The_Dog_Ate_My_Working_Papers - The Dog Ate My Working...

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The Dog Ate My Working Papers The local office of Fine, Worthy & Co., a regional CA firm, was asked to take on the audit of Animal Shelters, an affiliate of a national not-for-profit organization. During 2007, the organization had combined three separate Chapters in the Province of Ontario into one operating entity. Before the merger, the Chapters in Kingston, Ottawa, and London had operated independently and had had no transactions with each other, but all of the Chapters submitted 25% of the donations received to the national organization. The three Chapters had been examined by different auditors, each of whom had expressed an unqualified opinion on that Chapter's financial statements. In connection with the acceptance of the engagement and examination of the financial statements for the year ended April 30, 2007, Bill Fine performed the following procedures in accordance with the Rules of Professional Conduct of the ICAO, Communications Between Predecessor and Successor Auditors. He talked with Ralph Didem of Always, Didem & Co., the auditors for the Kingston Chapter. He reviewed their working papers, which appeared to have been well prepared and supported the
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This note was uploaded on 11/23/2009 for the course AFM 480 taught by Professor Gb during the Spring '09 term at Waterloo.

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The_Dog_Ate_My_Working_Papers - The Dog Ate My Working...

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