Published on October 20, 2015
For more course tutorials visit www.acc490.com Resources: Apollo Shoes Case materials located on the student website Complete the Internal Control audit section of the case using the Apollo Shoes Case materials, available under the Assessment section of Week Three on the student website. Review the Planning section, with emphasis on the Apollo Accounting and Control Procedures Manual and the Apollo Shoes Minutes, before completing the Internal Control audit section. Week 4 – DQ 1 Why do auditors find it necessary to use sampling? What are the risks associated with sampling? How might these risks affect the audit conclusion? Week 4 – DQ 2 How does the auditor evaluate the results of audit procedures? What types of qualitative factors might the auditor consider when encountering an error? How might the results affect the audit conclusion?