+0000 From: "Darlene Wardlaw" Subject: Understanding the Revenue Cycle Attachment: I’ve attached a Sales internal control questionnaire from another engagement that I think you can use for Apollo. You may want to talk to Karina Ramirez to get answers to the questions. 1. Complete the ICQ for Apollo. For “yes” answers‚ add a comment stating which department and clerk performs the function. For “no” answers‚ describe the possible “errors” or “frauds” that could occur because of the control
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Apollo Shoes Case Assignment Apollo Shoes Inc.‚ Anderson‚ Olds‚ and Watershed has enjoyed working with your company this year‚ and look forward for more to come. Enclosed are the item that your company has requested of us‚ while there are some improvements to be made‚ your staff has done a fantastic job in assisting us with our audit. We hope that we have assisted your company and answered any questions about improvements to be made. Team C Sales Internal Control Questionnaire for Apollo
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Date: 19 Jan 1:30:27 From: Dennis Reese Subject: Revenue Cycle Problems I have looked over Bradley’s report and yes we do have some issues with the Sales‚ and Account Receivables. The fourth quarter deviations overstated are the worst because they can have the most effect on the Financial Statements. The controls need to be more uniform as Bradley stated because then they would even out through the months instead of hitting us mostly on the fourth quarter. The company reports financial
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Acct # | Acct Title | W/P Ref | Last Years (Audited) | Current Years (Unaudited) | Dr. | Cr. | Audited | 10100 | Cash on Hand | | 1‚987.28 | 2‚275.23 | | | | 10200 | Regular Checking Account | | 198‚116.52 | 532‚125.92 | | | | 10300 | Payroll Checkiing Account | | | | | | | 10400 | Savings Account | | 3‚044‚958.13 | 3‚670‚599.15 | | | | 11000 | Accounts Receivable | | 16‚410‚902.71 | 49‚780‚259.98 | | | |
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Relevant Information-Apollo Shoe GA-3 Information Relevant to 2011 Audit Audit Action Recommended Pressure to meet sales targets GA 3-1 Increase procedures related to existence of sales and valuation of receivables‚ as well as cutoff Purchase of equipment GA 3-1 Verify through invoices and receiving reports if equipment purchased during the year Verify terms of refinancing for accuracy as well as interest payments. Line of credit refinanced GA 3-1 Did they pay note on Jan. 1‚ 2012 or refinance
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PAPER BRIDGE COMPETITION (GROUP PROJECT) OBJECTIVES: To construct a free span paper bridge that is capable of supporting a number of weights. The best score is achieved by total weight supported. SPESIFICATIONS: The bridge must be constructed from only paper and tape. Standard 4 pieces A4 paper size up to 80 GSM only can be used. The bridge span must be the A4 paper width. Glue can be used to join the members; for example‚ along the seam of a tubular member or at a point where two or
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Bonus Bridge Paper Transportation is key in today’s society. It’s all about getting from one place to another in the quickest way possible. The inconvenience of going around something or going directly through can be tiring and can take up a lot of time. That’s where bridges come in. A bridge is a structure carrying a road‚ path or railroad across bodies of water‚ other roads or any object that may be an obstacle. Although there are many different types of bridges‚ they all deal with compressible
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2/4/2013 Bridge improvements Building a bridge was trial and error. This is not something you can do over night. When building the bridge I have to focus on the structure‚ details and actually putting it together right. The structure of my frame I made with the thicker wood‚ but it should have been placed different. Looking at the data from testing other bridges‚ the bridges who double bonded their wood at the bottom last a lot longer that the one piece of wood. My bridge failed when one
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Morrell’s Social Studies 6/7 Apollo Research Paper Introduction: Hi. I am about to talk to you about a Greek God named‚Apollo. Apollo was an olympian god of music‚poetry‚ prophecy‚ youth‚ healing‚ and the aversion of plague and harm. Apollo’s Roman and Greek name are the same they are both Apollo. Apollo is usually found in is Mt.Olympus. He has a lot of Myths that say he has been is Mt.Olympus for over 56 years!! Which is actually a lot of years to stay in one place. Apollo has 8 powers and they are
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Apollo 13 Film Analysis | Andrew Hendrian | MG306/CO342Dr. Kruml & Dr. Curtin | | Apollo 13 Final Paper Outline 1. Culture (Subculture) a. Collaborative i. Work constantly done or completed in teams b. Innovative ii. Find ways to do impossible things – make the O fit into the square c. Arrogant iii. We will not fail‚ “Failure is not an option” – Gene Kranz d. Comfort level within teams iv. They did not want to
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