As corporate controller for Apollo Shoes, you are tasked to find and explain any irregularities in the Apollo Shoes Case.
Resource: Apollo Shoes Casebook
Define the process you will use and address the following assessed classroom discussion questions:
What procedures will be used to collect accounting evidence?
What sampling tools and techniques will be used for the examination?
How will you use analytical and inferential tools to evaluate accounting evidence?
Submit your assignment to the facilitator.
Note. APA formatting is not required for this assignment. Use a title and reference page where appropriate. Consider using a checklist or flowchart to outline your process.
There are many irregularities that can arise
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79-80).
Substantive procedures for detecting irregularities in cash receipts include the following:
▪ review the cash receipts journal and master file for unusual transactions; ▪ trace cash receipts entries from the cash receipts journal entries to the bank statement; ▪ prepare a proof of cash receipts; ▪ obtain a...
Although every investigation case is unique, the investigation process is similar for most cases and usually consists of four stages: Goal Setting, Planning, Investigation and Evaluation. The investigation process starts with goal setting. Goal Setting sets the expectation and identifies the complainant’s goals as well as obtainable results and acceptable outcomes. “The effectiveness of every fraud investigator, in pursuing either criminal or civil fraud investigations, is ultimately judged by how closely—and consistently—she reaches or exceeds her investigative goals.”
Once the goals and expectation have been clearly defined, then an investigative plan is developed. Financial fraud investigations usually involves large amounts of data and information, an investigative plan focuses and controls the investigation and helps to manages the volumes of data gathered in an investigation.
The investigation process begins with intelligence gathering, these procedures includes database searches,
Report findings and conclusions from the research project (remember to include your action plan given to you at the beginning of the course) (P6)
The paper should be written in APA format using Times New Roman, 12-point font. It should be no less than 500 words and written in paragraph format. You will need to include in-text citations and references.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
1. The witness has first had an opportunity to explain or deny it and counsel for the other parties have had an opportunity to ask about it, and
The following memo aims to outline the results of the audit of Apollo Shoes, give recommendations to improve the company’s operations, and provide justification for our qualified opinion.
5.Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
ii) Prepare this assignment according to the MLA guidelines found in the GCU MLA Style Guide, located in the Student Success Center. An abstract is not required.
We have audited the accompanying balance sheets of Apollo Shoes, Inc. as of December 31, 2008, and the related statements of income, comprehensive income, shareholders’ equity, and cash flows for the year ended, and related notes to the financial statements. We have also audited management’s assessment, included in the accompanying Management’s Report on Internal Control Over Financial Reporting, that Apollo Shoes, Inc. maintained effective internal control over financial reporting as of December 31, 2006, based on criteria established in
So for an example, the investigator can say, this is a murder, the person was stabbed, and the motive was this person was caught having an affair. After the investigator comes up with his hypotheses he/she will then test it, if the evidence does not support his/her theory then he would start over on figuring out what, why and how it all occurred.
This assignment uses a rubric. Students should review the rubric prior to beginning the assignment to become familiar with the criteria and expectations for successful completion.
We designed the Apollo Shoes audit case to introduce students to the entire audit process, from planning the engagement to drafting the final report. Students are asked to assume the role of a veteran of two-to-three “busy” seasons, “in-charging” for the first time. Communication between the students and client personnel and other firm members takes the form of e-mail messages from the engagement partner (Arnold Anderson), the engagement manager (Darlene Wardlaw), an intern (Bradley
Each week, the student will have a specific portion to submit (hereunder) as described in the modules. Prepare each assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
2. Estimation the value of Mercury based on discounted cash flows and Liedtke’s base case projections.
Your assignment is to be not more than 8 pages double spaced using Time Roman 12 point font. It is to have an introduction and conclusion. You must include reference to the course readings or sources outside the course that you have consulted in preparation for this assignment. Be sure to properly cite your references and to provide a reference list following the conclusion to the essay. Make liberal use of section and sub-section headings in the structure of the