CIPD QUESTIONS

Boston Beer Company Revenue Expenses and Inventory Worksheet

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Read the 10 k report of Boston Beer Company. Identify the biggest dangerous account (ex: revenue, expenses, inventory) that may cause fraud. Provide reasons in accounting/ auditing way. Considering different ratios ( attachment will be given). The main purpose is to determine which account will be most dangerous in terms of auditing way – existence, rights and obligations, completeness, presentation and disclosure, valuation and allocation.

Please provide adeqent and reasonable explanation. 1+ page.

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Boston Beer Company Revenue Expenses and Inventory Worksheet

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