Kyle Boyd is an audit manager with Bell, Botts, and Bone, CPAs. He has been placed in
Question:
Kyle Boyd is an audit manager with Bell, Botts, and Bone, CPAs. He has been placed in charge of this year's audit of Zerone Plastics Corporation. After assessing his staff needs for the audit, he made the following request for staff:
1. A senior accountant with 4 to 5 years' experience.
2. A staff accountant with 2 to 3 years' experience
3. A staff accountant with 1 year's experience
4. A new staff accountant with no experience
The firm is extremely busy at this time of the year, and there are many audits being undertaken concurrently. The partner in charge of scheduling made the following assignment of professional staff to the Zerone Plastics audit:
1. A senior accountant with 3 years' experience
2. A staff accountant with 1 year's experience
3. A staff accountant with no experience
Evaluate the adequacy of
1. The requested staff
2. The staff assigned to the audit
Step by Step Answer:
Auditing Concepts And Methods A Guide To Current Auditing Theory And Practice
ISBN: 9780070099999
5th Edition
Authors: Mcgraw-Hill