You are auditing the financial statements of Plod & Run Menswear… You are auditing the financial statements of Plod & Run Menswear (PRM) for the year e

You are auditing the financial statements of Plod & Run Menswear… You are auditing the financial statements of Plod & Run Menswear (PRM) for the year ended 30 June 2019. PRM owns and operates a number of retail outlets that sell several product lines: suits, pants, shirts, and accessories. Tests of controls have confirmed your original control assessment. Your audit programme now requires you to undertake substantive analytical review procedures on selected income statement items. Anything above $5,000 is regarded as material. Below is an extract from the income statement for the 2 years ended 30 June 2018 and 2019: Image transcription textSales Cost of sales Grost ProfitExpenses Wages Rent DepreciationOther expenses Profit/(lo… Show more… Show more Image transcription textYour enquiries establish the followingfurther information: i. Sales summaryand analysis of sales acro… Show more… Show more REQUIRED:Perform substantive analytical review procedures on the gross profit, wages, and rent items in the income statement for the year ending 30 June 2019 by comparing your expectation for each of these items with corresponding recorded amounts. Clearly state your conclusion about each of the three items. Where relevant, indicate what further procedures and information would be required in order to conclude that each of the items is fairly stated. Show all workings and state any assumptions you have made. Business Accounting ACCT 346 Share QuestionEmailCopy link Comments (0)

An evaluation essay is a type of essay that assesses the quality or value of a particular subject, such as a product, service, book, movie, or performance. Here are some steps to help you write an evaluation essay easily:

Choose a topic: The first step in writing an evaluation essay is to choose a topic that you want to evaluate. It’s important to choose a topic that you are knowledgeable about, as well as one that you have an opinion on.

Develop criteria: Once you have chosen a topic, develop criteria for evaluating it. This means deciding on the standards or measures that you will use to evaluate the subject. For example, if you are evaluating a restaurant, your criteria might include the quality of the food, the service, and the ambiance.

Gather evidence: Gather evidence to support your evaluation. This may include personal experience, research, and the opinions of others.

Write an introduction: In the introduction, provide some background information on the subject you are evaluating. Also, include your thesis statement, which is the main point of your essay. The thesis statement should state your evaluation of the subject and the criteria you will use to evaluate it.

Write the body paragraphs: The body paragraphs should each focus on a specific aspect of the subject that you are evaluating. Start each paragraph with a topic sentence that relates to your thesis statement. Provide evidence to support your evaluation and use examples and personal experience to illustrate your points.

Write a conclusion: In the conclusion, summarize your evaluation and restate your thesis statement. Provide a final opinion on the subject and offer some final thoughts.

Edit and revise: Once you have completed your essay, take some time to edit and revise it. Check for grammar and spelling errors, and make sure your ideas flow logically.

Remember, when writing an evaluation essay, it’s important to provide evidence to support your evaluation and to use clear criteria for evaluating the subject. With these steps, you can write an evaluation essay easily and effectively.

You are auditing the financial statements of Plod & Run Menswear…          You are auditing the financial statements of Plod & Run Menswear (PRM) for the year ended 30 June 2019. PRM owns and operates a number of retail outlets that sell several product lines: suits, pants, shirts, and accessories. Tests of controls have confirmed your original control assessment. Your audit programme now requires you to undertake substantive analytical review procedures on selected income statement items. Anything above $5,000 is regarded as material. Below is an extract from the income statement for the 2 years ended 30 June 2018 and 2019: Image transcription textSales Cost of sales Grost ProfitExpenses Wages Rent DepreciationOther expenses Profit/(lo… Show more… Show more Image transcription textYour enquiries establish the followingfurther information: i. Sales summaryand analysis of sales acro… Show more… Show more REQUIRED:Perform substantive analytical review procedures on the gross profit, wages, and rent items in the income statement for the year ending 30 June 2019 by comparing your expectation for each of these items with corresponding recorded amounts. Clearly state your conclusion about each of the three items. Where relevant, indicate what further procedures and information would be required in order to conclude that each of the items is fairly stated. Show all workings and state any assumptions you have made.                                                            Business                                                Accounting                            ACCT 346                                                                      Share QuestionEmailCopy link                              Comments (0)

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