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This Tutorial contains 2 Different Papers
Review the Cardillo Travel Systems case, located in Chapter 6 of
your textbook.
Write a four to five (4-5) page paper in which you:
Explain the Securities and Exchange Commission’s rationale to
charge Cardillo executives with each of the following violations:
a. making false representations to outside auditors
b. failing to maintain accurate financial records
c. failing to file prompt financial reports with the SEC
d. violating the insider trading provisions of the federal securities
laws
Determine who was in violation or compliance of the AICPA’s Code
of Professional Conduct in this case study and analyze the key
reasons why they were or were not in compliance. Provide support
for the rationale.
Analyze the actions taken by Cardillo’s outside auditors and
evaluate the level of efficiency of the audit risk management in this
case study. Provide support for the rationale.
Determine whether or not the five (5) components of internal
control were being followed. Support the response with at least two
(2) examples.
Create an argument for or against whether auditors have a
responsibility to assess the judgment of the decisions made by
Cardillo’s management. Support the argument.
Use at least two (2) quality academic resources in this assignment.
Note: Wikipedia and similar type Websites do not qualify as
academic resources.
Your assignment must follow these formatting requirements: