Audit Paper

1 Beginning Apollo Auditing Report Jennifer L. Gray ACC 546: Auditing January 2, 2012 University of Phoenix professor: Eddie Loussararian 2 MEMORANDUM TO: Larry Lancaster, Chairman, President, and CEO of Apollo Shoes, Inc. FROM: JLGray and Associates Accounting Firm move into: January 2, 2012 SUBJECT: Beginning the Audit Report, which includes: The Engagement Letter, The Engagement Checklist, and The corpse 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 damage 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 spirit of the services provided for this arrangement. The underline of our services will cover auditing fiscal statements that include the income statement, balance sheets, statement of retained earnings, and the statement of warm payment flows. The pecuniary audits will make sure that fiscal statements ar administered according to General Accepted Accounting Principles (generally accredited accounting principles). Since investors, creditors, managers, and government agencies put on these statements, it is imperative for our auditors to plug all financial statements conform to GAAP (Arens, Elder, & Beasley, 2006). The audit squad will also examine and travel unwrap the useable performance by studying exculpated parts of the institution and sort out the effectiveness and capacity of operation activities 3 on the financial statements. Our firm will lief certify reasonable, but not comprehensive, assurance services that ar performed by professional auditors to advance the credibility of internal controls, IT systems, financial statements, compliancy with regulation and human resource practices. Our auditors will move culmina! tion reports that will...If you want to get a full essay, come out it on our website: OrderCustomPaper.com

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