Kindly help complete the required information.

In this mini$-$case you will perform the Preliminary Analytical Procedures required as part of audit planning. For ease your audit manager has

already organized the workpapers and completed the planning materiality worksheet.

Instructions:

Read the planning materiality memo from your tean member $($Taylor Crump$),$ then read the steps in the audit program found on Work Paper B$-0$

and familiarize yourself with work paper B$-1.$ Complete all the steps on the audit program. Be sure to document your work using the designated

tick marks. The tick mark legend is located at the bottom of each work paper.

CLIENT:

PERIOD ENDED:

December $31,2020$

This completed form must be provided to the engagement quality control reviewer in the planning stage of every audit.

PlaNNIVG MLATERLALITY CALCULATION

Instructions: For this assignment you'll chose three different relationships $($ A$,$B$,$ and C $)$ from the trial balance $($a relationship $=2$

or more accounts$)$ and hypothesize at least two reasons we see the change we do$,$ as well as if you think RMM should increase,

decrease or remain neutral. Use your GAAP knowledge and your business acumen to appropriately address what may or may not

be expected. You are free to use any information available to you either via the memos or the competitor financial statements.

Don't know where to begin? Hint: It is useful to first figure out what the company does...

Example$)$ The auditor notes a significant increase in AR $(214\%)$ while Sales remain relatively constant $(-1\%).$ One reason we see

this unexpected change in AR without a supporting change in sales is that the credit policy changed and credit sales were extended

to lower quality eustomers who have been less likely to remit parment. Further investigation will be performed. Another reason

we may see the change is that some uncollectible accounts in AR were not removed, we note a supporting decrease in Bad Debt

Expense which has no balance for the current year. This raises the risk of material misstatement associated with AR and the ADA

and BDE.

A$)$

B$)$

C$)$

In this mini$-$case you will perform the Preliminary Analytical Procedures required as part of audit planning. For ease your audit manager has already organized the workpapers and completed the planning materiality worksheet.

Instructions:

Read the planning materiality memo from your tean member $($Taylor Crump$),$ then read the steps in the audit program found on Work Paper B$-0$ and familiarize yourself with work paper B$-1.$ Complete all the steps on the audit program. Be sure to document your work using the designated tick marks. The tick mark legend is located at the bottom of each work paper.

CLIENT:

PERIOD ENDED:

December $31,2020$

This completed form must be provided to the engagement quality control reviewer in the planning stage of every audit.

PlaNNIVG MLATERLALITY CALCULATION