Larry Lancaster, CEO Apollo Shoes, Inc. Shoetown, Maine Dear Mr. Lancaster My name is xxxxxxxx. I am the Audit Manager at Anderson, Old, and Watershed, CPAs, LLC. I have been with Anderson, Old, and Watershed, CPAs, LLC little over 10 years. I have provided and continue to provide various auditing and assurances services to our clients. I have extensive background in retail industry. I am writing this letter to confirm our upcoming arrangement with Apollo Shoes and briefly introduce you
Words: 1067 - Pages: 5
27 First Street, 2nd Floor Astoria, Florida 12346 September 5, 20xx Apollo Shoes, Inc. Larry Lancaster, CEO 1 Moccasin Drive Shoetown, ME 98765 Dear Mr. Lancaster: Thank you for the opportunity to provide you with some information that will help you understand how our accounting firm can be an asset to your business. Our firm will provide auditing and assurance services that will benefit Apollo Shoes. We will provide independent professional opinions so that you can make better
Words: 655 - Pages: 3
Auditing Introduction Letter University of Phoenix ACC 546 Auditing Introduction Letter To: Management of Apollo Shoes From: Martin & Associates, CPA Re: Auditing and Assurance Services Thank you for the opportunity to present the benefits and services that our firm offers. This letter is intended to explain the benefits of each option, our role in providing the available assurance services, and the qualifications required to meet the standard for the services offered. Martin & Associates
Words: 630 - Pages: 3
October 17, 2011 Mr. Larry Landcaster, President and Chairman Apollo Shoes, Inc. Dear Mr. Landcaster: This letter is to introduce you to our auditing services and other assurance services we offer. In addition to just an audit of your financial statements, we would like to offer and inform you of some of our assurance services. Offers we would like to include with your audit are annual contracts for unlimited attestation services, WebTrust, and a quarterly review of interim financial information
Words: 436 - Pages: 2
ACC 491 Entire Course http://homeworkgallery.com/index.php/product/acc-491-entire-course/ http://homeworkgallery.com/index.php/product/acc-491-entire-course/ http://homeworkgallery.com/index.php/product/acc-491-entire-course/ ACC 491 Week 1 Individual Assignment Generally Accepted Auditing Standards Paper Write a 700- to 1,050-word paper in which you explain the nature and functions of auditing. Relate your explanation to the audit functions in your organization, or an organization
Words: 1244 - Pages: 5
This will confirm our understanding of the arrangements for our audit of the financial statements of Apollo Shoes, for the year ending December 31,2011. We will audit the Company's balance sheet as of December 31,2011 and the related statements of income, retained earnings, and especially cash flows for the year then ended, for the purpose of expressing an opinion on them. The financial statements are the responsibility of the Company management. Our responsibility is to express an opinion on
Words: 526 - Pages: 3
Running Head: Intro to Audit Letter Larry Lancaster President, Chairman and CEO Apollo Shoes, Inc. 321 Shoe Place Blvd Shoetown, MAINE, 00001 Dear Mr. Lancaster, The purpose of this letter is to introduce you to the auditing services and other assurances we offer and explain you the benefits of each. We believe that conducting financial, compliance, and operational audits will be beneficial to your company. A financial statement audit of your company will assist
Words: 1285 - Pages: 6
TO: Darlene Wardlaw FROM: Team 2 section 2 DATE: 1/31/2016 SUBJECT: (GA-5) Materiality for Apollo Shoes From analyzing the data from the financial statement of Apollo Shoes.Inc, I had found many points that was found to be skeptical of containing material misstatement of a company’s assertions. 1. Independent auditors’ concept of materiality As an independent auditor, our goal is to obtain the reasonable assurance about whether the financial statements as a whole are free of material misstatement
Words: 610 - Pages: 3
allowance for slow moving inventory. The table below displays the interrelationship of the transactions related to audit objectives, tests of controls, and substantive test of transaction that should be approved during the audit process of Apollo Shoes, Inc. |Transaction- Related Audit Objectives |Tests of Controls |Substantive Tests of Transactions | |Existence: Inventory as recorded on tags exists|Select a random sample of tag numbers and
Words: 1179 - Pages: 5
in the Apollo Shoes Inc. Case financial information. These events need an additional attention and possibly investigation to prevent fraud: * In the Minutes of the Audit Committee from October 18, 2011 - Mr. Unum (VP Finance) refused to disclose the information about the circumstances surrounding the unexpected withdrawal of the previous auditing company from the engagement. He also refused to give the new auditing firm permission to contact that company. The relationships between Apollo Shoes
Words: 1716 - Pages: 7
