ACC 410 Enthusiastic Teaching - snaptutorial.com

1
ACC 410 Enthusiastic Teaching - snaptutorial.com
2
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Entire Course   For more classes
visit www.snaptutorial.com   ACC 410 Week 1 DQ 1
Internal vs. External Audit Staffs
3
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 1 Assignment Generally Accepted
Auditing Standards   For more classes
visit www.snaptutorial.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 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 1 DQ 1 Internal vs. External Audit
Staffs   For more classes visit www.snaptutorial.c
om   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
5
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 1 DQ 2 Audit Reports   For more
classes visit www.snaptutorial.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
6
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 2 Assignment Analytical
Procedures   For more classes visit www.snaptutori
al.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 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 2 DQ 1 Balance Sheet
Verification   For more classes
visit www.snaptutorial.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
8
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 2 DQ 2 Accounting Principles   For
more classes visit www.snaptutorial.com   Accounti
ng 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
9
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 3 Assignment Internal Control
Case   For more classes visit www.snaptutorial.com
  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
10
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 3 DQ 1 Audit Programs   For more
classes visit www.snaptutorial.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 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 3 DQ 2 Internal Control
Procedures   For more classes visit www.snaptutori
al.com   Internal Control Procedures Describe
what is meant by a walk-through. Must
walk-through 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 Enthusiastic Teaching - snaptutorial.com
ACC 410 week 4 Critical thinking Quiz   For more
classes visit www.snaptutorial.com   ACC 410 week
4 Critical thinking Quiz  
13
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 4 DQ 1 Legal Case   For more classes
visit www.snaptutorial.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
14
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 4 DQ 2 Ethics Case   For more
classes visit www.snaptutorial.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
15
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 5 Assignment Audit Report
Modifications Paper   For more classes
visit www.snaptutorial.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
16
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 5 DQ 1 Audit Reporting   For more
classes visit www.snaptutorial.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,
17
ACC 410 Enthusiastic Teaching - snaptutorial.com
ACC 410 Week 5 DQ 2 Audit Reports   For more
classes visit www.snaptutorial.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
18
ACC 410 Enthusiastic Teaching - snaptutorial.com
      ACC 410 Week 5 Final Paper Audit Plan
Keystone Computers   For more classes
visit www.snaptutorial.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
19
ACC 410 Enthusiastic Teaching - snaptutorial.com