Apollo shoe case comparative financial statements 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. Group 1 apollo 7: control evaluation and testing in the revenue cycle - evaluate the results of the control testing of the revenue cycle using the materials in the case look for patterns in errors that may indicate specific weaknesses over assertions. Apollo shoe case this paper will discuss the internal controls and auditing of apollo shoes inc apollo shoes inc is lead by larry lancaster, ceo, president, and chairman of the apollo shoes board of directors. Apollo shoe case - team b week 2 4 this audit was a little more interesting than first expected picket lines were outside the company as the audit took place we know that saul panzer and king stout, apollo's top 2 salesmen, presented a proposal for building and marketing custom-made privy shoes.
Apollo shoes, inc is an audit case designed to introduce you to the entire audit process, from planning the engagement to drafting the final report you are asked to assume the role of a veteran of two-to-three. Apollo shoe case financials essay i am sorry that you were unable to attend the audit meeting last week, but darlene wardlaw said that you were busy with another client - apollo shoe case financials essay introduction.
Apollo shoes, inc preclosing trial balance (audited) december 31, 2001 account id account description 10100 cash on hand 10200 regular checking account. Acc 492 week 2 apollo shoe case assignment resource: apollo shoe case link in week two on the materials page complete the following audit sections: • revenue and expenses o before completing. Apollo shoes case revenue and expense while evaluating apollo shoes, there are some areas of concern that are potential fraudschemesthe fraud can lead to the entire collapse/demise of the company if not correctedthese will also affect the share value and investor confidence. Well, things are coming to a close the last thing that we have to do is to look at revenues (r-1) and expenses (x-1) we can tie down most of the numbers from the work that we have done previously for example, we can feel pretty good about the revenue that was confirmed in the accounts receivable.
Apollo denied our request to speak with the predecessor auditors because of litigation concerns i've looked at the 8-k filed by apollo and the auditors referenced in the 10-k i didn't attach a copy because it didn't say much, just something about incongruent goals, blah, blah, blah. Resource: apollo shoe case link in week two on the materials page complete the following audit sections: revenue and expenses before completing this section, review the material in the planning section with emphasis on the trial balances and apollo shoes minutes and the accounts receivable section with emphasis on the audit of accounts receivable - confirmations. Audit ii apollo case final project apollo shoes revenue & expenses memo we have now completed our audit of the revenue and expense accounts for apollo shoes inc. Apollo shoes case solutions 194 pages apollo shoes case solutions uploaded by alisha lewis download with google download with facebook or download with email.
Apollo shoes, inc an audit case to accompany auditing and assurance services prepared by timothy j louwers m loretta manktelow james madison university. Question this question was answered on jul 25, 2010 view the answer apollo shoes case assignment using the apollo shoes case materials, available under the assessment section of week three of your page, complete the inventory audit section. Notes on apollo shoes audit case task #1 (overview/intro) go to the weekly materials folder and locate the apollo shoes files folder, between the week 1 and week 2 folders under this menu you will find a file entitled apollo shoes case studydoc. Apollo shoes engagement letter financial of apollo shoes inc, for the year ending december 31, 2011 ----- ----- we will audit the company's balance sheet at december 31, 2011, and the related statements of income, comprehensive income, stockholders equity, and cash flows. View notes - week 2 lt apollo shoes case revenue & expenses from acc 492 at university of phoenix apollo shoes, inc schedule of revenues for year ended 12/31/2007 pbc r-1 prepared by reviewed.
A use analytic procedures on returns and warranty expense to make sure that they are reasonable (found in the 2007 schedule of revenues) use analytic procedures on returns and warranty expense to make sure that they are reasonable (found in the 2007 schedule of revenues. - with apollo's extensive use of e-mail now, i think postage and phone expenses are down from last year the expenses are down $23,77476 for telephone and $50,22960 it is amazing how much a company can save when switching to email. Apollo shoes introduction student name acc/546 - auditing date instructor date larry lancaster anderson, olds, and watershed, cpas president and chairman of apollo shoes chicago, illinois 60612 apollo shoes inc 100 shoe plaza shoetown, me 00001 dear mr lancaster: anderson, olds, and watershed i is a full service accounting firm, providing.
Resource: apollo shoe case link in week two on the materials page complete the following audit sections: • revenue and expenses o before completing this section, review the material in the. Apollo shoes is an audit case designed to introduce you to the entire audit process, from planning the engagement to drafting the final report you are asked to assume the role of a veteran of two-to-three busy seasons, in. Apollo shoes case assignment using the apollo shoes case materials, available under the assessment section of week four of your page, complete the following audit sections: a prepaid and other assets.