acc562 week 5 discussion 2

Acc562 week 5 - Based on your analysis of the Dollar General Stores case respond to each of the discussion points Discuss the audit procedures that

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Case 5B - Dollar General Stores  Based on your analysis of the “Dollar General Stores” case, respond to each of the discussion points: Discuss the audit procedures that might have detect the improper accounting treatment applied by Dollar General to the transaction with IBM. Discuss the accounting concepts or principles violated by Dollar General in this case. In addition to the parties identified in this case, what other parties bore some degree of responsibility for the improper accounting applied to the Dollar General-IBM transaction? Explain. Discuss the audit procedures that might have detect the improper accounting treatment applied by Dollar General to the transaction with IBM. An auditor should maintain a high degree of inquisitiveness and healthy skepticism about the possibility of fraud by audit clients. The improper accounting treatment applied by Dollar General to the transaction with IBM can be detected during audit procedures through the following suspicious points. First, it is unusual that the approximate remaining book value of the
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This note was uploaded on 02/01/2012 for the course ACCT ACC562 taught by Professor Williamguy during the Fall '10 term at Strayer.

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Acc562 week 5 - Based on your analysis of the Dollar General Stores case respond to each of the discussion points Discuss the audit procedures that

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