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Auditing Introduction Letter

In: Business and Management

Submitted By Kochana12
Words 1412
Pages 6
Apollo Shoes Inc.
100 Shoe Plaza
Shoetown, ME 00001
Dear Larry Lancaster, The purpose of this letter is to introduce our firm, Auditing and Assurance Services, LLC., and explain the auditing and assurance services our firm provides to our clients and their benefits. We make sure our clients are comfortable while we perform an effective and thorough audit on behalf of the firm. In addition to the information on the services we provide, I want to explain my role in providing the assurance services available, and provide a description of the requirements for meeting the standards for the services offered.
Auditing and Assurance Services Auditing is defined as an unbiased accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and established criteria (Arens, 2012). Auditors ensure the fiscal accuracy and responsibility of organizations. Our firm offers three primary types of audit services: operational audits, compliance audits, and financial statement audits (Arens, Elder, & Beasley, 2012). During an operational audit, we provide evaluations on the efficiency and effectiveness of particular pieces of operating procedures and methods we are auditing (Arens, 2012). In operational auditing, the reviews are not limited to accounting and can include the evaluation of organizational structure, computer operations, production methods, marketing, and any other area in which the auditor is qualified (Arens, 2012). The benefits of operational audits can help organizations improve the efficiency and effectiveness of a company with provided recommendations by our firm. These recommendations can help improve productivity, decrease expenses or losses and possibly lead to an increase in profit (Arens, Elder, & Beasley, 2012). During a compliance audit, our firm conducts a review to...

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