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Assignment #2 Accounting 403 Name: You are on the audit team of Apollo Shoes, Inc. for the year ending December 31, 2015 and your manager

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Assignment #2 Accounting 403 Name: You are on the audit team of Apollo Shoes, Inc. for the year ending December 31, 2015 and your manager has asked you to complete the audit of cash using the following items: Audit Plan Bank Reconciliation prepared by client Outstanding check list prepared by client Bank Confirmation received directly from the bank by your audit firm Cutoff Statement for the period 1/1/2016-1/15/2016-received directhy from the bank by your audit firm Some other things to note: The general ledger account balance at 12/31/2015 is $226,750.12 The last check written in 2015 was #3621 If you need to make any changes to the bank reconciliation either update the client's prepared reconciliation, or prepare your own, just document what you have done Use the examples in the book and PowerPoint slides as your reference when completing this assignment. You can use whatever workpaper references and tickmarks you would like, just be consistent. If something doesn't agree to what it is supposed to agree to, continue with the audit plan to determine what is wrong and how it can be corrected Instructions: Print out this full package of information and complete the audit of cash. Remember to document the procedures you have performed on both the audit plan and workpapers, and make sure to include workpaper indexes (references) and sign offs. This is to be turned in before class on October 30, 2018. Assignment #2 Accounting 403 Name: You are on the audit team of Apollo Shoes, Inc. for the year ending December 31, 2015 and your manager has asked you to complete the audit of cash using the following items: Audit Plan Bank Reconciliation prepared by client Outstanding check list prepared by client Bank Confirmation received directly from the bank by your audit firm Cutoff Statement for the period 1/1/2016-1/15/2016-received directhy from the bank by your audit firm Some other things to note: The general ledger account balance at 12/31/2015 is $226,750.12 The last check written in 2015 was #3621 If you need to make any changes to the bank reconciliation either update the client's prepared reconciliation, or prepare your own, just document what you have done Use the examples in the book and PowerPoint slides as your reference when completing this assignment. You can use whatever workpaper references and tickmarks you would like, just be consistent. If something doesn't agree to what it is supposed to agree to, continue with the audit plan to determine what is wrong and how it can be corrected Instructions: Print out this full package of information and complete the audit of cash. Remember to document the procedures you have performed on both the audit plan and workpapers, and make sure to include workpaper indexes (references) and sign offs. This is to be turned in before class on October 30, 2018

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