ACC 410 OUTLETBecome Exceptional /acc410outlet.com

1
ACC 410 OUTLETBecome Exceptional /acc410outlet.com

• FOR MORE CLASSES VISIT
• www.acc410outlet.com

2
ACC 410 Entire Course   FOR MORE CLASSES
VISIT www.acc410outlet.com   ACC 410 Week 1 DQ 1
Internal vs. External Audit Staffs ACC 410 Week 1
DQ 2 Audit Reports ACC 410 Week 1 Assignment
Generally Accepted Auditing Standards ACC 410
Week 2 DQ 1 Balance Sheet Verification ACC 410
Week 2 DQ 2 Accounting Principles
3
ACC 410 Week 1 Assignment Generally Accepted
Auditing Standards   FOR MORE CLASSES
VISIT www.acc410outlet.com  Generally Accepted
Auditing Standards. Complete problem below and
submit to your instructor. Write under the
generally accepted auditing standards column the
specific standard that was violated and how the
action of Jones resulted in a failure to comply
with each standard. Organize your answer as shown
below specifically with a column for the
standard that was violated and a column for the
required action. Thepapershouldbe 2-3 pages.
4
ACC 410 Week 1 DQ 1 Internal vs. External Audit
Staffs   FOR MORE CLASSES VISIT www.acc410outlet.c
om   Internal vs. External Audit Staffs.
Spacecraft, Inc., is a large corporation that is
audited regularly by a public accounting firm but
also maintains an internal auditing staff.
Explain briefly how the relationship of the
public accounting firm to Spacecraft differs from
the relationship of the internal auditing staff
to Spacecraft. Do not forget to show the
necessary steps and explain how you attained that
outcome.
5
ACC 410 Week 1 DQ 2 Audit Reports   FOR MORE
CLASSES VISIT www.acc410outlet.com   Audit
Reports. Evaluate the following question If a
CPA firm completes a nonpublic company audit of
Adam Companys financial statements following
IACPA generally accepted auditing standards and
is satisfied with the results of an audit, an
unmodified report may be issued.
6
ACC 410 Week 2 Assignment Analytical
Procedures   FOR MORE CLASSES VISIT www.acc410out
let.com   Analytical Procedures. In a 2-3 page
paper, complete the case below and submit to
instructor. Review the income statement for Uden
Supply Company and answer the following a.
Describe the purpose of analytical procedures
performed in the planning stage of the audit. b.
Uden Supply has projected its 2004 gross profit
at 31 of sales despite expectation for some
shrinkage in margins.
7
ACC 410 Week 2 DQ 1 Balance Sheet
Verification   FOR MORE CLASSES
VISIT www.acc410outlet.com  Balance Sheet
Verification. The best means of verification of
cash, inventory, office equipment, and nearly all
other assets is a physical count of the units
only a physical count gives the auditors complete
assurance as to the accuracy of the amounts
listed on the balance sheet. Evaluate this
statement. Remember to complete all parts of the
problems. Do not forget to show the necessary
steps and explain how you attained that outcome.
Respond to at least two of your classmates
postings
8
ACC 410 Week 2 DQ 2 Accounting Principles   FOR
MORE CLASSES VISIT www.acc410outlet.com     Accoun
ting Principles. Discuss what is meant by the
phrase shopping for accounting principles. What
mechanisms have served to prevent this practice
by management? Remember to complete all parts of
the problems. Do not forget to show the necessary
steps and explain how you attained that outcome
9
ACC 410 Week 3 Assignment Internal Control
Case   FOR MORE CLASSES VISIT www.acc410outlet.co
m     Internal Control Case. Complete Case 18-37
(p. 724-725) and submit to instructor. For each
of the following independent cases state the
highest level of deficiency that you believe the
circumstances represent--a control deficiency, a
significant deficiency, or a material weakness
10
ACC 410 Week 3 DQ 1 Audit Programs   FOR MORE
CLASSES VISIT www.acc410outlet.com     Audit
Programs. All experienced auditors would design
exactly the same audit program for a particular
audit engagement. Do you agree? Explain.
Remember to complete all parts of the problems.
Do not forget to show the necessary steps and
explain how you attained that outcome
11
ACC 410 Week 3 DQ 2 Internal Control
Procedures   FOR MORE CLASSES VISIT www.acc410out
let.com     Internal Control Procedures. Describe
what is meant by a walk-through. Must
walk-throughs be performed during audits of
internal control over financial reporting? May
the client perform a walk-through and the
auditors then review the clients work? Remember
to complete all parts of the problems. Do not
forget to show the necessary steps and explain
how you attained that outcome
12
ACC 410 Week 4 Critical Thinking Quiz   FOR MORE
CLASSES VISIT www.acc410outlet.com     ACC 410
Week 4 Critical Thinking Quiz
13
ACC 410 Week 4 DQ 1 Legal Case   FOR MORE CLASSES
VISIT www.acc410outlet.com     Legal Case.
Compare the rights of plaintiffs under common law
with the rights of persons who purchase
securities registered under the Securities Act of
1933 and sustain losses. In your answer,
emphasize the issue of who must bear the burden
of proof. Remember to complete all parts of the
problems. Do not forget to show the necessary
steps and explain how you attained that outcome.
14
ACC 410 Week 4 DQ 2 Ethics Case   FOR MORE
CLASSES VISIT www.acc410outlet.com  Ethics Case.
Harris Fell, CPA and member of the AICPA, was
engaged to audit the financial statements of
Wilson Corporation. Fell had half-completed the
audit when he had a dispute with the management
of Wilson Corporation and was discharged. Hal
Compton, CPA, was promptly engaged to replace
Fell. Wilson Corporation did not compensate Fell
for his work to date therefore, Fell refused to
allow Wilson Corporations management to examine
his working papers.
15
ACC 410 Week 5 Assignment Audit Report
Modifications Paper   FOR MORE CLASSES
VISIT www.acc410outlet.com  Audit Report
Modifications. Complete problem below. List a
represents the types of opinions the auditor
ordinarily would issue and List B represents the
report modifications if any that would be
necessary. Select as the best answer for each
situation items 1 to 6 the type of opinion and
modifications, if any, the auditor would normally
select.
16
ACC 410 Week 5 DQ 1 Audit Reporting   FOR MORE
CLASSES VISIT www.acc410outlet.com     Audit
Reporting. Wade Corporation has been your audit
client for several years. At the beginning of the
current year, the company changed its method of
inventory valuation from average cost to last in,
first out (LIFO). The change, which had been
under consideration for some time, was in your
opinion a logical and proper step for the company
to take.
17
ACC 410 Week 5 DQ 2 Audit Reports   FOR MORE
CLASSES VISIT www.acc410outlet.com     Audit
Reports. The auditors do not believe that certain
lease obligations have been reflected in
conformity with generally accepted accounting
principles in the clients financial statements.
What type of opinion should the auditors issue if
they decide that the exceptions are immaterial?
18
ACC 410 Week 5 Final Paper Audit Plan Keystone
Computers   FOR MORE CLASSES VISIT www.acc410outle
t.com     The final paper will be based on
Appendix 6C Illustrative Audit Case Keystone
Computers at pages 237-244 in your text. Write,
in outline format but in complete sentences, a 6
to 10 page audit plan. It is recommended that you
look at Figure 18.8 on page 708, which shows the
control objectives related to accounts receivable.
19
ACC 410 OUTLET Help Perfect Education/acc410outlet
.com

• FOR MORE CLASSES VISIT
• www.acc410outlet.com