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I would need the vlookup formula for Customer Number for Sales Division column for the question mentioned As the in - charge senior auditor on
I would need the vlookup formula for Customer Number for Sales Division column for the question mentioned
As the incharge senior auditor on the audit engagement for JA Tire Manufacturing for the year ended December you are responsible for auditing the revenue cycle. The manager has instructed you to read JA Tire Manufacturing system provided on the first tab of the Excel file Appendix JATireSalesData before attempting this audit to familiarize yourself with the sales process and the relevant worksheets and terminology. This file contains sales transaction information for the year ended December JA Tire has four sales divisions within Canada and sells primarily to large tire companies with regional warehouses that subsequently distribute to local retailers. Based on some
of the risk assessment procedures already performed, you identified risks related to the fact that salespersons receive a commission on sales to distributors and the
commission is calculated on a monthly basis. Your manager has asked you to perform analytical procedures as a part of audit planning to review sales information to identify potential risk areas that might warrant further audit procedures related to sales.
Required:
Prepare a brief memo to the manager to summarize your findings by presenting the
following charts as a support for your findings.
a An appropriate chart presenting sales month and sales division.
b An appropriate chart presenting customer information.
In the memo, you should also discuss the recommendations for performing audit
procedures.
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