summary of the final project

The final report will consist of two parts. The first part is a summary written to the Senior Audit partner, which summarizes the work you have done, the tests you performed, and your findings. Assume you have completed all testing as planned. Choose three different items to note on the report that the findings were not as expected and detail what you did to resolve the issue.

Draft an Opinion Letter to be published and for the client. This should follow the industry standard in content and style.

Each group member should gather all audit papers and submit the completed audit package for individual grading purposes. To mirror a real world situation, you are encouraged to make any changes to earlier assignments before you hand in the final based either on feedback from the instructor or from further work of the group as the process progresses.

Things to include in your submission

1. A summary written to the hypothetical senior audit partner of your firm, summarizing the work you have done, the tests you performed, and your findings. Pretend that you completed all testing as planned and that you found three different items that did not test as expected (three failures). Note this in your summary to the senior audit partner. Detail how you propose to resolve the three test failures. This part should be about 1 page long, double-spaced, 12 point font. If you want to get really into it and write more than that, go for it!
2. Draft a report on internal control over financial reporting to be published to the public. Because all of our testing and sampling was done on the company’s internal controls, you only need to prepare a separate report on internal control over financial reporting. An excellent example is provided in Figure 3-4 in our textbook on page 53. You do not need to prepare an audit report on the company’s financial statements, because our focus was not on the financials – our focus was on the company’s internal controls in Module 04. This part should follow the same formatting and length as shown in Figure 3-4 on page 53 in our textbook. We will pretend that we resolved the three test failures that you told the senior audit partner about in the first requirement of this assignment, so everyone will issue an unmodified opinion on the effectiveness of internal control over financial reporting.

I will attach the excel document that was previously done