#1 high-risk financial statement items based on the information given in the case and the data calculated (above), there are multiple high-risk financial statement items for the 1998 audit of just for feet, specifically regarding account balances and presentations and disclosures notably. Just for feet inc was an athletic shoe and sportswear retail store chain headquartered in birmingham, alabama which became one of the largest and fastest growing athletic stores in the united states in 2000 footstar acquired just for feet it closed its last store in 2004. Case 12 just for feet, inc 23 in the fall of 1999, just a few months after reporting a record profit for fiscal 1998, just for feet collapsed and filed for bankruptcy. Transcript of just for feet fraud case just for feet, inc the business strategy: just for feet stores-within-a-store concept each vendor/brand had their own section/display created competition between vendors vendor allowances customer service extensive training course of footwear technology.
Storing feet/inches in db ask question in this case i can't restore to simple fractions as client wants to see store in inches, but in decimals if you want 2 then store 2 but i thought you asked this question because you didn't like the limitations of doing that – aaron bertrand feb 13 '17 at 18:26 | show 2 more comments 2. Only a company representative may request an update for the company profile documentation will be required to contact just for feet, inc, please visit. Find great deals on ebay for just for feet shop with confidence.
By referring to the value of the current ratio found out in the 1st question – 117 days answer 3 the ability of a company to pay its current obligations can be found out from its current ratio which is also known as liquidity ratio 2 just for feet case analysis rewrite uploaded by ester oshin aritonang fin 340 case - ch 2 - just for. 2 list three types of consulting services that audit firms have provided to their audit clients in recent years for each item, indicate the specific threats, if any, that the provision of the given service can pose for an audit firm’s independence. Just for feet operated large, high volume retail stores identify internal control risks common to such businesses how should these risks affect the audit planning decisions for such a client.
Audit of just for feet, inc’s (“just for feet” or the “company”) financial statements for the company’s 1998 fiscal year ended january 30, 1999 (the “1998 financial statements”) 2. Just for feet inc said it will close nearly half of its specialty stores over the next three to four months in an effort to return to profitability. Just for feet, inc, case no 99-04110 in the delaware bankruptcy court. 2 between the plaintiff class, which included swib, and former just for feet, inc employees, officers and/or directors: harold ruttenburg, eric l tyra, peter berman. Just for feet case ac503 unit 3 case study heather friday 2/19/13 questions 1-5: 1 prepare comm buy now to view full solution.
Just for feet, inc just for feet, inc - distinguished super retail store-pitfalls in the late 90s-fraud triangle, financial analysis, red flags - charges against: - executives, vendors, and auditors questions chris drusbosky, alyssa pisano, gregg pizzi, christina serravalli. A second plea in the federal government's fraud case against just for feet inc will raise the charges to $105 million in bogus earnings at the birmingham-based athletic shoe retailer over a. Just for feet 1 based on the information given in the case and the data calculated (above), there are multiple high-risk financial statement items for the 1998 audit of just for feet, specifically regarding account balances and presentations and disclosures. In these cases some audit team will seek to hire outside people to assist with the audit 5 the parties that would be involved in the decision are thomas shine, reebok, just for feet, deloitte & touche, shareholders, investors, along with all the executives and employees.
Case 12 just for feet, inc case study questions 1) prepare common-sized balance sheets and income statements for just for feet for the period 1996-1998 also compute key liquidity, solvency, activity, and profitability ratios for 1997-1998. David schlosser just for feet inc case study advanced auditing prepare common-sized balance sheets and income statements for just for feet for the period 1996-1998 also compute key liquidity, solvency, activity, and profitability ratios for 1997 and 1998. Acct 3596: auditing 2011 just for feet, inc case analysis: case 12 #1-3, 5 beka vinogradov seat #1 1 beka vinogradov acct 3596: case analysis #1 common-sized balance sheets if you have any questions about copyright issues, please report us to resolve them we are always happy to assist you.