What Are The Typical General Components Of An Audit Program Essays and Term Papers

  • Audit Program

    Audit Objectives: a. Determining that cash on hand as shown in the general ledger is represented by currency and coins on hand. b. Determining ownership and proper accountabilities c. Ascertaining that cash balances are available without restrictions. Audit Procedures: ...

    906 Words | 5 Pages

  • Audit Program

    udit 22-31 a. The audit program for the audit of Rakin Corporation's capital stock account would include the following procedures: 1. Examine the articles of incorporation, the bylaws, and the minutes of the board of directors from the inception of the corporation to determine the...

    584 Words | 2 Pages

  • Audit Program

    StoresCC: | From : Head – Internal Audit | Report No | Date : | * Subject: Audit Report on Operations of ABCD 1234 AND COMPANY WLL. We have done general operations audit of ABCD 1234 AND company WLL from 1.11.2012 to 20.11.2012 and submitting the draft audit report below.. Executive Summary:...

    2433 Words | 11 Pages

  • Certified General Accountants and the Audit

    CGA and the Audit Stéfanie-Claire Chartrand Mrs. Stepanek BAT4U1 02/10/14 Introduction An audit is an official inspection of an individual’s or organization’s accounts, typically done by an independent party, called an auditor. Audits are in place to determine...

    711 Words | 5 Pages

  • Audit Program Design Part1

    Audit Program Design Part One Audit Program Design Part One Anderson, Olds, and Watershed, LLP 6500 Riverside Ave. Jacksonville, Fl 32200 January 09, 2012 President, Chief Executive Officer Apollo Shoes Inc. 4500 Riverside Avenue Jacksonville, Fl 32200 Dear Mr. Wallace: This letter...

    1733 Words | 6 Pages

  • Strategic Audit - General Mills

    Strategic Audit Project Paper 1 Team 19 INTRODUCTION General Mills is an enormous, diverse, and extremely successful company. Their origins date back to 1856 when the Minneapolis Milling Company entered into the milling industry. Fast forward 105 years to 1965 and the company, now known as General Mills...

    3398 Words | 13 Pages

  • Audit Program Ii

    Auditing Program Design Part II The purpose of this part of the audit process for Apollo Shoes is to design tests of controls, substantive tests of transactions, and analytical procedures for the sales, collection, payroll, personnel, acquisition, and payment cycles. These test and procedures are with...

    2090 Words | 7 Pages

  • Accounts Receivable Audit Program

    AP-3:    ⇒Audit Program for Accounts Receivable Company          Balance Sheet Date        |  | |          The company has the following general ledger accounts...

    6391 Words | 37 Pages

  • Apollo Audit Program Design

    Apollo Audit Program Design Part I Kathryn Cook, Mary Dietrich, Robin Geisler, Connie Goddard ACC/546 July 18, 2011 Deborah Fitzgerald Thomas Apollo Audit Program Design Part I Anderson, Olds, and Watershed 612 North Street Shoetown, ME 00001 July 18, 2011 Apollo Shoe, Inc. Larry Lancaster...

    860 Words | 3 Pages

  • Recovery Audit Contractor Program

    Recovery Audit Program (RAC) Christina W. Furbert Devry University HIT230 Health Insurance and Reimbursement Professor Ingram Table of Contents What is RAC?........................................................................................................................................

    1190 Words | 4 Pages

  • English General Program

    Question 1: What is business research? Business Research is a method of collective information for making proper business decision. In general, business research refers to any type of researching done when starting or running any kind of business. For example, starting any type of business requires...

    2417 Words | 10 Pages

  • Financial education should be mandatory component of the school program To what extent do you agree or disagree with this statement?

    Financial education should be mandatory component of the school program To what extent do you agree or disagree with this statement?     It is an obvious fact that financial aspects are a major part of daily life, as an adult and even as a young individual. Each and every one of us has to make financial...

    301 Words | 1 Pages

  • Audit Program Design Part Ii

    Audit Design Program Part II ACC/546 March 12, 2012 Apollo Shoes, Inc. – Test of Controls, Substantive Test and Analytical Procedures During the audit plan, there are three important cycles that will be of focus for our team, they are Sales and Collection Cycle, Payroll...

    3397 Words | 19 Pages

  • Financial education should be mandatory component of the school program To what extent do you agree or disagree with this statement?

    Financial education should be mandatory component of the school program To what extent do you agree or disagree with this statement?     It is an obvious fact that financial aspects are a major part of daily life, as an adult and even as a young individual. Each and every one of us has to make financial...

    301 Words | 1 Pages

  • Audit Program Design Part II

     Audit Program Design Part II ACC/546 Audit Program Design Part II Smith & Smith Auditing Firm will be focusing on sales, collection, payroll, personnel, acquisition, and payment cycle during phase II of Apollo Shoes audit plan. Our firm will be designing test of controls, substantive...

    1494 Words | 11 Pages

  • Audit Program Design Part Iii

    Audit Program Design Part III AUDIT PROGRAM DESIGN PART III Inventory and Warehousing Cycle The audit of the inventory and warehousing cycle is designed to test inventory counts, processes, and operations. The classes of transactions in this cycle include sales, value of inventory, cost of goods...

    994 Words | 4 Pages

  • What Is an Environmental Audit?

    What is an Environmental Audit Environmental auditing is a systematic, documented, periodic and objective process in assessing an organization's activities and services in relation to: • Assessing compliance with relevant statutory and internal requirements • Facilitating management control...

    2896 Words | 19 Pages

  • AUDIT PROGRAM DESIGN PART II

    AUDIT PROGRAM DESIGN PART II Sales and Collection Cycle The objective in the audit of the sales and collection cycle is to evaluate whether the account balance affected by the cycle are fairly presented in accordance with accounting standards. There are five classes of transactions...

    2059 Words | 9 Pages

  • What Is the Need for an External Audit

    The need for an external audit in the case of companies arises primarily from the existence of split-up of ownership from control. When control is shared an audit report will be needed in order to ensure that all the partners or be it shareholders are on the same page as the managers (the ones who...

    1636 Words | 5 Pages

  • Audit Program Design Part 2

    Audit Program Design Part II Kendrick Cross, Teresita Gunn, Geri Franco, Heather Swayze ACC/546 July 08, 2013 Joseph Oloyede Sales and Collection Cycle When engaged in auditing a public firm, such as Apollo Shoe Inc., an auditor...

    1854 Words | 6 Pages