Running head: Auditing Introduction Letter

Auditing Introduction Letter

From: Charles, Olds and Waterford, CPA
To: Apollo Shoes Inc.
Dear Mr. Lucas, As the auditor of a local audit firm, Charles, Olds and Waterford, I feel privileged of being given an opportunity to highlight certain aspects of our firm and the services we offer. Considering your precious time, I would try to keep the information as precise as possible.
Our firm, Charles, Olds and Waterford has been in business successfully for like 15 years. We ensure that our clients have effective internal controls and efficient fraud detection procedures in place. Our firm always tries to develop close links with our audit clients. We employ highly educated as well as trained staff members and ensure that audit tools are of high quality. We have a successful audit approach as we greatly focus on understanding our clients’ business including their control issues, and incorporate diagnostic procedures, risk assessment procedures and audit testing techniques.
The audit and assurance services offered by our firm would prove to be really beneficial to your company. There are four distinct types of these services through which we can verify whether an assertion is reliable or not. They are as follows: 1) “Audit of Historical Financial Statements

2) Effectiveness on Internal Control over Financial Reporting

3) Review of historical financial statements

4) Other attestation services that may be applied to a broad range of subject matter,” (Arens, Elder, & Beasley, 2006). Apart from these attestation services, the other type of assurance services that we provide consist of assurance services related to information technology. Being the auditors, we will evaluate your systems and controls in order to ensure that they are reliable. We will use SysTrust and WebTrust services