logo

Audit - Double Ink Printers Limited | Financial Reports

8 Pages1477 Words54 Views
   

Charles Sturt University

   

Auditing Assignment (ACC305)

   

Added on  2020-02-24

About This Document

In this document, we will discuss the analytical process which consists of the financial reports of Double Ink Printers Limited has been a motivational factor for bringing out their given audit plan. The given plan needs to be considered as a key parameter while preparing the audit procedure. It can be also inferred that with the assistance of different analytical methods.

Audit - Double Ink Printers Limited | Financial Reports

   

Charles Sturt University

   

Auditing Assignment (ACC305)

   Added on 2020-02-24

ShareRelated Documents
Running head: AUDIT
Audit
Student Name
University Name
Audit - Double Ink Printers Limited | Financial Reports_1
AUDIT2
Question 1:
The analytical process that consists with the financial reports of Double Ink Printers Limited
(DIPL) has been a motivational factor for bringing out their given audit plan. The given plan
needs to be considered as a key parameter while preparing their audit procedure. It can be also
inferred that with the assist of different analytical methods, it can be inferred that different
financial experts and users interpret and use data for bringing out various decisions which would
be considered as beneficial for the organization (Bunker 2015).
Case study Explanation
The following table interprets the financial ratios according to the given case study.
Audit - Double Ink Printers Limited | Financial Reports_2
AUDIT3
Profitability Ratio
Double Ink Printers Limited
2013 2014 2015
Gross Profit 6004500 6079500 6604500
Net sales 34212000 37699500 43459500
Gross Profit 17.55085935 16.1262086 15.1969075
Double Ink Printers Limited
2013 2014 2015
Audit - Double Ink Printers Limited | Financial Reports_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Analytical Review on Audit Planning for Double Ink Printers Limited
|14
|2717
|309

Report on Auditing and Assurance - HI6026
|13
|2135
|142

HI6026: Audit, Assurance and Compliance | Assignment
|11
|2377
|41

Auditing Assignment | Analytical Procedure
|9
|2344
|68

HI6026 Audit, Assurance and Compliance | Study
|12
|2632
|58

HI6026 - Audit, Assurance and Compliance - Case Study
|10
|2515
|43