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Family Outreach

Family Outreach

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Author: Trudy Webb
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Review the case study instructions in Week 2. Then, create an outline for the case study due inWeek 4. The outline must contain the thesis statement which is the last 1 - 3 sentences of theintroduction. The outline must also contain: An introduction with thesis statement. At least 5 body paragraphs specifically addressing the case study questions. A conclusion. A reference page with a minimum of 3 scholarly references. The paper must be formatted according to APA style. You must use at least 2 scholarly resourcesother than the textbook to support your claims. Case 4-7Family OutreachYimei was a senior state auditor in Michigan and licensed CPA. She has been assigned the auditof Family Outreach (FO), a non-profit social services organization that helps about 32,000families a year with child-raising and child-development issues, especially those considered “atrisk” families. The organization holds workshops and programs for parents, teachers andchildcare providers. The organization has an annual budget of $3.1 million. FO employs about 30employees and receives funds from a variety of private, city, state, and federal grants. Yimei wasin charge of the audit of FO for the city, state, and federal grants for 2013. She reports to Kwami,her supervisor in the Michigan state auditor’s office.In reviewing the audit papers so far, Yimei noticed that $200,000 appeared in three expenseaccounts she never had seen before on the books of a non-profit: parent reimbursements;entertainment expenses; and reconciling costs. Together, the $200,000 was a material amount.Questions1. If you were Yimei, what ethical concerns would exist for you upon discovering the threeaccounts? What is the first thing you would do upon discovering the three accounts? 2. Assume that FO provides invoices to justify the amounts in each account. You review thedocumentation and notice that each one has the same font, font size, and exact format.Being a skeptical auditor, you are suspicious about the validity of the audit evidence. Whatare your ethical and professional responsibilities given the questionable nature of the auditevidence and your role as the lead auditor? 3. We discussed the issues of accountability and transparency with respect to corporategovernance in Chapter 3. In the public sector, the chief investigative office is the InspectorGeneral (IG) who is accountable to the taxpayers. IG’s are supposed to detect and preventwaste, fraud and abuse and thereby build trust in government. What would you do if youwere Yimei and were told by Kwami to drop the matter because the chief operating officerof FO is the sister of the IG? Do you have any whistle-blowing obligations in this matter? Optional Question4. Review the accountancy law and rules of conduct in your state, and discuss Yimei’s ethicalresponsibilities with respect to the facts of this case.


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