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eFishie eFishie
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6 years ago
Yvan is preparing the audit plan for Share the Wealth, a non-profit organization.  Share the Wealth is a large Montreal based organization and receives corporate donations and also has many stores that collect and re-sell costume jewelry and clothing.  The purpose of the organization is to build recreation areas for children in less fortunate areas of the city.
Share the Wealth was started by two sisters.  One of the sisters is still actively involved in the organization, but the other sister has been devoting less time to the organization since she has had triplets.
Share the Wealth has a total of 8 stores in the city where individuals can drop off donations and where customers can also purchase the second hand clothing and costume jewelry.  Share the Wealth has a total of 12 employees who work in the different stores across the city.  Depending on the schedule and availability, the employees will randomly be assigned to a store for the week.

Required:
Provide three procedures that Yvan should consider when performing the review engagement of Share the Wealth?
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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victroxvictrox
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6 years ago
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