apolloshoes,inc

apolloshoes,inc

ID:36049539

大小:2.48 MB

页数:153页

时间:2019-04-29

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1、APOLLOSHOES,INC.AnAuditCasetoAccompanyAUDITINGANDASSURANCESERVICESPreparedbyTimothyJ.LouwersM.LorettaManktelowJamesMadisonUniversityJ.KennethReynoldsIndianaUniversityCopyright2015©McGraw-HillEducation. Allrightsreserved.NoreproductionordistributionwithoutthepriorwrittenconsentofMcGraw-HillEducat

2、ion.Page153AcknowledgementsWewouldliketogratefullyacknowledgethefollowingindividualsfortheirassistanceinpreparingandcompletingthiscase.SincereappreciationisduetoMarciaCroteau,ReaganMcDougall,MeghanPeters,DenisePatterson,BobRamsay,MikeShaub,andseveralclassesofLouisianaStateUniversityandJamesMadis

3、onUniversitystudents.Theirsuggestionsgreatlyenhancedseveralportionsofthecase.However,weremainresponsibleforallerrorsofcommissionandomission.Copyright2015©McGraw-HillEducation. Allrightsreserved.NoreproductionordistributionwithoutthepriorwrittenconsentofMcGraw-HillEducation.Page153IntroductionApo

4、lloShoes,Inc.isanauditcasedesignedtointroduceyoutotheentireauditprocess,fromplanningtheengagementtodraftingthefinalreport.Youareaskedtoassumetheroleofaveteranoftwo-to-three“busy”seasons,“in-charging”forthefirsttime.WhileApolloShoes’growthhasbeenphenomenal(therehasbeenadramaticgrowthinunauditedne

5、tincomeoverthepastyear),therearesomeconcerns:theclientdoesn’twantyourfirm(Anderson,Olds,andWatershed(AOW))totalkwiththepredecessorauditor,alaborstrikeislooming,andoneofApolloShoes’largestcustomersissufferingsomefinancialdifficulties.Becauseofbusyseason,thereislittlehelp,otherthanfromanuntrainedi

6、ntern.Whiletheinterncando“gruntwork,”suchasvouchingandgatheringinformationforyou,heappearsincapableofpreparingworkpapers,makingadjustingentries,orevengettinggoodcoffeeanddoughnuts.Assistancedoescomeintheformofanobjective,competentinternalauditstaff.Communicationbetweenclientpersonnelandotherfirm

7、memberstakestheformofe-mailmessagesfromtheengagementpartner(ArnoldAnderson),theengagementmanager(DarleneWardlaw),theintern(BradleyCrumpler),andthedirectorofApollo’sinternalauditdepartment(KarinaRamirez).Requiredassignmentsan

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