The Cardillo Travel Systems Essay Example for Free

The Cardillo Travel Systems EssayReview the Cardillo Travel Systems case in your textbook. release a four to five (4-5) pageboy paper in which you1. Explain the Securities and Exchange Commissions rationale to charge Cardillo executives with each of the following intrusionsa. making false representations to out of doors auditorsb. failing to maintain accurate financial recordsc. failing to file prompt financial reports with the SECd. violating the insider trading provisions of the federal securities laws2. Determine who was in violation or compliance of the AICPAs Code of Professional Conduct in this case study and analyze the key reasons why they were or were not in compliance. give obligate for the rationale. 3. Analyze the actions taken by Cardillos outside auditors and evaluate the level of efficiency of the audit risk management in this case study. Provide support for the rationale. 4. Determine whether or not the five (5) components of internal control were being fol lowed. Support the response with at least two (2) examples. 5. Create an argument for or against whether auditors have a responsibility to assess the judgment of the decisions made by Cardillos management. Support the argument. 6. Use at least two (2) quality academic resources in this assignment. Note Wikipedia and similar type Websites do not qualify as academic resources. Your assignment must follow these formatting requirementsBe typed, double spaced, apply Times New Roman font (size 12), with one-inch margins on all sides citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the students name, the professors name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are Analyze the forge and regulatory requirementsfor professional ethical decision making. Analyze the critical factors of business, audit, and planning risks, and the process of managing these risks in audit engagements.Analyze an audit framework and assessment process for evaluating the effectiveness of internal controls related to financial reporting. Use technology and information resources to explore issues in auditing. Write clearly and concisely about auditing using proper writing mechanics. Grading for this assignment will be based on dissolve quality, logic / organization of the paper, and language and writing skills, using the following rubric found here.