Accounting and Finance and auditing
This is in my accounting, Auditing class. So please give this writing assignment who is a good understanding of accounting and finance. I have attached the sample to get an idea how this assignment should be. Pretty much very similar to sample. I also have attached the spreadsheet which you gonna use to write and analyze this assignment. pl let me know if any question arises.
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Basically it is a analysis of Financial statements and giving analysis view on why things are like this this company. Sample will really help to understand this assignment. FOR WRITER : Would this including actual calculations or any math being completed by the writer? ANSWER : No, i have done a math part the file name “Analytical procedures file with analysis.xls ” is completed file. so i just need analysis on that completed file. i have also attached the original file which writer does not need to do anything with it. so pl mention this on writer page. so the writer know it too.
Required: Perform Horizontal, Vertical (Income Stmt only) and ratio analysis as indicated. Compute potential measures of Materiality as indicated and allocate the selected measure (sliding scale) among the assets (net) as indicated. Then prepare a memo that documents what you have done and the results of your procedures in good workpaper form. Highlight at least two items that will require audit attention. Print one answer for each team and turn in.
GoodWill was not included in the total of the Total assets, which it should included, since Goodwill is a part of the total assets. So formula fixed it before we calculated in the portion. Which could be one of the two items out of two. Also I have attaced the original file where tests are not been performed. This is solution website. Sample is attached too…Thanks in advance
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