Instructors: Cecil B. Lucy
University of Phoenix
Auditing Introduction Letter
From: Langroodi, CPA
To : Management of Apollo Shoes, Inc.
RE: Auditing and assurance services
Dear Mr. Jason,
First, I would like to appreciate to giving me this opportunity to explain a couple points related to our firm and services, so then I’ll try to make them understandable and short as much as I can; because I know how valuable your time is.
Langroodi CPA has proud to being in business for more than 15 years and we always tried to build a close and comfortable relationship with our clients. We have the most educated and trained personnel and high quality audit tools. Our audit approach is successful because it concentrates on understanding the clients' business and control issues, and combines diagnostic process, risk assessment, and audit testing procedures.
My role in providing assurance is to ensure that there is sufficient audit evidence, to check the control present in the IT environment of your firm, testing control procedures, planning audit procedures, and assisting other auditors and experts. I check if the tests of controls have been properly completed and if substantive procedures have been carried out properly. At this time, I would like to explain some points regarding our services. First, I want to explain, what auditing means: “Auditing is the accumulation and evaluation of evidence about the information to determine and report on the degree of correspondence between the information and establish criteria”.
Auditing has a lot of benefit for every organization. I listed some of these benefits as follow: * Auditing can analyze the financial statements and make them understandable for users [including: Management, shareholder, investors, clients and …] * Auditing can identify the weakness in any organization. * Auditing can assess risks, quality and economy....