Apollo Shoes‚ Inc. Potential Problem Areas December 31‚ 2011 The following refers to the Comparative Trial Balances‚ GA-7.1 through GA-7.5: Accounts Receivable‚ Other Receivables‚ Allowance for Doubtful Accounts‚ Bad Debt ExpenseInventories and Reserve for Inventory Obsolescence Prepaid Insurance and Insurance Expense Machinery‚ Equipment‚ and Office Furniture Accounts Payable Taxes Payable Line of Credit Sales‚ Sales Returns‚ Net Sales – Relationship to Inventory Research & Development
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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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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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spacecraft and be the first country to land on the moon. “The Apollo mission was meant to show the world that America was a strong country with advanced space technology knowledge‚” (Garcia 14). Apollo 11 was the first successful lunar landing mission to land two humans on the moon. This was the start of a rapid accelerating pace of technology development. Buzz Aldrin is famous for being known as one of the three men that took part of the Apollo 11 mission where the first steps were taken on the moon
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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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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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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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Virginia Founding Date: 1607 Region: Southern Colony Founders: John Smith‚ John Rolfe & Thomas Dale Reason for founding: Search for gold‚ English outpost against Spain Characteristics/laws: Jamestown was the main town that was establish because of England’s desire for wealth and converting the Natives to Christianity. Majority of the population was English. Environment: Very warm climate‚ which was beneficial to the colonists because they didn’t have to worry about the harsh winters. Contrary
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True to Myself Ethney Gentry is for a midsized Tulsa-based oil company where she believes that the main reason as to why she is being hired was because of her gender. After having a meeting with Alexis‚ the first female manager at the company‚ she realizes that to get promoted at this company she may have to change the way she behaves. Alexis‚ who now goes by Alex to fit in with the boys‚ was in a similar situation when she started at the company and was passed over and ignored simply because she
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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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