PLEASE USE THE RESOURCES LISTED BELOW...APA SINGLE SPACE. 400 WORDS.
Read the afterward standards as presented at the PCAOB
3100 Reporting on Audits of Banking Statements
AS 3101: Reports on Audited Banking Statements
AS 3110: Dating of the Independent Auditor's Report
AS 3320: Association with Banking Statements
Forming an Opinion and Reporting on Banking Statements
Forming an Opinion and Reporting on Banking Statements: Auditing Interpretations of Section 700
Modifications to the Opinion in the Independent Auditor’s Report
Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report
Special Considerations—Audits of Banking Statements Prepared in Accordance with Special Purpose Frameworks
Special Considerations—Audits of Single Banking Statements and Specific Elements, Accounts, or Items of a Banking Statement
The accountant determines that anniversary of the afterward objectives will be allotment of your analysis of Bozington, Co., Inc. For anniversary analysis objective, baddest a absolute action that would advice to accomplish that objective. Anniversary of the procedures may be acclimated once, added than once, or not at all.
1. Establish the abyss of inventories.
2. Establish the accurateness of amount amounts of inventories.
3. Actuate that the presentation and acknowledgment of inventories and amount of appurtenances awash is adequate.
4. Establish that the applicant has rights to the recorded inventories.
5. Establish the actuality of catastrophe inventory.
a. Appraise accepted vendors' amount lists.
b. Review drafts of the banking statements.
c. Baddest a sample of items during the concrete account calculation and actuate that they accept been included on calculation sheets.
d. Baddest a sample of recorded items and appraise acknowledging vendors' invoices and contracts.
e. Baddest a sample of recorded items on calculation bedding during the concrete account calculation and actuate that items are on hand.
f. Test the acumen of accepted and authoritative activity rates.
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