Apollo shoes case – internal control audit project student name(s) acc/490 date instructor shipping employee – shipping department accounts receivable clerk – accounts receivable department yes yes yes marketing vice president / marketing department general ledger supervisor / general ledger control. According to the sarbanes-oxley act of 2002, we will need to perform an attestation engagement on the effectiveness of apollo's internal controls, as well as provide you the usual separate management letter on our internal control evaluation and other related findings ms ramirez (internal auditor): darlene, i agree,. Essay about apollo shoes - internal controls solution 4098 words | 17 pages icc-1 apollo shoes, inc internal control questionnaire sales transaction processing december 31, 2007 objectives and questions yes, no, n/a comments environment: 1 is the credit department independent of the sales.
We will also audit whether apollo shoes inc maintained effective internal control over financial reporting as of december 31, 2014, based on criteria established in internal control--integrated framework issued by the committee of sponsoring organizations of the treadway commission (coso criteria.
This guide is designed to help small business owners and operators understand the need for internal controls and develop simple systems to put in place in their businesses whether a business is a sole trader or has many employees, introducing internal controls will ensure that the business runs more efficiently,.
It is the responsibility of the management of apollo shoes incorporation to prepare these financial statements we are responsible to conduct the audit of financial statements of the company and to express an opinion on the basis of audit findings in addition to the audit we have also audited management's assessment,.
We also have audited, in accordance with the standards of the public company accounting oversight board (united states), the effectiveness of apollo shoes's internal control over financial reporting as of december 31, 2006, based on criteria established in internal control—integrated framework issued by the committee.
Sales internal control questionnaire for apollo shoes audit internal control questionnaire—sales transaction processing assertions and questions yes, no , n/a comments occurrence assertion: 1 is the credit department independent of the sales department yes the credit manager is theshow more. Identified in apollo shoes assessing control risk is the process of evaluating the design and operating effectiveness of a company's internal controls as to how it prevents or detects material misstatements in the financial statement assertions of management (hayes, dassen, schilder, & wallage, 2005) the.