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Apollo Shoes Letter

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Auditing Introduction Letter
Lissete Castrillon
ACC/546
February 3, 2014
Allan Foster

Auditing Introduction Letter
Larry Lancaster
Apollo Shoes
Chairman, President & CEO
February 3, 2014
Shoetown, Maine

Dear Mr. Lancaster

Through the following letter I would like to thank you for trusting our firm AOW in planning your upcoming audit. You are already familiar with the process and what we review during this procedure, like auditing financial statements which include income statements, balance sheets, statements of cash flows and retained earnings. But before we go into these, I would like to give you some information of what our firm has to offer.
Some of the services that we provide in our firm are a variety of audits threaded to the need of each company. Operational audits will study specific areas of a company with the sole purpose of measuring its performance; this can be measured by relying on the effectiveness and efficiency of a determined area, for example the sales department. This type of audit will benefit the profitability of a company because it can find the weakest and strongest link of each area.
Financial audits which is what we will be doing for Apollo Shoes, entails the auditing of financial statements, the purpose of this type of audit is to ensure that the company is preparing financial statement according to GAAP regulation. It is very important to be compliant with these principals because the information that is given is what investors, managers, banks, creditors and government agencies look at. Compliance audits, makes sure that the organizations that are being audited follow rules and procedures set by higher authorities. This types of audit benefits the organization because it makes sure it that it follows existing laws in order to avoid lawsuits.
In addition to the different types of audits that we offer we also…...

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