Draft an email requesting ALL of the support for the journal entries identified in step 3. Briefly
Question:
Draft an email requesting ALL of the support for the journal entries identified in step 3. Briefly explain the purpose for what you are requesting. This should not exceed 3 paragraphs and the support should be general in nature, but specific enough to show you understand what type of audit support is needed. First paragraph should be a salutation, second paragraph is the body requesting, and third is your closing. Act like it is a general case.
Provide a response that would explain an appropriate economic substance for 3 of the journal entries identified in number 2. Document it as if corroborating evidence was provided by the client and no exceptions were noted. Your documentation should include what you obtained, audit procedure performed, and a conclusion. Again this is not to a specific case, act like the client has already given you information. What type of information would be enough to satisfy this.
Auditing Cases An Interactive Learning Approach
ISBN: 978-0132423502
4th Edition
Authors: Steven M Glover, Douglas F Prawitt