Review the planning section with emphasis on the workpaper indexing, trial balances, and apollo shoes minutes and the accounts receivable section with emphasis on the audit of accounts receivable. Apollo shoes may find benefit in receiving assurance that the new system is operating as intendedprorpeon service involves the evaluation of a computer system by a systrust licensed cpa to ensure that it meets the criteria of security. Apollo shoes case assignment please complete a bridge working paper with 3 strengths and 1 weakness and complete the 17 step internal control questionnaire for this assignment auditing i — acct333 project - fall 2016 this project weighs 20% towards the overall grade of this. Audit memo subject: findings of revenue cycle review and revenue cycle test of controls audit #: 89771 doc #: 104 date: 1/25/2008 re: apollo shoes, inc engagement partner - arnold anderson engagement manager - darlene wardlaw during the engagement and review of the revenue cycle of apollo shoes, inc, the following processes were audited and non-compliances identified: processes: 1.
Apollo shoes is an audit case designed to introduce you to the entire audit process, from planning the engagement to drafting the final report you are asked to assume the role of a veteran of two-to-three busy seasons, in. Apollo shoes audit report anderson, olds and watershed certified public accountants 123 main street upper saddle river, nj 00712 independent auditor's report to the stockholders apollo shoes, inc.
Notes on apollo shoes audit case task #1 (overview/intro) go to the weekly materials folder and locate the apollo shoes files folder, between the week 1 and week 2 folders under this menu you will find a file entitled apollo shoes case studydoc. Academiaedu is a platform for academics to share research papers. To the board of directors of apollo shoes, inc 100 shoe plaza shoetown, me 00001 we have audited the accompanying balance sheets of apollo shoes, inc as of december 31, 2007 and 2006 and the related statements of income, shareholder's equity and cash flow for the two years in the period ended december 31, 2007. From the audit committee meeting minutes, we understand that apollo shoes requires help with the yearly audit because the former cpa firm withdrew unexpectedly (university of phoenix, nd) anderson, olds, and watershed will conduct the audit and prepare the state franchise tax returns as well as the federal tax returns (university of. Audit program design part ii acc/546 may 2, 2011 audit program design part ii the audit of apollo shoes, inc requires a design of steps to develop audit objectives to plan the audit the financial statements are divided into cycles to better manage the audit and disperse to staff within the firm.
We would like to show you a description here but the site won't allow us. Audit program design part iii for apollo shoes crystal spencer acc/546 september 24, 2012 deborah fitzgerald thomas sloan and spencer auditing firm during phase iii of apollo shoes audit plan, we will focus in two key cycles, which are the following: inventory and warehouse cycle and cash cycle. Apollo shoes, inc is an audit case designed to introduce you to the entire audit process, from planning the engagement to drafting the final report you are asked to assume the role of a veteran of two-to-three.
Apollo shoes case assignment using the apollo shoes case materials, available under the assessment section of week three of your page, complete the inventory audit section before completing this se. Preview: cycle x determined xxx extent of xxxxxxx controls which xx based xx xxx planned xxxxxxxx on the xxxxxxxx over financial xxxxxxxxx for xxxx xxxxxxx of xxx audit client x design tests xx controls xxx xxxxxxxxxxx tests xx transactions for xxx account to xxxx transactions-related xxxxx xxxxxxxxxx the xxxxxx of tests xx controls and xxxxxxxxxxx tests xx xxxxxxxxxxxx involve xxxxxxxxxxx the.
Apollo shoes sas 99 memo december 31, 2011 as a result of our audit planning meeting where we brainstormed about fraud risk factors, we found the following risk factors. Document title: ga-1 anderson, olds, and watershed certified public accountants apollo shoes inc 100 shoe plaza shoetown, me 00001 october 21, 2014 dear mr lancaster: this letter will confirm our understanding of the arrangement for our audit of the financial statements of apollo shoes inc for the year ending december 31, 2014. Search results for 'apollo shoes audit report and internal control evaluation' audit report and internal control running head: the audit report and internal control the audit report and internal control university of phoenix acc/546 the.
Audit report 1281 words | 6 pages independent auditor 's report to the stockholders apollo shoes, inc 1235 winner 's road write city, in 12354 lcc has conducted an audit of apollo shoes, inc balance sheets, the retained earnings, cash flows, and other related statements of income for the year ended december 31, 2006/2007. After reviewing the company's last three board of directors meetings, i determined what expertise would be necessary to carry out the audit on apollo shoes if you can assign these staff to our audit team, the productivity and effectiveness of the audit will increase significantly. Apollo shoes minutes hope the inventory observation went well i saw bradley in the office working on some inventory stuff he said that he would e-mail it to you when it was completed. This content was stolen from brainmasscom - view the original, and get the already-completed solution here design tests of controls, substantive tests of transactions, and analytical procedures for the cash cycle at apollo shoes.