In this case, 752 records were reported on the file engagement letter for apollo shoes engagement letter for apollo  government auditing outline. Apollo shoes audit engagement letter april 11, 2011 larry lancaster, ceo apollo shoes inc 100 shoe plaza shoetown, me 00001 dear download apollo shoes case solution. Apollo shoes engagement letter introduction apollo shoes, inc is an audit case designed to introduce you to the entire audit process, from planning the. The audit team will need to have some special expertise in three areas which are the following: • the tax personnel on our team should know how to prepare the state franchise tax return • our information systems analyst has the expertise to analyze any complex data from apollo shoes computer servers.
710auditprocesspptx - download as powerpoint presentation (ppt / pptx), pdf file (pdf), text file (txt) or view presentation slides online. Write an engagement letter for apollo shoes assume that is a publicly traded company and they have asked sox section 404 consulting include the following key points. Apollo shoes would like you to prepare a letter that explains how you plan to begin the audit process this brief letter introduces / outlines each component within the packet (engagement letter, checklist, and timeframes.
Apollo shoes case apollo shoes is an audit case designed to introduce you to the entire audit process, from planning the engagement to 1 engagement letter 2. Auditing and assurance services / edition 6 in fraud coverage and is accompanied by the apollo shoes casebook—the only standalone fraud audit case on the. Prepare a letter to apollo shoes, inc explaining how you plan to begin the audit process include the following documents with your letter for management at apollo shoes: engagement checklist. Engagement letters 82 audit plan (au 300, as 10 ) 84 the olc for auditing & assurance services provides students with the full apollo shoes case, kaplan cpa.
The new building was damaged by a hurricane in april, and apollo shoes had to repair and repaint it with all of the recent additions, the emphasis in this area of the audit will be on the verification of current period fixed asset acquisitions. Page 3 introduction apollo shoes, inc is an audit case designed to introduce you to the entire audit process, from planning the engagement to drafting the final report you are asked to assume the role of a veteran of two-to-three busy seasons, in-charging for the first time. Apollo shoes would like you to prepare a letter explaining how you plan to begin the audit process include with your letter the folling documents for the management at apollo engagement checklist. A recent case, bancroft life & casualty icc, ltd v intercontinental management, ltd, 2011 wl 5977083 (wd pa nov 29, 2011), emphasizes the importance of a well drafted engagement letter when attempting to obtain an early dismissal of a case against a professional.
The auditor should provide a copy of the representation letter to the audit committee if management has not already provided the representation letter to the audit committee [the following note is effective for audits of fiscal years ending on or after november 15, 2007. Superior court opinion in favor of time limits clause in accountant's engagement letter in whose shoes she seeks to stand auditor's engagement letters. Complete the internal control audit section of the case using the apollo shoes case materials, available under the assessment section of week three on the student website review the planning section, with emphasis on the apollo accounting and control procedures manual and the apollo shoes minutes, before completing the internal control audit.
Ga-1 engagement letter dear mr lancaster, this is a letter will confirm our understanding of the arrangement for our audit of the financial of apollo shoes inc, for the. Often, questions have been raised regarding the responsibility of the independent auditor for the auditor for the discovery of fraud q : review the planning section with emphasis on the apollo review the planning section, with emphasis on the apollo accounting and control procedures manual and the apollo shoes minutes, before completing the. Acct 638250115s - advanced auditing spring 2015 syllabus course information for the apollo shoe audit case draft an engagement letter for the services. Performing preliminary analytical procedures rutgers accounting web engagement letters, and termination letters if a predecessor auditor exists, the current auditor must attempt to.
On every audit engagement in each case when an entity has a history of profitable operations and ready access to financial resources, a. Auditing engagement letter apollo shoes case 3/3/2013 march 5, 2012 dear mr lancaster: this letter will confirm our understanding of the arrangement for our audit. Engagement letter - download as word doc (doc / docx), pdf file (pdf), text file (txt) or read online sample engagement letter to apollo/hermes shoes assignment on audit theory.