Title: ACC 491 Begins Education / snaptutorial.com
1ACC 491 Course Begins Education /
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2ACC 491 Course Begins Education /
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- ACC 491 week 2 Individual Assignments From the
TextACC 491 Week 2 Team Assignment Auditing,
Attestation, and Assurance Services PaperACC 491
Week 2 DQ 1ACC 491 Week 2 DQ 2ACC 491 week 3
Individual Assignments From the Text
- 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?
3ACC 491 Course Begins Education /
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- ACC 491 Week 1 Individual Assignment Generally
Accepted Auditing Standards Paper
- 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?
- Describe the elements of the Generally Accepted
Auditing Standards (GAAS). - Describe how these standards apply to financial,
operational, and compliance audits. - Explain the effect that the Sarbanes-Oxley Act of
2002, and the Public Company Accounting Oversight
Board
4ACC 491 Course Begins Education /
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- 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?
- What are the components of the audit risk model?
How does the audit risk model impact an audit
plan?
5ACC 491 Course Begins Education /
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- ACC 491 Week 2 Individual Assignments From the
Text
- ACC 491 Week 2 Team Assignment Auditing,
Attestation, and Assurance Services Paper
- Prepare written answers to Chapter 1
Comprehensive Question 1-23 Organizations
associated with the public accounting profession.
- Resource Modern Auditing Assurance Services
and the Integrity of Financial Reporting
- 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.
6ACC 491 Course Begins Education /
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- 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.
- 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?
7ACC 491 Course Begins Education /
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- ACC 491 Week 3 Individual Assignments From the
Text
- ACC 491 Week 3 Team Assignment Assessing
Materiality and Risk Simulation
- 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
- 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.
8ACC 491 Course Begins Education /
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- ACC 491 Week 3 Team Assignments From the Text
- Resource Modern Auditing Assurance Services and
the Integrity of Financial Reporting - Prepare written answers to the following
assignments - Chapter 7 Case 7-25 New Client
Acceptance, part b only
- 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?.
9ACC 491 Course Begins Education /
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- ACC 491 Week 4 Individual Assignments From the
Text
- 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?
- Resource Modern Auditing Assurance Services and
the Integrity of Financial Reporting - Prepare answers to the following assignments
- Chapter 8 Comprehensive Questions 8-16
Analytical procedures - Chapter 10 Comprehensive Questions 10-32
Components of Internal Control
10ACC 491 Course Begins Education /
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- ACC 491 Week 4 Team Assignment Apollo Shoes Case
Assignment
- ACC 491 Week 5 Individual Assignments From the
Text
- 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.
- Resource Modern Auditing Assurance Services and
the Integrity of Financial Reporting - Click on the link for Ch. 11 of
- ? Modern Auditing on the course website.
- ? Download eBook on the left-hand side of the
page. - Download Ch. 11 and 13 of? Modern Auditing.
11ACC 491 Course Begins Education /
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- ACC 491 Week 5 Team Assignment Audit Sampling
Case Memo
- 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 -
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