Denver, CO 80204
April 9, 2012
Arnold Anderson, CPA
Engagement Partner
Apollo Shoes, Inc.
Shoetown, MA
Dear Mr. Anderson:
It has come to my oversight that your company, Apollo Shoes, Inc. has taken it upon themselves to provide management as well as investors and everyone else interested in your company with a professionally created study give out and Apollo Shoes is now determined to find the exceed analyzeing firm around. Before we go any further, let me explicate the exact nature of an audit as well as the other assurance service that may be reclaimable to your company along with the benefits of each, plus what is expected from me as an listener and your company as a client.
The basic principle quarter performing an audit is to gather and evaluate potential try about protestation that will help determine and report on the degree of correspondence between the information and try outed criteria, or standards (Arens, Elder, & Beasley, Chapter 1: The Demands for Audit and Other sanction Services, 2012). It is from these standards that the information is evaluated from.
The reports that are generated by the audit help to inform the readers about the degree of correspondence between the information that has been audited and the establish criteria, which is one of the primary reasons behind performing an audit. The evidence that an audit is based upon is the information that deems the information that is being audited is in symmetricalness with the established criteria (Arens, Elder, & Beasley, Chapter 1: The Demands for Audit and Other sureness Services, 2012). This evidence used can be in many another(prenominal) different forms, such as electronic and documentary selective information about transactions, written and electronic communication with outsiders, observations by the auditor, and verbal testimony of the auditee, or the client. A sufficient quality and pot of data needs to be gathered to create a worthy purpose behind the audit. An audit provides assurance of...If you necessity to get a full essay, order it on our website: Orderessay
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