Project Information: The owner of a small snack food and potato chip manufacture

by | Jan 18, 2022 | Accounting | 0 comments

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Project Information:
The owner of a small snack food and potato chip manufacturer, California Crunch Company, has asked you to investigate a possible issue with the company’s payroll. They have provided you with this year and last year’s income statements and two payroll files. The “HR Master” file gives you important information about each employee. The “Payroll” file detailsthe company’s payroll for the last 5 pay periods of the year. You will be conducting some audit procedures for California Crunch and analyzing the results.
Week 2 Writing Assignment Part 2:
This project is split into four (4) parts with one (1) part due each week of the course. Based on your readings, use of technology, research of literature, and other sources do the following:
Week 2: Using the financial statement file and the two data files for payroll, perform some analytical tests.
You will need to perform some analytical test on the financial statements using Excel. This may be a horizontal and/or vertical analysis, ratios, etc.
You will then need to perform some analytical tests on payroll files using IDEA that you think may be necessary. Remember there are tutorial videos on the IDEA website to assist you. Write a 1-2 sentence explanation for each analysis you are performing and printscreen your results along with the history log when you have completed the analysis in IDEA to turn in this week.

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