Recent concerns about the level of executive compensation led to revisiting the question of whether highly compensated corporate employees earn their pay. Several measures of company performance indicate that companies with the most highly compensated employees perform only in a manner...

Purpose – The purpose of this case study is to teach students the fundamental and most critical aspects of performing a financial statement risk assessment, a skill vital to help ensure both auditor and public-company compliance with guidance found in the Sarbanes-Oxley Act of 2002 (SOX), the...