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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+0000 From: "Darlene Wardlaw" Subject: Understanding the Revenue Cycle Attachment: I’ve attached a Sales internal control questionnaire from another engagement that I think you can use for Apollo. You may want to talk to Karina Ramirez to get answers to the questions. 1. Complete the ICQ for Apollo. For “yes” answers‚ add a comment stating which department and clerk performs the function. For “no” answers‚ describe the possible “errors” or “frauds” that could occur because of the control
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Date: 19 Jan 1:30:27 From: Dennis Reese Subject: Revenue Cycle Problems I have looked over Bradley’s report and yes we do have some issues with the Sales‚ and Account Receivables. The fourth quarter deviations overstated are the worst because they can have the most effect on the Financial Statements. The controls need to be more uniform as Bradley stated because then they would even out through the months instead of hitting us mostly on the fourth quarter. The company reports financial
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Disagreements‚ 2. Misplaced conflicts‚ 3. Nonsubstantive conflicts‚ 4. Substantive conflicts. Disagreements: A disagreement is a mild conflict and usually involves issues that are not necessarily related to the relationship. In the movie ’Apollo 13’ this situation of disagreement occurs two days before the launch. When the flight surgeon Dr.Chuck predicts that Ken Mattingly (one of the three members of the Astronaut team) may get serious illness during their expedition‚ Jim Lovell (captain
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Engagement Letter Apollo Shoes‚ This letter is to confirm our understanding of the terms and objectives of our engagement and the nature of the services we will provide. We will audit the consolidated balance sheet of Apollo Shoes as of year end 2007‚ and the related consolidated statements of operations‚ retained earnings‚ and cash flows. The objective of our audit is the expression of an opinion about whether your consolidated financial statements are fairly presented‚ in all material
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2014 [ VALUE STREAM MAPPING ] At APOLLO TYRES‚ PERAMBRA‚ KERALA PREPARED BY: SHAHIN MOHAMED shahin.mohamed15@bimtech.ac.in 13DM169-BIMTECH VALUE STREAM MAPPING 2014 CONTENTS 1. List of Tables…………………………………………………………………………4 2. List of Graphs . .……………………………….............................................................4 3. List of Figures………………………… ‚ ‚……………………………………………4 4. Faculty Mentor Certificate…. . ……………………………………………………….5 5. Industry Mentor Certificate……………………………………………………………6
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A Self Reflection: While working on the communication project‚ we were fortunate to have had Ron Howard’s “Apollo 13” movie for reference to comprehend the complexity the team faced upon the incident that befell the mission. Both Gene Kranz (Lead Flight Director and Project Manager) and Jim Lovell (Apollo’s commander) maintained absolute control of a chaotic situation. While the team was becoming intractable‚ Kranz reigned in by channeling the ideas with “one at a time people” and asking his engineers
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The company’s total losses/expenses as management has estimated are $11 million. The total amount that the auditor might suggest would be about $18.6 million. This means that the materiality threshold is broken for materiality of misstatement of net income‚ even though as shown below‚ each entry itself does not break that threshold by itself. The deferred costs can be divided over the next 2 years. So this year’s entry would be as follows and there should be a disclosure note about the remaining
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Leon manipulates Father Paul’s Ministry to serve his Pueblo’s purpose after the death of Teofilo‚ someone who could be seen as an important figure within the Pueblo’s. Silko changes the short story’s basic structure to accommodate for cultural representation and adaptation throughout the changes of time. The simple way of Silko’s storytelling may seem confusing or strange to some‚ but in the context of the story; it is necessary. Silko does not give any of the characters any type of individual personality
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In the movie retelling the story of Apollo 13‚ there were many instances where gravity and its properties were relevant. The five main topics I have chosen I feel are the easiest to explain and understand. The first is the requirements of liftoff and how the astronauts will experience g forces. Next is coming into earth and how they will have to calculate the angle and speed at which they will have to re-enter at. Third I talk about the simulator and how it prepares them for conditions in outer space
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