Reference no: EM1354019
Apollo Shoes SAS 99 Memo
General Planning
1. Obtain an understanding of the company, its internal control, and its audit risk factors (including the risk of material misstatements due to fraud).
a. Hold a discussion among engagement team members about the risks of material misstatements due to fraud. Document the discussion.
b. Complete the "Audit Planning Form."
c. Make inquiries of management and other employees about the risks of fraud. Document the inquiry procedures.
d. Consider the existence of fraud risks factors.
e. Identify and assess risks of material misstatements due to fraud and develop your responses.
f. Complete the revenue internal control questionnaire and document understanding of the revenue and collection cycle.
g. Complete a test of controls for the Revenue Cycle
For step (d) in the program above, prepare the documentation for the meeting to discussion fraud risk factors in accordance with SAS 99 for Apollo Shoes Audit. Ignore the other steps for this posting.
Estimate the second partner''s advice not to move downtown
: We have spent so much on our present office that we cannot afford to waste this money by moving now." Estimate the second partner's advice not to move downtown.
|
Universal diverse orientation
: Describe how this person were mistreated, and how this mistreatment suggests a universal diverse orientation was not in place.
|
Find the value added from acquisition of the player
: The general manager of the Miami Dolphin a NFL Team is planning paying $2.5 million per year for a Star player, along with a 2$ million up front signing bonus.
|
Show organizational structure design
: Explain the executive, managerial, and administrative organization of a firm and indicates responsibility and hierarchical relationships.
|
Apollo shoes audit
: Obtain an understanding of the company, its internal control, and its audit risk factors (including the risk of material misstatements due to fraud).
|
How far to the right of the center of the circle
: Two charged dust particles exert a force of 8.5 x10-2 N on each other. What will be the force if they are moved so they are only one-seventh as far apart.
|
Function to retrieve each of the private data members
: Write a class called "Date" with month, day and year as private members. Have constructor that sets default date to 1st January 2000. Have accessor function which retrieves each of the private data members.
|
Explain about reward structure
: Potential inadvertent cause may help understand why it is possible for highly ethical leaders to preside over an organization that commits several unethical acts.
|
Real life case for decision making
: Provide three real-life examples of problems for which it would be helpful to go through the problem-solving stages. Discuss your answer to the question concerning this scenario:
|