Week 8 assignment 2 – audit planning and control

It is common industry knowledge that an audit plan provides the  specific guidelines auditors must follow when conducting an external  audit. External public accounting firms conduct external audits to  ensure outside stakeholders that the company’s financial statements are  prepared in accordance with generally accepted accounting principles  (GAAP) or International Financial Reporting Standards (IFRS). 

Use the Internet to select a public company that appeals to you. You may also use the company dossier in the Nexis Uni database to find company information.

Imagine that you are a senior partner in a public accounting firm hired to complete an audit for the chosen public company.


Write a 4–6 page paper in which you:

  1. Outline the critical steps inherent in planning an audit and  designing an effective audit program. Based on the type of company  selected, provide specific details of the actions that the company  should undertake during the planning and designing of the audit program.
  2. Examine at least two performance ratios that you would use in  order to determine which analytical tests to perform. Identify the  accounts that you would test, and select at least three analytical  procedures that you would use in your audit.
  3. Analyze the balance sheet and income statement of the company that  you have selected, and outline your method for evidence collection  which should include, but not be limited to, the type of evidence to  collect and the manner in which you would determine the sufficiency of  the evidence.
  4. Discuss the audit risk model and ascertain which sampling or  non-sampling techniques you would use in order to establish your  preliminary judgment about materiality. Justify your response.
  5. Assuming that the end result is an unqualified audit report,  outline the primary responsibilities of the audit firm after it issues  the report in question.
  6. Use the Strayer Library  to locate at least two quality academic resources in this assignment.  Note: Wikipedia and other similar websites do not qualify as academic  resources.

This course requires the use of Strayer Writing Standards. For  assistance and information, please refer to the Strayer Writing  Standards link in the left-hand menu of your course. Check with your  professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

  • Outline the process for designing an audit program, including  analytical procedures, evidence collection, and responsibilities of the  audit firm.
Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages