Individual Paper 2:
Accounting Practical Communications
Select any ONE
of the below situations that a financial professional may face and prepare
the requested letter is described in bold, underlined text.
Format: This individual
paper should be 4-5 pages (not including any title page and reference(s) page)
and be double-spaced in Times New Roman, 12-point font.
1. You
are you a partner of a large public accounting firm preparing to present to
the board audit committee members, CEO, CFO, and controller of a public
company in connection with a request for proposal (RFP) for the annual
financial statement audit? Your firm presently does not perform the audit and
your firm is one of two finalists. Convince the audience that it should award
the contract to you. You should discuss your firm’s qualifications, industry
experience, services, fees, audit approach, audit staff who will service the
account, planned use of the client’s internal audit staff, and other matters you
believe are important. Also, comment on value-added services that your firm
typically provides in a management letter. Convince the audit committee and management
that your audit firm is the best choice.
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