Hi,

I am kind of stuck in the group project. Our group need todevelop an audit plan for Southwest Airlines, using information that is publicly available.

At a minimum, this audit plan should address the following (as applicable):

• Materiality
• Identification of specific audit risks
• Identification of in-scope business units and/or geographical locations
• Identification of in-scope business applications and general computer controls
• Planned tests of controls
• Planned substantive tests
• An audit timeline and calendar
• Audit team
• Anythingelseyoubelieveisrelevant

We don't know how to write the following parts:Identification of in-scope business units and/or geographical locations,Identification of in-scope business applications and general computer controls, Planned tests of controls andPlanned substantive tests. Could you tell me how to address these four parts?

Attached is the detailed requirements for the assignment. I look forward to your early response and your answer would be greatly appreciated. Thank you so much!

MPAc 238: Advanced Auditing and Assurance Services Fall 2015 Paul Merage School of Business Course Project Overview All students will be expected to complete a course project, which comprises thirty percent of your final grade in this course. Course projects will be team oriented and designed to help develop your teamwork and collaboration skills in addition to your knowledge and experience with auditing. Project Requirements Each team will be assigned a publicly traded company (see below). Each team will be responsible for developing an audit plan for their assigned company, using information that is publicly available. Each team will work independently from other teams who are assigned the same company. At a minimum, this audit plan should address the following (as applicable): Materiality Identification of specific audit risks Identification of in-scope business units and/or geographical locations Identification of in-scope business applications and general computer controls Planned tests of controls Planned substantive tests An audit timeline and calendar Audit team Anything else you believe is relevant Deliverables 1) A detailed audit planning memo (no more than 15 pages) summarizing the information above. 2) Appendices as necessary to the planning memo. Note that appendices should only be used AS NEEDED to expand on items discussed in the planning memo. Examples could include: assumptions made (if information was not publicly available), financial calculations etc. 3) Final reports due November 30, 2015 4) Each group will provide a ten minute presentation to the class on November 30, 2015 summarizing their company, audit plan, and rationale. Company Assignments: Apple Inc. - A1, A5, A9, B3, B7 Caterpillar Inc. - A2, A6, A10, B4, B8 Southwest Airlines - A3, A7, B1, B5, B9 Bank of America Corporation - A4, A8, B2, B6, B10