ACC 491 guide Absolute Tutors/acc491guide.com

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ACC 491 guide Absolute Tutors/acc491guide.com

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ACC 491 guide Absolute Tutors
ACC 491 Entire Course FOR MORE CLASSES
VISIT www.acc491guide.com ACC 491 Week 1
Individual Assignment Generally Accepted Auditing
Standards Paper ACC 491 Week 1 DQ 1 ACC 491 Week
1 DQ 2 ACC 491 week 2 Individual Assignments From
the Text ACC 491 Week 2 Team Assignment Auditing,
Attestation, and Assurance Services Paper ACC 491
Week 2 DQ 1 ACC 491 Week 2 DQ 2 ACC 491 week 3
Individual Assignments From the Text ACC 491 week
3 Team Assignments From the Text
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ACC 491 guide Absolute Tutors
ACC 491 Week 1 DQ 1 FOR MORE CLASSES
VISIT www.acc491guide.com The American Institute
of Certified Public Accountants (AICPA) and the
Institute of Internal Auditors (IIA) have
positioned the auditing professions to become
assurance professions. What is the difference
between assurance services, attestation services,
and auditing services? What are the economic
issues that drive the increased demand for
assurance services? What is one assurance
engagement and one attestation engagement other
than an audit of financial statements? What are
the differences between the two?
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ACC 491 guide Absolute Tutors
ACC 491 Week 1 DQ 2 FOR MORE CLASSES
VISIT www.acc491guide.com The ten Generally
Accepted Auditing Standards (GAAS) provide the
foundation for all other auditing standards and
interpretations. What is the definition of the
standard of due professional care, and how
might a court decide whether an audit firm met
the standard? Why is independence often
considered the cornerstone of the auditing
profession? Why were independence issues a
primary concern of Congress when they developed
the Sarbanes-Oxley Act?
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ACC 491 guide Absolute Tutors
ACC 491 Week 1 Individual Assignment Generally
Accepted Auditing Standards Paper FOR MORE
CLASSES VISIT www.acc491guide.com Write a 700-
to 1,050-word paper in which you explain the
nature and functions of auditing. Relate your
explanation to the audit functions in your
organization, or an organization with which you
are familiar. In your paper, be sure to address
the following Describe the elements of the
Generally Accepted Auditing Standards
(GAAS). Describe how these standards apply to
financial, operational, and compliance audits.
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ACC 491 guide Absolute Tutors
ACC 491 Week 2 DQ 1 FOR MORE CLASSES
VISIT www.acc491guide.com What is the purpose of
engagement planning? What critical information
should the auditor consider during engagement
planning? How will this information affect the
scope of the audit?
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ACC 491 guide Absolute Tutors
ACC 491 Week 2 DQ 2 FOR MORE CLASSES
VISIT www.acc491guide.com What are the
components of the audit risk model? How does the
audit risk model impact an audit plan?
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ACC 491 guide Absolute Tutors
ACC 491 Week 2 Individual Assignments From the
Text FOR MORE CLASSES VISIT www.acc491guide.com
Resource Modern Auditing Assurance Services and
the Integrity of Financial Reporting Prepare
written answers to Chapter 1 Comprehensive
Question 1-23 Organizations associated with the
public accounting profession.
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ACC 491 guide Absolute Tutors
ACC 491 Week 2 Team Assignment Auditing,
Attestation, and Assurance Services Paper FOR
MORE CLASSES VISIT www.acc491guide.com Write a
1,050- to 1,400-word paper in which you compare
and contrast auditing, attestation, and assurance
services. In your paper, be sure to include the
following An example of each type of
service Who might request such a service What
standards apply to each service and who
establishes those standards
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ACC 491 guide Absolute Tutors
ACC 491 Week 3 DQ 1 FOR MORE CLASSES
VISIT www.acc491guide.com How are analytical
procedures used in an audit engagement? What
premise underlies the use of analytical
procedures in auditing? What sources of
information can an auditor use to develop
expectations? Give examples.
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ACC 491 guide Absolute Tutors
ACC 491 Week 3 DQ 2 FOR MORE CLASSES
VISIT www.acc491guide.com Why do auditors have
to consider the internal controls of the
organization? What are some key elements of
internal control? Which are the most important?
How will the auditor have to modify the audit
program if the internal controls are deemed
inadequate to support management assertions?
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ACC 491 guide Absolute Tutors
ACC 491 Week 3 Individual Assignments From the
Text FOR MORE CLASSES VISIT www.acc491guide.com
Resource Modern Auditing Assurance Services and
the Integrity of Financial Reporting Prepare
written answers to the following assignments 1.
Chapter 5 Comprehensive Questions 5-30
Assertions 2. Chapter 6 Comprehensive
Questions 6-22 Audit Evidence 3. Chapter 7
Comprehensive Questions 7-22 Understanding the
Entity and its Environment
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ACC 491 guide Absolute Tutors
ACC 491 Week 3 Team Assignment Assessing
Materiality and Risk Simulation FOR MORE CLASSES
VISIT www.acc491guide.com Resources Assessing
Materiality and Risk located on the Week Two
Materials page Complete the simulation and
prepare a 350-word total (not per question)
response to the following questions Why do
certain accounts have to be audited 100? Why is
materiality allocated only to those accounts that
are sampled? Is any component of audit risk
within the control of the auditor? Explain. How
are the three risks that make up audit risk
interrelated?
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ACC 491 guide Absolute Tutors
ACC 491 Week 3 Team Assignments From the
Text FOR MORE CLASSES VISIT www.acc491guide.com
Resource Modern Auditing Assurance Services and
the Integrity of Financial Reporting Prepare
written answers to the following assignments 1.
Chapter 6 Comprehensive Question 6-26 Audit
Programs and Assertions 2. Chapter 7 Case
7-25 New Client Acceptance, part b only
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ACC 491 guide Absolute Tutors
ACC 491 Week 4 DQ 1 FOR MORE CLASSES
VISIT www.acc491guide.com What are some of the
different types of sampling methods that are
available to the auditor? How does the auditor
decide which method to use? How will the
different methods affect the audit?
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ACC 491 guide Absolute Tutors
ACC 491 Week 4 DQ 2 FOR MORE CLASSES
VISIT www.acc491guide.com What is the importance
of defining the population when performing audit
procedures? How will this affect the sample size?
How will incorrectly defining the population
affect the sampling unit?
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ACC 491 guide Absolute Tutors
ACC 491 Week 4 Individual Assignments From the
Text FOR MORE CLASSES VISIT www.acc491guide.com
Resource Modern Auditing Assurance Services
and the Integrity of Financial Reporting Prepare
answers to the following assignments 1.
Chapter 8 Comprehensive Questions 8-16
Analytical procedures 2. Chapter 10
Comprehensive Questions 10-32 Components of
Internal Control 3. Chapter 11 Comprehensive
Questions 11-21 Assessing Control Risk
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ACC 491 guide Absolute Tutors
ACC 491 Week 4 Team Assignment Apollo Shoes Case
Assignment FOR MORE CLASSES VISIT www.acc491guid
e.com Resources Apollo Shoes Case Materials
located on the Week Three Materials page Review
the Planning section, with emphasis on the Apollo
Accounting and Control Procedures Manual and the
Apollo Shoe Minutes. Complete the Internal
Control audit section of the case.
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ACC 491 guide Absolute Tutors
ACC 491 Week 5 Individual Assignments From the
Text FOR MORE CLASSES VISIT www.acc491guide.com
Resource Modern Auditing Assurance Services
and the Integrity of Financial Reporting Download
the Adobe Reader version of Ch. 11 and 13 to
complete this assignment. Click on the link for
Ch. 11 of Modern Auditing on the course
website. Click Download eBook on the left-hand
side of the page. Download Ch. 11 and 13 of
Modern Auditing. Prepare written answers to the
following assignments Ch. 11 Learning Check
11-6 Ch. 11 Learning Check 11-8 Ch. 11
Learning Check 11-9
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ACC 491 guide Absolute Tutors
ACC 491 Week 5 Team Assignment Audit Sampling
Case Memo FOR MORE CLASSES VISIT www.acc491guide.
com Resource Modern Auditing Assurance
Services and the Integrity of Financial
Reporting Prepare a 1,400- to 1,750-word memo to
the Audit Partner, John Smith, summarizing your
findings from the following case Ch. 13 Case
Mt. Hood FurniturePPS sampling problem Case
13-36 Also, since John Smith is primarily a
visual person, he has asked for all memos to be
summarized and put into a presentation. Prepare
10-15 Microsoft PowerPoint slides, with speaker
notes, illustrating your Audit Sampling Case
Memo. Please submit your memo and presentation.
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ACC 491 guide Absolute Tutors