Executive Memo To Supervisor

Running Head: decision maker memorandum to Supervisor Executive Memo to Supervisor: Auditing a in public Traded attach to folk 21, 2009 MEMORANDUM TO: John Smith, Supervisor FROM: fitting: September 21, 2009 SUBJECT: Auditing a publically Traded Company Auditing a Publicly Traded Company Support of stakeholders and the transp argonncy within a company’s maintenance of financial statements is an essential part of auditing a in public traded company. Two areas that are in need of intensifier psychoanalysis are reporting of share-based payment proceedings and especial(a) office entities (SPEs). During the risk assessment and audit team grooming forms set a higher risk rate and a impart thoroughly investigate the company’s discussion of these transactions by evaluating share-based payment and SPE reporting; and reviewing the company’s practices to gibe consistency with GAAP. In addition, int ensive analysis should be utilise when considering share-based payment and accounting consolidation as pertaining to SPEs.

Share-Based report In indian lodge to placate employee fiscal demands without surrendering hard cash in the form of increase salaries, many companies now vortex line of merchandise option plans as an alternative form of employee compensation. most often offered to high-ranking administrator officers, stock option plans brook an employee to purchase stock in the company in status of salary payment. Stock options are most enticing when they are offered to the employee at a displace of what the stock is being traded for, to a fault known as the pleasur e ground market prize (Cathey, Clark, Schro! eder, 2005). Although stock option plans receive check since some opine the plans increase the likelihood of falsely high-sounding financial statements, stock option plans are still genuinely popular and depending on the characteristics of...If you want to get a full essay, order it on our website: OrderEssay.net

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