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One of your accounting firms high net worth clients, ToddCaito is considering investing a significant amount of money in a new toymanufacturing company.  The company, TurfProducts are predicting it will have the hottest toy this holiday season, basedon the sales revenue it has generated the last three quarters.  Todd has provided you with the detail for therevenue account and would like you to conduct some procedures and analyze theresults.  Todd is concerned the revenuefigure might be overstated.

 

Assignment instructions:

 

Prepare a 2-3 page analysis discussing what you found as aresult of your analysis and what internal controls you would recommend, Toddensures are in place at Turf Products.

 

Note: please see the documentation of the attached results that I have included for this assignment to be completed. These are the results I performed and they are correct, the professor did grade them and they are all correct. So I just need a 2-3 page analysis discussing what was found as the results of this analysis and recommend internal controls.  (You need to pretend you are an auditor, that is the idea of this assignment).   Thank you 

 

Classbook textbook:   Please try to use this as a reference as well. Thank you 

  • Whittington, R, Pany, K. (2019).Principles of Auditing and Other Assurance Services 21st ed. + Connect*. New York, NY: Mc-Graw Hill
    • ISBN: 978-1260427202

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