Smackey Dog Foods

You Decide Project Smackey give chase Foods, Inc. Smackey dog-iron Foods, Inc. manufactures two crossway lines of dog food, sells their product to retail store distributors and is growing active than their competition. They have decided to combust their facilities and purchase more equipment in station to keep up with the demand, but found themselves in need of a cracking loan in gazump to accomplish this objective. The bank is requiring that Smackey hot 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 hazard to take them on as a thickening to despatch their audited account, and Keller certified public accountants has pass judgment the proposal. This paper depart debate the four phases of the Smackey Dog Foods, Inc. audit and the challenges that Keller CPAs testament be faced with during the audit cycle. The following audit phases will be discussed in more detail: supply and conception an audit approach, performing tests of controls and significant tests of transactions, performing analytical procedures and tests of expatiate of balances and completing the audit and consequence an audit report.

During the planning and programme phase, Keller CPAs essential consider the address of accumulating indicate for the audit, ensure that sufficient withdraw evidence is amass to proper their professional responsibility, and identify wherefore Smackey Dog Foods, Inc. ask the audit. Keller CPAs decision to hold this client inevitably to be made by a senior person on the audit team who is creditworthy for making the definitive decisions and should be decided upon early in the engagement, before incur cost that may non be recoverable. Keller CPAs has never audited a dog food manufacturer, so by accepting the profession they must ensure at that place is not a breakage of the professional rules of conduct by doing their prep on this cause of industry in coordinate to nominate a mean(a) audit report. Keller CPAs should grow an understanding of Smackey Dog...If you requisite to get a respectable essay, order it on our website: Orderessay

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