Dear Mr. Smith‚ This letter confirms our understanding of the arrangements for our audit of the financial statements of Apollo Shoes‚ for the year ending December 31‚ 2012. We will audit Apollo Shoe’s balance sheet as of 12/31/2012‚ along with the related income statement‚ statement of retained earnings‚ and statement of cash flows for the entire year of 2012. We will provide a professional opinion based on the information found in the audit. All of the financial statements will be the responsibility
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While evaluating Apollo Shoes‚ there are some areas of concern that are potential fraudschemes. The fraud can lead to the entire collapse/demise of the company if not corrected.These will also affect the share value and investor confidence. An overview of the process of investigation along with recommendations for the company.As with any company‚ revenue recognition is an important part of operations of a ApolloShoes. As stated in GAAP standards‚ revenue generated must be realistic and recognizable
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moving to a new country. Everybody undertakes a mission‚ but what drives us? In the excerpt of Barrio Boy‚ Ernesto Galarza moves from Mexico to America. In America‚ Ernesto faces hardships. He wants to fit in. In “Apollo 13: Mission Highlights‚” a group of astronauts are visiting the moon when their oxygen tanks blow up. They are stuck in outer space. They are trying to come home. Ernesto had the goal to fit in and become a good American‚ while the Apollo 13 crew wanted to get back to Earth safely. They
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The artwork‚ ‘Apollo and the Muses on Parnassus’‚ contains many similarities to the ancient roman style‚ as it depicts religious scenes and lustful romance. In the center‚ Mengs portrays Apollo as the sun god and leader of the patron arts‚ surrounded by the muses that follow him for guidance. The Muses that surround him are depicted with their specific
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After landing on moon in 1969 with project Apollo 11‚ NASA began discovering the moon with the motto “One small step for man one big step for mankind”. Later‚ the project has been continued until the last Apollo 17 in 1972. When the Apollo project was over‚ humans have learned that the moon is lifeless. It contains no living organisms‚ fossils‚ or native organic compounds. There is no atmosphere on the moon. To continue the mission “following the water” and to try to find the answer for the question
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that is the job of Apollo and he helps bring what we love so much today to life. Apollo was given a golden lyre to help him pass time as a child as many of us today are given toy drums to help us pass time as well and we love it so much that some of us pursue a career in music. Well if you are even human than you need the sun to live and Apollo helps make our day brighter and helps the universe sustain life. That is why Apollo is important and how he helps us every day. Apollo is the God of truth
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ICC-Memo Apollo Date 10/14/12 Initials While working on some of the sales transactions 51 deviations were discovered. The majority 31 out of 51 were missing credit approval notations. Also 10 of these are still unpaid. This could indicate weak controls in the credit department which could leave the company with
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Apollo 13 and Translunar Injection: Using the Hohmann Transfer Orbit to Calculate the Change in Velocity Needed to Get to the Moon My specific area of focus is the translunar injection maneuver that propelled Apollo 13 on a trajectory towards the Moon’s sphere of influence. This part of the mission was crucial to the overall success of the mission. In order to reach the moon‚ the velocity of the spacecraft had to be increased just the right amount in order to exit a parking orbit around the Earth
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Apollo 13: Flight vs. Hollywood On April 11‚ 1970‚ 1:13 p.m‚ Apollo 13 was launched at Kennedy Space Center in Florida. Fred W. Haise‚ Jr. who would be the Lunar Module Pilot‚ James A. Lovell‚ Jr. who would be the Commander‚ and John L. Swigert‚ Jr. who would be the Command Module Pilot‚ and would replace Ken Mattingly‚ would be the crew for this operation. This would be the seventh manned mission in the American Apollo Space Program‚ and the third intended to land on the moon. When mission control
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Similar to what you did with the Revenue Cycle‚ I want you to prepare a bridge working paper for the audit of Apollo Shoes as of December 31‚ 2007‚ listing the major errors that could occur in the purchasing system and to describe the test of controls procedures for auditing related purchasing controls to determine whether reliable control exists. I don’t think that Apollo has enough purchase transactions that we need to rely on the controls (in other words‚ we’ll look at them all)‚ but we need
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