ACC 492 Course Inspiring Minds / tutorialrank.com

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ACC 492 Course Inspiring Minds/ tutorialrank.com
The Best way to predict the Future is to create
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ACC 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 1 DQ 1(New)
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 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 1 DQ 1 (UOP Course)
Do the following decisions have the same
precedential value (1) Tax Court regular
decisions, (2) Tax Court memo decisions (3)
decisions under the small cases procedure of the
Tax Court? Why? Which of the following sources do
you think would be most beneficial for your
client (1) Tax Court regular decisions, (2) Tax
Court memo decisions, (3) decisions under the
small cases procedure of the Tax Court, or (4)
Fifth Circuit Court of Appeals?
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ACC 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 1 DQ 2(New)
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 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 2 DQ 2(New)
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? Provide an example of how
analytical procedures might be used in the audit
of such accounts
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ACC 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 2 Learning Team Assignment Apollo
Shoe Case Assignment(New)
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
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ACC 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 1 tax Position Paper (2 Paper)
ACC 492 Week 1 Tax Position Paper Write a 700-
to 1,050-word paper that includes the following
What are the primary sources of tax law?
What are the secondary sources of tax law?
What is substantial authority?
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ACC 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 3 DQ 1(New)
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 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 3 DQ 2(New)
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 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 3 Individual Assignment Assignments
From the Text(New)
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 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 3 Learning Team Assignment Apollo
Shoe Case Assignment(New)
Learning Check 18-2 Learning Check 18-15
Comprehensive Question 18-25 (controls and
substantive tests for investment transactions)
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ACC 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 4 DQ 1(New)
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 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 4 DQ 2(New)
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 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 4 Individual Assignment Assignments
From the Text(New)
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 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 4 Learning Team Assignment Apollo
Shoe Case Assignment(New)
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 o Before completing
this section, review the Planning section and the
Cash section with emphasis on the Apollo Shoes
Bank Rec.
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ACC 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 4 Learning Team Assignment
Assignments From the Text(New)
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 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 5 Individual Assignment Assignments
From the Text(New)
Prepare written answers to the following
assignments Ch. 19-23 Comprehensive Question
Subsequent Events
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ACC 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 5 Individual Assignment Issuing
Audit Reports Simulation(New)
Resources Issuing Audit Reports simulation
located on the Week Five Materials page Complete
the simulation. Prepare a 500-word response to
the following questions
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ACC 492Course Inspiring Minds / tutorialrank.com
ACC 492 Week 5 Learning Team Assignment Case
Study Assignment and Presentation(New)
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
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ACC 492Course Inspiring Minds / tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com