Tuesday, December 25, 2018
'Auditing Introduction Letter\r'
'Dear Mr. Lancaster, I gain that Apollo office, Incorporated is concerned about getting certain auditing and sanction work. In nowââ¬â¢s business world a union needs to stay before by operating much successfully and proficiently than its competition. Stromsodt kitty help Apollo Shoes to gain this advantage by go auditing and assurance services designed for the society needs. Stromsodt is a attach to with certification in Service Auditor Assessments as considerably as succeeds specialization of auditing in atomic number 18as of pukka athletic podiatric products.\r\nStromsodt has been providing auditing and assurance services to businesses just now like yours for more than 30 years. With more than three decades of experience, Stromsodt has helped over hundreds of companies to come upon their comp whatever objectives and run more proficiently. Stromsodt is a beau monde that is more productive and cost-effective than any another(prenominal) auditing and assurance service confederation. The familiarity provides timely, experienced services at sensible fees. The Auditing and Assurance services Stromsodt offers are as follows 1. Statutory Audits 2. Internal Audits 3. Risk focal point.\r\n incorporate Governance 5. Tax Audit 6. Management Audits 7. Review of Accounts 8. Special Audits 9. Due industriousness 10. Restatement as according to International write up Standards (IAS)/ General Accepted Accounting Principles (GAAP) These services will benefit Apollo Shoes by 1. Ascertain whether the presentation of taradiddles are reliable and true 2. Timely detection of errors and takeoff in the companion 3. Timely credit of risks of material misstatements 4. Validation of accuracy, validity, and authenticity of account nurture 5. Improvement of profitability . maximization of revenue recovery 7. Preparation of documents on a timely basis What other firms fail to deliver, Stromsodt delivers. Stromsodt brings look upon to a company by foc us e on a companyââ¬â¢s objectives. Part of Stromsodtââ¬â¢s core philosophy is to provide and coif services that add only value to a client to reach destiny objectives. The company abides by five all important(p) principles when performing services for a client. These principles are integrity, objectivity, professional competence along with repayable care, confidentiality, and professional behavior.\r\nThe roles I perform at Stromsodt vary depending upon the service. Some general tasks I perform include 1. Reviewing financial statements to fasten deference to GAAP 2. Attesting the effectiveness of natural controls over financial key outing 3. Reviewing antecedent financial report. Reviewing financial statements to order conformity to GAAP helps a company by establishing to external users the assurance of a companyââ¬â¢s financial statements. Attesting the effectiveness of sexual controls over financial reporting helps to meet no potential material misstatements or raudulent activities have occurred. This helps to lessen the likelihood of event of these activities as well.\r\nReviewing previous reports can provide assurance to a company in knowing that its previous reports are accurate. In providing these services I would make received that Apollo Shoes has the necessary information to achieve the objectives of the company by abiding by the five principles set forth by Stromsodt. I will also stick to to the 10 general accepted be standards an accountant or CPA is involve to adhere by. These standards are as follows 1. debunk adequate training and proficiency. 2. Maintain freedom from the audited company. 3. Display professionalism in performance and plan the report. 4. Adequately plan the fieldwork and supervise assistants. 5. sufficiently understand the internal control of the company as well as determine the tests to test these controls. 6. appropriate sufficient information to back up opinion organise on the financial statements. 7. State and report if the financial statements represented are in accordance with GAAP. 8. State and report great deal of company not consistently using principles 9.\r\nRecommend additional information for disclosures anticipate to be in financial statements. 10. Provide opinion on the financial statements. In conclusion, I look forward-moving to talk of the town further about Apollo Shoes auditing and assurance needs and about how much Stromsodt can provide Apollo Shoes with these services. Please smell free to contact me anytime regarding this proposal. Thank you for the hazard to submit the proposal, and I, along with the entire supply at Stromsodt, are looking forward to working with Apollo Shoes in the dear(p) future.\r\n'
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