ACC 410 TUTOR Lessons in Excellence--acc410tutor.com

1
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
2
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Entire Course   FOR MORE CLASSES
VISIT   www.acc410tutor.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
3
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 1 Assignment Generally Accepted
Auditing Standards   FOR MORE CLASSES
VISIT   www.acc410tutor.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
4
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 1 DQ 1 Internal vs. External Audit
Staffs   FOR MORE CLASSES VISIT   www.acc410tuto
r.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
5
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 1 DQ 2 Audit Reports   FOR MORE
CLASSES VISIT   www.acc410tutor.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
6
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 2 Assignment Analytical Procedures
  FOR MORE CLASSES VISIT   www.acc410tutor.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.
7
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 2 DQ 1 Balance Sheet Verification
  FOR MORE CLASSES VISIT   www.acc410tutor.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
8
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 2 DQ 2 Accounting Principles   FOR
MORE CLASSES VISIT   www.acc410tutor.com   Account
ing Principles Discuss what is meant by the
phrase shopping
9
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 3 Assignment Internal Control Case
FOR MORE CLASSES VISIT   www.acc410tutor.com   In
ternal Control Case Complete Case 18-37 (p.
724-725) and submit to instructor
10
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 3 DQ 1 Audit Programs   FOR MORE
CLASSES VISIT   www.acc410tutor.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
11
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 3 DQ 2 Internal Control Procedures
  FOR MORE CLASSES VISIT   www.acc410tutor.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
12
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 4 Critical Thinking Quiz   FOR
MORE CLASSES VISIT   www.acc410tutor.com   ACC
410 Week 4 Critical Thinking Quiz
13
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 4 DQ 1 Legal Case   FOR MORE
CLASSES VISIT   www.acc410tutor.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
14
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 4 DQ 2 Ethics Case   FOR MORE
CLASSES VISIT   www.acc410tutor.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
15
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 5 Assignment Audit Report
Modifications Paper   FOR MORE CLASSES
VISIT  www.acc410tutor.com Audit Report
Modifications. Complete problem below. List a
represents the types of opinions the auditor
ordinarily would issue and List B represents the
report modifications if any that would be
necessary. Select as the best answer for each
situation items 1 to 6 the type of opinion and
modifications, if any, the auditor would normally
select. The types of opinions in List A and the
report modifications
16
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 5 DQ 1 Audit Reporting   FOR MORE
CLASSES VISIT   www.acc410tutor.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
17
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 5 DQ 2 Audit Reports   FOR MORE
CLASSES VISIT   www.acc410tutor.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
18
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om
ACC 410 Week 5 Final Paper Audit Plan Keystone
Computers   FOR MORE CLASSES VISIT  www.acc410tut
or.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.
19
ACC 410 TUTOR Lessons in Excellence--acc410tutor.c
om