ACC 492 Course Marvelous Learning/snaptutorial.com

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ACC 492 Course Marvelous Learning/snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 1 DQ 1   For more classes
visits www.snaptutorial.com What account balances
are included in a revenue and collection cycle?
What specific control procedures should be in
place and operating in internal control governing
revenue recognition and cash accounting? What
assertions are made about classes of transactions
and events in the revenue and collection cycle?
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 1 DQ 2   For more classes
visits www.snaptutorial.com   Why is it important
to place emphasis on the existence and rights
(ownership) assertions when auditing accounts
receivable? Which audit procedures are usually
the most useful for auditing the existence and
rights assertions? What analytical procedures
might be informative regarding the existence
assertion?
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 1 Individual Assignment Assignments
From the Text   For more classes
visits www.snaptutorial.com   Resource Ch. 14
of Modern Auditing Dowload the Adobe Reader vers
ion of Ch. 14 to complete this assignment.       
     Click on the link for Ch. 14 of Modern
Auditing on the course website.          Click
Download eBook on the left-hand side of the
page.          Download Ch. 14 of Modern Auditing
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 2 DQ 1   For more classes
visits www.snaptutorial.com     How might a
purchasing manager use his or her position to
defraud the company? What can be done to prevent
it? Where could an auditor look to find evidence
of losses on purchase commitments and unrecorded
liabilities to vendors?
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 2 DQ 2     For more classes
visits www.snaptutorial.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
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 2 Individual Assignment Assignments
From the Text   For more classes
visits www.snaptutorial.com   Resource Modern
Auditing Prepare written answers to the following
assignments            Ch. 16-33 Comprehensive
Question Control Activities in Payroll
Processing Ch. 16-35 Comprehensive Question
Potential Misstatements/Tests of Controls
Payroll
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 2 Learning Team Assignment Apollo
Shoe Case Assignment   For more classes
visits www.snaptutorial.com   Resource Apollo
Shoe Case link in Week Two on the Materials
page Complete the following audit sections   See
the Course Materials folder for
Clarification            Revenue and Expenses  
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 3 DQ 1     For more classes
visits www.snaptutorial.com   What internal
control components are common among long-term
assets, liabilities, and equity accounts? What
components are unique to each? How can an auditor
assess these controls
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 3 DQ 2   For more classes
visits www.snaptutorial.com   What are the key
management assertions related to equity? What are
the most important assertions related equity? How
will auditors test these assertions?  
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 3 Individual Assignment Assignments
From the Text   For more classes
visits www.snaptutorial.com   Resource Modern
Auditing Prepare written answers to the following
assignments            Ch. 16-26 Comprehensive
Question Evaluation of Internal Controls Raw
Materials and Supplies Inventory Ch. 16-29
Comprehensive Question Computer-Assisted
Substantive Tests for Inventory
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 3 Learning Team Assignment Apollo
Shoe Case Assignment   For more classes
visits www.snaptutorial.com   Learning Check
18-2    Learning Check 18-15    Comprehensive
Question 18-25 (controls and substantive tests
for investment transactions)
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 4 DQ 1     For more classes
visits www.snaptutorial.com     What are the
steps that are required for an auditor to
finalize the audit? Which steps are the most
crucial to the outcome of the audit? How will
these steps affect the final audit decision?
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 4 DQ 2   For more classes
visits www.snaptutorial.com     What types of
opinions does an auditor issue other than
unqualified? How does an opinion other than
unqualified affect the client? In your opinion,
which is the worst? What are the circumstances
that warrant
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 4 Individual Assignment Assignments
From the Text     For more classes
visits www.snaptutorial.com       Ch. 17-22
Comprehensive Question Internal Controls for
Plant Assets Ch. 17-26 Comprehensive Question
Substantive Tests and Disclosures for Long-Term
Debt  
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 4 Individual Assignment Case
Study     For more classes visits www.snaptutorial
.com     Case 8.1 Laramie Wire Manufacturing
Using Analytical Procedures in Audit Planning  
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 4 Learning Team Assignment Apollo
Shoe Case Assignment   For more classes
visits www.snaptutorial.com        o   Before
completing this section, review the Planning
section and the Cash section with emphasis on the
Apollo Shoes Bank Rec.            Fixed Assets
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 4 Learning Team Assignment
Assignments From the Text     For more classes
visits www.snaptutorial.com     Resource Modern
Auditing Prepare written answers to the following
assignments            Ch. 17-27 Comprehensive
Question Substantive Tests for Stockholders
Equity Balances Ch. 18-31 Comprehensive Question
Substantive Tests for Cash Balances
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 5 Individual Assignment Assignments
From the Text     For more classes
visits www.snaptutorial.com   Prepare written
answers to the following assignments   Ch.
19-23 Comprehensive Question Subsequent Events
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 5 Individual Assignment Case
Study     For more classes visits www.snaptutorial
.com   Resources Case 12.4 Surfer Dude Duds,
Inc. Considering the Going-Concern
Assumption Prepare written answers that follow
the case  
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 5 Individual Assignment Issuing
Audit Reports Simulation   For more classes
visits www.snaptutorial.com   Prepare a 500-word
response to the following questions           
What are the different types of audit reports and
when should each be used?          In what types
of situations would an auditor be allowed to
issue an unqualified audit report? To what extent
is the auditor liable for misstatements in the
financial statements of the audited company?
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ACC 492 Course Marvelous Learning /
snaptutorial.com
ACC 492 Week 5 Learning Team Assignment Case
Study Assignment and Presentation   For more
classes visits www.snaptutorial.com   Resource
Case 4.1 Enron Corporation and Andersen, LLP
Analyzing the Fall of Two Giants in Auditing
Cases Complete the questions at the end of the
case. Prepare a 500-650 word response to the
following questions            What are the
principles of the AICPA Code of Professional
Conduct?
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ACC 492 Course Marvelous Learning /
snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com