ISSUES IN ACCOUNTING EDUCATION Vol. 22, No. 1 February 2007 pp. 79-88 Identifying and Evaluating Audit Issues: The Case of VITALOGISTICS Stephen…

1. Did KPVI’s client-acceptance process follow the applicable standards and regulations?Evaluate the engagement letter in light of the decision in the 1136 Tenants’ case (1136Tenants’ Corp. v. Max Rothenberg & Co., 36 A.D.2d 804, N.Y. App. Div. 1971).2. Identify and discuss the pressures faced by Andy Card, the audit partner. How mightthose pressures affect the decision to accept the client and the performance of the audit?3. Ace Fritz, an audit manager in the office, was left off the audit team because he owned5,000 shares of VITALOGISTICS stock. Is KPVI required to disqualify Ace? Howdoes the analysis change if you assume Ace was (a) a partner? (b) an associate?Planning Phase4. At the team planning meeting in February 20X4, the audit team set overall audit riskat moderate and concluded that detailed testing of all significant balances was stillnecessary. Identify and evaluate the factors relevant to these decisions. Explain whyyou agree or disagree with the decisions made.

Calculate your essay price
(550 words)

Approximate price: $

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)
Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more