Audit Program Design Part III

Craig L. Granville

ACC/546

Auditing

Todd LaPore

November 18, 2013

Introduction

In order to conduct a substantial audit of Apollo Shoes the auditor must obtain a sufficient appreciative of the entity's environment, including the internal control. The understanding of its environment will help most auditors in range of ways throughout the audit, including establishing materiality, considering appropriateness, and designing audit procedures that can facilitate the growth of Apollo Shoes. Before the auditor can begin the process of conducting the audit of the inventory and warehousing cash cycles, the auditor must prepare the audit plan and program for Apollo Shoes.

Developing the audit strategy and plan aids the auditor in determining the necessary...