Read Befpre signing agreement please Accounting due Friday


These are two separate papers. Each of them should be at least two/three pages double spaced. 



Each of the four Big 4 accounting firms have been caught in some form of unethical behavior in recent times. Chose any one of the firms, identify the case (reported in the last four years i.e. 2011 to 2014) and discuss the facts and the ethical issues involved. Provide a link and attach a copy of the article(s) referenced in your discussion. 



Q1. Discuss the civil liability of auditors to third parties under Federal Securities Laws. Do the auditors have any defenses against suits under such laws?

Q2. What do you understand by ‘management assertions? Discuss one transaction related and one balance related audit objective and relate each to the applicable management assertions. Illustrate with examples.

Your homework submission (all questions combined) should be 2 to 3 pages in length (double spaced, Times New Roman 12 or Arial 10 Font). Post it to ‘Homework 2’ under ‘Assignments’ by 6/28/2015 11:59 PM. Name the document ‘Homework 2_your Last Name’.






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