Auditing Introduction Letter
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Auditing Introduction Letter
From: Charles, Olds and Waterford, CPA
To: Apollo Shoes Inc.
I am the auditor at Charles, Olds and Waterford, a local auditing firm. It is my pleasure as well as a privilege to be offered the opportunity to highlight specific aspects of the services we provide as well as some background about our firm. I know your time is precious so I will attempt to keep the information precise.
Charles, Olds and Waterford has been ran a successful business for over 15 years. Charles, Olds and Waterford make certain that his or her clients have efficient fraud detection measures in place and effective internal controls. Charles, Olds and Waterford make it a point to always try to develop links with the audit clients that the firm has. Charles, Olds and Waterford employs trained as well as educated staff members. Our firm uses a successful audit approach because we focus on understanding the clients business with regards to his or her risk assessment procedures, control issues, audit testing techniques, and incorporate diagnostic procedures
Auditing and other assurance services offered
The audit and assurance services that Charles, Olds and Waterford offer are proven to be very valuable to your company. Charles, Olds and Waterford use four separate types of services in which the firm can make sure whether an assertion is reliable. The four services we offer are; other attestation services that can be used for an extensive array of subject material, effective internal control over financial reporting, an audit of chronological financial statements, and a review of chronological financial statements. In addition to the attestation services, Charles, Olds and Waterford also offer other type of assurance services that consist of assurance services associated with information technology. As the auditor, we will assess the companys controls and systems as a way to make certain the controls and systems are reliability. Charles, Olds and Waterford use WebTrust and SysTrust services to guarantee security from the internet. Other services are offered but only at the request of the client. An audit can benefit a company in many ways. An audit consists of a range of task from identifying error and fraud for the benefit of investors or shareholders to analyzing financial statements. Audits assist in assessing the risk the company can be uncovered to and identifying weaknesses in the company. For this reason, the auditing and assurance services will help a company make certain that his or her financial statements are precise and the information that is essential for decision making is relevant and reliable.
Explain your role in providing the available assurance service to clients.
The auditors role is to issue