Saturday, February 23, 2019
Auditing Introduction Letter
Dear Mr. Lancaster, I understand that Apollo situation, Incorporated is concerned about acquiring certain auditing and assurance suffices. In todays business man a caller needs to stay ahead by operational more successfully and proficiently than its competition. Stromsodt can help Apollo shoes to seduce this advantage by offering auditing and assurance operate designed for the familiarity needs. Stromsodt is a club with certification in Service Auditor Assessments as well as provides specialization of auditing in aras of superior athletic podiatric products.Stromsodt has been providing auditing and assurance service to businesses just like yours for more than 30 years. With more than tercet decades of experience, Stromsodt has helped over hundreds of companies to achieve their company objectives and run more proficiently. Stromsodt is a company that is more productive and cost-effective than any other auditing and assurance service company. The company provides timely, e xperienced services at reasonable fees. The Auditing and Assurance services Stromsodt offers are as follows 1. Statutory Audits 2. Internal Audits 3. Risk Management.Corporate memorial tablet 5. Tax Audit 6. Management Audits 7. Review of Accounts 8. Special Audits 9. Due covering 10. Restatement as according to International method of drawing Standards (IAS)/ General Accepted Accounting Principles (GAAP) These services leave alone benefit Apollo Shoes by 1. Ascertain whether the exhibit of accounts are fair and true 2. Timely detection of errors and fraud in the company 3. Timely identification of risks of hearty misstatements 4. Validation of accuracy, validity, and authenticity of account information 5. Improvement of profitability . Maximization of revenue recovery 7. grooming of documents on a timely basis What other firms fail to deliver, Stromsodt delivers. Stromsodt brings cling to to a company by focusing on a companys objectives. Part of Stromsodts core philosophy is to provide and arrange services that add only value to a client to egest set objectives. The company abides by five essential principles when performing services for a client. These principles are integrity, objectivity, skipper competence along with due care, confidentiality, and professional behavior.The roles I perform at Stromsodt vary depending upon the service. Some general tasks I perform include 1. Reviewing fiscal statements to determine conformity to GAAP 2. At assaying the intensity level of ingrained controls over financial reporting 3. Reviewing old financial report. Reviewing financial statements to determine conformity to GAAP helps a company by establishing to impertinent users the assurance of a companys financial statements. Attesting the effectiveness of inherent controls over financial reporting helps to en original no potential material misstatements or raudulent activities have occurred. This helps to lessen the likelihood of occurrence of these act ivities as well.Reviewing previous reports can provide assurance to a company in discerning that its previous reports are accurate. In providing these services I would make sure that Apollo Shoes has the necessary information to achieve the objectives of the company by fixed by the five principles set forth by Stromsodt. I will also adhere to the 10 general accepted accounting standards an control or CPA is required to adhere by. These standards are as follows 1. debunk adequate training and proficiency. 2. Maintain independence from the audited company. 3. Display professionalism in cognitive operation and planning the report. 4. Adequately plan the fieldwork and supervise assistants. 5. Sufficiently understand the internal control of the company as well as determine the tests to test these controls. 6. Provide sufficient information to back up opinion make on the financial statements. 7. State and report if the financial statements represented are in accordance with GAAP. 8. State and report circumstances of company non consistently using principles 9.Recommend additional information for disclosures expected to be in financial statements. 10. Provide opinion on the financial statements. In conclusion, I look frontward to talking further about Apollo Shoes auditing and assurance needs and about how much Stromsodt can provide Apollo Shoes with these services. Please feel free to contact me anytime regarding this proposal. Thank you for the opportunity to cut in the proposal, and I, along with the entire staff at Stromsodt, are looking forward to working with Apollo Shoes in the near future.