As corporate controller for Apollo Shoes, you are tasked to find and explain any irregularities in the Apollo Shoes Case.

Resource: Apollo Shoes Casebook
Define the process you will use and address the following assessed classroom discussion questions:

What procedures will be used to collect accounting evidence?
What sampling tools and techniques will be used for the examination?
How will you use analytical and inferential tools to evaluate accounting evidence?

Submit your assignment to the facilitator.

Note. APA formatting is not required for this assignment. Use a title and reference page where appropriate. Consider using a checklist or flowchart to outline your process.

There are many irregularities that can arise
Information Technology is everywhere from your office network to your home computer to your cell phone. What one might say on their facebook or personal website can be a clue to their state of mind as well as to their overall financial picture. We use data every single day and it provides a vast knowledge base of personal and private data. Interviewing witnesses opens a channel of communications and starts the conversation with witnesses and potential suspects. Documentary evidence is gathered which includes written statements (checks, invoices, bills, emails) and computerized document trails, any items that may be considered physical evidence. The investigation plan uses sampling tools and techniques such as systematic random selection in which a starting point is determined and every n item are selected. The number of items that need to be sampled determines N. “Systematic random selection has the advantage of ensuring all items have an equal probability of selection while providing a more efficient method of selecting items.” Another sampling tool that is used is attribute sampling which is used when the investigator “wants to examines a subset of items within a population to determine the extent to which a particular attribute exists within that population.” Another sampling tool is variables sampling which is used to test the dollar amount of errors or estimate a population value. Variables sampling is sometimes used