Smackey Dog Foods

You Decide Project Smackey Dog Foods, Inc. Smackey Dog Foods, Inc. manufactures two overlap lines of dog food, sells their product to retail store distributors and is growing speedily than their competition. They have decided to expand their facilities and purchase more equipment in station to keep up with the demand, but found themselves in need of a capital loan in full-dress to accomplish this objective. The bank is requiring that Smackey Dog Foods, Inc. provide studyed financial statements frontward they are testamenting to consider the loan. Smackey Dog Foods, Inc. presented Keller certified public accountants with the fortune to take them on as a thickening to have sex their audit, and Keller CPAs has accepted the proposal. This paper lead discuss the four phases of the Smackey Dog Foods, Inc. audit and the challenges that Keller CPAs pull up stakes be faced with during the audit cycle. The following audit phases will be discussed in more detail: supply and intent an audit approach, performing tests of controls and substantive tests of transactions, performing analytical procedures and tests of expound of balances and completing the audit and issuing an audit report.

During the planning and program phase, Keller CPAs must consider the address of accumulating endorse for the audit, ensure that sufficient appropriate evidence is amass to realise their professional responsibility, and identify why Smackey Dog Foods, Inc. ask the audit. Keller CPAs decision to accept this client inevitably to be made by a senior person on the audit team who is responsible for making the definitive decisions and should be decided ! upon early in the engagement, before incur be that may non be recoverable. Keller CPAs has never audited a dog food manufacturer, so by accepting the excogitate they must ensure there is not a transgress of the professional rules of conduct by doing their prep on this fount of industry in order to nominate a mean(a) audit report. Keller CPAs should grow an understanding of Smackey Dog...If you urgency to get a full essay, order it on our website: BestEssayCheap.com

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