You are the auditors of Ty' apollo Limited, a manufacturing company. You are assigned to complete the
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Question:
You are the auditors of Ty' apollo Limited, a manufacturing company. You are assigned to complete the test of the expenses and have been presented with the attached schedule of expenses for the year ended March 31,2021 and the comparatives for 2020. The audit supervisor has set the materiality level at $55,000.
Required:
Perform the steps to be carried out in applying analytical procedures to audit the expenses.
Prepare the worksheet.
Identify at least five accounts for further investigation and briefly state why and the procedure you will employ in carrying out the investigation.
Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
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