ACC 492 OUTLET The learning interface/acc492outletdotcom

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ACC 492 OUTLET The learning interface/acc492outle
tdotcom
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ACC 492 OUTLET The learning interface

• ACC 492 Entire Course
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• ACC 492 Week 1 Individual Assignment Payroll
  Flowchart
• ACC 492 Week 1 Individual Multiple Choice
• ACC 492 Week 1 Quiz
• ACC 492 Week 1 Individual Assignment Assignments
  From the Text
• ACC 492 Week 2 Individual Multiple Choice
• ACC 492 Week 2 Quiz

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ACC 492 OUTLET The learning interface

• ACC 492 Week 1 DQ 1 (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.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?

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ACC 492 OUTLET The learning interface

• ACC 492 Week 1 DQ 2 (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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?

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ACC 492 OUTLET The learning interface

• ACC 492 Week 1 Individual Assignment Assignments
  From the Text (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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.
• Click Download eBook on the left-hand
  side of the page.
• Download Ch. 14 of Modern Auditing

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ACC 492 OUTLET The learning interface

• ACC 492 Week 1 Individual Assignment Assignments
  From the Text
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Click on the link for Ch. 14 of Modern Auditing
  on the course website.
• Click Download eBook on the left-hand side of the
  page.
• Download Ch. 14 of Modern Auditing
• Prepare written answers for the following
  assignments
• Learning Check 14-4
• Comprehensive Question 14-28 Controls over Cash
  Receipts Processing at a Church

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ACC 492 OUTLET The learning interface

• ACC 492 Week 1 Individual Assignment Payroll
  Flowchart
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Post your flowchart in the Assignments folder.
  Prepare flowcharts of the revenue and payroll
  cycle in your organization. Then, prepare a
  300-500-word examination of the cycles. Be sure
  to examine the internal controls within each
  cycle and any internal controls limitations that
  may exist.

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ACC 492 OUTLET The learning interface

• ACC 492 Week 1 Individual Multiple Choice
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Post your answers to the Multiple Choice
  Questions in the Assignments folder.
• Be prepared to take a quiz on topics covered in
  the assigned readings for Week one.
• 1. Which of the following accounts in a
  merchandising company is affected by both the
  revenue cycle and another cycle?
• a. sales
• b. sales returns and allowances
• c. inventory

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ACC 492 OUTLET The learning interface

• ACC 492 Week 1 Quiz
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 1. In an accrual accounting system, revenues are
  recognized as goods are delivered or as services
  are rendered. (True/False)
• 2. Give a brief definition of revenue. (30)
• 3. How are revenues measured? Not asking for
  currency here(30)
• 4. List any three types of transactions normally
  processed by the revenue process. (30)
•  

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ACC 492 OUTLET The learning interface

• ACC 492 Week 2 DQ 1 (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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?

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ACC 492 OUTLET The learning interface

• ACC 492 Week 2 DQ 2 (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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?

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ACC 492 OUTLET The learning interface

• ACC 492 Week 2 Individual Assignment Assignments
  From the Text (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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

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ACC 492 OUTLET The learning interface

• ACC 492 Week 2 Individual Assignment from the
  Text
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Post your answers to the following assignments
  from the text in your Assignments folder.
  Prepare responses to the questions posed by the
  following
• Learning Check 155 from the text, Modern
  Auditing Assurance Services and the Integrity of
  Financial Reporting (8th ed.) by Boynton and
  Johnson.

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ACC 492 OUTLET The learning interface

• ACC 492 Week 2 Individual Multiple Choice
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Post your answers to the Multiple Choice
  Questions in the Assignments folder.
• Please post your answers to the Multiple Choice
  questions to the Assignments section.
• 1. Which of the following accounts does not
  appear in the acquisition and expenditure cycle?
• a. Cash.
• b. Purchases Returns.
• c. Sales Returns.

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ACC 492 OUTLET The learning interface

• ACC 492 Week 2 Learning Team Assignment Apollo
  Shoe Case Assignment (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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
• o Before completing this section, review the
  material in the Planning section with emphasis on
  the Trial balances and Apollo Shoes Minutes

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ACC 492 OUTLET The learning interface

• ACC 492 Week 2 Quiz
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Be prepared to take a quiz on topics covered in
  the assigned readings for Week two.
• 1. Expenses are normally accrued at the end of
  the accounting period by a small business that
  follows the cash method of accounting.
  (True/False).
• 2. List two expense accounts that are usually
  accrued at the end of an accounting period. (30)
  
• 3. Name the document that is usually completed
  before a purchase order is executed. (30)

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ACC 492 OUTLET The learning interface

• ACC 492 Week 2 Team Assignment Internal Control
  Questionnaire
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Internal Controls Questionnaire. Select a
  Learning Team members organization as the basis
  for this and subsequent Learning Team meeting
  assignments. Develop and complete an internal
  controls questionnaire for either an asset- or
  liability-related business cycle within the
  selected organization.

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ACC 492 OUTLET The learning interface

• ACC 492 Week 3 DQ 1 (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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

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ACC 492 OUTLET The learning interface

• ACC 492 Week 3 DQ 2 (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• What are the key management assertions related to
  equity? What are the most important assertions
  related equity? How will auditors test these
  assertions?

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ACC 492 OUTLET The learning interface

• ACC 492 Week 3 Individual Assignment Assignments
  From the Text (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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

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ACC 492 OUTLET The learning interface

• ACC 492 Week 3 Individual Multiple Choice Quiz
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Post your answers to the Multiple Choice
  Questions in your Assignments folder.
• 1. Which of the following approaches is most
  suitable for auditing the finance and investment
  cycle?
• a. Perform extensive tests of controls and limit
  substantive procedures to analytical procedures.
• b. Ignore internal controls and perform extensive
  substantive procedures.

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ACC 492 OUTLET The learning interface

• ACC 492 Week 3 Learning Team Assignment Apollo
  Shoe Case Assignment (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Learning Check 18-2
• Learning Check 18-15
• Comprehensive Question 18-25 (controls and
  substantive tests for investment transactions)

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ACC 492 OUTLET The learning interface

• ACC 492 Week 3 Quiz
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 1. Internal control is a process effected by an
  entitys board of directors, management, and
  other personnel that is designed to provide
  reasonable assurance regarding the achievement of
  objectives. (True/False) (10)
• 2. What are the two main objectives for
  conducting preliminary analytical procedures?
  (30)

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ACC 492 OUTLET The learning interface

• ACC 492 Week 3 Team Assignment Audit Program
  Development
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Audit Program Development.  Based on the findings
  of the Internal Controls Questionnaire your team
  developed in Learning Team Meeting One, prepare a
  list of audit objectives for your selected
  business cycle. Then, develop an audit program to
  meet your stated audit objectives.

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ACC 492 OUTLET The learning interface

• ACC 492 Week 4 DQ 1 (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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?

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ACC 492 OUTLET The learning interface

• ACC 492 Week 4 DQ 2 (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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?

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ACC 492 OUTLET The learning interface

• ACC 492 Week 4 Individual Assignment Assignments
  From the Text (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Resource Modern Auditing
• Prepare answers to the following assignments
• Ch. 17-22 Comprehensive Question
  Internal Controls for Plant Assets
• Ch. 17-26 Comprehensive Question Substantive
  Tests and Disclosures for Long-Term Debt

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ACC 492 OUTLET The learning interface

• ACC 492 Week 4 Individual Assignment Case Study
  (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Case 8.1 Laramie Wire Manufacturing Using
  Analytical Procedures in Audit Planning

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ACC 492 OUTLET The learning interface

• ACC 492 Week 4 Individual Multiple Choice Quiz
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Post your answers to the Multiple Choice
  Questions in your Assignments folder
• 1. A CPA found that the company has not
  capitalized a material amount of leases in the
  financial statements. When considering the
  materiality of this departure from GAAP, the CPA
  would choose between which reporting options?

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ACC 492 OUTLET The learning interface

• ACC 492 Week 4 Learning Team Assignment Apollo
  Shoe Case Assignment (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Resource Apollo Shoes Case Materials located on
  the Week Four student website
• Complete the following audit sections
• See the Course Materials folder for Clarification
• Prepaids and Other Assets

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ACC 492 OUTLET The learning interface

• ACC 492 Week 4 Learning Team Assignment
  Assignments From the Text (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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

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ACC 492 OUTLET The learning interface

• ACC 492 Week 4 Quiz
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 1. The auditor's responsibilities with regard to
  audit works is usually up to the last date of
  field works. (True/False)
• 2. Name the various types of opinions expressed
  by an independent auditor.
• 3. List the three types of going concern issues.
•         4. Describe very briefly three conditions
  under which an auditor issues a qualified report.

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ACC 492 OUTLET The learning interface

• ACC 492 Week 4 Team Assignment Audit Program
  Presentation
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Audit Program Presentation.? Prepare 8-10
  Microsoft? PowerPoint? slides illustrating your
  Learning Team?? Audit Questionnaire and the
  results of your completed Audit Program.? Post
  your answers to the?Assignments?folder of the
  responsible individual.

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ACC 492 OUTLET The learning interface

• ACC 492 Week 5 Individual Assignment Assignments
  From the Text (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Prepare written answers to the following
  assignments
• Ch. 19-23 Comprehensive Question Subsequent
  Events

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ACC 492 OUTLET The learning interface

• ACC 492 Week 5 Individual Assignment Case Study
  (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Resources Case 12.4 Surfer Dude Duds, Inc.
  Considering the Going-Concern Assumption
• Prepare written answers that follow the case
•  

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ACC 492 OUTLET The learning interface

• ACC 492 Week 5 Individual Assignment Issuing
  Audit Program Simulation
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Issuing Audit Reports Simulation.  Complete the
  simulation Issuing Audit Reports located on the
  Materials page.  After completing the simulation,
  prepare a 350-word response to following
  questions
• a)      What are the different types of audit
  reports and when should each be used?

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ACC 492 OUTLET The learning interface

• ACC 492 Week 5 Individual Assignment Issuing
  Audit Reports Simulation (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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 used?

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ACC 492 OUTLET The learning interface

• ACC 492 Week 5 Learning Team Assignment Case
  Study Assignment and Presentation (New)
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• 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
• What are the principles of the AICPA
  Code of Professional Conduct?

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ACC 492 OUTLET The learning interface

• ACC 492 Week 5 Team Assignment Case study
  assignment
• FOR MORE CLASSES VISIT
• www.acc492outlet.com
•  
• Work on the following assignment with your
  Learning Team, and then have one member of your
  team post a collective response from the team in
  the Assignments folder of the responsible
  individual.
• Case Study AssignmentPrepare written answers to
  the following Learning Check  417 from the
  text, Modern Auditing Assurance Services and the
  Integrity of Financial Reporting (8th ed.) by
  Boynton and Johnson. .

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ACC 492 OUTLET The learning interface/acc492outle
tdotcom
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