oceanview marine company assignment 3

Oceanview Marine Company 5-1-b Assessment of Acceptable Audit Risk (continued) December 31, 2015. Conclusion — Based on the preceding analysis, acceptable audit risk for this engagement is: Justify/explain your conclusion. Relatively high (not a “risky” client) Moderate/Normal Relatively low (“risky” client) Overall, this is not a ...

Oceanview Marine Company 5-1-b Assessment of Acceptable Audit Risk (continued) TV 02/19/2019 December 31, 2018 Conclusion — Based on the preceding analysis, acceptable audit risk for this engagement is: (check one) ☐ Relatively high (not a “risky” client) ☒ Moderate/Normal ☐ Relatively low (“risky” client) Justify/explain your ...

There are 3 steps to solve this one. Solution. Step 1. Financial Statement Analysis: Accounting analysis and the evaluation involves a analysis of the firm’... Step 2. Unlock. Step 3. Unlock. Answer. Unlock. Transcribed image text:

Oceanview Marine Company 5-1-b Assessment of Acceptable Audit Risk (continued) GG 2/22/2019 December 31, 2018 Conclusion — Based on the preceding analysis, acceptable audit risk for this engagement is: (check one) ☐ Relatively high (not a "risky" client) ☐ Moderate/Normal ☐ Relatively low ("risky" client) Justify/explain your conclusion ...

View Homework Help - Ocean view marine company assignment 3 from ACCT 0508 at Missouri Southern State University. OCEANVIEW MARINE COMPANY 5-4 Allocation of Materiality: Tolerable

Bill has already established performance materiality for several of the accounts. Follow the guidelines provided in the bottom section of your firm's POLICY STATEMENT included with this assignment to establish performance materiality for each of the remaining accounts.

Dear Mr. Phillips: You have requested that we audit the financial statements of Oceanview Marine Company, which comprise the balance sheet for December 31, 2018, and the related statements of income, changes in stockholders’ equity, and cash flows for the year then ended, and the related notes to the financial statements.

The purpose of this memo today is to inform you of the preliminary analytical procedures performed for the Oceanview Marine Company audit. Preliminary procedures included analyses of liquidity, profitability, and solvency ratios for Oceanview Marine Company.

Oceanview Marine Company 2-3 Assessment of Financial Condition December 31, 2018 A. Identify ratios and trends, if any, that cause concern about the client's ability to continue as a going concern.

100% (4) View full document. Seattle University Oceanview Marine Company Assignment 3 Chih-I Lu & Jiachen Liu ACCT 4350 Discussion Questions. Explain why decisions about acceptable audit risk, inherent risk, the preliminary.