Buy Solved ACCT 530 Week 5 Case Study 5-4: Audit Client Considerations


Buy Solved ACCT 530 Week 5 Case Study 5-4 Audit Client Considerations


In this case, an Arizona-based audit firm, Cardinal & Coyote LLP, faces a decision of whether or not to compete for the business of Jost International, a local furniture company. Sharon Rules, the managing partner of the audit firm, was approached to submit a bid for the company’s 2010 year-end audit. Jost implied the audit firm would get the business as long as the bid was reasonable. Rules asked Yancy Corliss, a new audit partner, to assemble and audit team to assess the potential business risk of accepting Jost as an audit client and report back to her within 3 days. The team identified serious concerns about accepting Jost as a new client. …………………………………..


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