Question
Jemma Jones, the sole owner of a small clothing boutique, has been told by the bank that the business should have its financial statements audited
Jemma Jones, the sole owner of a small clothing boutique, has been told by the bank that the business should have its financial statements audited by an independent CPA. Ms Jones, who has taken some accounting classes but is not a CPA has always prepared the company's financial statements and does not understand why the financial statements should be audited by a CPA. You have been recently hired as a first-year auditor by Talley and Smith, CPAs and they have asked you to discuss the importance of a proper audit that includes an independent CPA with Jemma Jones. Required: 1. Write a three paragraph professional letter to Jemma Jones. Be sure to include the following: a. Introductory paragraph introducing yourself and your company's services. b. In the second paragraph, describe the objectives of an independent audit and how such an audit can be beneficial to Ms. Jones and her business while gently discouraging her from doing her own audit. c. In the last paragraph, write an appropriate closing. Be sure to give your contact information and / or suggest a meeting. 2. As always, check your grammar and spelling; write in complete sentences 3. Cite (fully) all sources (include title, author, page number or url.)
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