Auditing Sample Case Study Memo Team D (Wayne Brown‚ Melissa Ginez‚ Matthew Gourlie‚ Juel Rypka) University of Phoenix ACC/491 Alisa Dumond December 19‚ 2011 ------------------------------------------------- interoffice memorandum to: John Smith‚ CEO Key west company from: Audit Team D subject: Audit Findings for Key West Company date: 12/18/2011 ------------------------------------------------- Dear Mr. Smith The purpose of this memo is to communicate to you the results
Premium Accounts receivable Sampling Risk
The purpose of this memo is to describe the sampling process and illustrate how sampling can be used during an audit. This memo will begin by defining what sampling is‚ when it should be used‚ and the risks associated with it. The memo will then continue to describe the basic steps involved with sampling‚ define terms within those steps‚ and describe the use of sampling in the audit by identifying two situations in which sampling is used in an audit. Sampling is the objective of which is to make
Premium Scientific method Sampling Sample size
Audit Planning Memorandum for Database Environment Date | 02/04/2013 | To | Audit Senior Management | School Board | Temple University | Prepared By | Shan Jiang | ------------------------------------------------- Background Types of RDBMS: MySQL 5.0 - an open-source database used extensively in small or medium-sized web applications. One of the simplest databases to secure from hacking because of the small attack surface it exposes Number of DB servers: 3 Business units rely
Premium Management Audit PHP
ACC 491 Week 5 Team Study Guide Audit Sampling Case Memo - www.paperscholar.com DIRECT LINK TO THIS STUDY GUIDE: http://www.paperscholar.com/acc-491-week-5-team-assignment-audit-sampling-case-memo-7/ Instantly Download! Get Better Grades in Less Time! 100% Satisfaction Guarantee DESCRIPTION FOR THIS STUDY GUIDE: TUTORIAL: This tutorial includes 12 pages‚ 1‚965 words‚ and three references in correct APA format. A+++ WORK! Resources: Ch. 13 of Modern Auditing: Assurance Services and the
Premium Sampling Internal control Sample
Objective 4. The objective of the auditor when using audit sampling is to provide a reasonable basis for the auditor to draw conclusions about the population from which the sample is selected. Definitions 5. For purposes of the PSAs‚ the following terms have the meanings attributed below: (a) Audit sampling (sampling) – The application of audit procedures to less than 100% of items within a population of audit relevance such that all sampling units have a chance of selection in order to provide
Free Sampling Sample size Sample
This work comprises ACC 491 Week 5 Audit Sampling Case Resource: Modern Auditing: Assurance Services and the Integrity of Financial Reporting Prepare a 1‚400- to 1‚750-word memo to the Audit Partner‚ John Smith‚ summarizing your findings from the following case: Ch. 13: Case: Mt. Hood Furniture—PPS sampling problem Case 13-36 Also‚ since John Smith is primarily a visual person‚ he has asked for all memos to be summarized and put into a presentation. Prepare 10-15 Microsoft®
Premium Auditing John Smith
OBJECTIVES OF THE AUDIT ENGAGEMENT The objectives for the audit engagement are as follows: * to act as auditors of Ayala Land‚ Inc. and to express an opinion its consolidated financial statements in accordance with the requirements of the prescribed financial reporting framework; * to highlight key issues that have been of relevance in the forming of our audit opinions; * to serve as a framework for the audit; * to ensure that an effective and efficient audit is performed in
Premium Internal control Audit Auditing
Audit Sampling Using Statistical Methods Presented By: Abhishek Agrawal AUDIT SAMPLING • Application of an audit procedure to less than 100% of the items in a population – Account balance – Class of transactions • Examination “on a test basis” • Key: Sample is intended to be representative of the population. APIPA 2009 2 SAMPLING RISK • Possibility that the sample is NOT representative of the population • As a result‚ auditor will reach WRONG conclusion • Decision errors – Type
Premium Sampling
To: Manager‚ ABC HealthCare From: Mary Rehnelt Subject: Audit of Medical Records Date: 10/15/2010 Message: Recently I conducted an audit of medical records with a diagnosis of bacterial pneumonia. I was astounded to find that 65% of all the medical records researched were not supported by the proper documentation. When I questioned the staff they stated that the Medical Chief of Respiratory Medicine informed them that “there are other ways to determine bacterial pneumonia other than
Premium Ethics Health care Health informatics
Purposive sampling Purposive sampling‚ also known as judgmental‚ selective or subjective sampling‚ is a type of non-probability sampling technique. Non-probability sampling focuses on sampling techniques where the units that are investigated are based on the judgement of the researcher. Purposive sampling explained Purposive sampling represents a group of different non-probability sampling techniques. Also known as judgmental‚ selectiveor subjective sampling‚ purposive sampling relies on
Premium Sampling Sample Stratified sampling