ACC 562 EDU Education Terms/acc562edu.com

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ACC 562 EDU Education Terms/acc562edu.com
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Final Exam Guide FOR MORE CLASSES VISIT
www.acc562edu.com Developing an understanding of
the client's business and industry is essential
to proficiency as discussed in the general
standards of GAAS. (Points 4) True
False 2. Ratio analysis only involves a
year-to-year comparison of account balances.
(Points 4) True False
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Midterm Exam Guide FOR MORE CLASSES
VISIT www.acc562edu.com Question 1
CPAs are licensed by the
Question 2 The Certified Internal
Auditor program is administered by the
Question 3 The
objective of an operational audit is to

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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 1 DQs FOR MORE CLASSES VISIT
www.acc562edu.com Analyze the need for unbiased
financial reporting. Based on your analysis,
determine at least two (2) drivers that may cause
financial reporting to be biased. Provide a
rationale to support your response.
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 2 DQs FOR MORE CLASSES VISIT
www.acc562edu.com Analyze the changes made to
corporate governance rules since the
implementation of the SarbanesOxley Act of 2002.
Based on your analysis, formulate an opinion on
whether or not these changes are sufficient in
preventing financial fraud. Provide a rationale
for your response.
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 3 Assignment 1 Madoff Securities (2
Papers) FOR MORE CLASSES VISIT
www.acc562edu.com This Tutorial contains 2
Different Papers Determine the regulatory
oversight that was in place while the Ponzi
scheme was operating, and speculate on the main
reasons why they did not discover the
scheme. Assume you are an auditor for a firm that
had 10 million dollars invested in Madoff
Securities.
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 3 DQs FOR MORE CLASSES VISIT
www.acc562edu.com From the case study, use the
ethical framework to propose a course of action
that you would take concerning the audit. Provide
a rationale for your response. Imagine that you
work for an audit firm and the firm selected you
to assess its auditor
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 4 DQs FOR MORE CLASSES VISIT
www.acc562edu.com From the first e-Activity,
determine at least two (2) AICPA Professional
Conduct principles that are most likely to be
violated. Provide a rationale to support your
response.
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 5 DQs FOR MORE CLASSES VISIT
www.acc562edu.com Imagine you work for an
auditing firm. Your most recent task is to
determine whether or not your firm should bid to
perform the auditing services of a public
company. Determine the fundamental kind of
information that you need in order to make an
informed decision as to whether or not to bid on
the audit. Provide a rationale to support your
response.
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 6 DQs FOR MORE CLASSES VISIT
www.acc562edu.com From the e-Activity, support
or critique the idea that the Committee of
Sponsoring Organization of the Treadway
Commission (COSO) transition would strengthen
internal controls over financial reporting in
publicly traded companies. Provide a rationale to
support your response.
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 7 Assignment 2 Cardillo Travel
Systems, Inc. (2 Papers) FOR MORE CLASSES VISIT
www.acc562edu.com This Tutorial contains 2
Different Papers Review the Cardillo Travel
Systems case, located in Chapter 6 of your
textbook. Write a four to five (4-5) page paper
in which you Explain the Securities and
Exchange Commissions rationale to charge
Cardillo executives with each of the following
violations
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 7 DQs FOR MORE CLASSES VISIT
www.acc562edu.com From the e-Activity, determine
the main reasons why several members of top
management in Phar-Mor perpetrated the financial
statement fraud. Next, recommend one (1) strategy
that the auditors might have taken to detect or
prevent the fraud. Provide a rationale to support
your recommendation.
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 8 DQs FOR MORE CLASSES VISIT
www.acc562edu.com From the e-Activity, analyze
the auditors responsibility to determine if a
company can continue as a going concern. From
your analysis, propose at least two (2) key
factors that the auditor should consider when
determining an entitys ability to continue as a
going concern. Provide a rationale to support
your proposal.
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 9 DQs FOR MORE CLASSES VISIT
www.acc562edu.com From the case study, determine
the main potential ethical dilemmas. Next, use
the seven (7) steps in the ethical
decision-making framework to recommend one (1)
course of action you would take in order to avoid
the ethical dilemmas. Provide a rationale to
support your recommendation. 1. Identify the
ethical issue
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 10 Assignment 3 Freescale
Semiconductors, Inc (2 PPT) FOR MORE CLASSES
VISIT www.acc562edu.com This Tutorial contains 2
Different PPT Review the Freescale Semiconductor
case, located in Chapter 9 of your textbook.
Prepare a twelve to twenty (12-20) slide
PowerPoint presentation with speaker notes in
which you 1. Give your opinion as to whether or
not additional laws and harsher penalties on
financial fraud can eliminate or mitigate
financial fraud. Support the rationale.
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 10 DQs FOR MORE CLASSES VISIT
www.acc562edu.com From the case study, evaluate
the quality of REDTOPs internal audit function.
Based on your evaluation, recommend at least two
(2) changes that you would make in order to
improve the quality of REDTOPs internal audit
function. Provide a rationale to support your
response.
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ACC 562 EDU Education Terms/acc562edu.com
ACC 562 EDU Education Terms/acc562edu.com
ACC 562 Week 11 DQs FOR MORE CLASSES VISIT
www.acc562edu.com Discuss one (1) way in which
you anticipate using what you have learned from
this course in your current or future career.
Provide one (1) specific example to support your
response.
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ACC 562 EDU Education Terms/acc562edu.com