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ACC 492 WK 3 Team Assignment Group 3.docx Running head: Auditing Inventory, Wareho

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ACC 492 WK 3 Team Assignment Group 3.docx Running head: Auditing Inventory, Warehousing, and Payroll Accounts 1 ACC/492 Auditing Inventory, Warehousing, and Payroll Accounts Group 3 ACC ...

ACC 492 WK 3 Team Assignment Group 3.docx Running head: Auditing Inventory, Warehousing, and Payroll Accounts 1 ACC/492 Auditing Inventory, Warehousing, and Payroll Accounts Group 3 ACC/492 Auditing Inventory, Warehousing, and Payroll Accounts Introduction Amazon is one of the worlds most innovative companies. It was founded in 1994 and is now a multibillion-dollar organization. Amazon strives to be œEarths most customer-centric company. The company owns many subsidiaries including Whole Foods Market, Kindle, Fire TV, and Alexa. The companys main goals are to focus on selection, price, and convenience for consumers to give them the best services and prices. (Amazon, 2020) In the following, we will discuss specific risks about Amazon when conducting an audit for inventory, warehousing, and payroll accounts. We will include audit steps of tests of controls, tests of details of balances, substantive tests of transactions, analytical procedures, sample size, and sample methodology. This will give a better understanding of what auditors look at during an audit and how the company runs in everyday sales. Tests of Controls [Like all sections of your paper, references start on their own page, as you see on the page that follows. Just type in-text citations as you do any text of your paper, as shown at the end of this paragraph and the preceding paragraph.] (Last Name, Year) Tests of Details of Balances [Like all sections of your paper, references start on their own page, as you see on th. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . .

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