Title: ACC 492 Proactive Tutors / snaptutorial.com
1ACC 492 Proactive Tutors / snaptutorial.com
For More Best A Tutorials
www.snaptutorial.com.com
2ACC 492 Proactive Tutors / snaptutorial.com
- What account balances are included in a revenue
and collection cycle? What specific control
procedures should be in place and operating in
internal control governing revenue recognition
and cash accounting? What assertions are made
about classes of transactions and events in the
revenue and collection cycle?
- Why is it important to place emphasis on the
existence and rights (ownership) assertions when
auditing accounts receivable? Which audit
procedures are usually the most useful for
auditing the existence and rights assertions?
What analytical procedures might be informative
regarding the existence assertion?
3ACC 492 Proactive Tutors / snaptutorial.com
- ACC 492 Week 1 Individual Assignment
- Resource Ch. 14 of Modern Auditing
- Dowload the Adobe Reader version of Ch. 14 to
complete this assignment. -
- Click on the link for Ch. 14 of Modern
Auditing on the course website.
- How might a purchasing manager use his or her
position to defraud the company? What can be done
to prevent it? Where could an auditor look to
find evidence of losses on purchase commitments
and unrecorded liabilities to vendors?
4ACC 492 Proactive Tutors / snaptutorial.com
- ACC 492 Week 2 Individual Assignment Assignments
- Why does the auditor examine travel and
entertainment expenses? What would poor controls
regarding executive reimbursements say about the
tone at the top for purposes of evaluating and
reporting on internal control? How might the
auditor effectively use analytical procedures in
the audit of various expense accounts, such as
miscellaneous expenses? Provide an example of how
analytical procedures might be used in the audit
of such accounts
-
- Resource Modern Auditing
- Prepare written answers to the following
assignments -
- Ch. 16-33 Comprehensive Question
Control Activities in Payroll Processing - Ch. 16-35 Comprehensive Question Potential
Misstatements/Tests of Controls Payroll -
5ACC 492 Proactive Tutors / snaptutorial.com
- ACC 492 Week 2 Learning Team Assignment Apollo
- Resource Apollo Shoe Case link in Week Two on
the Materials page - Complete the following audit sections
-
- See the Course Materials folder for Clarification
-
- Revenue and Expenses
-
- What internal control components are common among
long-term assets, liabilities, and equity
accounts? What components are unique to each? How
can an auditor assess these controls
6ACC 492 Proactive Tutors / snaptutorial.com
- ACC 492 Week 3 Individual Assignment Assignments
- What are the key management assertions related to
equity? What are the most important assertions
related equity? How will auditors test these
assertions?
-
- Resource Modern Auditing
- Prepare written answers to the following
assignments -
- Ch. 16-26 Comprehensive Question
Evaluation of Internal Controls Raw Materials
and Supplies Inventory - Ch. 16-29 Comprehensive Question
Computer-Assisted Substantive Tests for Inventory
7ACC 492 Proactive Tutors / snaptutorial.com
- ACC 492 Week 3 Learning Team Assignment Apollo
Shoe
-
- Learning Check 18-2
-
- Learning Check 18-15
-
- Comprehensive Question 18-25 (controls and
substantive tests for investment transactions)
-
-
- What are the steps that are required for an
auditor to finalize the audit? Which steps are
the most crucial to the outcome of the audit? How
will these steps affect the final audit decision?
8ACC 492 Proactive Tutors / snaptutorial.com
- ACC 492 Week 4 Individual Assignment Assignments
-
- What types of opinions does an auditor issue
other than unqualified? How does an opinion other
than unqualified affect the client? In your
opinion, which is the worst? What are the
circumstances that warrant each type of opinion?
- Resource Modern Auditing
- Prepare answers to the following assignments
-
- Ch. 17-22 Comprehensive Question
Internal Controls for Plant Assets
9ACC 492 Proactive Tutors / snaptutorial.com
- ACC 492 Week 4 Individual Assignment Case Study
- ACC 492 Week 4 Learning Team Assignment
- Case 8.1 Laramie Wire Manufacturing Using
Analytical Procedures in Audit Planning
- Resource Apollo Shoes Case Materials located on
the Week Four student website - Complete the following audit sections
-
10ACC 492 Proactive Tutors / snaptutorial.com
- ACC 492 Week 4 Learning Team Assignment
Assignments
- ACC 492 Week 5 Individual Assignment
-
- Resource Modern Auditing
- Prepare written answers to the following
assignments -
- Ch. 17-27 Comprehensive Question
Substantive Tests for Stockholders Equity
Balances - Ch. 18-31 Comprehensive Question Substantive
Tests for Cash Balances
-
- Prepare written answers to the following
assignments -
- Ch. 19-23 Comprehensive Question Subsequent
Events
11ACC 492 Proactive Tutors / snaptutorial.com
- ACC 492 Week 5 Individual Assignment Case Study
- ACC 492 Week 5 Individual Assignment Issuing
- Resources Case 12.4 Surfer Dude Duds, Inc.
Considering the Going-Concern Assumption - Prepare written answers that follow the case
-
-
- Resources Issuing Audit Reports simulation
located on the Week Five Materials page - Complete the simulation.
- Prepare a 500-word response to the following
questions -
- What are the different types of audit
reports and when should each be
12ACC 492 Proactive Tutors / snaptutorial.com
- ACC 492 Week 5 Learning Team Assignment
- Resource Case 4.1 Enron Corporation and
Andersen, LLP Analyzing the Fall of Two Giants
in Auditing Cases - Complete the questions at the end of the case.
- Prepare a 500-650 word response to the following
questions
13ACC 492 Proactive Tutors / snaptutorial.com
For More Best A Tutorials
www.snaptutorial.com.com