Case Study: TDG Construction Ltd - Accounting and Finance Assignment Help

Assignment Task

The client: TDG Construction Limited

TDG Construction Ltd (‘TDG’) was founded in 1996 by Trystin Gordon and Derek Griffin and is headquartered in the Bayside suburb of Wynnum in Brisbane. TDG specialises in building houses, mainly through land and house packages, and operates in four states: Victoria, Queensland, New South Wales and South Australia. Each state has its own state head office, a diverse range of displays, and teams familiar with their local environment. Trystin Gordon, CEO, holds a degree in Architecture, while Derek Griffin, with his degree in Civil Engineering, is the current Chief Operating Officer. With family ingrained in TDG’s DNA, Trystin’s daughter, Zoe Smith, and Derek’s son-in-law, Dean Alexander, are now also directors of the business, bringing fresh perspectives to TDG through their leadership. The financial year of TDG ends on 31 December each year.

REQUIRED:

1. Discuss the threats to Stewart Jones & Partners’ independence and identify appropriate actions (safeguards) Stewart Jones & Partners should consider to mitigate the threats, so as to ensure its partners and staff comply with the independence requirements of APES 110 Code of Ethics for Professional Accountants. Present your answer in tabular format as follows.
 

2. Discuss, with reference to APES 110 Code of Ethics for Professional Accountants, any concerns you may have in relation to Cameron’s attendance and conduct at the Golf Tournament & Awards evening.
 

3. Evaluate the professional conduct of Stewart Jones & Partners and its other members (excluding Cameron) in terms of the APES 110 Code of Ethics for Professional Accountants. You do not need to discuss any threats to independence, but rather focus your discussion on the evidence that indicates how the auditors have complied with and/or breached the fundamental principles contained within APES 110 Code of Ethics for Professional Accountants.

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