Part 1: Case Study
Review “The Tyronco Foundation COSO” case study.
Complete the case study questions using the “CLC – Tyronco COSO Case Study Template.”
Part 2: Written Statement
Write a 250-500 word written statement that explains the significance of the case in context of both in this course and in the accounting profession. Address the following in your summary:
What professional auditing standards were included in the case study?
How do the professional auditing standards provide insight to a career in accounting?
How would this help you determine to continue to work with a client?
How does the COSO framework relate to auditing standards?
How would the completion of this exercise impact audit risk?
Submit both the completed case study template and the summary.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.
The Audit Risk Model – YouTube
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