Purchase Solution

Role of an Auditor

Not what you're looking for?

Ask Custom Question

Draft a business letter to Apollo Shoes that addresses the following key points; assume the role of an auditor at a local firm.

- Explain the auditing and other assurance services your firm offers and the benefit each has for the client

- Explain your role in providing the available assurance service to clients

- Describe the qualifications required to meet the standard for services you offer.

Purchase this Solution
Solution Summary

This solution drafts a sample business letter to Apollo Shoes that addresses key points while assuming the role of an auditor at a local firm. The key points addressed include explaining the auditing and other assurance services your firm offers, the role in providing assurance services to the client, and the qualifications that are typically required to meet the acceptable standard for services that are being offered to the client.

Solution Preview

You can put this in the form of a standard business letter for your project (let me know if you need help with the format). It should be a simple, clean, professional format for the actual letter. Let's look at each of the three parts of your letter.

1. Explain the auditing and other assurance services your firm offers and the benefit each has for the client.

The best way to write this is to look at the auditing and assurance services offered by other firms, since you need references for your letter as well. Here is where I would go with this part. I would say something to this general effect, to give you an idea of what you need to incorporate:

Our firm offers auditing and other assurance services. Our auditing services are comprehensive, reliable, and objective. Our auditors comply with all required literature and ...

Purchase this Solution
Free BrainMass Quizzes
SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

View More Free Quizzes
Related BrainMass Solutions

  • What are the value and significance of COSO, SOX404, SAS 112

    409690 What are the value and significance of COSO, SOX404, SAS 112, and other pieces of legislation affecting the role of the accountant and auditor? Do these regulations protect the auditor or client more? if so why?

  • planning the audit to detect fraud

    The auditor has an interconnected role in the shared responsibility to deter and detect fraud. The auditor must be able to reduce the risk of financial reporting frauds.

  • This addresses SEC requirements, audits, and IT control.

    Because of how advanced technology can be, the single most important factor for a successful IT audit is to have an IT auditor that is basically as close to an IT expert as you can get, from the standpoint of an auditor.

  • CPA Profession and the Auditor's Role

    126015 CPA Profession and the Auditor's Role Explain how a licensed CPA (as an outside auditor) could be of value to your company. I used to be an auditor, so I think I could suitably answer this question.

  • Licensed CPA and Auditing Standards

    A licensed CPA as an outside auditor is unbiased and does an objective and knowledgeable examination and evaluation of the books of accounts. 5.

  • CPA Independence and Audit Committees

    It reduces the "letting things slide" when an auditor discovers transactions that are questionable, down to transactions that constitute outright fraud. The audit committee has the main role in maintaining and ensuring auditor independence.

  • Importance and demand for audit and other assurance services

    Explain the auditor's role in providing assurance. The external auditor plays an importance role for businesses and the capital markets.

  • Role of Independent CPA: Auditing

    The role of the audit provides an assurance to the decision makers. These decision makers may be financial institutions, banks or investors. This assurance is of value to decision makers. f.

  • A client has an out-of-control system. A recommendation has

    496476 A client has an out-of-control system. A recommendation has been made to hire an internal auditor A client has an out-of-control system. A recommendation has been made to hire an internal auditor.

  • The Benefits of Hiring an Internal Auditor

    Businesses define the role of an internal auditor as internal audits vary by scope, number of auditors involved and even the subject matters themselves.

View More Related Solutions