Discuss how quality control for an audit engagement will affect your audit of ST
ID: 419294 • Letter: D
Question
Discuss how quality control for an audit engagement will affect your audit of STARBUCKS using the following standards AU 580 Written Representation, AU Section 333 Management Representations and Auditing Standard 16 Communications with Audit Committees.
The memo should be addressed to the Audit Committee Chair, the members of the audit committee, and the CFO.
Audit Chair: Mellody Hobson
Members: Robert M. Gates
Jorgen Vig Knudstorp
Joshua Cooper Ramo
Javier G. Teruel
Craig E. Weatherup
CFO: Scott Maw
REFERENCE THE STANDARD BY NUMBER. THE MEMO SHOULD BE THE EXPLANATION OF THE PERTINENT STANDARD.
Explanation / Answer
Audit Chair: Mellody Hobson
Members: Robert M. Gates
Jorgen Vig Knudstorp
Joshua Cooper Ramo
Javier G. Teruel
Craig E. Weatherup
CFO: Scott Maw
Dated: June 30, 2018
Sub: Quality control and its impact on our audit of Starbucks.
Dear Sirs:
Reference our audit of star bucks I would like to advise how quality control for the audit engagement will affect our audit of STARBUCKS using the following standards AU 580 Written Representation, AU Section 333 Management Representations and Auditing Standard 16 Communications.
Discussing the standards and their implications as follows:
I would like to submit my fair and unbiased observations soon in front of you the esteemed audit committee as per advised deadlines.
Thanking you for your feedback and comments.
Warm regards,
XYZ
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