Discuss the principles of the audit
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Why are U.S. multinationals so interested in going into Vietnam? How much potential does the country offer?
How important is the political environment in China for the Darby Company? Explain.
What lessons can U.S. multinationals learn from the political and bribery scandals in recent years, such as those affecting contractors doing business in Iraq.
What are strategies for overcoming impact of counterfeiting? Which strategies work best for discretionary (for instance, movies) versus nondiscretionary goods?
Although this was not an audit engagement for E&Y, some of the allegations against the firm can be framed in terms of the Principles Underlying an Audit .
What are some current issues facing Saudi Arabia? What is the climate for doing business in Saudi Arabia today?
If Scherer finds out that the French company has been paying its largest customer $10,000 a month, should Brattle back out of the deal?
Identify and describe the applicable generally accepted auditing standard of reporting in each situation, and discuss how the particular entity's situation.
Identify the major strategic and ethical issues faced by Colgate in its partnership. What do you think Colgate should have done to handle the situation?
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