Audit Paper

1 Beginning Apollo Auditing Report Jennifer L. Gray ACC 546: Auditing January 2, 2012 University of Phoenix prof: Eddie Loussararian 2 MEMORANDUM TO: Larry Lancaster, Chairman, President, and CEO of Apollo Shoes, Inc. FROM: JLGray and Associates Accounting Firm thrash into: January 2, 2012 SUBJECT: Beginning the Audit Report, which includes: The Engagement Letter, The Engagement Checklist, and The pop outline of the Timeframes and Milestones of the Audit. Dear Mr. Lancaster, This letter is to validate the understanding of the conception for the objectives and contuse of the upcoming auditing procedure for Apollo Shoes, Inc. Our firm is pleased to carry on with your company and perform the audit of the year ending on December 31, 2011. Our associates and staff members would like to confirm the audit objectives, terms, limitations, and organic law of the services provided for this arrangement. The underline of our services will cover auditing fiscal sta tements that include the income statement, balance sheets, statement of retained earnings, and the statement of speedy payment flows. The pecuniary audits will make sure that fiscal statements ar administered according to General Accepted Accounting Principles (generally authoritative accounting principles).

Since investors, creditors, managers, and government agencies put on these statements, it is imperative for our auditors to realize all financial statements conform to GAAP (Arens, Elder, & Beasley, 2006). The audit squad will also examine and travel out the available performance by studying exculpated parts of the physical composition and sort! out the effectiveness and capacity of operation activities 3 on the financial statements. Our firm will lief testify reasonable, but not comprehensive, assurance services that ar performed by professional auditors to advance the credibility of internal controls, IT systems, financial statements, accord with regulation and human resource practices. Our auditors will move shutting reports that will...If you want to get a full essay, come out it on our website: OrderCustomPaper.com

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