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ACC 410 Week 2 Assignment Analytical Procedures
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Analytical Procedures. In a 2-3 page paper, complete the case below and submit to instructor. Review the income statement for Uden Supply Company and answer the following:
Comparative income statement information for Uden Supply Company is presented in the accompanying table.
UDEN SUPPLY COMPANY Comparative Income StatementYears Ended December 20X1, 20X2, and 20X3 (Thousands)
13
ACC410: Auditing Online
20X1 Audited
20X2 20X3 20X4
Audited Audited
9,400 10,100 6,500 7,000 2,900 3,100
660 710
190 202 1,082 1,103 192 199 174 181 61 62 63 66 28 30 22 23
37 40
13 14 228 240
150 230
Expected
Sales 8,700
Cost of goods sold Gross profit
6,000 2,700
Sales CommissionsAdvertising 175 Salaries 1,061
Payroll taxes
Employee benefits
Rent
Depreciation
Supplies
Utilities
Legal and accounting
Miscellaneous Interest expense
Net income before taxes
610
184 167 60 60 26 21
34
12 210
80
Incomes taxes 18 33 50
Net income 62 117 180
ACC 410 Week 1 Assignment Generally Accepted Auditing StandardsACC 410 Week 1 DQ 1 Internal vs. External Audit StaffsACC 410 Week 1 DQ 2 Audit ReportsACC 410 Week 2 Assignment Analytical ProceduresACC 410 Week 2 DQ 1 Balance Sheet VerificationACC 410 Week 2 DQ 2 Accounting PrinciplesACC 410 Week 3 Assignment Internal Control CaseACC 410 Week 3 DQ 1 Audit ProgramsACC 410 Week 3 DQ 2 Internal Control ProceduresACC 410 Week 4 Critical Thinking QuizACC 410 Week 4 DQ 1 Legal CaseACC 410 Week 4 DQ 2 Ethics CaseACC 410 Week 5 Assignment Audit Report Modifications PaperACC 410 Week 5 DQ 1 Audit ReportingACC 410 Week 5 DQ 2 Audit ReportsACC 410 Week 5 Final Paper Audit Plan Keystone Computers
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