Audit

Beginning the Audit Report October 25, 2007 Mr. Joe Bootwell Executive Senior Vice-President & CFO Apollo Shoes, Inc 100 Shoe Plaza Shoetown, Maine 00001 Dear Mr. Bootwell, Thank you for choosing Team D Auditing for your audit needs. This letter is to inform you on how we plan to begin the audit process for your company. We will be performing an audit on the financial statements for Apollo Shoes for the year ended December 31, 2007 in order to provide reasonable assurance that the statements are

& Weisserman LLP has been appointed as the new auditor of the public company Dollarama Inc. for the current fiscal year-end as at January 29, 2012. Please find in the following pages a report on the audit plan that was used to conduct our audit for the year ended January 29, 2012. Even though the audit of 2012 was performed by PWC, the assumption used for this project was that our firm was the new auditor for 2012. Please do not hesitate to contact us if you have any questions. Yours Sincerely

Apollo Shoes Audit June 26, 2011 John Doe, CIA, CFE Anderson, Olds, Watershed Associates 9295 Reitz Ave Baton Rouge, LA 70092 June 26, 2011 Karina Ramirez Director of Internal Audit Apollo Shoes 100 Shoe Plaza Shoetown, ME 00001 Dear Ms. Ramirez: On behalf of Anderson, Olds, and Watershed Associates, I am writing to offer our auditing and assurance services to your firm in conjunction with your current audit staff. Anderson, Olds, and Watershed Associates (AOW) is a nationally renowned

client’s management team meet your firm’s standards of integrity? As an integral part of most engagements, the CPA will be relying on the management of the prospective client to provide meaningful disclosures and representations. Especially for tax and audit engagements, ask yourself these questions: a) Does the business/leadership team have a history of enforcement/criminal actions? b) Does the prospect pay its bills/honor its agreements? c) Does the prospective client have a litigious nature, either

discussion that many firms across the country find essential to the development of their audit staff. Measuring and using materiality to obtain desired results during an audit becomes the responsibility of the staff member of a CPA firm. Partners and managers of a firm typically allow the staff member to use his/her judgment when applying this concept during the fieldwork of an audit. The overall success of an audit relies at least in part on the materiality concept; therefore, staff members’ continuing

During the audit of the financial statements we will be assessing the internal controls in use as mandated by the Sarbanes-Oxley Act of 2002. The act was designed to enhance corporate responsibility as it relates to financial reporting issues. Section 404 covers the internal controls that have been setup by the company. Internal controls are designed to protect the assets of a business from misuse or loss. Internal controls also help the business to streamline processes so that goals can be achieved

The Audit of Smackey Dog Food, Inc. James Fleming Acct 555 Course Project AUDIT OF SMACKEY DOG FOODS, INC The Smackey Dog Food, Inc. is a family owned business. It was started by three sisters, Sarah, Kim and Jillian, in the kitchen of their home. They lived in a suburban area of Chicago, Illinois. Their business is making all natural dog food. After using their own dogs and the neighbor’s dogs as test subjects, it was discovered by local vets, pet stores and grocery stores. These local

AYB 301 Audit & Assurance ------------------------------------------------- Group Ethics Project ------------------------------------------------- ------------------------------------------------- Semester 1, 2015 ------------------------------------------------- Total Word Count: 1250 ------------------------------------------------- This case study will analyse the ethical dilemmas faced by David, audit manager at C & A who is hired to do the financial year-end audit for MAL. The

The audit expectation gap The meaning of the expectation gap involves argument concerning the contradictory meaning of what an audit is to user of financial statement, the public and the audit profession. Expectation gap is the difference between what the public assumes to be the role of audit and what the audit profession claim their role is in carrying out the audit function. . All the theories above describe the expectations the stakeholders have of the auditors, including protection against fraud

term “engagement risk.” What are the key factors likely considered by Deloitte and other audit firms when assessing engagement risk? How, if at all, are auditors’ professional responsibilities affected when a client proposes a higher than normal degree of engagement risk? I believe that the term “engagement risk” implies that inherent client-specific risks face an auditor throughout the course of an audit, thus creating a risk that the auditor will be unable to successfully assess and manage these