Part 1-Review the Accounts Payable Process flowchart given to you by the owner of ABC Co.Based on
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Question:
- Part 1-Review the Accounts Payable Process flowchart given to you by the owner of ABC Co.Based on the AICPA Code of Professional Conduct, preparea 1-2 pagesummaryof how youplan to proceed to addressthe owner's concernsand what specific steps you would take to audit this company.
- Part 2-Using the Accounts Payable Detail fileand the process flowchart provided in Part 1 perform some analytical tests.You will need to perform some analytical tests on theaccounts payable detail accountfile using IDEA that you thinkmay be necessary.Remember there are tutorial videos on the IDEA website to assist you.Write a 1-2 sentence explanation for each analysis youare performingandprintscreenyour resultsalongwith thehistorylogwhen you have completed the analysis in IDEA to turn in this week.
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