Dewey, Wright, and Moore have just been approached by a new client, AV Imports and Exports, a company that trades goods with various countries. You are in charge of an audit engagement.

 

AV Imports and Exports is a publicly traded company that does several billions of dollars of business every year. As partner at Dewey, Wright, and Moore, you understand the ramifications of the audit of a company of this size. Regulation is stringent, and the impact on the firm, as well as on the society, can be substantial if the audit fails.

 

As you have interns and first year staff assisting you with this audit, it is important that they are educated on the risk, the regulation that governs the audit, as well as both the client and firm conducting the audit. The Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB) are the major regulators of concern. To educate your staff on regulation and importance of conducting the audit properly, you instruct them to do the following exercise.

 

Visit the PCAOB Web site (http://www.pcaobus.org/) and the U.S. SEC Web site (http://www.sec.gov/). Review the reporting requirements for publicly traded companies, including Sarbanes-Oxley (SOX) requirements. Analyze the impact of the reporting requirements on the auditing profession.

 

In an 8-10 page paper, respond to the following:

 

• Explain how PCAOB and SEC have benefited the investor.
• Evaluate whether more regulation is required.
• Use online library resources to locate a case covering a CPA firm or public accounting firm involved in an audit failure. Explain whether or not you feel professional standards were appropriately applied in this case. Present the information in such a way that your staff can understand the significance of always maintaining the highest in professional standards.
• The overall risk assessment is now complete. As a part of planning the audit, you need to select an appropriate audit strategy for obtaining sufficient evidence for each significant financial statement assertion. The strategies are based on the interrelationships among evidence, materiality, and the components of audit risk.
  Define the term preliminary audit strategy.
• Summarize information about preliminary audit strategy from scholarly sources and cite the sources.
• Describe the components that should be specified in developing a preliminary audit strategy for your client and explain how the strategy relates to the audit risk model.

 

Give reasons for your assertions and format your paper in APA. You should have at least 6 outside sources in addition to your textbook and websites given above.

 

Read the “Memorial Hospital” case study in Chapter 4 of your text. In a three- to four-page paper, respond to the guided response below. 

• Discuss ways that a hospital might measure quality. Be sure to explain your reasoning.
• Explain the potential costs and failures of quality for Memorial Hospital and discuss how each can be measured.
• Discuss ideas or techniques from TQM that Janice could use to help Memorial focus on providing quality health care.
• Analyze the methods Memorial could use to assess the quality of health care it is providing.

Your paper should be in paragraph form (avoid the use of bullet points) and supported with the concepts outlined in your text and additional scholarly sources.

Submit your three- to four-page paper (not including the title and reference pages). Your paper must be formatted according to APA style as outlined in the Ashford Writing Center and must cite at least three scholarly sources in addition to the textbook.

 

 

Memorial Hospital

Memorial Hospital is a privately owned 600-bed facility. The hospital provides a broad range of health care services, including complete laboratoryand X-ray facilities, an emergency room, an intensive care unit, a cardiac care unit, and a psychiatric ward. Most of these services are provided byseveral other hospitals in the metropolitan area. Memorial has purposely avoided getting involved in any specialized fields of medicine or obtainingvery specialized diagnostic equipment because it was felt that such services would not be cost-effective. The General Hospital, located only a fewmiles from Memorial, is affiliated with the local School of Medicine and offers up-to-date services in those specialized areas. Instead of trying tocompete with General Hospital to provide special services, Memorial Hospital has concentrated on offering high-quality general health care at anaffordable price. Compared with the much larger General Hospital, Memorial stresses close personal attention to each patient from a nursing staffthat cares about its work. In fact, the hospital has begun to place ads in newspapers and on television, stressing its patient-oriented care.

However, the hospital’s administrator, Janice Fry, is concerned about whether the hospital can really deliver on its promises, and worries that failureto provide the level of health care patients expect could drive patients away. Janice met recently with the hospital’s managerial personnel to discussher concerns. The meeting raised some questions about how the hospital’s quality of health care could be assured. Jessica Tu, director of nursing,raised the question, “How do we measure the quality of health care? Do we give patients a questionnaire when they leave, asking if they werehappy here? That does not seem to answer the question because we could make a patient happy, but give them lousy health care.” Several otherquestions were asked concerning the hospital’s efforts to keep costs down. Some people were concerned that an emphasis on costs would bedetrimental to quality. They argued that when a person’s life is at stake, costs should not be of concern.

After the meeting, Janice began thinking about these questions. She remembered reading recently that some companies were using total qualitymanagement (TQM) to improve their quality. She liked the idea—if it could be used in a hospital.

 

1. Discuss some ways that a hospital might measure quality. 

1. What are the potential costs of quality for Memorial Hospital? How could the value of a human life be included? 

1. Are there any ideas or techniques from TQM that Janice could use to help Memorial focus on providing quality health care? 

1. What measures could Memorial use to assess the quality of health care it is providing?

Different School Models

Part One: There is a range of school models that exist within our school communities, all of which have the goal of helping students achieve their potential. You will need to interview two teachers, principals, or teaching support staff members from two different schools to complete this assignment. Although it is not necessary, you should try to visit each site. Each school must be a different school model as discussed in the readings. Compare and contrast the two schools based on what you learn from your visits and/or interviews. The goal is to analyze the two different school models, compare the type of teaching and learning that occurs within each, understand what each school has identified as a priority, and understand what each school or classroom has determined is the top issue(s). In addition to identifying key statistics, such as the type of school, demographics, and student-to-teacher ratio, use the following questions as a guide for your observation/interview:

1. What are the most important issues you currently face in ensuring all students achieve their potential? 
   
2. How are you addressing these issues? 
   
3. What role does technology play in classrooms to support teaching and learning? 
   
4. If you had to choose one subject area that your students need the most support in mastering, what would it be? 
   
5. What do you see as the most important skills to be taught? 
   
6. How would you identify 21st-century skills? 
   
7. How would you describe the teaching in your classroom? 
   
8. What role do you see students having in the teaching and learning process? Teachers? 
   
9. How has teaching changed over the years? 
   
10. What are the key issues you currently face? 
    

Part Two: Place the information you glean from your interviews in a chart similar to the one below. This project is designed to give you insights into the real-life issues, topics, and complexities that practitioners address daily while also providing a forum for you to reflect on your beliefs and practices. Once the chart is complete, you should include a two- to three-page summary, identifying the implications of what you gleaned from your research on your own practice. Questions to consider in your summary are:

1. What did you learn from the visits? 
   
2. What are the implications for your own teaching and learning? Your philosophy of education? 
   
3. What areas of new knowledge do you plan to explore? 
   
4. How was your thinking different or similar? 
   
5. How would you address some of the issues in your classroom? 
   
6. How would you prioritize the work in these classrooms if you were the teacher? 
   
7. What role could technology play in assisting with the work? 
   
8. Reflect on the ISTE Standards for Teachers you reviewed last week and share any insights related to your research.

Please support your claims and assertions with the literature and information from the interview. For your references, you should use the course textbook, the videos, and resources for this week, as well as at least two peer-reviewed articles . This assignment should be three to five pages in length plus a title page and reference page. Be sure to also save a copy of your assignment for your Final Project and for future professional development.

Put yourself in the position of an entrepreneur who is developing a new product to introduce into the market. Briefly describe the product. Then develop the segmentation, targeting, and positioning strategy for marketing the new product. Be sure to discuss:

1. The overall strategy
2. Characteristics of the target market
3. Why that target market is attractive
4. The positioning strategy

Provide justifications, in the form of research, for your decisions and include at least three references to credible sources outside of the course and its required readings/ media. (The CSU-Global Library is a good place to find credible sources.)

Your paper should be 2-3 pages in length, well written, and formatted according to CSU-Global Guide to Writing and APA Requirements.