Original Work please INTEGRATED CASE APPLICATION –PINNACLE MANUFACTURING: PART II 9-37 (Objectives 9-7‚ 9-8) In Part I of the case‚ you performed preliminary analytical procedures for Pinnacle (pp. 245–247). The purpose of Part II is to identify factors influencing risks and the relationship of risks to audit evidence. During the planning phase of the audit‚ you met with Pinnacle’s management team and performed other planning activities. You encounter the following situations that you believe
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\ Pinnacle Foods Inc.: Initial Public Offering MACKK Consulting Group BSAD 444.20 April 1st‚ 2013 Company History Pinnacle Foods Group is a food packaging company specializing in shelf stable and frozen food categories. The company was formed in 1998 as Vlasic Foods International‚ acquiring several food-manufacturing brands such as Swanson TV dinners and Open Pit from the Campbell Soup Company. Pinnacle’s portfolio of iconic brands dates back in existence to the 1800s. The earliest brand
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Andrew Jacot Aviation Safety January 30‚ 2013 Pinnacle Airline Flight 3701 October 14‚ 2004 in Jefferson City‚ Missouri two pilots made a decision that would be fatal. The Captain was Jesse Rhodes and the First Officer was Peter Cesarz and were flying for Pinnacle Airlines. The plane they were flying was a Bombardier CRJ200‚ which is a twin-engine‚ 50 seat regional jet. The pilots had nobody on board so when they took off they immediately had their minds set on reaching 41‚000 feet to become
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Beauty Of Pinnacle At Duxton – An Overview Pinnacle at Duxton is the tallest unique housing project completed in 2009 situated in Singapore.80% of Singapore people living in Government houses. Because constructing a house in Singapore is very costly. Pinnacle is one of the important Government house in Singapore. It is the world’s first housing project that links seven towers with two sky bridges. Pinnacle has two longest sky garden of 500meterplaced in 26th and 50th floor. It have a total of 1848
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owed to them are coming in more quickly. Lastly‚ in order for a company to succeed they need to have a good turnover rate for the inventory which is just what Pinnacle company has. The inventory turnover ratio is low indicating that it is taking fewer days than before to sell inventory. C and D) are on the Excel Spreadsheet labeled Pinnacle Case Study Common-Size Income Statement
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Entrepreneurial Finance Eric Wehrly Hampton Machine Tool Company The questions for the Hampton Machine Tool Company are given below. Please prepare for submission questions 1 and 2 only. That is‚ please submit your balance sheet for December 31‚ 1979 and income statement for the four month period‚ September through December 1979‚ requested in question 2 below (your income statement should not be monthly; it should cover the entire four months). Please also prepare‚ but do not submit‚ the
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PINNACLE MANUFACTURING―PART V ACCT444 Group Project Part 5 S 15-35 a. (Debbie‚ Anhchi‚ and Rachel) Client: Pinnacle Manufacturing Audit Area: Tests of Controls and Substantive Test of Transactions―Acquisitions. Define the Objective(s): What is the objective? Define the population precisely (including stratification‚ if any): What is the population? Define the sampling unit‚ organization of population items‚ and random selection procedures: What is the sampling organization?
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statements: Pinnacle Manufacturing Company is a privately owned‚ however it relays on loans and has a substantial amount of debt. For that reason‚ the financial statements are extremely useful to investors. Pinnacle management is planning to sell their Machine – Tech division if profits don’t increase in the coming years. If Pinnacle sells‚ the financial statements will be extremely important for buyers. The financial statements will be of great importance to investors‚ in case Pinnacle decides
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1. External users’ reliance on financial statements External users rely heavily on the financial statement of Pinnacle Manufacturing. Although‚ Pinnacle manufacturing is a privately held company it incurs a large amount of debt. As a result potential users rely heavily on financial statements. Pinnacle is selling the machine tech division to focus on engine manufacturing‚ the company’s core operations. This causes buyers to also rely heavily on financial statements. In No. 6 the board chooses
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Starnes-Brenner Machine Tool Company–To Bribe or Not to Bribe Several questions should be emphasized in the case; the question of ethics‚ the question of self-reference criterion and a more important question of what role should the marketer play; how much should they try to change the system and how much should they try to become a part of the system. A strong point should be made that in a country where bribery is part of the way of doing business‚ there is an identifiable system of how much
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