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ACC 492 Endless Education /newtonhelp.com

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For more course tutorials visit www.newtonhelp.com ACC 492 Week 1 Current Issue Summary Write a 175- to 350-word summary. Research a recent article on sampling as it relates to financial statement auditing. Apply what you learn to your future or current job. – PowerPoint PPT presentation

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Title: ACC 492 Endless Education /newtonhelp.com


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ACC 492 Endless Education /newtonhelp.com
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ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 1 Current Issue Summary
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 1 Current Issue Summary
  • Write a 175- to 350-word summary.
  • Research a recent article on sampling as it
    relates to financial statement auditing.
  • Apply what you learn to your future or current
    job.
  • Click the Assignment Files tab to submit your
    assignment in a Microsoft Word document

3
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 1 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 1 DQ 1

4
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 1 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 1 DQ 2

5
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 2 Current Issue Summary Auditing
    Cash, Financial Instruments, Sales, or
    Receivables
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 2 Current Issue Summary
  • Write a 175- to 350-word summary.
  • Research a recent article on auditing cash,
    financial instruments, sales, or receivables.
  • Apply what you learn to your future or current
    job.
  • Click the Assignment Files tab to submit your
    assignment in a Microsoft Word document

6
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 2 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 2 DQ 1

7
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 2 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 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

8
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 2 Textbook Problem 23-20, 14-26
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 23-20 (Objectives 23-3, 23-4) The following are
    misstatements that might be found in the client's
    year-end cash balance (assume that the balance
    sheet date is June 30)
  • 1.The outstanding checks on the June 30 bank
    reconciliation were underfooted by 2,000.
  • 2.A loan from the bank on June 26 was credited
    directly to the client's bank account. The loan
    was not entered as of June 30.

9
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 3 Current Issue Summary Auditing
    Inventory, Warehouse, or Payroll Cycles
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 3 Current Issue Summary Auditing
    Inventory, Warehouse, or Payroll Cycles
  • Write a 525- to 700-word summary.
  • Research a recent article on auditing inventory,
    warehousing, or payroll.
  • Apply what you learn to your future or current
    job.

10
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 3 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  •  
  •  
  • ACC 492 Week 3 DQ 1
  •  

11
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 3 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 3 DQ 2

12
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 3 Team Assignment Inventory,
    Warehousing, and Payroll accounts and cycles
    (Walmart, 2000 Words)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • Inventory, Warehousing, and Payroll accounts and
    cycles
  • Consider and discuss the specific risks and
    nature of the company you will be auditing and
    create comprehensive work programs for the
    Inventory, Warehousing, and Payroll accounts and
    cycles.
  • Submit a 700- to 1,050-word document that
    includes the following
  • Audit steps for tests of controls, balances,
    transactions, analytical procedures, etc. as well
    as other considerations such as sample size and
    sample methodology.

13
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 3 textbook assignment 20-20, 21-21
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 3 textbook assignment
  • 20-20 (Objectives 20-2, 20-3) Following are some
    of the tests of controls and substantive tests of
    transactions procedures often performed in the
    payroll and personnel cycle. (Each procedure is
    to be done on a sample basis or using audit
    software.)
  • 1. Reconcile the monthly payroll total for direct
    manufacturing labor with the labor cost
    distribution.
  • 2. Examine the time card for the approval of a
    foreman.

14
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 4 Current Issue Summary auditing
    acquisitions, payments, property plant and
    equipment
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 4 Current Issue Summary
  • Write a 525- to 700-word summary.
  • Research a recent article on auditing
    acquisitions, payments, property plant and
    equipment (fixed assets), notes payable, or
    owners equity.
  • Apply what you learn to your future or current
    job.
  • Click the Assignment Files tab to submit your
    assignment in a Microsoft Word document.

15
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 4 DQ 1
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 4 DQ 1

16
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 4 DQ 2
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 4 DQ 2

17
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 4 Team Assignment Acquisition,
    Payment, Property Plant, and Equipment Notes
    Payable and Owners Equity and cycles (Walmart)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 4 Team Assignment
  • Consider and discuss the specific risks and
    nature of the company you will be auditing and
    create comprehensive work programs for the
    Acquisition, Payment, Property Plant, and
    Equipment (Fixed Assets), Notes Payable and
    Owners Equity accounts and cycles.  

18
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 4 Textbook Problem 18-26
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • 18-26 (Objectives 18-3, 18-4) In testing cash
    disbursements for the Jay Klein Company, you
    obtained an understanding of internal control.
    The controls are reasonably good, and no unusual
    audit problems arose in previous years.
  • Although there are not many individuals in the
    accounting department, there is a reasonable
    separation of duties in the organization.

19
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 5 Assignment importance of
    considering contingent liabilities, letters from
    client lawyers (Walmart)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 5 Learning Team Assignment
  • You and your team have completed your fieldwork
    and have a handful of other considerations before
    you complete the audit and issue your report.
    These activities are designed to ensure nothing
    significant has occurred between the completion
    of your fieldwork and the issuing of the audit
    report. You are assigned as a senior on the
    staff, in line to be promoted to manager, to
    instruct the other staff on the importance of
    considering contingent liabilities, letters from
    client lawyers, and subsequent events.

20
ACC 492 Endless Education /newtonhelp.com
  • ACC 492 Week 5 Final Audit Paper (Walmart)
  • For more course tutorials visit
  • www.newtonhelp.com
  •  
  • ACC 492 Week 5 Final Paper
  • Review the Form 10-K for the company selected for
    team assignments.
  • Write a 1,050- to 1,400-word paper on the
    following
  • Managements Report on Internal Control Over
    Financial Reporting
  • The Independent Registered Public Accounting
    Firms Report on Internal Control Over Financial
    Reporting

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ACC 492 Endless Education /newtonhelp.com
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