Mini-case Collaborative Auditing Incorporated

Collaborative Auditing Incorporated (CAI), a public accounting firm, provides internal auditing services. When a client company contracts with CAI, some CAI auditors pair with client company employees to form two-person auditing teams. Teams complete auditing tasks. During a contract, a manager assigns tasks to each of the two-per son teams. Teams must complete many such tasks before CAI can issue a final risk assessment.

1.An account rep worries that client employees with more experience than auditors might unduly influence the findings. Can she list all teams for a given client where the client employees hire date is earlier than the auditor's?

Mark One: (Yes) (No) (Not Possible to tell from this diagram)

Is it possible to create a team with an auditor now, and wait to assign the client employee?

Mark One: (Yes) (No) (Not Possible to tell from this diagram)

A client has supplied CAI with the list of employees who will participate an audit; however, CAI has not yet decided which auditors will work on this audit. Does the model allow CAI to record the names of the client employees at this time?

Mark One: (Yes) (No) (Not Possible to tell from this diagram)

Does the model allow CAI to make assignments before auditors are paired with client employees?

Mark One: (Yes) (No) (Not Possible to tell from this diagram)

A client has requested a reduction in the scope of a contract. CAI is willing to renegotiate the contract requirements. Can each team list the risk level of each of their remaining assignments?

Mark One: (Yes) (No) (Not Possible to tell from this diagram)

CAI has hired five new auditors. Does the model allow CAI to add new auditors who are not currently a part of any team?

Mark One: (Yes) (No) (Not Possible to tell from this diagram)

A client has requested CA Ito perform work that is not included in the task list. Does the model allow CAI to assign a team to perform that work without creating any new tasks?

Mark One: (Yes) (No) (Not Possible to tell from this diagram)

CAI is considering different approaches for training newly hired auditors. Does the model allow a team to include a client employee and two auditors? Mark One: (Yes) (No) (Not Possible to tell from this diagram)

9. The Account Rep and client on a given contract are working to determine the set of tasks that will be completed to meet the contract requirements. Does the model allow CAI to establish teams before any assignment are made? Mark One: (Yes) (No) (Not Possible to tell from this diagram)

10. Is it possible for a team to be assigned to complete the same task twice? Mark One: (Yes) (No) (Not Possible to tell from this diagram)

CLIENT AUDITOR First Name Last Name Hire Date Cell Phone # CLIENT EMPLOYEE Works For Company Name 01.1City First Name Address Last Name Cell Phone # Hire date Job Title State Phone Contract Begin Date Contract End Date Contract Price TEAM Team Name Date Created ASSIGNMENT Priority Due Date Completion Date Finding Finding Severity Recommendation ACCOUNT REP First Name Last Name Hire Date Commission TASK Contracts with Description Risk Level CLIENT AUDITOR First Name Last Name Hire Date Cell Phone # CLIENT EMPLOYEE Works For Company Name 01.1City First Name Address Last Name Cell Phone # Hire date Job Title State Phone Contract Begin Date Contract End Date Contract Price TEAM Team Name Date Created ASSIGNMENT Priority Due Date Completion Date Finding Finding Severity Recommendation ACCOUNT REP First Name Last Name Hire Date Commission TASK Contracts with Description Risk Level