Simply Soups case exhibits PDF

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Simply Soups document for AUDIT project...

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EXHIBIT 1 Trial Balance Work Paper Reference: 100-4 Prepared By W. Downey (Intern) 1/7/20CY+1 6:40 PM 1/7/20CY+1

PBC

Simply Soups Inc. 177 Washington Lane, Cherry Hill, NJ 08034 609-555-5555 Trial Balance As of December 31, 20CY Debit Cash - Acct. 10000 Fifth Federal Sparkasse-Frankfurt American NorthWest Bank BNY Federal Tenth National Bank Bank of Citizens

478,921.54 A 235,087.29 144,019.83 477,832.15 301,015.18 348,701.60 1,985,577.59

Accounts Receivable - Acct. 11000 Tick Legend A PBC

The sum of this balance was agreed into the Balance Sheet without exception, W. Downey (Intern) Prepared by client

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Credit

EXHIBIT 2 Cash Lead Sheet Work Paper Reference: 100-1 Prepared By W. Downey (Intern) 1/8/20CY+1 Cash Lead Sheet Simply Soups Inc. As of December 31, 20CY

Account

Balance 12/31/CY ($)

Balance 9/30/CY ($) TB

Fifth Federal SparkasseFrankfurt American NorthWest Bank BNY Federal Tenth National Bank Bank of Citizens Tick Legend TB PQ PY

Change from 9/30/CY to 12/31/CY ($)

Change from 9/30/CY to 12/31/CY (%)

Balance 12/31/PY ($)

PQ

Change from 12/31/PY to 12/31/CY ($)

Change from 12/31/PY to 12/31/CY (%)

PY

478,921.54

492,531.16

(13,609.62)

-2.76%

489,119.72

(10,198.18)

-2.09%

235,087.29

229,791.07

5,296.22

2.30%

231,686.49

3,400.80

1.47%

144,019.83

151,674.92

(7,655.09)

-5.05%

149,277.31

(5,257.48)

-3.52%

477,832.15

462,403.33

15,428.82

3.34%

469,512.91

8,319.24

1.77%

301,015.18

311,653.46

(10,638.28)

-3.41%

316,987.22

(15,972.04)

-5.04%

348,701.60

309,243.12

39,458.48

12.76%

311,784.63

36,916.97

11.84%

Agreed to 12/31/CY Trial Balance without exception Agreed to 09/30/CY Trial Balance without exception Agreed to 12/31/PY Trial Balance without exception

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EXHIBIT 3 Bank Reconciliation Testing Summary Work Paper Reference: 100-2 Prepared By: DRH (Audit Associate) 1/10/20CY+1 Bank Rec Testing Summary Simply Soups Inc. As of December 31, 20CY

Account

Bank Balance 12/31/CY

Reconciling Items

A

B

Book Balance 12/31/CY

Fifth Federal

508,219.33

29,297.79

478,921.54

Sparkasse-Frankfurt

315,711.76

80,624.47

235,087.29

American NorthWest Bank

121,987.17

(22,032.66)

144,019.83

BNY Federal

493,154.12

15,321.97

477,832.15

Tenth National Bank

312,580.29

11,565.11

301,015.18

Bank of Citizens

304,312.43

(44,389.17)

348,701.60

Tick Legend A Agreed to 12/31/20CY Bank Statements without exception B Reconciling items were tested without exception, see Bank Test Documentation (Audit Step 100-3) TB Agreed to 12/31/20CY Trial Balance without exception

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TB

Notes

EXHIBIT 4 Key Information for the audit step “Confirm Cash Balances”

Audit Firm: Year End Date: Client Address: Client Phone Number: Client Contacts:

Putnam and Jacobs LLP December 31, 20CY Cherry Hill, NJ 08034 177 Washington Lane 609-555-5555 Lou Jennings [email protected] Chuck Rogers [email protected]

PBC

Bank Accounts – 20CY Bank Name Fifth Federal Sparkasse-Frankfurt American NorthWest Bank BNY Federal Tenth National Bank Bank of Citizens

Bank Address 73 Union Street New York NY 10001 Landstrasse 89-21 Frankfurt 60326 DE 234 Market Street Milwaukee WI 53202 3621 Ave De Lafayette Boston MA 02111 313 S. Chadwick Street Philadelphia PA 19103 3621 Union Ave Denver CO 80220

Bank Manager

Account Name

Account Number(s)

Authorized Signer

George Williams

Checking

675-42223

Lou Jennings

Helga Jones

Checking

44-322711

Lou Jennings

Richard Johnson

Checking

05-198305

Lou Jennings

Betty Smith

Savings

061-22031

Lou Jennings

Greg Fordham

Savings

26-798422

Lou Jennings

Denise Bentley

Checking

89-123661

Lou Jennings

Tick Legend PBC Prepared by Client

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