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ACC 546 Apollo Shoes Casebook: Audit Program Design Part I

Case study on audit program design for Apollo Shoes Inc.

Scarlett Anderson
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APOLLO SHOES CASEBOOK1Apollo Shoes Casebook: Audit Program Design Part IAlex Santiago, James Heard, andSarah MarrisACC546October1, 2012Todd LaPore, CPAIn your opinion, how should Apollo Shoes address the key elements of internal control risk andfraud detection outlined in the audit process? Additionally, considering the regulatoryenvironment set by the Sarbanes-Oxley Act of 2002, how can Apollo ensure their internalcontrol systems are designed to effectively assess and mitigate risks of material misstatements intheir financial statements?Your response should explore the role of management in evaluating internal controls, theimportance of fraud detection procedures, and the impact of Section 404 of the Sarbanes-OxleyAct on the company's approach to risk management. Your answer should be 600-800 words inlength.

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University
University of Phoenix
Subject
Accounting

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