ACC 546 help A Guide to career/Snaptutorial

1
ACC 546 help A Guide to career/ snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 All Assignments For more classes
visit www.snaptutorial.com   Please check All
Included Assignments Below ACC 546 Individual
Assignment Evaluating the Case Against Lehman
Brothers ACC 546 Case 3.3 The Anonymous Caller
ACC 546 Assignment Burlington Bees ACC 546 Week
1 Assignment Avoiding Bias Paper ACC 546
Individual Assignment 1.1 Ocean Manufacturing,
Inc ACC 546 Laramie Wire Manufacturing
Assignment
3
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Assignment Burlington Bees For more
classes visit www.snaptutorial.com   1 Research
auditing professional standards and list the
requirements related to developing an expectation
and conducting analytical procedures when those
procedures are intended to provide substantive
evidence. What are the advantages of developing
an expectation at a detailed level (i.e., using
disaggregated data) rather than at an overall or
aggregated level?
4
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 2.2 Apple Inc. For more classes
visit www.snaptutorial.com   CASE 2.2 Apple
Inc. Evaluation of Client Business Risk After
completing and discussing this case you should be
able to 1 Describe the implications of an
audit clients business risk on the audit
engagement 2 Describe the types of information
relevant to evaluate an audit clients business
risk 3 Identify and evaluate the factors
important in assessing an audit clients business
risk and risk of material financial misstatement
5
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 3.3 The Anonymous Caller For more
classes visit www.snaptutorial.com   Case 3.3 The
Anonymous Caller, p. 63-65 1 Do you think
situations like this (i.e., aggressive accounting
or even financial statement fraud) are common in
practice? 2 Which financial statement
assertion related to sales transactions did
management violate when it issued the falsified
financial statements? 3 The Financial
Accounting Standards Board (FASB) and the
International Accounting Standards Board (IASB)
recently completed a joint project to develop a
common revenue standard
6
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 5.1 Simply Steam, Co. For more
classes visit www.snaptutorial.com   Commitment
to Integrity and Ethical Values Board of
Directors Demonstrates Independence and
Appropriate Oversight Managements Philosophy and
Operating Style Management Establishes Structure
and Reporting Lines to Achieve Objectives Financia
l Reporting Competencies
7
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 7.1 Anne Aylor, Inc For more
classes visit www.snaptutorial.com   ACC 546 Case
7.1 Anne Aylor, Inc. a Why are different
materiality bases considered when determining
planning materiality? b Why are different
materiality thresholds relevant for different
audit engagements? c Why is the materiality
base that results in the smallest threshold
generally used for planning purposes? D. Why is
the risk of management fraud considered when
determining performance materiality? E. Why might
an auditor not use the same performance
materiality amount or percentage of account
balance for all financial statement accounts?
8
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 CASE 9.1 Wallys Billboard Sign Supply
For more classes visit www.snaptutorial.com   CAS
E 9.1 Wallys Billboard Sign Supply After
completing the audit program, answer the
following questions 1 Why is the audit of cash
an important part of the audit? 2 Bill
performed tests of controls for all transaction
cycles with good results. Why is it important to
also perform substantive audit procedures for the
ending cash balance even when tests of controls
over transactions that affect the cash account
indicate that those controls are operating
effectively?
9
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 9.3 Longeta Corporation For more
classes visit www.snaptutorial.com   Case 9.3
Longeta Corporation overs auditing revenue
contracts. You want to be thoroughly prepared for
the meeting with the audit manager. Perform the
following procedures to be certain you have all
necessary information about the transactions
treatment. 1 The Financial Accounting Standards
Board (FASB) and the International Accounting
Standards Board (IASB) recently completed a joint
project to develop a common revenue standard for
U.S. GAAP and IFRS to improve revenue recognition
practices and to remove inconsistencies and
weaknesses in revenue requirements.
10
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 9.4 Bud's Big Blue Manufacturing
For more classes visit www.snaptutorial.com   Cas
e 9.4 Bud's Big Blue Manufacturing covers
accounts receivable confirmations REQUIRED 1
List the four factors auditors should consider
when evaluating the results of confirmation
procedures. Also, what are three of the
characteristics of a reliable confirmation? (For
this and other questions, you may wish to refer
relevant auditing standards). 2 What does it
mean to maintain control over the confirmation
requests and responses? What could go wrong if
the auditor doesnt maintain control over the
confirmation process?
11
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 9.7 RedPack Beer Company For more
classes visit www.snaptutorial.com   Case 9.7
RedPack Beer Company covers estimating allowance
for bad debt 2 Following your analysis of the
information in Schedules A-D, assume that you met
with RedPacks Credit Manager, Katie Henson, to
ask her a number of questions related to specific
customer accounts in the Accounts Receivable Aged
Trial Balance. A transcript of your interview
notes is provided as Schedule E. Use that
information to address the following
12
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 10.4 and 10.5 Southeast Shoe
Distributor, Inc(Score 100) For more classes
visit www.snaptutorial.com   Week 5 Team
Assignment Case 10.4 and 10.5 Southeast Shoe
Distributor, Inc. 10.4 2 Complete steps 1a-i
from the audit program E 1-1 3 Complete step 4a
from the audit program E 1-1 10.5 1 Complete
audit procedure 3a listed on audit program E 2.
13
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 11.1 The Runners Shop For more
classes visit www.snaptutorial.com   Week 6 Team
Assignment, 1 Instructions Review case 11.1 The
Runners Shop p.379-391. CASE 11.1 The Runners
Shop Briefly answer, required questions related
to this case 1-3 with approximately 30 to 45
words. REQUIRED 1 Describe the purposes of
audit documentation and explain why each purpose
is important. 2 Review Green and Brown, LLPs
audit documentation guidelines and explain why an
audit firm would want to include each of the
listed items in its audit documentation.
14
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 12.1 EyeMax Corporation For more
classes visit www.snaptutorial.com   ACC 546 Case
12.1 EyeMax Corporation6.00 ADD TO CART
CHECKOUT ACC 546 Case 12.1 EyeMax Corporation 1
Customer reviews Write a review This Tutorial
was purchased 2 times rated A by student like
you. Attachment ACC 546 Case 12.1 EyeMax
Corporation.docx  DescriptionReviews (1) Case
12.1 EyeMax Corporation evaluating audit
differences Assume that you are the auditor
responsible for the EyeMax audit. It is now March
30, and all planned
15
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 12.2 Auto Parts. Inc For more
classes visit www.snaptutorial.com   Case 12.2
Auto Parts. Inc. materiality and evaluating
accounting policies and footnote disclosures
1 Describe whether you agree that
capitalization of the tooling supplies is the
preferable method of accounting for Auto Parts,
Inc. 2 In general, how do auditors develop an
estimate of financial statement materiality? For
Auto Parts, Inc., what is your estimate of
financial statement materiality? Are there
qualitative factors that might impact your
decision
16
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Case 12.4 Surfer Dude Duds, Inc For more
classes visit www.snaptutorial.com   ACC 546 Case
12.4 Surfer Dude Duds, Inc 1 What are Scotts
options? 2 How might a going-concern
explanatory paragraph become a self-fulfilling
prophecy for Surfer Dude? 3 Discuss the
importance of full and accurate auditor reporting
to the public, and describe possible consequences
for both parties if the going-concern explanatory
paragraph and footnote are excluded. How might
Scott convince George that a going-concern report
is in the best interests of all parties involved?
17
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Individual Assignment 1.1 Ocean
Manufacturing, Inc For more classes
visit www.snaptutorial.com   2. What nonfinancial
matters should be considered before accepting
Ocean as a client? How important are these issues
to the client acceptance decision? Why? 5. (A).
Prepare a memo to the partner making a
recommendation as to whether Barnes and Fischer
should or should not accept Ocean Manufacturing,
Inc. as an audit client. Carefully justify your
position in light of the information in the case.
Include consideration of reasons both for and
against acceptance and be sure to address both
financial and nonfinancial issues to justify your
recommendation.
18
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Individual Assignment Case 5.3 Red Bluff
Inn Café For more classes visit www.snaptutoria
l.com   1 What are your two biggest concerns
relating to possible fraud for the café part of
the business? For each concern, generate two or
three controls that could effectively reduce risk
related to your concerns. Use common sense and be
creative! 2 What are your two biggest concerns
relating to possible fraud for the motel part of
the business? For each concern, generate two or
three controls that could effectively reduce risk
related to your concerns. Use common sense and be
creative! 3 Describe the potential impact of
your proposed controls on the morale of the
couple in charge of the day-
19
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Individual Assignment Case 5.6
SarboxScooter, Inc. For more classes
visit www.snaptutorial.com   Part A 1.
According to AS5 a) What should the
auditor consider when determining whether an
account should be considered significant? b)
What qualitative factors might cause an account
that is otherwise relatively small quantitatively
to be
20
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Individual Assignment Evaluating the Case
Against Lehman Brothers For more classes
visit www.snaptutorial.com   ACC 546 Individual
Assignment Evaluating the Case Against Lehman
Brothers The Case Against Lehman Brothers.
Write a 750- to 1,050-word evaluation. Analyze
and then summarize the responsibilities and
failings of the firm, the firms accountants, and
government regulators. Provide an update in the
case against the firm, its top executives, and
accountants.
21
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Laramie Wire Manufacturing Assignment
For more classes visit www.snaptutorial.com   ACC
546 Laramie Wire Manufacturing Assignment
22
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546 Week 1 Assignment Avoiding Bias Paper
For more classes visit www.snaptutorial.com   Avo
iding Bias Paper - Assessment Activity - Week1 -
ACC/546 - eCampus Read the pages 1-9 section of
Professional Judgment and distinguish the four
tendencies toward professional judgment bias 1.
Availability Tendency 2. Confirmation
Tendency 3. Overconfidence Tendency 4.
Anchoring Tendency In a paper 750 to 1,050 words,
evaluate how an auditor can avoid these bias
traps. For the remainder of the
23
ACC 546 help A Guide to career/ snaptutorial.com
ACC 546Case 4.1 Enron Corporation Andersen, LLP
For more classes visit www.snaptutorial.com   1)W
hat were the business risks Enron faced, and how
did those risks increase the likelihood of
material misstatement in Enrons financial
statements? 2) In your own words, summarize how
Enron used SPEs to hide large amounts of company
debt (a) What are the responsibilities of a
companys board of directors? (b) Could the
board of directors at Enron-especially the audit
committee-have prevented the fall of Enron?
24
ACC 546 help A Guide to career/ snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com