Advanced Auditing, writing homework help

Are you pressed for time and haven’t started working on your assignment yet? Would you like to buy an assignment? Use our custom writing services for better grades. Even if your deadline is approaching fast, our writers can handle your task right when you need it.


Order a Similar Paper Order a Different Paper

If you do not understand or cannot meet deadline, please do not bid on.  I need a paper of approximately 650 words with references on the following:

You are the senior auditor assigned to the team performing an audit for Restorative Pharmaceutical Corporation (RPC), a 10-year-old publicly held corporation listed on the New York Stock Exchange which specializes in anti-aging products such as vitamins protein infused beverages, and dietary supplements. RPC’s corporate office is located in San Diego, CA. 

The audit firm’s lead and senior audit manager and firm partner, Scott Payne, CPA, has requested that you develop two audit/internal control procedures which address the following issues which emerged during the past three reviews of RPC: 

  1. The company has an equal balance of equity and debt which compose its capital structure. It is subject to a number of debt covenants, including its current ratio, which should be maintained above 1.5 per the debt covenant. The year-end current ratio attained is 1.45. There is no opportunity to refinance short term debt and reclassify liabilities to ameliorate the ratio. 
  2. A number of sample products are provided to fitness centers, health fairs, marathons, and charitable walking events. A significant stock sample pull amounting to $200,000 for the New York marathon was not recorded as an inventory reduction for this promotional event, and was discovered during the physical inventory at year end.

Writerbay.net

Most students find it hard to finish papers at some point in their studies. If it ever happens to you, don’t get desperate—we have a service for every writing emergency! Whether you’re stuck with a problem, equation, or a piece of creative writing, we will definitely come to your rescue. Fill in the order form with the details of your paper. Write your personal instructions so we can meet your expectations.


Order a Similar Paper Order a Different Paper