Case #4 Jiawei Qi Principle of audit and control (43010) Professor Ben Hoffman February 23‚ 2015 TO: Charles ward‚ CPA Partner FROM: Jiawei Qi DATE: February 23‚ 2016 SUBJECT: Assess control risk and plan tests of controls and substantive tests of transactions Introduction: The purpose of the memo is to communicate to you the outcome of the company’s control risk‚ the test of controls and substantive tests of transactions. General procedure: First‚ we assess the
Premium Auditing Internal audit Internal control
AVAILABLE CASE TOOLS I. SYSTEM FLOWCHART AND ER-DIAGRAM GENERATION TOOL Name of the tool: SMARTDRAW URL: This Software can be downloaded from: http://www.smartdraw.com. This is a paid software‚ but a 30-day free trial for learning can be downloaded. Requirements to use the tool: PC running Windows 95‚ 98 or NT. The latest versions of Internet Explorer or Netscape Navigator‚ and about 20MB of free space. What the tool does: Smartdraw is a perfect suite for drawing all kinds of diagrams and
Premium Graphical user interface Requirements analysis Data flow diagram
INTERNAL CONTROL CASES 1. Solution Smith’s Market a)‚ b) See diagrams on the following pages. c) Internal Control Weaknesses 1) Access to the cash drawers by sales clerks requires more accountability. Each drawer is accessed by various clerks throughout the day and cash may be withdrawn by any of them. 2) The internal cash register tape should be used as a control to determine how much cash (including checks‚ and credit card vouchers) should be in the register drawer. 3) The shift
Free English-language films Cash register Cheque
Bradmark Wholesale General Supply An ACL™ Case Study Bradmark is a wholesale general supply company that ships to business customers throughout Northeast Pennsylvania‚ New York state‚ and Southern Connecticut. Bradmark has developed a competitive edge by offering a wide variety of quality products at competitive prices. The company’s products range from paint to watering cans. Bradmark is a publicly owned company‚ whose board of directors has retained your firm to conduct the annual audit
Premium Invoice Purchase order
CASE STUDY ON… ONLINE FOOD ORDERING INDEX Definition‚ Abstract and Scope Legal Feasibility Operational Feasibility Economical Feasibility Technical Feasibility Social Feasibility Objective of Project Definition of Problem System Analysis and Designing Class Diagram E-R Diagram Data Flow Diagram Context Diagram Activity Diagram DEFINITION Online food ordering‚ is an internet e-commerce services with websites that feature interactive menus‚ ratings and reviews allowing customers to place orders
Premium Unified Modeling Language Flowchart
Nike has a link on their website that allows its customers to customize their own shoes on the internet. If you’re in the middle of your shoe design and have questions about what to do next you can go to the bottom of the Nike homepage where there is a customer service link and through that link you can click NIKEiD and click the link titled Help Building your NIKEiD order. The only problem with this is that this like is not on the NIKEiD page where you actually build your shoe. If you have any
Premium A Great Way to Care Customer 1918
CASE 1: EXPENDITURE CYCLE Question - Part I The MDEKA Sdn Bhd is a manufacturer of agriculture equipments servicing the southern region of peninsular Malaysia. The management generally has been pleased with the overall operations of the company to date. Procurement System However‚ the present procurement system has evolved through practice rather than having been formally designed. The management is of the opinion that the present procurement system is inadequate and needs revising to ensure
Premium Procurement Invoice Accounts receivable
SYNOPSIS for Comprehensive Project Report (MIB 4.7) Submitted by: 11-MIB- Semester-IV TITLE OF THE PROJECT COMPARATIVE STUDY OF THE MARKETING STRATEGIES OF FORTIS HEALTHCARE LIMITED‚ APOLLO HOSPITALS AND MAX HEALTHCARE INSTITUTE IN INDIAN HEALTHCARE INDUSTRY ABSTRACT The rate of growth of the health care industry in India is moving ahead neck to neck with the pharmaceutical industry and the software industry of the country. Much has been said and done in the health
Premium Health care Healthcare
Bradmark Comprehensive Case Chapter 9 – Revenue Cycle Questions Read the Bradmark Case located in the “Bradmark Case Description” folder and answer the following questions: 1) From the case description and the associated flowcharts‚ assess Bradmark’s internal controls over its revenue cycle procedures. Bradmark Comprehensive CaseChapter 10 – Expenditure Cycle 1) From the case description and the associated flowcharts‚ assess Bradmark’s internal controls over its expenditure
Premium Audit Accounts receivable
Marketing Management 2 Case: Converse 1. Give examples of needs‚ wants‚ and demands that Converse customers demonstrate‚ differentiating these three concepts. * Needs: States of felt deprivation. In this case the need of the customers are the basic physical need for clothing. They want something to wear on their feet. * Wants: The form human needs take as they are shaped by culture and individual personality. The customer of Converse wants to be seen as an individual in their
Premium Marketing Customer