Zoom Snowboards Incorporated: Understanding the Impact of Management Decisions on the Audit Plan

Zoom Snowboards Incorporated is a fictitious Canadian private company in the snowboard industry. While the company is fictitious, many of the facts are adopted from actual snowboard companies. The overall goal of this case is to give the students an opportunity to develop their ability to perform a...

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Veröffentlicht in:Issues in accounting education 2012-11, Vol.27 (4), p.1193-1213
1. Verfasser: Jones, Joanne C.
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description Zoom Snowboards Incorporated is a fictitious Canadian private company in the snowboard industry. While the company is fictitious, many of the facts are adopted from actual snowboard companies. The overall goal of this case is to give the students an opportunity to develop their ability to perform a rigorous analysis of an assurance case with multiple issues. Students assume the role of audit senior and are asked to prepare an audit planning memo for the partner. In order to perform a rigorous analysis, students will need to consider the broader issues related to business strategy, risk management, and corporate governance, as well as the regular components of an audit planning memo. Students will also need to consider how the various requests from client management, the bank, and the audit committee impact the financial statement audit as they are preparing their planning memo.
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identifier ISSN: 0739-3172
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source Business Source Complete
subjects Audit risk
Auditing
Boards of directors
Corporate governance
Customer feedback
Design
Financial Audits
Financial statements
Governance
Governing Boards
Impact analysis
Internal controls
Planning
Product development
Skiing
Snowboarding
Snowboards
Students
title Zoom Snowboards Incorporated: Understanding the Impact of Management Decisions on the Audit Plan
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