Newham-Company-Milestone-Two-Sample-Audit-Scenario-accounting-homework-help

Scenario

The sample audit will consist of three main parts: the business risk analysis, the report of recommendations. sample audit program, and Newham Company Information

Newham Company is a publicly traded company operating in the “ personal product” industry. Newham manufactures cosmetic and body- care products. These products are sold to large department chain stores, such as Target and Walmart, to be sold and distributed to the final consumer. Competitors include Revlon, Inc. (REV–NYSE) and Avon Products, Inc. (AVP -NYSE).

Newham Company has experienced steady growth over the past several years. Recently, there has been a change in executive management, including the CEO and CFO. The change was sparked by questionable bonus payments that were paid to the executive management team based on the company’s performance. In addition, a recent lawsuit has been filed based on claims that a new product was not properly advertised, leading many customers to experience allergic reactions.

Guidelines for Submission: Your paper must be submitted as a 3-4-pages Microsoft Word document with double spacing, 12-point Times New Roman font, one-inch margins, and at least three sources cited in APA format. Round all answers up to the nearest dollar value in any calculations.

 

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