PTL Ministry: An Audit Plum?, The (A&B)
A. James McKee, Jr.
published: 2006 | Case Study | Accounting/Finance
Subject Area: Accounting/Finance
Key Issues: Auditing Theory; Accounting Policy; Accountant's Legal Liability
Case Description: Bill Spears, a partner in the Charleston office of Laventhol and Horwath (L&H), is considering whether to take on Jim Bakker's controversial PTL Ministry as an audit client. PTL has extensive operations in the leisure and hotel industries, a special strength of the fast-growing L&H. The ministry would be the largest client of the Charleston office.
# Case Pages: A-9; B-4
Case Number: 020039-13-4
Teaching Note: Yes
revised May 23/06