Based on Case Study1.2 Just for Feet, Inc. Contemporary Auditing Real Issues and Cases 7th ed. Michael
Based on Case Study1.2 Just for Feet, Inc. Contemporary Auditing Real Issues and Cases 7th ed. Michael
According to information we’ve obtained from understanding of company background and during audit field work we identified some issue and company control risk related to the follow areas:…
Audit procedures would be conducted more extensively and sample sizes would increase in a situation where assessed control risk and inherent risk were high and analytical procedures indicated…
DESCRIPTION FOR THIS STUDY GUIDE: Resource: Modern Auditing Prepare written answers to the following assignments: • Ch. 17: Comprehensive Question Substantive Tests for Stockholders’ Equity Balances • Ch. 18: Comprehensive Question Substantive Tests for Cash Balances 17-22 17-26 ACC 492 Week 4 Learning Team Assignments from the Text Study Guide www.paperscholar.com…
7. List at least 3 risks your company will face, and explain how you will manage those risks.…
Our firm understands the need for professionalism and proper requirements for each auditing engagement performed. We conduct our business ethically and accurately, documenting all the services provided, giving our undivided attention to every engagement. The accountants and auditors at our firm are adequately licensed and have met our company and industry specific standards of excellence, and we ensure our clients are satisfied with our services. All auditors at Anderson, Olds & Watershed are qualified to understand the criteria used and must be competent to know the types and amount of evidence to accumulate to reach the proper conclusion after examining the evidence (Arens, Elder, & Beasley, 2012). The auditors have an independent mental attitude. I will be exhibiting this high level of knowledge, competence and independence when performing the assurance services for Apollo Shoes, Inc.…
1. Define the criteria that you will use to assess the external audit. This may include PEST, Porters Five Forces or another model.…
In Part I of the case, you performed preliminary analytical procedures for Pinnacle (pp. 245–247). The purpose of Part II is to identify factors influencing risks and the relationship of risks to audit evidence.…
1. The case study references one state statute. Identify it and explain what it prohibits.…
• If those charged with governance or management fail to give this matter the appropriate level of consideration or take the steps necessary under the circumstances, what considerations should the audit engagement team give to the implications of possible fraud or illegal acts on the conduct of the audit?…
Q1. What is the link between audit risk and engagement risk? How does the audit risk model allow the auditor to deal with these risks in the most cost effective manner?…
There are four things that an auditor needs to assess prior to performing an audit:…
2. Explain how the level of acceptable audit risk and materiality you selected in this assignment might affect the remainder of the audit. Specially, what effect would lower of acceptable audit risk and materiality have on audit compared to the levels you selected.…
5th Edition (2011); Armond Dalton Integrated Audit Practice Case (group mark). 15% . Attempting homework before…
d. Read the complaint against the audit engagement partner, who served as the 2001 and 2002 engagement partner. What factors caused the audit firm to recognize Bally as a high risk audit client for 1996-2003?…
Balayong Summer Cup 2013 Girls Division: Green Team Captain: Khatlyn Tonog 1. Diane Venus Adame 2. Myzel Intia 3. Myla Intia 4.…