Project Information:
One of your accounting firm’s high net worth clients, Todd Caito, is considering investing a significant amount of money in a new toy manufacturing company. The company, Turf Products, is predicting it will have the hottest toy this holiday season, based on the sales revenue it has generated the last three quarters.
Todd has provided you with the detail for the revenue account and would like you to conduct some procedures and analyze the results. Todd is concerned the revenue figure might be overstated.
Week 2: Using the data file provided by Turf Products, perform some analytical tests 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.
