Write a 5- to 8 page double-spaced paper that summarizes how an accounting and/or financial manager might apply auditing and assurance concepts to non-audit applications/roles. Please develop an audit plan to audit sustainability and corporate social responsibility for a company reported on the
GRI (Global Reporting Initiative) website
.
Audit Plan Project
Write a 5- to 8 page double-spaced paper that summarizes how an accounting and/or financial manager might apply auditing and assurance concepts () to non-audit applications/roles. Please develop an audit plan to audit sustainability and corporate social responsibility for a company reported on the
GRI (Global Reporting Initiative) website
.
Here is information that you can use to develop this audit plan:
1.
What are assurance services that CPAs provide?
2. The most recent annual report for the company you chose: SAP, Coca Cola, Starbucks, or BP.
3.
AICPA. (2012). AT 101: Attestation Engagements.
4.
IFAC. (2011, March 22). IFAC Sustainability Framework 2.0: Professional Accountants as Integrators.
5.
Statements on Standards for Attestation Engagements.
6.
Price, R. W. (2012). What is a corporate social responsibility audit? Global Entrepreneurship Institute.
Requirements:
· Develop an audit plan for a company that files a sustainability report. (as if you are going to audit the company sustainability project)
· You can use 2018 or 2019 report for a company who file a sustainability report.
· What are the key methods on reporting?
·
What the metrics are? Adopt and report at least 5 or 6 key metrics the company is reporting on (sustainability metrics). (The Global Reporting Initiative, for example, provides a list of metrics).
· Explain how auditors get into audit.
· Determine the scope and plan for the engagement.
· Identify key risks.
· Determine the appropriate test approach.