apollo shoes audit timelines & milestones audit phase audit deliverable administrative responsibility completion timeframe planning schedule the audit lead auditor . Prepare justifications for substantive procedures by using the apollo shoes casebook for detecting irregularities in each of the following audit cycles for accounts receivable. apollo shoes audit timelines & milestones audit phase audit deliverable administrative responsibility completion timeframe planning schedule the audit lead auditor -3mths . Answer to you are on the audit team of apollo shoes, inc for the year ending december 31, 2015 and your manager has asked you to .
We designed the apollo shoes audit case to introduce students to the entire audit process, from planning the engagement to drafting the final report students are asked to assume the role of a veteran of two-to-three “busy” seasons, “in-charging” for the first time. Audit report apollo shoes essay example 1061 words may 20th, 2013 5 pages mr lancaster, the firm of anderson, olds, and watershed is pleased to receive your notification to proceed with the audit and look forward to working with you. At apollo shoes irregularities or cash schemes, which could occur in the audit cycle of cash include fraudulent disbursement schemes and cash receipt schemes fraudulent disbursement schemes are those in which a distribution of funds is made from some company account in what appears to be a normal manner.
Apollo shoes, inc’s management is also responsible for these financial records and related information available for audit and for identifying and ensuring that the company complies with the laws and regulations that apply to its activities. Apollo shoes, inc sales transaction processing bridge working paper december 31, 2007 strength/weakness audit implication audit program s-1 credit approval . Apollo shoes auditing introduction letterauditing introduction letter kristen mihevc acc/546 march 3, 2013 scott p. Min of audit comitte apollo shoes minutes of the audit committee, apollo shoes october 18, 2011 present at meeting: arnold anderson, cpa (partner in charge of the audit) darlene wardlaw, cpa (engagement. View essay - apollo shoes inc timelines & milestones from business 547 at university of phoenix 2 weeks walkthroughs and detail testing lead auditor 1-3 weeks wrap draft audit report to management.
Apollo_shoes_case_studypdf (123071 kb) raw preview for apollo_shoes_case_studypdf tags accompany case audit shoes apollo tests shoes audit cycleapollo warehousing case accompany services aurance auditing inventory cycles analytical transactions substantive procedures following design apollo controls. Question apollo shoes, inc an audit case to accompany auditing and assurance services prepared by timothy j louwers james madison university j kenneth. Free essays on audit of prepaid and other assets of apollo shoes for students use our papers to help you with yours 1 - 30. Apollo shoes is satisfied with the services your firm offers and wants to continue with the audit apollo shoes would like you to prepare a letter that explains how you plan to begin the audit process. Audit program design part iii for apollo shoes crystal spencer acc/546 september 24, 2012 deborah fitzgerald thomas sloan and spencer auditing firm during.
Apollo shoes, inc an audit case to accompany auditing and assurance services prepared by timothy j louwers m loretta manktelow james madison university. Document title: ga-1 anderson, olds, and watershed certified public accountants apollo shoes inc 100 shoe plaza shoetown, me 00001 october 21, 2014 dear mr lancaster: this letter will confirm our understanding of the arrangement for our audit of the financial statements of apollo shoes inc for the year ending december 31, 2014. Free essay: apollo shoes audit report anderson, olds and watershed certified public accountants 123 main street upper saddle river, nj 00712 independent.
I need to start from page 91 and coplete all or most of it case study “audit of apollo shoes, inc”each audit team will perform the following task (not all inclusive) of planning internal control evaluation substantive testing of cash, accounts receivable, inventory, prepaids, fixed assets, liabilities and payroll as well as render an audit opinion thereon in completing t. Gmt apollo shoes audit case pdf - we are a small firm with 9 accountants and a receptionist in an open plan office, and my boss is in an office with a door. In carrying out the audit, the audit team will seek to understand the internal control in apollo shoes, as this will facilitate audit planning and carrying out audit procedures we believe that internal control at present is sufficient to enable the team to carry out auditing. Engagement letter for apollo shoes this is a letter will confirm our understanding of the arrangement for our audit of the financial of apollo shoes inc, for the .