Question

Can I get solutions to the Longtop Financial Knapp Case?

Answer 1

The tenth edition of Knapp’s CONTEMPORARY AUDITING utilizes real-world cases to

highlight the work environment of auditors. Using real-world examples and pointing out

potential red flags, these cases help users to identify audit problem areas. Knapp’s

CONTEMPORARY AUDITING contains the most recent, compelling, and up-to-date

examples. Those cases most widely used by adopters have been retained: Enron

Corporation, Golden Bear Golf, Hopkins v. Price Waterhouse, Lehman Brothers, Leigh

Ann Walker, Madoff Securities, The Trolley Dodgers, and ZZZZ Best Company. Many of

the “returning” cases have been updated to include relevant circumstances and events

that have occurred since the publication of the previous edition. This edition features 18

new cases. Three of them are comprehensive cases: AA Capital Partners, DHB

Industries, and Navistar International Corporation. New cases in the Audits of High-Risk

Accounts section include LocatePlus Holdings Corporation, Powder River Petroleum

International, and Take-Two Interactive Software. The sections of the book that focus

on ethical issues have three new cases: Accuhealth, Dell, and Wichita Falls. Section 5,

Ethical Responsibilities of Independent Auditors, has new cases on IPOC International

Growth Fund, Richard Grimes, Staff Accountant, and Ryden Trucking. The final new

case is an international case, Longtop Financial Technologies Limited. The tenth edition

fully integrates all recent risk assessment standards recently adopted by the auditing

community.