AFM415 Chapter Notes -Audit Evidence, Lead Sheet, Item Number

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After completing and discussing this case you should be able to. [3] identify and assess factors important when procedures relating to the audit of cash balances. [2] consider the effectiveness and reliability of audit evaluating the sufficiency and appropriateness of different types of audit evidence procedures. [4] understand the layo ut and content of the standard ized bank confirmation form. Wally"s billboard & sign supply, inc. was founded four years ago by walter johnson. The company specializes in providing locations for sign and billbo ard advertising and has recently begun to enter the sign design market. After working several years in the marketing department of a large corporation, wally decided that there was a need in his area for a company specializing in signs and billboards. Drawing on his marketing experiences, he started his own company. The company is now preparing to expand its business and has enlisted the help of your firm, taylor & jones, llp.

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