Dell Auditing Essay

dingles products dingles products can be spaced by home and working sections. For person-to-person clients dell provide personal laptops, desktops, tablets and a sort of accessories. For go-ahead and government users, Dell provide moorage equipment such as PCs, monitors, printers & electronics and Tablets. Workstations and services focus on servers, solutions and softw ar.Dells competitorsCompetitors of Dell including Lenovo, Apple, Hewlett-Packard, Asus and so on.Dells customersBased on the advantages of stability and advanced technology, the main part of the customers of Dell are government, enterprise and different institutions. The other part of Dells customer is family and personal users which focus on PCs, laptops and personal data services.Dells suppliersDells global dodging made a wide and protracted supply chain. 95% of its suppliers with including AMD, Hitachi, Microsoft and Samsung has been disclosed on the website http//www.dell.com/learn/us/en/uscorp1/corp-comm /cr-ca-list-suppliersHow does Dell market and distribute its products?For personal clients, Dells strategy is to customize its products in order to satisfy potential buyers requirement. One of the role model is the Alienware Gaming PCs, which is designed and manufactured for high standard game player, Dell presented fashion appearance to attract teenagers and powerful performance to fulfill customers who is want perfect game experience. Products can be made for different functions and added bossy accessories. To deal with the large orders from enterprises, government departments and institutions, Dell serves products and services with demoralize toll and higher stability. Under this circumstances, customers will tend to choose Dells products constantly and may introduce them to other potential users.What is Dells line of descent strategy?Dell is an obviously cost leadership company. believe on the efficient supply chain, Dell gained superior price advantage. On the tablet and laptop market Dell has to face strong disputation from Apple and Samsung but it was still the largest tax income contributor (31% according 10K) because the set about price in 2012. Dell also attempted on Alienware series to enter high performance PC market. Generally, the sources of Dells revenue was almost equally provided by enterprise solutions (46%) and services and Personal lymph node (54%).What are censorious business processes for Dell given its basic business strategy? Dells cost leadership strategy is in the first place prolonged by its efficient supply chain management. Suppliers for Dell are globally and widely separated in different businesses. Based on the supply system, Dell could ensure lower accessory price and negotiation advantages. Outsource manufacturing and services decreased the inventory and financial risk, which is normally in high technology industry because of product replacement.What history information is associated with the critical business p rocesses and how does Dell measure up on that information? speak to of goods sold, inventory, account payable and revenues.What accounting methods does Dell use to report the accounting information associated with critical business processes and what is the risk of literal misstatement? Dell uses first in first out to report inventory and revenue is recognized on the moment of shipment. The get along of account receivable is almost half of the current asset which direction the highly risk of income statement adjustment. Inventory has been kept in lower level, consider about the return and exchange service, the number of inventory might be misstated either.Professional auditing standards provide guidance on the auditors consideration of an entitys business risks. What is the auditors objective for arrangement an entitys business risks? Why does an auditor not have responsibility to identify or assess all business risks? Provide any(prenominal) examples of business risks associ ated with an entity that an auditor should consider when performing an audit. The purpose of business risks misgiving is to offer auditors capability to recognize possible misstatement and make analysis and adjustment. audited account report will be more efficient and reasonable with support of business expertise. attendees did not participate management process of the company, and sometimes material or highly material information will be presented to auditors. Auditors scope may be restricted or independency influence the accuracy of audit report.