Accounting

Assume you are testing a sample of the accounts receivables for an audit client and, with the use of monetary unit sampling, have calculated a total estimated misstatement of $446,500. The audit team has set the tolerable misstatement threshold at $450,000 and the ending accounts receivable balance for the audit year is $2,250,000. With regard … Read more

Understanding The Audit Client Before the Audit Auditors must develop industry and client specific knowledge. Identify the inherent risks of retail sales: brick & mortar vs. e-commerce. Additionally, identify two key accounting cycles relevant to the retail sales industry.  An important aspect of an audit is understanding the industry the audit client operates in. Ribio … Read more

During a calendar year audit of Avelis Industries Inc., an established espresso machine wholesaler, the auditing firm discovers that several checks are out of sequence on the subsequent month’s (January) bank statement. After further inquiry, it is discovered that Katie Larello, the company’s president, takes a 2 week break at the end of each year. … Read more

The Solar Panels Business CaseI. Introduction Central Arizona Storage has 850 stores. As part of the CEO’s low-cost supply chain strategy, $0.5bn of capital has recently been invested in a warehouse t The Solar Panels Business CaseI. Introduction The Solar Panels Business CaseI. Introduction Central Arizona Storage has 850 stores. As part of the CEO’s … Read more

The Solar Panels Business CaseI. Introduction Central Arizona Storage has 850 stores. As part of the CEO’s low-cost supply chain strategy, $0.5bn of capital has recently been invested in a warehouse transformation program. The objective of the strategy is to reduce costs to increase profits. However, news and financial analyst reports have viewed the recent … Read more

In 2020, the AICPA issued Auditing Standards No. 142, Audit Evidence. Answer the following questions regarding the audit standard. How does the concept of obtaining sufficient and appropriate evidence align with the auditor’s responsibility to construct an effective audit plan? Consider the importance of these factors on the overall audit process, including the selection of … Read more

The Solar Panels Business CaseI. Introduction Central Arizona Storage has 850 stores. As part of the CEO’s low-cost supply chain strategy, $0.5bn of capital has recently been invested in a warehouse transformation program. The objective of the strategy is to reduce costs to increase profits. However, news and financial analyst reports have viewed the recent … Read more

Its a personal statement sample about joining a University for a mentioned course. It is wwll organised and it can be used as a sample for thise who want to join university for MBA level.You will find this so interesting. Attached is the answer for the personal statement. Feel free to engage when you purchase … Read more

Topic: Compute Medicare and Social Security Withholding In this discussion, please reflect on the previous weeks’ topics.  Choose a topic you found to be difficult or hard to understand.  Research this topic and present your findings.  Include a summary of the topic, why you found the topic to be difficult, and what you learned after … Read more

Topic: Computing Federal Taxes from gross pay using tax Tables  In this discussion, please reflect on the previous weeks’ topics.  Choose a topic you found to be difficult or hard to understand.  Research this topic and present your findings.  Include a summary of the topic, why you found the topic to be difficult, and what … Read more