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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The company that I chose was Cryolife‚ Inc. Cyrolife was founded in 1984 as a processor of the preservation of human heart valves for adults and children that needed heart valve reconstruction (Cryolife‚ 2015). The company has expanded to provide biomedical products for cardiac and vascular products‚ surgical adhesives‚ and processed human cardiac and vascular transplants (Cryolife‚ 2015). Cyrolife is one of the few publically traded tissue processors within the transplant industry and operates the
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Off the Wall Vans Inc. is a prosperous company‚ which manufactures shoes and apparel. The company was formerly known as Van Doren Rubber Company‚ Inc. and changed its name to Vans‚ Inc. in 1991. Since the beginning‚ Vans Inc. has strived for popularity in snowboarding shoes and skateboarding sneakers to try to keep up with the fast growing and extreme sport cultures. Paul Van Doren started the company in the United States in March 1966. The company began to manufacture shoes in the first Vans retail
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The Merger of Suncor Energy Inc & Petro Canada Date: November 23‚ 2010 Deal Summary Event | Merger | Bidder | Suncor Energy Inc | Target | Petro-Canada | Announcement Date | March 23‚ 2009 | Effective Date | August 1‚ 2009 | Type | Stock Exchange | Exchange ratio | 1.28 | Stock Price | Petro Canada- C$29.67 and Suncor- C$30.74 (as of March 20‚ 2009) | Premium Paid | 28% (Based on stock price at March 20‚ 2009) | Total Offer | C$18.43 billion | Table of
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Gourmet Products Inc. Prepared by Asif Majarani‚ Sr. Audit manager of Majarani Associates‚ CGAs Submitted October 31‚ 20X0 Summary Our firm has been engaged with GPI for compilation engagements for the past two years. For year ending September 30‚ 20X0‚ a preparation of consolidated financial statements are required due to acquisition of foreign subsidiary on August 15‚ 20X0. This report addresses issues surrounding the preparation of the consolidated statements for Gourmet Products Inc. (GPI) and
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CBA GARMENTS Manufacturing Corporation Company Background CBA Garment‚ Inc. started as a single proprietorship. Over the years‚ it evolved into a corporation whose shareholders are mostly family members. The company specializes in making wedding ensembles from the gown of the bride to the dainty attires and accessories of the maid of honors‚ the flower girls down to the ring bearers. The company specializes particularly in the manufacturer of ready-made bridal gowns. CBA Garment has opened its
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A division of The Kennedy Center‚ Inc. in Trumbull‚ CT‚ Kennedy Document Services‚ AKA KennDOC‚ provides employment opportunities for people with disabilities and special needs. Working together with The Kennedy Center vocational training team‚ this company hires committed applicants to enrich their existing workforce while promoting a healthy‚ productive‚ and diverse work environment. Read on to learn more about KennDOC and their ongoing partnership with The Kennedy Center. What Is KennDOC? A
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The Corinthian Colleges‚ Inc. (CCI) which directed the Everest‚ Wyotech and Heald colleges and were all considered Private Postsecondary schools deceived their students by making them believe hollow promises that had no intentions of being true. They fabricated false job placement rates for students. The Corinthian Colleges declared bankruptcy after the Consumer Financial Protection Bureau (CFPB) affirmed that students were being cheated and that the job prospects were only an advertisement to attract
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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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Your memo contained excellent conclusions‚ including inconsistencies in the useful life of real property‚ computer equipment‚ and production equipment. You noted inconsistencies in depreciation method for various asset categories based on Apollo Shoes accounting guidelines. Regarding R&D cost related to certain patents that had been capitalized‚ I agree with your conclusion that the patents should be expensed. You also had valid conclusions in your prepaid assets and other assets workpapers.
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