ACC 546 Think Big/newtonhelp.com

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ACC 546 Think Big/newtonhelp
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ACC 546 Think Big/newtonhelp

• ACC 546 All Assignments
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• Please check All Included Assignments Below
• ACC 546 Individual Assignment Evaluating the
  Case Against Lehman Brothers
• ACC 546 Case 3.3 The Anonymous Caller

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ACC 546 Think Big/newtonhelp

• ACC 546 Assignment Burlington Bees
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•  
•   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 evidence. What are the
  advantages of developing an expectation at a
  detailed level (i.e., using disaggregated data)
  rather than at an overall or aggregated level?

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 2.2 Apple Inc.
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•  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

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 3.3 The Anonymous Caller
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•  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 statement assertion related
  to sales transactions did management violate when
  it issued the falsified financial statements?

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 4.1 Enron Corporation Andersen LLP
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•  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

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 5.1 Simply Steam Co.
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•  Commitment to Integrity and Ethical Values
• Board of Directors Demonstrates Independence and
  Appropriate Oversight
• Managements Philosophy and Operating Style

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 7.1 Anne Aylor Inc
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•  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?

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ACC 546 Think Big/newtonhelp

• ACC 546 CASE 9.1 Wallys Billboard Sign Supply
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•  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?

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 9.3 Longeta Corporation
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•  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.

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 9.4 Buds Big Blue Manufacturing
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• ase 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?

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 9.7 RedPack Beer Company
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•  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.

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 10.4 and 10.5 Southeast Shoe
  Distributor Inc (Score 100)
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•  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

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 11.1 The Runners Shop
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• 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

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 12.1 EyeMax Corporation
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•  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.

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 12.2 Auto Parts Inc
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• 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 accounting for Auto Parts,
  Inc.

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ACC 546 Think Big/newtonhelp

• ACC 546 Case 12.4 Surfer Dude Duds Inc
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• 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?

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ACC 546 Think Big/newtonhelp

• ACC 546 Individual Assignment 1.1 Ocean
  Manufacturing, Inc
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• 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.

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ACC 546 Think Big/newtonhelp

• ACC 546 Individual Assignment Case 5.3 Red Bluff
  Inn Café
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•   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!

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ACC 546 Think Big/newtonhelp

• ACC 546 Individual Assignment Case 5.6 Sarbox
  Scooter Inc.
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•  Please check the Details Below
• Part A
• 1. According to AS5
• a) What should the auditor consider when
  determining whether an account should be
  considered significant?

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ACC 546 Think Big/newtonhelp

• ACC 546 Individual Assignment Evaluating the Case
  Against Lehman Brothers
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• 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 and failings of
  the firm,

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ACC 546 Think Big/newtonhelp

• ACC 546 Laramie Wire Manufacturing Assignment
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• ACC 546 Laramie Wire Manufacturing Assignment

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ACC 546 Think Big/newtonhelp

• ACC 546 Week 1 Assignment Avoiding Bias Paper
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• Avoiding 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

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ACC 546 Think Big/newtonhelp