Question
Consider and discuss the specific risks and nature of the company you will be auditing and create comprehensive work programs for the Acquisition, Payment, Property
Consider and discuss the specific risks and nature of the company you will be auditing and create comprehensive work programs for the Acquisition, Payment, Property Plant, and Equipment (Fixed Assets), Notes Payable and Owner's Equity accounts and cycles.
Submit a 700- to 1,050-word document that includes the following:
- Audit steps for tests of controls, balances, transactions, analytical procedures, etc. as well as other considerations such as sample size and sample methodology.
- Abriefsummarypageshouldbeincludedinthisdocument,525to700words,foreachoftheauditprograms.IncludeinthissummaryspecificfinancialinformationgleanedfromthecurrentForm10-Kusedtoperformananalysisofworkprogramsteps.Forexample,iftheteamnotedsignificantswingsintheFixedAssetsbalanceyear-over-year,identifytheseswings,andhowyouaddresstheminyourworkprogram(thisisinessenceanauditprocedure-analyticalreview).
please try to include audit plans as to the steps, necessary tests and analytical procedures for your respective cycles.
If you have any other suggestions in regard to the assignment - please share.
- Acquisition and Payment Cycle - Accounts Payable (include audit plan and summary)
- Acquisition and Payment Cycle - Property, Plant, and Equipment (include audit plan and summary)
- Acquisition and Repayment Cycle - Notes Payable (include audit plan and summary)
- Acquisition and Repayment Cycle - Owner's Equity (include audit plan and summary)
- Introduction,Conclusion,Compilation,Proofread,Edit,andSubmit
The bold / underlined part is what I'm responsible for.
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