Select a foreign nation-state and describe a threat to that nation.

Select a foreign nation-state (not the United States) and describe a threat to that nation. The threat can be any of those discussed in this course (conventional threats, non-state actors, terrorism, insurgency, emerging threats, cyber, etc). Briefly provide a background of the threat, what it is, how the nation perceives the threat and how your chosen nation-state has responded to the threat.

Present arguments supporting a decision to accept Tierra Corporation as an audit client.

Tammy Potter, a new partner with the regional CPA firm of Tower & Tower, was recently appointed to the board of directors of a local civic organization. The chairman of the board of the civic organization is Lewis Edmond, who is also the owner of a real estate development firm, Tierra Corporation.

 

Potter was quite excited when Edmond indicated that his corporation needed an audit and he wished to discuss the matter with her. During the discussion, Potter was told that Tierra Corporation needed the audit to obtain a substantial amount of additional financing to acquire another company. Presently, Tierra Corporation is successful, profitable, and committed to growth. The audit fee for the engagement should be substantial.

  1. Present arguments supporting a decision to accept Tierra Corporation as an audit client.

 

  1. Present arguments supporting a decision not to accept Tierra Corporation as an audit client.

 

  1. Assuming that you are Lee Tower, set forth your decision regarding acceptance of the client, identifying those arguments from part (a) or part (b) that you found most persuasive.