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For the final project, you will work through components of a case study in which you assume the role of a lead auditor at Willis & Adams. Your firm has been approached by EarthWear Clothiers to perform an audit. In your role as lead auditor, you will evaluate internal and external factors to determine client engagement, develop an audit plan, determine recommendations for improving internal controls, and communicate the audit opinion. For this milestone, you will write a report on client engagement.
Date Posted: 09/03/2021
Category: Business
Due Date: 13/03/2021
Instruction
Evaluate the corporate structure of EarthWear Clothiers and their annual report and then summarize your findings. Evaluate the following for your auditing firm, Willis & Adams: independence, knowledge of client industry, and staffing capabilities. Then, assuming that your firm has decided to move forward as a result of your evaluation of internal and external factors, you will explain why it would be appropriate for your firm to accept EarthWear Clothiers’ audit request, using examples to support your response. I have supplied the guidelines and rubric for the assignment. Let me know if you need any other information
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