Smackey Dog Foods

You Decide Project Smackey Dog Foods, Inc. Smackey Dog Foods, Inc. manufactures two lap lines of dog food, sells their product to retail store distributors and is growing immediate 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 surcharge to accomplish this objective. The bank is requiring that Smackey Dog Foods, Inc. provide studyed financial statements out front they are testamenting to consider the loan. Smackey Dog Foods, Inc. presented Keller certified public accountants with the probability to take them on as a thickening to make do their audit, and Keller CPAs has accepted the proposal. This paper result hold forth the four phases of the Smackey Dog Foods, Inc. audit and the challenges that Keller CPAs entrust be faced with during the audit cycle. The following audit phases will be discussed in more detail: su pply and blueprint an audit approach, performing tests of controls and substantive tests of transactions, performing analytical procedures and tests of exposit of balances and completing the audit and issuing an audit report.

During the planning and flesh phase, Keller CPAs must consider the address of accumulating license for the audit, ensure that sufficient appropriate evidence is amass to construe 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 respo nsible 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 line of descent they must ensure there is not a sin of the professional rules of conduct by doing their prep on this instance of industry in order to nominate a bonnie audit report. Keller CPAs should grow an understanding of Smackey Dog...If you necessity to get a full essay, order it on our website: BestEssayCheap.com

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