 Howard Street Jewelers, Inc. 239
3.3 United Way of America 241
3.4 First Keystone Bank 247
3.5 Goodner Brothers, Inc. 251
3.6 Buranello’s Ristorante 259
3.7 Foamex International Inc. 265

SECTION 4 Ethical Responsibilities of Accountants 269
4.1 Creve Couer Pizza, Inc. 271
4.2 F&C International, Inc. 275
4.3 Suzette Washington, Accounting Major 279
4.4 Freescale Semiconductor, Inc. 281
4.5 Wiley Jackson, Accounting Major 285
4.6 Arvel Smart, Accounting Major 287
4.7 David Quinn, Tax Accountant 289

SECTION 5 Ethical Responsibilities of Independent Auditors 293
5.1 Cardillo Travel Systems, Inc. 295
5.2 American International Group, Inc. 301
5.3 The North Face, Inc. 305
5.4 Waverly Holland, Audit Senior 313
5.5 Phillips Petroleum Company 319
5.6 American Fuel & Supply Company, Inc. 323

SECTION 6 Professional Roles 327
6.1 Leigh Ann Walker, Staff Accountant 329
6.2 Bill DeBurger, In-Charge Accountant 331
6.3 Hamilton Wong, In-Charge Accountant 335
6.4 Tommy O’Connell, Audit Senior 33
6.5 Avis Love, Staff Accountant 343
6.6 Charles Tollison, Audit Manager 347

SECTION 7 Professional Issues 351
7.1 Ligand Pharmaceuticals 353
7.2 Sarah Russell, Staff Accountant 359
7.3 Bud Carriker, Audit Senior 363
7.4 Hopkins v. Price Waterhouse 369
7.5 Fred Stern & Company, Inc.
(Ultramares Corporation v. Touche et al.) 377
7.6 First Securities Company of Chicago
(Ernst & Ernst v. Hochfelder et al.) 385

SECTION 8 International Cases 391
8.1 Livent, Inc. 393
8.2 Parmalat Finanziaria, S.p.A. 407
8.3 Kansayaku 421
8.4 Registered Auditors, South Africa 431
8.5 Zuan Yan 443
8.6 Kaset Thai Sugar Company 455
8.7 Republic of Somalia 459
8.8 OAO Gazprom 463
8.9 Societe Generale 477
8.10 Institute of Chartered Accountants of India 493
8.11 Republic of the Sudan 505
8.12 Shari’a 511
8.13 Mohamed Salem El-Hadad, Internal Auditor 521
8.14 Tae Kwang Vina 527

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