ACC 410 Become Exceptional--acc410.com

1
ACC 410 Become Exceptional--acc410.com
2
ACC 410 Become Exceptional--acc410.com
ACC 410 Entire Course For more course tutorials
visit www.acc410.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
3
ACC 410 Become Exceptional--acc410.com
ACC 410 Week 1 Assignment Generally Accepted
Auditing Standards For more course tutorials
visit www.acc410.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 Become Exceptional--acc410.com
ACC 410 Week 1 DQ 1 Internal vs. External Audit
Staffs For more course tutorials
visit www.acc410.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 attained that outcome.
5
ACC 410 Become Exceptional--acc410.com
ACC 410 Week 1 DQ 2 Audit Reports For more course
tutorials visit www.acc410.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
6
ACC 410 Become Exceptional--acc410.com
ACC 410 Week 2 Assignment Analytical
Procedures For more course tutorials
visit www.acc410.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
7
ACC 410 Become Exceptional--acc410.com
ACC 410 Week 2 DQ 1 Balance Sheet
Verification For more course tutorials
visit www.acc410.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
8
ACC 410 Become Exceptional--acc410.com
ACC 410 Week 2 DQ 2 Accounting Principles For
more course tutorials visit www.acc410.com     Acc
ounting 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 Become Exceptional--acc410.com
ACC 410 Week 3 Assignment Internal Control
Case For more course tutorials visit www.acc410.co
m     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 Become Exceptional--acc410.com
ACC 410 Week 3 DQ 1 Audit Programs For more
course tutorials visit www.acc410.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 Become Exceptional--acc410.com
ACC 410 Week 3 DQ 2 Internal Control
Procedures For more course tutorials
visit www.acc410.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 Become Exceptional--acc410.com
ACC 410 Week 4 Critical Thinking Quiz For more
course tutorials visit www.acc410.com ACC 410
Week 4 Critical Thinking Quiz
13
ACC 410 Become Exceptional--acc410.com
ACC 410 Week 4 DQ 1 Legal Case For more course
tutorials visit www.acc410.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
14
ACC 410 Become Exceptional--acc410.com
ACC 410 Week 4 DQ 2 Ethics Case For more course
tutorials visit www.acc410.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
15
ACC 410 Become Exceptional--acc410.com
ACC 410 Week 5 Assignment Audit Report
Modifications Paper For more course tutorials
visit www.acc410.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
16
ACC 410 Become Exceptional--acc410.com
ACC 410 Week 5 DQ 1 Audit Reporting For more
course tutorials visit www.acc410.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
17
ACC 410 Become Exceptional--acc410.com
ACC 410 Week 5 DQ 2 Audit Reports For more course
tutorials visit www.acc410.com    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
18
ACC 410 Become Exceptional--acc410.com
ACC 410 Week 5 Final Paper Audit Plan Keystone
Computers For more course tutorials
visit www.acc410.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 Become Exceptional--acc410.com