Introductory Audit Homework Handouts: A Bridge from Class to Auditors' Professional Responsibilities

2017 ◽  
Vol 11 (2) ◽  
pp. I1-I21 ◽  
Author(s):  
James Hansen
Keyword(s):  
Real World ◽  
Ethical Dilemmas ◽  
Class Discussion ◽  
Professional Responsibilities ◽  
Auditor Switches

SUMMARY Three Homework Handouts are presented for use by instructors in undergraduate or graduate introductory audit courses. The Homework Handouts give students an opportunity to bridge the material they are learning in class to real-world situations they may be facing in the auditing profession. The Homework Handouts focus on auditor switches, independence, ethical dilemmas, and PCAOB inspection reports. Students complete the Homework Handouts throughout a semester of introductory audit. After completing each assignment, students should be ready for class discussion.

Brewing Up Controversy: A Case Exploring the Ethics of Corporate Tax Planning

2015 ◽  
Vol 30 (4) ◽  
pp. 311-327 ◽  
Author(s):  
Megan F. Hess ◽  
Raquel Meyer Alexander
Keyword(s):  
Real World ◽  
Ethical Issues ◽  
Tax Avoidance ◽  
Tax Planning ◽  
Learning Assessment ◽  
Class Discussion ◽  
Corporate Tax ◽  
Tax Havens ◽  
Multinational Organizations ◽  
The U.S

ABSTRACT This instructional case explores the ethical issues surrounding the corporate tax-planning and tax-avoidance strategies of multinational organizations. Drawing on the real-world experiences of SABMiller, one of the world's largest beverage companies, this case provides a launching point for students to consider the ethics of corporate tax planning. The ethics of multinational tax practices, especially the use of tax havens, has recently become the focus of media and legislative debate in both the U.S. and the U.K., and many well-respected companies, such as General Electric, Apple Inc., and Starbucks are now feeling the pressure to reform. In a post-case learning assessment, students demonstrated significant improvement in their understanding and indicated that they enjoyed discussing this controversial issue. The “Implementation Guidance” section and Teaching Notes offer guidance for in-class discussion of the ethical and tax issues in this case.

The Reel Wheel: Using Analytical Procedures as Substantive Tests of Account Balances

2019 ◽  
Vol 35 (1) ◽  
pp. 13-24
Author(s):  
Jason L. Smith ◽  
Nathaniel M. Stephens
Keyword(s):  
Real World ◽  
Data Aggregation ◽  
Class Discussion ◽  
Factors Affecting ◽  
Auditing Standards ◽  
Analytical Procedures ◽  
Class Assignment ◽  
Substantive Analytical Procedures

ABSTRACT This case provides students an introductory experience to substantive analytical procedures in a realistic audit setting. Students are presented with a scenario, adapted from a real-world example, requiring them to (1) research relevant auditing standards, (2) develop an independent expectation for a client's revenue account, and (3) consider the precision of the estimate, additional audit procedures, and the reliability of the underlying data and evidence obtained. In completing the case, students will learn to: (1) explain the benefits and challenges of using substantive analytical procedures, (2) research relevant auditing standards, (3) create and analyze relevant substantive analytics, (4) evaluate the appropriateness of data aggregation in substantive analytical procedures, and (5) discuss factors affecting the reliability of data used by the auditor. The case is typically assigned as an out-of-class assignment, combined with a subsequent in-class discussion. It can be used in either undergraduate or graduate auditing courses.

Negotiating for Fertilizer

2017 ◽  
pp. 1-17
Author(s):  
Jeanne Brett ◽  
Katherine Nelson ◽  
Nicole Tilzer
Keyword(s):  
Real World ◽  
Negotiation Process ◽  
Class Discussion ◽  
Small Farmers ◽  
Farm Families ◽  
Negotiation Strategy ◽  
External Relations ◽  
Cultural Implications ◽  
Multiple Issues ◽  
Land Holdings

One Acre Fund (OAF) was founded by Andrew Youn in 2005 for the purpose of helping to solve the chronic hunger problem in Africa. The idea is to provide the resources (seed, fertilizer, and education) necessary for African farm families to feed themselves when their land holdings are one acre or less. The business model of OAF is that of a cooperative: OAF buys resources like seeds and fertilizer in bulk at reduced prices and distributes them to small farmers who otherwise could not afford them. This case concerns the negotiation that OAF's manager of external relations and research, Moises Postigo, conducted to buy fertilizer in the last quarter of 2007. The case provides an opportunity for students to analyze a real-world deal-making negotiation in a developing economy. A number of aspects of the context of the negotiation and the negotiation process itself make for good class discussion. Postigo did a good job preparing for the negotiation, making the case one that emphasizes proper use of negotiation planning and sensitive understanding of the negotiation environment. Some of the elements that make for good discussion include the following: OAF was a new organization, unknown to the five major providers of fertilizer in Kenya. The negotiations were entirely conducted by cell phone. Negotiations went through stages of request for a bid, discussion with multiple bidders, selection of a provider, and negotiation. There were multiple issues, including price delivery and form of payment. Postigo was negotiating in the shadow of the possibility that the Kenyan government would start selling subsidized fertilizer to small farmers.Analyze the fundamentals of a real-world negotiation; Consider cultural implications for negotiation strategy; Consider negotiation strategy decisions particular to the context: commodity purchase, developing country, etc. Understand how the economic and political context affects negotiations; Understand the importance of relationships in negotiations.

scholarly journals Four Questions For Analyzing The Right-Versus-Right Dilemmas Of Managers

2011 ◽  
Vol 6 (3) ◽  
Author(s):  
David S. Christensen ◽  
Robin Boneck
Keyword(s):  
Business Ethics ◽  
Ethical Dilemmas ◽  
Personal Values ◽  
Defining Moments ◽  
Professional Responsibilities ◽  
The Right

Ethics dilemmas are different than moral temptations. The former involve right-versus-right problems. The latter are right-versus-wrong problems. Although both problems are found in business, ethics dilemmas can be defining moments in the lives of managers, where professional responsibilities collide with personal values. In this case study, students use four questions developed by Badaracco (1992) as a framework for analyzing and resolving real ethical dilemmas.  

Emerging Ethical Issues in Police and Public Safety Psychology

2021 ◽  
pp. 1534-1554
Author(s):  
Jeni L. McCutcheon
Keyword(s):  
Real World ◽  
Public Safety ◽  
Ethical Issues ◽  
Ethical Dilemmas ◽  
American Psychological Association ◽  
Codes Of Conduct ◽  
Ethical Principles ◽  
American Psychological ◽  
Principles And Standards

This chapter presents commonly experienced ethical dilemmas among police and public safety psychologists. Real-world, relevant examples are offered with an emphasis on emerging ethical issues. Related American Psychological Association (APA) ethical principles and standards for psychologists and codes of conduct are highlighted. The possibility that ethical dilemmas go unrecognized due to a focus on mandatory rather than aspirational ethics is considered. Solutions for resolving ethical dilemmas are presented.

scholarly journals Corporate Acquisition Through Bankruptcy Auctions

2011 ◽  
Vol 2 (1) ◽  
Author(s):  
Ted Azarmi ◽  
Christine Haecker
Keyword(s):  
Optimal Design ◽  
Real World ◽  
Private Equity ◽  
Class Discussion ◽  
Sale Price ◽  
Trade Associations ◽  
Trade Magazines ◽  
Bidding Process

The objective of this case is to teach and initiate a class discussion about how to find potential buyers for a bankrupt firm. The discussion is facilitated by a real world case example that focuses on strategies based on use of databases such as D&B or Sorkins, trade associations networks, trade magazines, information on recent industry acquisitions, and use of private equity groups. Issues relevant to optimal design of a bankruptcy auction and the required bidding process for achieving an optimal sale price are also addressed.

scholarly journals The Primex Proposal, Minimum Bid Price Requirements, And NASDAQ Market Woes

2004 ◽  
Vol 1 (1) ◽  
Author(s):  
Ted Azarmi ◽  
SungSup (Brian) Choi ◽  
Christine Haecker
Keyword(s):  
Real World ◽  
Class Discussion ◽  
Market Place ◽  
Bid Price

The objective of this case is to teach and initiate a class discussion about the Primex proposal and minimum bid price requirements at NASDAQ.  The discussion is facilitated by a real world case example that focuses on current NASDAQ market woes.  Issues central to the performance of NASDAQ as a market place are analyzed.  In addition, this study considers the effect of the merger of Instinet and Island on NASDAQ and evaluates NASDAQ's IPO decision.

Emerging Ethical Issues in Police and Public Safety Psychology

2017 ◽  
pp. 314-334 ◽  
Author(s):  
Jeni L. McCutcheon
Keyword(s):  
Real World ◽  
Public Safety ◽  
Ethical Issues ◽  
Ethical Dilemmas ◽  
American Psychological Association ◽  
Codes Of Conduct ◽  
Ethical Principles ◽  
American Psychological ◽  
Principles And Standards

This chapter presents commonly experienced ethical dilemmas among police and public safety psychologists. Real-world, relevant examples are offered with an emphasis on emerging ethical issues. Related American Psychological Association (APA) ethical principles and standards for psychologists and codes of conduct are highlighted. The possibility that ethical dilemmas go unrecognized due to a focus on mandatory rather than aspirational ethics is considered. Solutions for resolving ethical dilemmas are presented.

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