Archer Uniforms Inc. is a distributor of professional uniforms to retail stores that sell work clothing to
Question:
Given that Archer's IT staff lacked the experience necessary to create and support the online sales system, management engaged an IT consulting fi rm to design and maintain the online sales system.
REQUIRED
a. Before performing analytical procedures related to the human resources and payroll cycle accounts, develop expectations of how these recent events at Archer Uniforms Inc. will affect payroll expense for the following departments during 2016 compared with prior years' payroll expense. Indicate the degree (extensive, moderate, little) to which you expect the payroll expense account balance to increase or decrease during 2016, with reasons supported by the facts of the case.
1. Warehouse and shipping department.
2. IT department.
3. Accounts receivable department.
4. Accounts payable department.
5. Receiving department.
6. Executive management.
7. Marketing.
b. Provide additional audit procedures (by assertion) that might be required.
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Related Book For
Auditing The Art and Science of Assurance Engagements
ISBN: 978-0133405507
13th Canadian edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones
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