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, inc an audit case to accompany auditing and assurance services prepared by timothy j louwers james madison university j kenneth reynolds.
Apollo shoes, inc audit case customer question apollo shoes, inc audit case substantive payroll procedures (l-4) i don’t suggest doing any detail testing on payroll because there has been little turnover, we can use analytic procedures to get the comfort necessary. Acc 492 government auditing iii school: university of phoenix substantive payroll procedures (l-4) 10 pages acc 492 week 3 lta apollo shoes case assignment (inventory audit section)1 week 2 lt apollo shoes case payroll 3 pages week 4 lt apollo shoes case fixed assets & prepaids & other assets.
Apollo shoes case solutions uploaded by alisha lewis download with google download with facebook or download with email apollo shoes case solutions download apollo shoes case solutions uploaded by. Resource: apollo shoes casebook (see attached) outline substantive procedures by using the apollo shoes casebook for detecting irregularities in each of the following audit cycles: • cash • accounts payable • payroll design an audit program for the cycle in no more than 1,000 words.
Before designing tests of controls and substantive tests of transactions payroll journal payroll check the auditor needs to emphasize tests of controls used for the acquisition and payments cycle to detect understatements6 audit program design part ii 4 and analytical procedures related to apollo shoes documents similar to acc546.
Audit ii apollo case final project 8,103 views share like download jennifer babcock darlene wardlaw from: jennifer babcock subject: apollo shoes substantive payroll procedures memo this memo is meant to address the substantive payroll procedures necessary to fulfill our obligation as auditors for apollo shoes inc as there has been. Apollo shoes case page 5 of 18 audit procedures: as an outside auditor group we will be perform a different procedures to gather evidence that is needed by our firm in order to support our final opinion regarding the information presented in apollo shoes financial statements, these procedures can be summarized as follows: procedure type. View homework help - apollo shoes week ii assignment from acc 492 at university of phoenix page 1 of 18 apollo shoes case apollo shoes case marcus gittins, jessica bingham, courtney mason, miguel 16 substantive payroll procedures (l-4).
Apollo shoe case the payroll sectionprepare a bridge working paper (icp-1) describing the strengths and weaknesses identified by number on the payroll flowchart for each strength, describe one or more test of controls audit procedures that might be used to gather evidence on the control. Substantive procedures for cash outflow irregularities substantive procedures for cash outflow irregularities apollo shoes has recognized that there is a risk of loss due to irregularities in cash outflows, accounts payable, and payroll. Apollo shoes, inc audit case customer question apollo shoes, inc audit case substantive payroll procedures (l-4) i - answered by a verified business tutor. Substantive procedures for cash outflow irregularities the management of apollo shoes inc has realized that there is a risk of losing money because of irregularities in cash, payroll, and accounts payable.
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.
Apollo shoes case solutions 194 pages apollo shoes case solutions uploaded by alisha lewis download with google download with facebook or download with email apollo shoes case solutions download apollo shoes case solutions uploaded by. Apollo shoes audit case 1 page 36 apollo shoes accounting and control procedure manual sales and accounts receivable daily batches of sales invoices shall be analyzed by sales totals in the athletic shoes product lines you’ll need to come up with programs for the substantive audit procedures for each ofthe functional balance sheet. Compare pay rates with the contract approved by apollo shoes board of directors the analytical procedures are used in the payroll and personnel cycle to detect any misstatements in payroll expense accounts.