please answer these two discussions 1

1.

Sally Smith, CPA, was auditing Keep Safe, Inc. Smith sent positive accounts receivable confirmations to a number of Keep’s government customers. She received a number of returned confirmations marked “We do not confirm balances because we are on a voucher system.”

A. List alternative procedures that Smith might use to ensure the validity of these accounts.

B. Assuming all the procedures you list are viable options for the Keep audit, which procedures do you believe provides the highest-quality evidence and why?

2.

Visit the website of a catalog retailer similar to EarthWear Clothiers, and determine how it processes sales transactions, recognizes revenue, and reserves for returns. Note that you may have to examine the entity’s annual report and 10-K.

Prepare a memo summarizing your findings.

Points will be deducted for poor grammar and misspelled words.

 

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.