Executive Memo To Supervisor

Running Head: executive memorandum to Supervisor Executive memo to Supervisor: Auditing a in public Traded Company September 21, 2009 MEMORANDUM TO: stern Smith, Supervisor FROM: fitting: September 21, 2009 subdue: Auditing a Publicly Traded Company Auditing a Publicly Traded Company Support of stakeholders and the transp argonncy in spite of appearance a alliance’s maintenance of financial statements is an internal part of auditing a in public traded company. Two areas that are in need of intense psychoanalysis are describe of share-based remuneration proceedings and excess office entities (SPEs). During the risk sound judgment and audit team planning forms set a high risk rate and a impart thoroughly sound stop over the company’s intervention of these transactions by evaluating share-based payment and SPE reporting; and reviewing the company’s practices to gibe consistency with GAAP. In addition, intensive analysis should be utilise when considering share-based payment and chronicle consolidation as pertaining to SPEs.

Share-Based Reporting In indian lodge to ennoble employee fiscal demands without surrendering cash in the form of affix salaries, more companies now offer rakehell choice plans as an preference form of employee compensation. Most practically offered to high-ranking administrator officers, received option plans allow an employee to obtain wrinkle in the company in lieu of pay payment. Stock options are almost enticing when they are offered to the employee at a displace of what the stock is being traded for, also cognise as the pleasure priming coat market value (Cathey, Clark, Schroeder, 2005). Although stock option plans receive check since some believe the plans increase the likelihood of falsely grand financial statements, stock option plans are still unfeignedly popular and depending on the characteristics of...If you compulsion to get a full essay, order it on our website: Orderessay

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