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For more course tutorials visit www.tutorialrank.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   – PowerPoint PPT presentation

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Title: ACC 546 Course Inspiring Minds / tutorialrank.com


1
ACC 546 Course Inspiring Minds/ tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 All Assignments
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
3
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Assignment Burlington Bees
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 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 2.2 Apple Inc.
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
5
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 3.3 The Anonymous Caller
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?
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ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 5.1 Simply Steam, Co.
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 The Organization Holds
Individuals Accountable to Their Internal Control
Responsibility
7
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 7.1 Anne Aylor, Inc
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?
8
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 CASE 9.1 Wallys Billboard Sign Supply
CASE 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 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 9.3 Longeta Corporation
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
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ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 9.4 Bud's Big Blue Manufacturing
Case 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).
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ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 9.7 RedPack Beer Company
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
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ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 10.4 and 10.5 Southeast Shoe
Distributor, Inc(Score 100)
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 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 11.1 The Runners Shop
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.
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ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 12.1 EyeMax Corporation
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 plannedfieldwork has been completed.
Recall that total financial statement materiality
has been set at 625,000.Taking into account the
information provided, please answer the following
question.1 Which of the following three
alternatives best describes the conditions under
which youwould issue a clean opinion for EyeMax?
(select one) ____
15
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 12.2 Auto Parts. Inc
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 about the materiality of the accounting
treatment and the related disclosure?
16
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Case 12.4 Surfer Dude Duds, Inc
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 Course Inspiring Minds/ tutorialrank.com
ACC 546 Entire Course (UOP Course)
ACC 546 Week 1 Individual Assignment Auditing
Introduction Letter (UOP Course) ACC 546 Week 2
Individual Assignment Beginning the Audit Report
(UOP Course) ACC 546 Week 3 Individual Assignment
The Audit Report and Internal Control Evaluation
(UOP Course) ACC 546 Week 4 Learning Team
Assignment Audit Program Design Part I (UOP
Course) ACC 546 Week 5 Learning Team Assignment
Audit Program Design Part II (UOP Course)
18
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Individual Assignment 1.1 Ocean
Manufacturing, Inc
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.
19
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Individual Assignment Case 5.3 Red Bluff
Inn Cafe
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!
20
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Individual Assignment Case 5.6
SarboxScooter, Inc.
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 considered
significant?
21
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Individual Assignment Evaluating the Case
Against Lehman Brothers
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. Apply what you learned to your
current or future profession. How will you
integrate this knowledge to m
22
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Laramie Wire Manufacturing Assignment
ACC 546 Laramie Wire Manufacturing Assignment
23
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Week 1 Individual Assignment Auditing
Introduction Letter (UOP Course)
Write a letter to Apollo Shoes addressing the key
points listed below assume the role of an
auditor at a local firm when composing the
letter. Explain the auditing and other
assurance services your firm offers and the
benefit each has for the client. Explain your
role in providing the available assurance service
to clients. Describe the requirements
for meeting the standard for services you offer.
24
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Week 2 Individual Assignment Beginning
the Audit Report (UOP Course)
Apollo Shoes is satisfied with the services your
firm offers and wants to continue with the audit.
Apollo Shoes would like you to prepare a letter
explaining how you plan to begin the audit
process. Include with your letter the following
documents for the management at Apollo
Shoes. Engagement checklist
25
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Week 3 Individual Assignment The Audit
Report and Internal Control Evaluation (UOP
Course)
Write an engagement letter for Apollo Shoes.
Assume that Apollo Shoes is a publicly traded
company and that they have asked for SOX Section
404 consulting. Include the following key points
26
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Week 4 Learning Team Assignment Audit
Program Design Part I (UOP Course)
Write an engagement letter for Apollo Shoes.
Assume that Apollo Shoes is a publicly traded
company and that they have asked for SOX Section
404 consulting. Include the following key points
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ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Week 5 Learning Team Assignment Audit
Program Design Part II (UOP Course)
Design tests of controls, substantive tests of
transactions, and analytical procedures for the
following Apollo Shoes cycles Sales and
collection cycle Payroll and personnel cycle
Acquisition and payment cycle
28
ACC 546 Course Inspiring Minds/ tutorialrank.com
ACC 546 Week 6 Individual Assignment Audit
Program Design Part III (UOP Course)
Design tests of controls, substantive tests of
transactions, and analytical procedures for the
following Apollo Shoes cycles Inventory and
warehousing cycle Cash cycle
29
ACC 546 Course Inspiring Minds/ tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
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