ACC 546 PAPER Lessons in Excellence--acc546paper.com

1
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
2
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 All Assignments FOR MORE CLASSES
VISIT   www.acc546paper.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
3
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Assignment Burlington Bees FOR MORE
CLASSES VISIT   www.acc546paper.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
4
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 2.2 Apple Inc. FOR MORE CLASSES
VISIT   www.acc546paper.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
5
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 3.3 The Anonymous Caller FOR MORE
CLASSES VISIT   www.acc546paper.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
6
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 4.1 Enron Corporation Andersen,
LLP FOR MORE CLASSES VISIT   www.acc546paper.com
1)What 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
7
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 5.1 Simply Steam, Co. FOR MORE
CLASSES VISIT   www.acc546paper.com     Commitment
to Integrity and Ethical Values Board of
Directors Demonstrates Independence and
Appropriate Oversight Managements Philosophy and
Operating Style Management Establishes Structure
8
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 7.1 Anne Aylor, Inc FOR MORE
CLASSES VISIT   www.acc546paper.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
9
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 CASE 9.1 Wallys Billboard Sign Supply
FOR MORE CLASSES VISIT www.acc546paper.com   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
10
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 9.3 Longeta Corporation FOR MORE
CLASSES VISIT   www.acc546paper.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
11
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 9.4 Bud's Big Blue Manufacturing
FOR MORE CLASSES VISIT   www.acc546paper.com   Ca
se 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
12
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 9.7 RedPack Beer Company FOR MORE
CLASSES VISIT   www.acc546paper.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
13
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 10.4 and 10.5 Southeast Shoe
Distributor, Inc (Score 100) FOR MORE CLASSES
VISIT www.acc546paper.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.
2 Document your adjusting entries for any
observed misstatements that
14
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 11.1 The Runners Shop FOR MORE
CLASSES VISIT   www.acc546paper.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
15
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
  ACC 546 Case 12.1 EyeMax Corporation FOR MORE
CLASSES VISIT   www.acc546paper.com 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 fieldwork has been completed. Recall that
total financial statement materiality has been
set at 625,000. Taking into account the
information provided, please
16
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 12.2 Auto Parts. Inc FOR MORE
CLASSES VISIT   www.acc546paper.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
17
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Case 12.4 Surfer Dude Duds, Inc FOR
MORE CLASSES VISIT   www.acc546paper.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-
18
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
  ACC 546 Individual Assignment 1.1 Ocean
Manufacturing, Inc FOR MORE CLASSES
VISIT  www.acc546paper.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
19
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Individual Assignment Case 5.3 Red Bluff
Inn Café FOR MORE CLASSES VISIT   www.acc546pa
per.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
20
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Individual Assignment Case 5.6 Sarbox
Scooter, Inc. FOR MORE CLASSES
VISIT  www.acc546paper.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 considered
significant? c) What qualitative factors might
cause
21
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Individual Assignment Evaluating the Case
Against Lehman Brothers FOR MORE CLASSES
VISIT   www.acc546paper.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
22
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Laramie Wire Manufacturing Assignment
FOR MORE CLASSES VISIT   www.acc546paper.com    
ACC 546 Laramie Wire Manufacturing Assignment
23
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om
ACC 546 Week 1 Assignment Avoiding Bias Paper
FOR MORE CLASSES VISIT   www.acc546paper.com   Av
oiding 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
24
ACC 546 PAPER Lessons in Excellence--acc546paper.c
om