A B Apollo Shoes, Inc. AUDIT PLAN-Preliminary Analytical Procedures FYE 12/31/2020 Complete engagement materiality memo. 1 2 3 4 5 D E F B-0 Workpaper Reference Related Assertion (s) Performed by Comments Please comment on whether you think A-5 TC materiality seems reasonable and why? Obtain 2019 audited trial balance and 2020 unaudited trial balance. Create Preliminary Analytical Procedures (PreAP) workpaper that calculates absolute and percentage change over the prior year for each line item. Cross reference all balances on PAP workpaper to TB and foot amounts. Investigate any percentage change 10% or over Planning Materiality (see A-5). Select three important changes noted on the PreAP, and include them on the deliverable for your senior to review. For each change, specify two hypotheses that could be driving each change. You will select only three changes to investigate (see step 5). However, this step would be completed in a normal audit