{"id":49309,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/for-babaer-makayla-only"},"modified":"2017-08-16T12:21:50","modified_gmt":"2017-08-16T12:21:50","slug":"for-babaer-makayla-only","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/for-babaer-makayla-only\/","title":{"rendered":"FOR BABAER MAKAYLA ONLY"},"content":{"rendered":"<p>Audit Report and Internal Control Evaluation<\/p>\n<ul>\n<li>\n<ul>\n<li>Due&nbsp;Jan 19, 11:59 PM<\/li>\n<li>Not Submitted<\/li>\n<li>POINTS&nbsp;10<\/li>\n<\/ul>\n<\/li>\n<li>&nbsp;PaperObjectives:&nbsp;\n<ul>\n<li>3.1<\/li>\n<li>3.2<\/li>\n<li>3.3<\/li>\n<\/ul>\n<p>&nbsp;&nbsp;<\/p>\n<ul>\n<li>Instructions<\/li>\n<li>Assignment Files<\/li>\n<li>Grading<\/li>\n<\/ul>\n<p>&nbsp;&nbsp;<\/li>\n<\/ul>\n<p><b>Evaluate<\/b>&nbsp;the evidence provided by Apollo Shoes.<\/p>\n<p><b>Decide<\/b>&nbsp;how to structure the audit report for the provided evidence.<\/p>\n<p><b>Compose<\/b>&nbsp;an audit report reflecting the appropriate length, sections, and content for the provided information but no more than 1,400. In addition to the Audit Report, include the following:&nbsp;<\/p>\n<ul>\n<li>A description of the evidence<\/li>\n<li>A description of the accounting sampling and testing procedures used<\/li>\n<li>A rationale as to why the type of audit report selected was chosen and the value of the audit report.<\/li>\n<\/ul>\n<p>&nbsp;**Use Ch. 3 of&nbsp;Auditing and Assurance Services&nbsp;to complete the assignment.<\/p>\n<p>There are a few things that I&#8217;d like you to pay close attention to in the Apollo Shoes case.<\/p>\n<p>1. &nbsp;Mall-Warts filed bankruptcy, which means Apollo Shoes will not be receiving the money that Mall-Warts owes for the shoes that were shipped to them in December.&nbsp; Apollo Shoes&#8217; management has recorded the sale, so net income is overstated.<\/p>\n<p>2. Apollo Shoes is dealing with an ongoing strike.<\/p>\n<p>3. Apollo Shoes financed their operations through 2007 with debt instead of sales revenue.<\/p>\n<p>These items don&#8217;t necessarily mean that the company&#8217;s financial statements aren&#8217;t presented fairly, so it doesn&#8217;t mean that you need to issue an adverse opinion.&nbsp;<\/p>\n<p>Remember to include information regarding the company&#8217;s internal control over financial reporting.&nbsp; You&#8217;ll add this after your opinion paragraph but before your signature.<\/p>\n<p>Please let me know if you have any other questions.&nbsp; There will be helpful posts made in the &#8220;miscellaneous topics&#8221; thread throughout the week.<\/p>\n<p>&nbsp;P.S.&nbsp; The items that I mentioned above need to be mentioned in the report<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Audit Report and Internal Control Evaluation Due&nbsp;Jan 19, 11:59 PM Not Submitted POINTS&nbsp;10 &nbsp;PaperObjectives:&nbsp; 3.1 3.2 3.3 &nbsp;&nbsp; Instructions Assignment Files Grading &nbsp;&nbsp; Evaluate&nbsp;the evidence provided by Apollo Shoes. Decide&nbsp;how to structure the audit report for the provided evidence. Compose&nbsp;an <a href=\"https:\/\/www.benedictsol.com\/blogs\/for-babaer-makayla-only\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-49309","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=49309"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49309\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=49309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=49309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=49309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}