ACC 410Dreams Come True /newtonhelp.com - PowerPoint PPT Presentation

About This Presentation
Title:

ACC 410Dreams Come True /newtonhelp.com

Description:

For more course tutorials visit www.newtonhelp.com ACC 410 Week 1 DQ 1 Internal vs. External Audit Staffs ACC 410 Week 1 DQ 2 Audit Reports ACC 410 Week 1 Assignment Generally Accepted Auditing Standards ACC 410 Week 2 DQ 1 Balance Sheet Verification ACC 410 Week 2 DQ 2 Accounting Principles ACC 410 Week 2 Assignment Analytical Procedures ACC 410 Week 3 DQ 1 Audit Programs – PowerPoint PPT presentation

Number of Views:12
Slides: 19
Provided by: antirrhinu40

less

Transcript and Presenter's Notes

Title: ACC 410Dreams Come True /newtonhelp.com


1
ACC 410Dreams Come True /newtonhelp.com
2
ACC 410 Entire Course (Ash Course)
  • For more course tutorials visit
  • www.newtonhelp.com
  • ACC 410 Week 1 DQ 1 Internal vs. External Audit
    Staffs
  • ACC 410 Week 1 DQ 2 Audit Reports
  • ACC 410 Week 1 Assignment Generally Accepted
    Auditing Standards
  • ACC 410 Week 2 DQ 1 Balance Sheet Verification
  • ACC 410 Week 2 DQ 2 Accounting Principles
  • ACC 410 Week 2 Assignment Analytical Procedures
  • ACC 410 Week 3 DQ 1 Audit Programs

3
ACC 410 Week 1 Assignment Generally Accepted
Auditing Standards (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Generally Accepted Auditing Standards. Complete
    problem below and submit to your instructor.
    Write under the generally accepted auditing
    standards column the specific standard that was
    violated and how the action of Jones resulted in
    a failure to comply with each standard. Organize
    your answer as shown below specifically with a
    column for the standard that was violated and a
    column for the required action. Thepapershouldbe
    2-3 pages.
  •  

4
ACC 410 Week 1 DQ 1 Internal vs. External Audit
Staffs (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Internal vs. External Audit Staffs. Spacecraft,
    Inc., is a large corporation that is audited
    regularly by a public accounting firm but also
    maintains an internal auditing staff. Explain
    briefly how the relationship of the public
    accounting firm to Spacecraft differs from the
    relationship of the internal auditing staff to
    Spacecraft. Do not forget to show the necessary
    steps and explain how you attainInternal vs.
    External Audit Staffs. Spacecraft, Inc., is a
    large corporation that is audited regularly by a
    public accounting firm but also maintains an
    internal auditing staff.

5
ACC 410 Week 1 DQ 2 Audit Reports (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  Audit Reports. Evaluate the following question
    If a CPA firm completes a nonpublic company
    audit of Adam Companys financial statements
    following IACPA generally accepted auditing
    standards and is satisfied with the results of an
    audit, an unmodified report may be issued. On the
    other hand, if no audit is performed of the
    current years financial statements, but the CPA
    firm has performed satisfactory audits in prior
    years, has confidence in the

6
ACC 410 Week 2 Assignment Analytical Procedures
(Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Analytical Procedures. In a 2-3 page paper,
    complete the case below and submit to instructor.
    Review the income statement for Uden Supply
    Company and answer the following
  • a. Describe the purpose of analytical procedures
    performed in the planning stage of the audit.
  • b. Uden Supply has projected its 2004 gross
    profit at 31 of sales despite expectation for
    some shrinkage in margins. On the basis of Uden's
    operating performance in years 2001 - 2003
    project your best guess for 2004. Project 2004
    based on the incremental changes for each line
    item over the last three years.
  •  

7
ACC 410 Week 2 DQ 1 Balance Sheet Verification
(Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Balance Sheet Verification. The best means of
    verification of cash, inventory, office
    equipment, and nearly all other assets is a
    physical count of the units only a physical
    count gives the auditors complete assurance as to
    the accuracy of the amounts listed on the balance
    sheet. Evaluate this statement. Remember to
    complete all parts of the problems. Do not forget
    to show the necessary steps and explain how you
    attained that outcome. Respond to at least two of
    your classmates postings

8
ACC 410 Week 2 DQ 2 Accounting Principles (Ash
course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Accounting Principles. Discuss what is meant by
    the phrase shopping for accounting principles.
    What mechanisms have served to prevent this
    practice by management? Remember to complete all
    parts of the problems. Do not forget to show the
    necessary steps and explain how you attained that
    outcome
  •  

9
ACC 410 Week 3 Assignment Internal Control Case
(Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Internal Control Case. Complete Case 18-37 (p.
    724-725) and submit to instructor. For each of
    the following independent cases state the highest
    level of deficiency that you believe the
    circumstances represent--a control deficiency, a
    significant deficiency, or a material weakness
  •  
  •  

10
ACC 410 Week 3 DQ 1 Audit Programs (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  • Audit Programs. All experienced auditors would
    design exactly the same audit program for a
    particular audit engagement. Do you agree?
    Explain. Remember to complete all parts of the
    problems. Do not forget to show the necessary
    steps and explain how you attained that outcome
  •  

11
ACC 410 Week 3 DQ 2 Internal Control Procedures
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  Internal Control Procedures. Describe what is
    meant by a walk-through. Must walk-throughs be
    performed during audits of internal control over
    financial reporting? May the client perform a
    walk-through and the auditors then review the
    clients work? Remember to complete all parts of
    the problems. Do not forget to show the necessary
    steps and explain how you attained that outcome
  •  

12
ACC 410 week 4 Critical thinking Quiz
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  
  • ACC 410 week 4 Critical thinking Quiz
  •  

13
ACC 410 Week 4 DQ 1 Legal Case (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  • Legal Case. Compare the rights of plaintiffs
    under common law with the rights of persons who
    purchase securities registered under the
    Securities Act of 1933 and sustain losses. In
    your answer, emphasize the issue of who must bear
    the burden of proof. Remember to complete all
    parts of the problems. Do not forget to show the
    necessary steps and explain how you attained that
    outcome.
  •  

14
ACC 410 Week 4 DQ 2 Ethics Case (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  Ethics Case. Harris Fell, CPA and member of the
    AICPA, was engaged to audit the financial
    statements of Wilson Corporation. Fell had
    half-completed the audit when he had a dispute
    with the management of Wilson Corporation and was
    discharged. Hal Compton, CPA, was promptly
    engaged to replace Fell. Wilson Corporation did
    not compensate Fell for his work to date
    therefore, Fell refused to allow Wilson
    Corporations management to examine his working
    papers. Some of the working papers consisted of
    adjusting journal entries and supporting
    analysis.

15
ACC 410 Week 5 DQ 1 Audit Reporting (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  Audit Reporting. Wade Corporation has been your
    audit client for several years. At the beginning
    of the current year, the company changed its
    method of inventory valuation from average cost
    to last in, first out (LIFO). The change, which
    had been under consideration for some time, was
    in your opinion a logical and proper step for the
    company to take. What effect, if any, will this
    situation have on your audit report for the
    current year? Remember to complete all parts of
    the problems. Do not forget to show the necessary
    steps and explain how you attained that outcome

16
ACC 410 Week 5 DQ 2 Audit Reports (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  Audit Reports. The auditors do not believe that
    certain lease obligations have been reflected in
    conformity with generally accepted accounting
    principles in the clients financial statements.
    What type of opinion should the auditors issue if
    they decide that the exceptions are immaterial?
    Material?Very material? Remember to complete all
    parts of the problems. Do not forget to show the
    necessary steps and explain how you attained that
    outcome
  •  

17
ACC 410 Week 5 Final Paper Audit Plan Keystone
Computers (Ash course)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  The final paper will be based on Appendix 6C
    Illustrative Audit Case Keystone Computers at
    pages 237-244 in your text. Write, in outline
    format but in complete sentences, a 6 to 10 page
    audit plan. It is recommended that you look at
    Figure 18.8 on page 708, which shows the control
    objectives related to accounts receivable.
  •  

18
ACC 410Dreams Come True /newtonhelp.com
Write a Comment
User Comments (0)
About PowerShow.com